MyDentist

About MyDentist

MyDentist, operating under the parent company Total Dental Care Private Limited, is a chain of dental clinics in India founded in 2010 by brothers Vikram and Parth Vora. Vikram Vora, the CEO, has a background in production engineering and management, and previously worked at ICICI Bank before venturing into the dental industry. The initial concept was to provide low-cost dental care as a social venture, which later evolved into a commercial enterprise after receiving incubation and seed funding in 2010. This pivotal moment led to a rebranding from Total Dental Care to MyDentist, with guidance from R Sriram, the founder of Crossword bookstores. The company's business model is centered on providing accessible and affordable dental care to the middle-class demographic in India. It operates on a fully owned clinic model to maintain uniform standards of service, pricing, and hygiene across all its locations. MyDentist's primary revenue stream is from clinical treatments, which range from basic procedures like check-ups and cleanings to high-end services such as implants, cosmetic dentistry, and orthodontics. It also offers membership plans and sells oral care products. To make treatments more affordable, the company provides flexible payment options. All clinics are connected via a cloud-based system, allowing patients to continue their treatment seamlessly across different locations. MyDentist has a significant presence in cities like Mumbai, Pune, Ahmedabad, and Surat. The company has gone through several funding rounds, including a Series B in 2013 from Seedfund Advisors and Asian Healthcare Fund, and a Series C round in 2015 led by LGT Venture Philanthropy. As of June 2015, the company had raised a total of $19.2 million. The firm's strategy has been influenced by best practices from retail and healthcare, aiming for operational efficiency and standardized patient experiences.