India's leading online pharmacy, Netmeds.com, has announced acquiring telemedicine portal JustDoc.com in a cash and stock transaction.
Founded in 2015, JustDoc.com is a robust online consulting portal, which connects patients with reputed doctors via their technology platform. JustDoc has served thousands of patients throughout India through their website and app.
"The acquisition of JustDoc brings an extensive and experienced physicians' network, which will be the perfect addition to our present range of products and services at this stage in our growth plan," said founder and CEO Netmeds, Pradeep Dadha.
Netmeds.com provides prescription medicine and healthcare products to more than 3,000,000 patients across India, serving over 19,000+ pin codes. The company has seen double-digit growth rates month-on-month since inception.
Netmeds diagnostics will give customers the added benefits of expert advice from medical professionals delivered to them using cutting-edge technology with the aim to improving healthcare outcomes.
An initiative by IIT graduates Jugal Anchalia and Abhishek Kumar, JustDoc.com was launched with the intention of providing video medical consultation anywhere in the country by connecting users to the best possible doctors at minimum cost. Netmeds will leverage the combined strengths of both companies by fully absorbing the JustDoc team. The JustDoc technology will be integrated with Netmeds.com and the new offering with roll out shortly.