Policybazaar's parent company acquires Visit Internet Services for Rs 22.41 crore

Policybazaar and Paisabazaar's parent company, PB Fintech, acquired Visit Internet Services for Rs 22.41 crore.

Policybazaar and Paisabazaar's parent company, PB Fintech, acquired Visit Internet Services for Rs 22.41 crore. The acquisition was done through PB Fintech's subsidiary Docprime Technologies. Visit Internet Services' turnover in FY19 was Rs 1.80 lakh whereas in FY20 it went upto Rs 76 lakhs.

The Visit Internet Services provides integrated internet-based healthcare, medical and other services in India as well as abroad. They also lend internet-based technology infrastructure to doctors and healthcare providers. The platform also hosts telecommunication services. It was founded in 2015 by Birla Institute of Technology and Science (BITS) alumni Anurag Prasad, Shashvat Tripathi, Vaibhav Singh and Chetan Anand. 

PB Fintech already had acquired a 98.40 percent stake in Visit Internet Services, the process of complete acquisition will be completed in February. PB Fintech had a 30.46% stake in Visit Health after its investment of Rs 10.80 crore in November 2021. Last months in December 2021 PB Fintech had acquired majority stakes in Gurugram-based loan marketplace MyLoanCare for a whopping Rs 40.41 crore.

Tags : #VisitInternetServices #PBFintech #Policybazaar #Paisabazaar #DocprimeTechnologies #AnuragPrasad #ShashvatTripathi #VaibhavSingh #ChetanAnand #funding #medicircle #smitakumar

Related Stories

Loading Please wait...

-Advertisements-




Trending Now

The Role of Genetic Profiles in Alzheimer’s Therapy: APOE4 and Treatment ResponsesMay 08, 2024
Assessing Covishield Safety: Indian Research Offers Reassurance Amidst Rare Side Effect DiscussionsMay 08, 2024
Quadria Capital Invests $102 Million in NephroPlus to Boost Dialysis Services Across AsiaMay 08, 2024
Reducing Stigma, One Story at a Time: Media's Role in Mental HealthMay 07, 2024
When Your Body Makes Beer: Exploring the Curious Case of Auto-Brewery SyndromeMay 07, 2024
Hair Today, Gone Tomorrow: Why Guys Go Bald Before Marriage May 07, 2024
Menopausal Transitions and Mental Health: UCL Study Highlights Increased Depression RiskMay 07, 2024
Vasavi Club of Buddhapurnima organised #GoVote, a vote awareness driveMay 06, 2024
Vasavi Club of Buddhapurnima organised #GoVote, a vote awareness driveMay 06, 2024
Harnessing AI for Early Alzheimer's Disease Diagnosis: IIT Indore's BreakthroughMay 06, 2024
Aurobindo Pharma's Bhiwadi Facility Under FDA Scrutiny: Understanding the ObservationsMay 06, 2024
Exploring the Role of Mediator Protein Complex in Cell Division: Implications for Disease ManagementMay 06, 2024
Akshay Tritiya Parna Mahotsav is to be held in the cityMay 04, 2024
Bharti Singh's Battle with Gallstones: Symptoms, Precautions, and Natural RemediesMay 04, 2024
Empowering Women's Health: New Mammogram GuidelinesMay 04, 2024
Rising Temperatures, Rising Risks: Addressing the Challenges of Heat StressMay 04, 2024
Gynoveda, India's First Ayurveda Fertility Company, Expands Reach with New Clinic in Pune, Set to Open 100 Clinics Across India by 2027May 03, 2024
Aptus Value Housing Finance India Limited, a leading Housing Finance Company has declared its financial results for the year ended March 31, 2024. FY 24 ResultsMay 03, 2024
TIPS FOR PREGNANCY CARE DURING SUMMERMay 03, 2024
The deadly intersection: TB and tobacco smoking co-epidemics in Indonesia Dr TARA SINGH BAM – CNSMay 03, 2024