Deal Corners


Deal Corner October 06, 2015

Practo acquires Qikwell Technologies

Deal Brief

Practo Pte. Limited (“Practo”) has agreed to acquire 100% of Qikwell Technologies India Private Limited (“Qikwell”).

Established in 2011, Qikwell is a Bangalore based technology company focusing in the healthcare domain, especially improving access to healthcare. Qikwell has specialized expertise in web-based discovery of hospitals/ doctors and scheduling of appointments, and has tied up with more than 250 hospitals across 19 cities in India. Qikwell provides unique solutions to hospitals, clinics and doctors to ensure a pleasant patient experience. Qikwell also coordinates with over 6000 doctors, including practitioners from fields such as neurology and gynecology.

Practo, started in 2008, provides online management services for medical practitioners/ hospitals and also serves as a doctor discovery platform. Practo has approximately 2 lakh doctors and 8,000 hospitals on its database. Upon completion of the current acquisition, Practo is set to become the world’s largest healthcare platform in respect of web-based appointment booking of doctors.

Our Role

We, at Nishith Desai Associates, acted as legal, tax and regulatory counsel to Qikwell on this transaction.

Nishith Desai Associates 2013. All rights reserved.