Oladoc, Pakistan’s top doctor booking and teleconsultation platform, has raised $1.8 million as part of its Pre-Series A investment.
The financing was led by Sarmayacar Ventures along with participation from Doha Tech Angels and other angel investors. The round was closed in 2021, however, the official announcement has been provided now.
Founded in 2016 by Abid & Arif Zuberi, oladoc is Pakistan’s biggest doctor booking website with a network of 8,000 doctors spread across 10 cities. The platform puts the power in the hands of patients (vs doctors) by offering them the option to find, book, evaluate and review healthcare providers. In addition, the platform also allows its customers the ability to order lab tests as well as recording their medical history in the application. Oladoc has serviced more than 15 million users in the last 3 years and now has more than 300,000 verified patient ratings online.
Speaking on the raise, Abid Zuberi said, ‘Oladoc is on a mission to empower people by making healthcare accessible, transparent and inexpensive for the public.
We have witnessed tremendous growth in the previous 12 months and with the fresh fundraising round, want to transform into a digital health mall that satisfies patients’ requirements across the whole life cycle. Oladoc wants to scale its present value proposition combined with adding in seasoned C-level leadership to the team, to help scale the organization faster’.
Rabeel Warraich, the founder and CEO at Sarmayacar, said, ‘We are excited to work with Oladoc on their journey to bring quality healthcare to everyone in Pakistan. Oladoc’s staff has exhibited strong on the ground execution, helping establish oladoc as the No.1 Doctor booking platform in Pakistan. We look forward to collaborating with the founders to accelerate Oladoc’s growth and unlock the entire market potential’.