Oladoc raises $1.8m in pre-Series A funding

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KARACHI: Oladoc, a Pakistani platform for booking doctors’ appointments and healthcare teleconsultation, has raised $1.8 million in a pre-Series A round, the company said on Friday.

The round was led by Sarmayacar Ventures along with participation from Doha Tech Angels and other angel investors, Oladoc said in a statement, according to a report published on Dawn.com. While the round was closed in 2021, the official confirmation of it securing the funding was made on Friday.

“We are excited to partner with Oladoc on their journey to provide quality healthcare to everyone in Pakistan,” the statement quoted Sarmayacar founder and CEO Rabeel Warraich as saying. “Oladoc’s team has demonstrated strong on the ground execution, helping establish Oladoc as the number one doctor-booking platform in Pakistan.”

“We look forward to working with the founders to accelerate Oladoc’s growth and unlock the full market potential,” he added.

Oladoc, founded by Abid Zuberi and Atif Zuberi, has a network of 8,000 doctors spread across 10 cities in Pakistan.

“The platform puts the power in the hands of patients (versus doctors), by giving them the ability to search, book, rate and review healthcare providers. In addition, the platform also provides its users [with] the ability to order lab tests [and] save their medical history in the application,” the statement read.

Published in Dawn, January 15th, 2022

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