The medical booking management app was reportedly valued at $310m following the round, which was led by AIA and which included Tencent and Alphabet.

Insurance group AIA has invested $20m to lead a $32m funding round for Practo, the India-based operator of a medical appointment booking platform.

The round included $5.3m from SkyBlue Enjoy Investment, a subsidiary of internet group Tencent, and $3m from CapitalG, the growth equity arm of internet technology conglomerate Alphabet. The corporates were joined by Matrix Partners, RTP Global, Sequoia Capital and Sofina Ventures.

Practo has created an online platform that helps healthcare providers conduct teleconsultations. It also enables patients…

Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.