Bengaluru-based Phasorz Technologies, which owns online doctor consultation platform DocsApp, has raised $9.6 million (around Rs 72.60 crore) in a growth funding round from Fusian Capital and returning investors Bessemer Venture Partners, Rebright Partners and Milliways Ventures.
Of the total, Fusian Capital invested $4.5 million. San Francisco-based venture capital firm Bessemer invested $3 million. Tokyo headquartered Rebright Partners and Palo Alto, California-based Milliways Ventures chipped in with $1 million each.
Founded in 2015 by IIT Madras alumni Satish Kannan and D Enbasekar, the platform provides online consultation services for patients by connecting them with doctors with specialisations in dermatology, gynaecology, sexology, paediatrics, general medicine, psychiatry, weight management. The patients, after consultations, can order medicines online and also book tests.
In August 2019, DocsApp acquired patient-doctor engagement platform DocWise adding more than 1,000 senior doctors from top hospitals.