HealthcareMagic
| Type of business | Private |
|---|---|
Type of site | Electronic Commerce, Question and Answer (Q&A) Site |
| Headquarters | Bangalore, Karnataka, India |
| Area served | Worldwide |
| Founder(s) | Kunal Sinha,[1] Shekhar Sahu,[2] Nitesh Pant, Abhilash Thirupathy |
| Key people | Kunal Sinha (CEO), Abhilash Thirupathy (Co-founder), Shekhar Sahu (Co-founder), Nitesh Pant (Co-founder) |
| Industry | Healthcare |
| Employees | 76 |
| Parent | Ebix Inc.[3][4] |
| Website | www |
| Alexa rank |  18258 (January 2014[update])[5] |
| Registration | Required |
| Launched | February 2008 |
| Current status | Active |
| Written in | Java |
HealthcareMagic is a question-and-answer website that provides answers to medical questions for a fee. A user is required to register to post a question on HealthcareMagic, paying a variable fee to receive the answer.
History
HealthcareMagic was launched in January 2008 by Kunal Sinha, Abhilash Thirupathy, Shekhar Sahu, and Nitesh Pant. Kunal Sinha founded the company after he left Unified Technologies, an internet technology company based in Bangalore.[1][6] In 2009, the company collaborated with Atom Telecom to launch an IVR-based payment service.[7] The website provides answers to health queries from qualified medical practitioners registered with it from around the world. It currently gains around 1,900 new users a day and receives 4.5 million unique visits per month.[6]
Funding
HealthcareMagic received $2.5 million in seed funding from Accel Partners in 2009 in exchange for ~20-25% equity, in $0.5 million tranches.[8][9] HealthcareMagic was acquired by Ebix Inc. on May 27, 2014, for $18.5 million.[3][4]
Controversy
The Wall Street Journal received a response that was too broad during their 2012 review,[10] and The Washington Post found their answers "too broad".[11]
References
- ↑ 1.0 1.1 "Kunal Sinha - Profile". Crunchbase. Retrieved January 2014. Check date values in:
|accessdate=(help) - ↑ "Shekhar Sahu - Profile". Crunchbase. Retrieved January 2014. Check date values in:
|accessdate=(help) - ↑ 3.0 3.1 "Ebix Fueling Growth by Going Back To Its Bread and Butter". GuruFocus.com. 2014-08-15. Retrieved 2014-08-19.
- ↑ 4.0 4.1 "Ebix Acquires Healthcare Magic". NASDAQ.com. Retrieved 2014-08-19.
- ↑ "HealthcareMagic.com Site Info". Alexa Internet. Archived from the original on 2016-03-04. Retrieved 2014-01-21.
- ↑ 6.0 6.1 Preethi, J (2011-05-04). "Online Health Takes Off: Healthcaremagic.com Adds 1,900 Registered Users A Day". Techcircle.in. Retrieved 2014-01-22.
- ↑ "HealthcareMagic inks alliance with Atom Telecom to launch IVR-based payment service". India Telecom. HighBeam. 2009-06-01. Archived from the original on 2014-06-11. Retrieved 2013-01-22.(subscription required)
- ↑ "$2.5 Million funding for HealthcareMagic". NextBigWhat. Retrieved January 2014. Check date values in:
|accessdate=(help) - ↑ "HealthcareMagic Receives $2.5 Million from Accel. Expansion Plans". MediaNama. Retrieved January 2014. Check date values in:
|accessdate=(help) - ↑ Dizik, Alina (2012-08-06). "A Review of Telemedicine Websites". The Wall Street Journal. Retrieved 2014-01-22.
- ↑ Fard, Maggie Fazeli (2013-07-30). "Beyond WebMD: Magazine Rates Services That Offer Online Access to Doctors". The Washington Post. HighBeam. Archived from the original on 2014-06-11. Retrieved 2013-01-22.(subscription required)
This article "HealthcareMagic" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
