Delhi based Paytm, is an Indian payment and commerce company that was launched in August 2010. It is the consumer brand of parent One97 Communications. The name is an acronym for “Pay Through Mobile.” As per the latest update on the company, online marketplace and digital wallet company Paytm invested an undisclosed amount in online healthcare startup, QorQl which provides a common platform for doctors to access medical information and clinical data on patients.
QorQI is an Artificial Intelligence and big data-driven platform that lets patients save their health data, track it through wearables and schedule doctor appointments.
Speaking about the development, Sudhanshu Gupta, vice President at Paytm metioned,
“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,”
Adding to this QorQI founder Sanjay Singh mentioned,
“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.”
QorQl will form a part of Paytm’s merchant network for enabling digital payments to healthcare practitioners signed up with the platform.