Netmeds acquires KiViHealth for $10mn

Mumbai: Online pharmacy Netmeds.com on Monday said it has acquired health tech start-up KiViHealth in a cash and stock deal.

The company did not divulge the exact deal size but said it would invest close to $10 million for the acquisition as well as to integrate and grow KIVI Healthcare business segment in next two years.

KiViHealth is a clinic management platform providing cloud-based, AI-powered tools for effective doctor-patient interaction.

With enrolment of over 3,100 hospitals and health centres, KiViHealth manages over 2 million patient records and provides services to more than 2,000 doctors through its website and mobile app.