Healthcare startup Find My Doctor raises $5m in pre-Series A funding

Published January 25, 2022
Photo courtesy: Find My Doctor
Photo courtesy: Find My Doctor

Healthcare startup Find my Doctor has raised $5 million in a pre-Series A funding round that will be utilised to open dark stores, improve technology and hire new talent, a statement issued by the company said.

The funding was raised from TPL e-Ventures, the investment arm of TPL Corp as well as TPL Insurance.

The startup, which currently offers its services in Karachi, Lahore, Islamabad, Rawalpindi, Multan, Peshawar and Hyderabad, plans to expand its operations to 10 more cities by the end of this year.

Find My Doctor CEO and founder Saad Siddiqui was quoted in the statement as saying: “We are thrilled to achieve this milestone and will be scaling our operations significantly while experimenting with new products and services. Luckily, we now have the team in place as we have hired our leaders from Tesla, Bykea and an insurance startup."

The health-tech app will be improving its insurance-related services, supported by TPL Insurance, which is one of Pakistan’s prominent retail insurance providers in Pakistan.

"Although insurance is critical to healthcare services around the world, in Pakistan it is yet to cover the wider population, leaving room for substantial growth for any entity which can offer reach and affordability," the statement added.

Find My Doctor also aims to offer innovative features to the general public as well as the corporate sector to make insurance easier to enrol and benefit from.

It said the healthcare sector continued to experience an exponential volume of traffic due to Covid-19, however, the nature of the pandemic highlighted various inefficiencies of physical infrastructures, one of them being the inability to cater to a large crowd in a safe and quick manner.

"With 250,000 satisfied customers, 90,000 lab tests, 400,000 doctor visits and, more than 150 partnerships, Find My Doctor is considered a leader amongst Healthcare Apps in Pakistan," the startup said.

TPL Insurance CEO Muhammad Aminuddin said his firm continually utilised the digital paradigm to disrupt the insurance industry. "Our efforts are singularly focused on making insurance easier and accessible for all, as we look forward to building upon the same vision, set forth by Find My Doctor," he added.



27 May, 2022

After the march

FORMER prime minister Imran Khan either ‘ran away’ from Islamabad or made a temporary, strategic retreat. It...
A tough decision
Updated 27 May, 2022

A tough decision

Decision to raise fuel prices will remove a major hitch of concluding a staff-level agreement with IMF.
27 May, 2022

Xinjiang files

QUESTIONS about the status of the Muslim Uighur people in China’s Xinjiang autonomous region often arise, with...
Dark days
Updated 26 May, 2022

Dark days

The PTI, on its part, does not seem to have been prepared to face such a large deployment of state machinery.
26 May, 2022

No room for dissent

WHILE political turmoil roils the land, a number of incidents over the past few days have demonstrated that though...
26 May, 2022

Harassing passengers

REPORTS of the confiscation of personal items from passengers’ private luggage by customs officials at Karachi’s...