Pulsar Capital Takes Majority Control in UAE’s Top Telehealth Provider, TruDoc

Dubai, UAE - In a major development in the healthtech industry, Pulsar Capital has acquired a majority stake in TruDoc, the leading telehealth and virtual primary care provider in the UAE. This move comes a year after the private equity firm initially acquired a minority shared in the company.

TruDoc, established in 2011 by Raouf Khalil, has been at the vanguard of revolutionising healthcare delivery, providing around-the-clock access to licensed telemedicine services. The company boasts nearly one million paid subscribers in the UAE and two million globally. Besides telemedicine services, TruDoc offers home care doctors, labs and diagnostics, e-pharmacy services, and personalized wellness programs.

The investment by Pulsar Capital is geare towards amplifying TruDoc's product suite and catalysing its expansion across South Asia, the GCC, and Africa. The overarching vision is to address two of the most formidable challenges in global healthcare: accessibility and affordability.

Managing Partner of Pulsar Capital, Vish Narain, stepping into his new position as the Executive Chairman of TruDoc, remarked, "The acquisition signifies our unwavering dedication to reinventing primary care delivery, emphasizing convenience, affordability, and accessibility. TruDoc's state-of-the-art tools, encompassing electronic patient record management, home health, telemonitoring, wearables, and generative AI, will significantly enhance the quality of care for our payors and end-consumers."

TruDoc's modus operandi stands out due to its innovative approach. The company has continually worked to bridge the gap between conventional healthcare and modern-day technology. This merger of innovation and medicine empowers patients to manage their health more effectively and conveniently from their homes, promising a more personalized healthcare experience.

Under its renewed leadership, TruDoc aims to redefine the future of healthcare. Plans are already in motion to expand its product offerings and geographical reach. The central ethos remains: delivering top-tier, accessible healthcare right from one's abode.