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Paytm invests money in healthcare startup QorQI

siliconreview Paytm invests money in healthcare startup QorQI

According to latest buzz, the popular digital payments and commerce platform Paytm made an invested of undisclosed amount in QorQI, an online healthcare startup. Started in 2014, the Noida-based startup uses artificial intelligence (AI) and big data to improve the productivity of doctors along with helping patients to direct their health and existing ailments better.

Sanjay Singh, founder and CEO of the company who has been previously associated with Paytm's parent One97 Communications as its CTO for about two years. He said, the company's Qcare solution gives doctors access to a patient's health and clinical data to make for better services.

On this platform, there are over 100 doctors who are offering their services to over about 60,000 customers, Singh said. Currently available in Delhi NCR, Aligarh, QorQI's services have plans to expand further to tier II cities across the country.

"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," said Sudhanshu Gupta, VP, Paytm.

The QorQl's customer offerings will be included on Paytm's stage so that it can reach out to wider range of users, he said. Well, it’s not for the first time, the Alibaba-backed Paytm, has been engaged in making investments in startups like Little, LogiNext, Jugnoo among others.