Paytm, an eminent e-wallet and ecommerce platform, has subsidized QorQI a clandestine amount of sum.
It is an online healthcare unit and Noida-based startup, established in the year 2014, intended to optimize the productivity of doctors and other medical professionals through utilization of Artificial intelligence and big data and also desire to help patients to deal with their well being and existing illnesses better.
What Is Qcare Solution
Sanjay Singh, who is the organizer and CEO of the organization had beforehand been associated with Paytm’s parent One97 Communications as its CTO for around two years, made a statement about the company Qcare solution through which doctors can easily ingress a patient’s medical, clinical, and health data and improve the entire process. He also added, “Over 100 doctors are offering their services to over about 60,000 consumers on our platform”.
Reason Of Investment
Sudhanshu Gupta, VP of Paytm enlightened on reason behind the investment and said, “There is a need in the country for quality care at affordable costs and the sector largely works on an acute shortage of information both for consumers and for healthcare professionals. There is a need for real time data collection and for improving the overall care process with advanced analytics and AI”.
He also included in his statement that Consumer offering of the startup is going to be integrated on Paytm that will ensure its reachability to a wider range of audiences.
Alibaba Also Interested In Other Startups
Whereas Alibaba is a capitalist who support Paytm is involved in putting funds in startups like Jugnoo, LogiNext, and others.
Currently it services are available in Delhi NCR and Aligarh and intend to expand it across entire country in its next round.