New Delhi-based healthcare tech start-up Visit, which was recently funded by Twitter co-founder Biz Stone, is in talks with investors in Silicon Valley to raise $1.5 million for its US expansion.

Anurag Prasad, Co-founder, said the company is talking with key strategic investors in the US to sell its chatbot technology. “We should be able to finalise the deal in 2-3 months,” he added.

Visit is an on-demand healthcare application that uses Artificial Intelligence-powered chatbot to diagnose patients by asking relevant questions. The app has three interfaces – chatbot, in-house physician and specialist. In case the bot is unable to diagnose, patients can still get in touch with the in-house physician and if necessary cases are referred to the specialist across different categories. The company has partnered with 2,200 specialists so far and is in the process of adding more.

Target areas

The B2B platform’s target audience are corporate enterprises and insurance companies. Prasad said it is their differentiating factor since most of the healthcare start-ups are in the B2C space. They get revenue based on per-person per- month basis from companies.

In case of corporate, they charge ₹100 per employee per month whereas the amount differs for the insurance players. “We are currently working with Religare Health Insurance and are in talks with another insurance player for partnership,” Prasad added. The company works with 15 corporate enterprises such as YES Bank and Wipro Consumer Care and is in the process of adding more.

According to the founders, at a time when employee wellness is becoming a key for retaining employees, the ease of using the app and increased engagement with employees are attracting enterprises. For instance, if only 40 out of 7,000 people used the medical services the company provided annually, after partnering with Visit it went up to 1,000 for a month.

“Corporate enterprises are finding this the right fit and we are seeing more traction in this space,” he added.

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