Matrix Partners India and existing investor Sequoia have invested $30 million in Practo, a leading doctor search engine. This is the second institutional round of funding in the Bengaluru-based start-up. It is also one of the largest investments into digital health.
Practo, according to a press release, will use the money to expand to 35 cities in India and increase its presence in more than six countries, pursue acquisitions and grow the team.
The release said every month, over one million users book 1.20 appointments via Practo Search; its volumes have grown more than 10 times in the last one year.