Digital Health, B2C
Digital platform enabling convenient access to high quality doctor care and routine prescription medication in a safe, secure and clinically responsible manner.
InstantScripts is a digital healthcare platform that enables Australians to conveniently access high quality doctor care and routine prescription medication in a safe, secure and clinically responsible manner.
InstantScripts allows consumers to access doctor-approved routine prescription medication, telehealth consultations and pathology testing from the convenience of their own home via its web and app-based services. These services are all delivered at price points that are attractive for consumers, combined with an added level of convenience.
In July 2023, InstantScripts was acquired for $135m by Australian Pharmaceutical Industries Pty Ltd (API), a wholly-owned subsidiary of Wesfarmers Limited. BTI’s investment in InstantScripts delivered cash proceeds of $52.1m and an internal rate of return (IRR) of 62%.
Click here for an overview of our investment in InstantScripts.
Melbourne (HQ), Australia.
Venn Brown sat down with Paul Wilson, co-founder and Managing Partner of Bailador, to discuss Bailador’s investment strategy, what they look for in a business, the group’s capital management strategy, current market opportunities and portfolio performance.
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