AugmentCare raises $1m in seed funding to expand digital healthcare services

LAHORE: In another remarkable milestone for a Pakistani based tech startup, AugmentCare (AC) a complete healthcare app has been successful in raising $1m in seed funding.

This follows on the heels of Karachi-based healthcare startup Find my Doctor which raised Rs20m last month, which was reported by Profit.

AugmentCare is a Lahore-based healthcare startup whose app acts as a conduit for patients with doctors, pharmacies and laboratories. This funding would permit it to expand its operations across Pakistan, and hire more members to its team.

It had piqued the curiosity of local and international investors in East Asia, which resulted AugmentCare in successfully landing $1m in seed funding.

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The digital-care health startup much alike its competitors Find my Doctor and MyDoctor.pk aspires to serve the populace by improving healthcare conditions in Pakistan and provide ease of access to high quality service.

The startup has around 30,000 patients registered on its platform, alongside 125 doctors from Lahore and Karachi. Also, the numbers are growing with international doctors expressing their interest in AugmentCare’s platform.

CEO Hyder Mumtaz said “We believe in a digitally connected Pakistan and while other aspects of our lives are ruled by technology, there is no reason that healthcare shouldn’t be. We aim to continue to innovate and use the capital we have accumulated to improve the healthcare experience and generally contribute to the economy of Pakistan.

Ahmed Shuja and Hyder Mumtaz, founders of AugmentCare have had enormous experience about healthtech in Middle East, UK and Australia. After finding they shared mutual interests and an enthusiasm for lifting quality of healthcare services in Pakistan, the concept of AugmentCare was born in mid-2016.

AugmentCare beta piloted their projected in LUMS and its students were provided ingress to eight medical practitioners via its platform, which also included a mental-health professional whose demand was sought the highest.

Around 25pc of student body signed up for AugmentCare’s app and was used once at least, stressing the significance of technology to offer seamless and simplify healthcare services.

Profit did a detailed cover-story on startups providing digital healthcare services in Pakistan which included AugmentCare, MyDoctor.pk, Marham and ZocDoc.

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Mohammad Farooq
The author is an Assistant News Editor at Profit by Pakistan Today. His works have been published in Dawn, Express Tribune, LiveMint India, Huffingtonpost India and The News on Sunday. He tweets @MohammadFarooq_

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