About DocsApp
DocsApp is a company based in Bengaluru (India) founded in 2012 by Satish Kannan.. DocsApp has raised $26.2 million across 6 funding rounds from investors including DeNA, Bessemer Venture Partners and TEAMFund. The company has 927 employees as of October 30, 2024. DocsApp has completed 2 acquisitions, including DocWise and MediBuddy. DocsApp operates in a competitive market with competitors including Mosaic Wellness, MyHealthcare, Bajaj Finserv Health, Mojocare and MediAngels, among others.
- Headquarter Bengaluru, India
- Employees 927 as on 30 Oct, 2024
- Founders Satish Kannan
- Stage Minicorn
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Phasorz Technologies Private Limited
- Date of Incorporation 31 Jul, 2013
- Jurisdiction Chennai, Tamil Nadu, India
-
Annual Revenue
$77.5 M (USD)0as on Mar 31, 2024
-
Net Profit
$-25.2 M (USD)0as on Mar 31, 2024
-
EBITDA
$-19.36 M (USD)0as on Mar 31, 2024
-
Total Equity Funding
$26.2 M (USD)
in 6 rounds
-
Latest Funding Round
$8 M (USD), Series B
Nov 03, 2020
-
Investors
DeNA
& 25 more
-
Employee Count
927
as on Oct 30, 2024
-
Investments & Acquisitions
DocWise
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of DocsApp
DocsApp has successfully raised a total of $26.2M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $8 million completed in November 2020. 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 6
- Last Round Series B — $8.0M
-
First Round
First Round
(22 Oct 2014)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series B - DocsApp | Valuation | TEAMFund , JAFCO Asia |
|
| May, 2020 | Amount | Series B - DocsApp | Valuation |
investors |
|
| May, 2019 | Amount | Debt – Venture - DocsApp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in DocsApp
DocsApp has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DeNA, Bessemer Venture Partners and TEAMFund. 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 |
|---|---|---|---|---|
|
Venture capital investments and support for entrepreneurs in technology and innovation sectors.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital firm focusing on Asia regions.
|
Founded Year | Domain | Location | |
|
VC firm investing in the US
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by DocsApp
DocsApp has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DocWise and MediBuddy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Online telemedicine platform
|
2016 | ||||
|
Online platform offering multiple healthcare services
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - DocsApp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Docsapp Comparisons
Competitors of DocsApp
DocsApp 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 Mosaic Wellness, MyHealthcare, Bajaj Finserv Health, Mojocare and MediAngels, 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 |
Provider of digital health coaching platforms for men, women, and parents
|
|
| domain | founded_year | HQ Location |
Provider of comprehensive digital healthcare ecosystem
|
|
| domain | founded_year | HQ Location |
Provides online doctor consultations, lab bookings, and medicine ordering services.
|
|
| domain | founded_year | HQ Location |
Personalized wellness solutions are delivered via a digital healthcare platform.
|
|
| domain | founded_year | HQ Location |
Online telemedicine platform for specialist consultation and second opinion
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Docsapp
Frequently Asked Questions about DocsApp
When was DocsApp founded?
DocsApp was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is DocsApp located?
DocsApp is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of DocsApp?
Satish Kannan is the current CEO of DocsApp. They have also founded this company.
Is DocsApp a funded company?
DocsApp is a funded company, having raised a total of $26.2M across 6 funding rounds to date. The company's 1st funding round was a Debt – Venture of $1.7M, raised on Oct 22, 2014.
How many employees does DocsApp have?
As of Oct 30, 2024, the latest employee count at DocsApp is 927.
What is the annual revenue of DocsApp?
Annual revenue of DocsApp is $77.5M as on Mar 31, 2024.
What does DocsApp do?
Founded in 2012 and based in Bengaluru, India, a smartphone application is operated in the telemedicine sector. Consultations with health specialists are facilitated through a chat interface similar to WhatsApp for addressing patient queries. Appointments for treatments and diagnostic tests are arranged via the platform. Connections occur through calls or chats, with diagnoses and prescriptions delivered to users.
Who are the top competitors of DocsApp?
DocsApp's top competitors include Mosaic Wellness, MyHealthcare and MediAngels.
How many acquisitions has DocsApp made?
Who are DocsApp's investors?
DocsApp has 26 investors. Key investors include DeNA, Bessemer Venture Partners, TEAMFund, InnoVen Capital, and Saama Capital.
What is DocsApp's valuation?
The valuation of DocsApp is $6.09M as of Mar 2016.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.