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Online pharmacy Netmeds.com has acquired telemedicine portal JustDoc.com in a cash and stock transaction. The company has not disclosed the deal size.
Founded in 2015, JustDoc.com is a robust online consulting portal, which connects patients with doctors through their platform. Following the acquisition, JustDoc’s entire team will be absorbed by Netmeds and its technology will be integrated with the latter.
Pradeep Dadha, founder & CEO of Netmeds, said, “The acquisition of JustDoc brings an extensive and experienced physicians’ network, which will be the perfect addition to our present range of products and services at this stage in our growth plan.”
Netmeds.com provides prescription medicine and healthcare products to patients across India. “Netmeds will continue to expand the scope of its offerings to include diagnostics, lifestyle-related consulting and a patient ‘peer-to-peer’ social network channel. Adding end-to-end video consultation workflows can make the whole process of providing high quality and affordable healthcare services far more efficient,” Dadha said in a statement.
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