Doctor discovery platform Practo Technologies has concluded a deal to acquire healthcare startup Qikwell Technologies.
The size of the deal was not disclosed. Qikwell is backed by SAIF Partners and Practo has investments from Sequoia Capital and Matrix Partners.
While Practo refused to comment on the deal, queries sent to Qikwell remained unanswered.
This is Practo’s third acquisition this year.
The company expects the deal to help it gain a leadership position in the online healthcare market, which has players such as 1mg (formerly healthkart.com), Healthians, Ziffi.com and MediAngels.com.
Practo had also acquired health and fitness solutions firm Fitho and Mumbai-based product outsourcing company Genii earlier.