Tencent Leads $55 Million Investment in Indian Mobile Healthcare App

Tencent, the China internet giant, led a $55 million Series D funding in Practo, an Indian mobile healthcare site. In August 2015, Tencent led Practo's $90 Series C round. Through WeChat, Tencent's market-dominating all-purpose app, Tencent also offers O2O healthcare services, and it is using its China experience to help Practo develop a full platform of healthcare services in India, including health insurance. Practo says the new capital will help expand its platform and take it to markets in other developing countries. More details.... Stock Symbol: (HK: 0700) Share this with colleagues: // //