Paytm Payments Bank

Paytm invests in Healthcare Startup QorQl

Paytm has announced that it has invested an undisclosed amount in QorQI, an online healthcare startup. QorQl plans to use AI and big data to improve Productivity & Care Quality of doctors and help patients manage their health and existing ailments better. Its Qcare solution offers doctors access to patient health and clinical data at the touch of a button.

Speaking on the announcement, Sudhanshu Gupta, Vice President – Paytm 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 on the consumer side and on the side of healthcare professionals. There is hence a need of Real time data collection and of improving the overall care process with advanced analytics and AI. We are impressed by QorQl’s vision and the team’s ability to solve complex use cases and are happy to be a part of their journey.”

Commenting on the occasion, Sanjay Singh, Founder and CEO, QorQl said, “QorQL is pursuing the vision to democratize healthcare access. Our connected health applications are leveraging AI and Big Data to collect, integrate and interpret data for all users. This not only helps us solve tough problems but also helps our users stay healthy. Paytm’s investment in QorQl is a huge endorsement of our Product Vision, Technology & Markets. We look forward to leveraging Paytm’s massive reach and bring to market our solutions quicker and at scale.”

Incorporated in 2015, QorQI has been praised by 100+ doctors offering services to over 60,000 consumers. The service is currently available in Delhi NCR, Aligarh and expanding to several Tier II markets across India.

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