About Docquity
Docquity is a company based in Singapore (Singapore) founded in 2011 by Amit Vithal, Abhishek Wadhwa, and Indranil Roychowdhury.. Docquity has raised $57 million across 3 funding rounds from investors including ITOCHU, Alkemi Partners and Infocom. The company has 146 employees as of April 08, 2024. Docquity operates in a competitive market with competitors including Doximity, Sermo, DailyRounds, DXY and CLIRNet, among others.
- Headquarter Singapore, Singapore
- Employees 146 as on 08 Apr, 2024
- Founders Amit Vithal, Abhishek Wadhwa, Indranil Roychowdhury
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Sectors
HealthcareEducation Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Docquity Services Private Limited
- Date of Incorporation 04 Nov, 2015
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.58 M (USD)45.08as on Mar 31, 2023
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Net Profit
$349.15 K (USD)26.67as on Mar 31, 2023
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EBITDA
$399.91 K (USD)-13.88as on Mar 31, 2023
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Total Equity Funding
$57 M (USD)
in 3 rounds
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Latest Funding Round
$44 M (USD), Series C
Aug 18, 2022
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Investors
ITOCHU
& 9 more
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Employee Count
146
as on Apr 08, 2024
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Software Development Team
42 people
Head Team
16 people
Product Management Team
10 people
Sales and Marketing
7 people
Leadership Team
6 people
Regional Team
5 people
Client Team
5 people
Human Resources and Administration
4 people
Unlock access to complete
Funding Insights of Docquity
Docquity has successfully raised a total of $57M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $44 million completed in August 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $44.0M
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First Round
First Round
(15 May 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series C - Docquity | Valuation | ITOCHU | |
| Mar, 2019 | Amount | Series B - Docquity | Valuation | ITOCHU | |
| May, 2018 | Amount | Series A - Docquity | Valuation | Genesia Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Docquity
Docquity has secured backing from 10 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include ITOCHU, Alkemi Partners and Infocom. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage technology startups are invested in by KDV Capital.
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Founded Year | Domain | Location | |
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Multi-stage tech-focused VC investment company funding companies in globally
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and early-stage investments in digital startups across Asia.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Docquity
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Docquity
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Docquity Comparisons
Competitors of Docquity
Docquity operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Doximity, Sermo, DailyRounds, DXY and CLIRNet, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile networking platform for medical professionals
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| domain | founded_year | HQ Location |
Provider of social community for physicians
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| domain | founded_year | HQ Location |
Provider of a social platform for healthcare professionals
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| domain | founded_year | HQ Location |
An online community for physicians and healthcare professionals is facilitated.
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| domain | founded_year | HQ Location |
Online networking and knowledge-sharing platform for doctors is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Docquity
Frequently Asked Questions about Docquity
When was Docquity founded?
Docquity was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Docquity located?
Docquity is headquartered in Singapore, Singapore.
Who is the current CEO of Docquity?
Indranil Roychowdhury is the current CEO of Docquity. They have also founded this company.
Is Docquity a funded company?
Docquity is a funded company, having raised a total of $57M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on May 15, 2018.
How many employees does Docquity have?
As of Apr 08, 2024, the latest employee count at Docquity is 146.
What is the annual revenue of Docquity?
Annual revenue of Docquity is $4.58M as on Mar 31, 2023.
What does Docquity do?
Founded in 2011 in Singapore, Docquity operates as a platform in the healthcare sector. Healthcare professionals are connected to enable discussions on medical cases. Features such as chat functionalities, medical video lectures, live webinars, and an events calendar are provided. Courses on writing and publishing medical articles, case reports, and research papers are offered, along with programs addressing personal development, stress management, and burnout prevention for doctors.
Who are the top competitors of Docquity?
Docquity's top competitors include Doximity, Sermo and DailyRounds.
Who are Docquity's investors?
Docquity has 10 investors. Key investors include ITOCHU, Alkemi Partners, Infocom, Spiral Ventures, and Joe Hirao.
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