Pristyn Care, announced the acquisition of the online physician consultation platform Lybrate for an undisclosed amount.
With this acquisition, Gurugram-based Pristyn Care’s plans to expand its existing health-tech capabilities and offerings in primary care.
Pristyn Care currently provides a digital platform for minimal invasive medical and surgical interventions.
In the coming days, the companies will work towards combining the business operations seamlessly.
The partnership will help Pristyn Care to further promote delivery of healthcare services with an enhanced pan-India footprint. Lybrate’s 150 employees will be joining Pristyn Care.
“With this acquisition, Pristyn Care is looking to add doctor consultation online services, improve care effectiveness in primary care and meet patient expectations,” the company statement said.
“Given the increasing demand for online health services, Lybrate makes a compelling strategic fit to give access to primary care to our patients via online consultation services,” said Harsimarbir Singh, co-founder at Pristyn Care.
“We truly believe there is a significant appetite for innovation and growth in healthcare, and similar acquisitions will help consolidate, scale and grow healthcare delivery assets. This partnership will mean more access to primary care via qualified doctors, online consultation services, and an improved experience for the patients,” Singh added.
Saurabh Arora, the founder of Lybrate, said Pristyn Care resonates strongly with Lybrate, and given the nature of its business strongly complementing our offerings, it should allow building upon the strengths of each other.
“With Pristyn Care’s focus on secondary healthcare and Lybrate’s robust network of large numbers of primary care doctors, we can achieve tremendous synergies,” Arora added.
The pandemic has brought about massive shifts in patient behavior, especially most of them seeking online consultations and communicating with doctors through text, voice, and video.
