PlanMyMedicalTrip.com receives funding worth Rs. 1.25 crores from Angel Investors

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mmmtAims to strengthen presence, boost the digital experience and venture into newer geographies with the raised capital

Mumbai, January 6, 2016: PlanMyMedicalTrip.com, a platform that offers international patients access to medical care at competitive prices, recently announced the news of its 1.25 crore funding from three angel investors – Bhanu Vikram Parsotam, Rohan Desai and Paras Patel. The funding was led by Founder and company CEO, Anurav Rane. The venture intends on utilising the fresh capital to increase its catalyst network across the world and improving their customer’s digital experience. These apart, the portal also plans on expanding its reach to countries that are rich with prospects for medical tourism such as Thailand, UAE, Brazil and Germany.

The funding goes on to prove that the field of medical tourism holds much promise. PlanMyMedicalTrip.com, in specific, combines healthcare, tourism and e-commerce in a way that’s unique and powerful. The portal’s intervention makes it simple for a patient looking for specialised treatments to choose a hospital and doctor who best understands his/her needs. Because the international patient departments at many hospitals aren’t well equipped to handle patients from abroad, PlanMyMedicalTrip.com effectively becomes a one-stop destination for patients to compare doctors and hospitals, read reviews, receive end-to-end guidance on the treatment, travel and stay and be rest assured of quality. All this at a treatment cost that can’t be matched by any reputed hospital.

Talking about this new development, PlanMyMedicalTrip.com Founder and CEO, Anurav Rane said, “Even though our team strictly adheres to the company’s growth strategy to achieve its goals, this funding will help us serve our customers even better. It will also assist us in keeping our energies focused on our philosophy of ‘Humanity is the only religion’.”

Highlighting the reason for investing in PlanMyMedicalTrip.com, Bhanu Vikram Parsotam said, “I have been a part of the healthcare sector in the USA for close to two decades now. So, I am familiar with patient requirements here and strongly believe that PlanMyMedicalTrip.com is doing the right thing at the right time. Together with the PlanMyMedicalTrip.com representatives, I’m positive that we will be able to boost healthcare facilities across the globe.”

The three angel investors have a key role to play in PlanMyMedicalTrip.com’s growth story. The news of funding also validates the portal’s significant contribution in the healthcare space. Bhanu Vikram Parsotam has been involved with Pensacola Home Health Care for 20 years and has previously also funded hotels and motels in the USA. Rohan Desai (30), has 10 years of experience in stock trading and investment and provides stock advisory services at www.rdviews.com. Paras Patel (29), meanwhile, is a real estate investor and an MBA by qualification.

About PlanMyMedicalTrip.com: Launched in 2012, PlanMyMedicalTrip.com is a Pune-based solutions provider for anyone looking for affordable medical services and necessary infrastructure at hospitals that best address the patient’s concern. PlanMyMedicalTrip.com is a unique platform that leverages its 1500+ tie-ups with reputed hospitals and doctors in India and Turkey to provide the best service to international patients.

The platform has successfully treated over 3,000 patients since it launched in 2007 under the brand name Best Medical Centers. Its catalysts, who refer patients to PlanMyMedicalTrip.com, are spread across US, UK, Africa and Middle East to name a few.

The venture is run by a robust team of experts in the field of travel, medicine and technology. The business model attracts patients both online and offline.

PlanMyMedicalTrip.com aims to establish tie-ups with all hospitals across India along with making inroads into other potential medical tourism destinations such as Brazil, Thailand, Egypt, Germany and Dubai. Its target is to capture 15% of the thriving medical tourism market that’s expected to reach $8 billion by 2020. It also wishes to facilitate patients’ stay in exotic destinations to aid their recovery process and take the sting away from long treatments.