PlanMyMedicalTrip secures Rs 1.25 cr in angel funding, to use funds for network expansion - Firstpost

PlanMyMedicalTrip secures Rs 1.25 cr in angel funding, to use funds for network expansion

Updated: Jan 6, 2016 16:15 IST, a platform that offers international patients access to medical care at competitive prices, has secured Rs 1.25 crore funding from three angel investors – Bhanu Vikram Parsotam, Rohan Desai and Paras Patel.



The portal also plans on expanding its reach to countries that are rich with prospects for medical tourism such as Thailand, UAE, Brazil and Germany.

Talking about this new development, Anurav Rane, Founder and CEO, said, “This funding will help us serve our customers even better. It will also assist us in keeping our energies focused on our philosophy of ‘Humanity is the only religion’.”

Highlighting the reason for investing in, Bhanu Vikram Parsotam said, “I have been a part of the healthcare sector in the USA for close to two decades now. So, I am familiar with patient requirements here and strongly believe that is doing the right thing at the right time. Together with the representatives, I’m positive that we will be able to boost healthcare facilities across the globe.”

The three angel investors have a key role to play in’s growth story. Parsotam has been involved with Pensacola Home Health Care for 20 years and has previously also funded hotels and motels in the USA. Rohan Desai has 10 years of experience in stock trading and investment, and provides stock advisory services at Paras Patel is a real estate investor and an MBA by qualification.

Launched in 2012, is a Pune-based solutions provider for anyone looking for affordable medical services and necessary infrastructure at hospitals that best address the patient’s concern. The platform leverages its 1500+ tie-ups with reputed hospitals and doctors in India and Turkey to provide the best service to international patients. The business model attracts patients both online and offline. aims to establish tie-ups with all hospitals across India along with making inroads into other potential medical tourism destinations such as Brazil, Thailand, Egypt, Germany and Dubai. Its target is to capture 15 percent of the thriving medical tourism market that’s expected to reach $8 billion by 2020. It also wishes to facilitate patients’ stay in exotic destinations to aid their recovery process and take the sting away from long treatments.

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