DailyRounds which is a global network that enables doctors to engage in sharing and learning medical content has received an undisclosed funding led by Accel Partners with participation from Beenext, Powerhouse Venture and Akusa Holdings, Japan. The company raised its first round of funding of Rs. 3 crore led by Kae Capital and from the start-up accelerator GSF and by Kae Capital.

The Bengaluru-based start-up which kicked off operations in 2014 is emerging to be a widely accepted medical app with usage spanning from Syrian refugee camps to Harvard Medical School. By late 2014, the beta app started gaining popularity among doctors. It is the highest rated medical app globally and ranked 4.7. It competes with Figure 1, Doximity, DXY (China), Docplexus, Curofy, and PlexusMD, stated the company note.

Doctors need to keep updated on the latest medical developments and treatment guidelines. Case based learning is the best way to go about doing that. The traditional methods for case discussions are CME conferences and medical journals, but the cost and time doctors need to spend often prevent otherwise busy doctors from taking full advantage of those mediums. DailyRounds solves these problems by with its mobile app.

The company is team of eight doctors and six of whom have left clinical practices to build the app. The company was co-founded by Dr. Deepu Sebin armed with an MD in Internal Medicine, Nimmi Cherian, a post graduate in computer science who worked on developing applications for the Union government’s Android based ‘Tablet-for-all’ Aakash Project and Priyaank Choubey, graduate in computer science who earlier worked as a CTO in a data driven consumer engagement platform ‘Spiffout’.
 
“The new funds will help us cement our leadership as the largest doctor network in India and also help us widen our reach in other countries where we have significant traction. We will also be adding more f specialties,” said Dr. Deepu Sebin, CEO, founder, DailyRounds.

 “We are a social network for doctors, built by doctors. More cases are discussed on our mobile app than in all the medical colleges in India combined. Our app store reviews substantiate why doctors vouch for DailyRounds as the one app that they prefer in their cell phones,” he added.
 
Doctors share and discuss rare cases on DailyRounds. Each case gets a verified correct diagnosis within 24 hours of submission. This case library and discussions help doctors keep updated even after they have left the medical colleges. Its library has replaced traditional medical journals, drug handbooks and pocket notes in many specialties.
 
“On an average, a medical doctor takes 30 key decisions per day. It ranges from the drug to be prescribed, whether surgery is an option, among others. We positively influence such decisions which are proven to have a direct impact on healthcare outcomes, stated Dr. Sebin.
 
Currently, DailyRounds has reported over 2,50,000 users both globally and in India where majority are from primary healthcare covering internal medicine, cardiology, radiology and emergency medicine being the top specialties. “There is a three level verification process for all the doctors. This is to make sure only verified and approved doctors will be taking part in discussions and case sharing,” he said.