Pulsar Capital acquires a majority stake in UAE-based TruDoc

Private equity firm Pulsar Capital acquired TruDoc, the UAE-based telehealth and virtual primary care provider, a year after its initial investment in the firm.

Pulsar Capital says it aims to enhance TruDoc's product offerings and accelerate its growth across South Asia, the GCC, and Africa.

TruDoc strives to bridge the gap in accessibility and affordability by offering comprehensive end-to-end care for healthy individuals and those dealing with acute and chronic illnesses. At present, TruDoc serves diverse geographies, including the UAE, the Kingdom of Saudi Arabia, Nigeria, and other parts of Africa. The company has close to one million paid subscribers in the UAE and 2 million globally.

"The acquisition of TruDoc represents our continued commitment to delivering quality care to patients with an emphasis on convenience, affordability and accessibility. Technology is going to significantly change the way primary care is going to be delivered," said Managing Partner of Pulsar Capital Vish Narain, who also assumes the new role of Executive Chairman of TruDoc. "TruDoc has cutting-edge tools using the latest technology in electronic patient record management, home health, telemonitoring, wearables and generative AI, which will benefit our payors and end-consumers."

TruDoc is now poised to transform the future of healthcare delivery with a new focus on product offerings, plans of expansion, and a continued mission to make healthcare accessible from the comfort of one's home.