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Practo
Health Tech & Medtech · Bengaluru, India · Founded 2008
Matching doctors with patients and other digital services for practices MoreLess
Practo is a healthcare technology company that aims to simplify the healthcare experience for both patients and providers. The company operates primarily in the Indian market but has expanded its services to other countries as well. Practo serves a wide range of clients, including individual patients, doctors, clinics, hospitals, and diagnostic labs.
The core of Practo's business model revolves around its digital platform, which connects patients with healthcare providers. Patients can use Practo's website and mobile app to search for doctors, book appointments, consult with doctors online, and access their medical records. For healthcare providers, Practo offers practice management software called Practo Ray, which helps them manage appointments, billing, and patient records efficiently.
Practo makes money through multiple revenue streams. Firstly, it charges healthcare providers for using its practice management software and other premium services like Practo Prime, which offers enhanced visibility and features. Secondly, it earns from advertising and listing fees from healthcare providers who want to be featured prominently on its platform. Thirdly, Practo generates revenue from its telemedicine services, where patients pay for online consultations.
The company also offers Practo Reach, a service that helps healthcare providers reach more patients through targeted advertising. Additionally, Practo provides data security measures and compliance with regulations like GST (Goods and Services Tax) to ensure the safety and legality of its operations.
In summary, Practo is a comprehensive healthcare platform that connects patients with healthcare providers, offers practice management solutions, and generates revenue through software subscriptions, advertising, and telemedicine services.
Keywords: healthcare, technology, digital platform, practice management, telemedicine, appointments, billing, medical records, advertising, compliance.
Company overview
Practo company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2008
- Headquarters
- Bengaluru, India
- Employees
- 1,700
- Open positions
- 7
- Dealroom signal
- 79.8
- Investment activity
- 5 companies · latest Dec 2016
- Capital deployed
- —
- Preferred round
- ACQUISITION
Valuation & funding
Practo funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Aug 2020 | $32M | $310M | Matrix Partners · Sequoia · Tencent · RTP Global | — |
| SERIES EOther financing | Jun 2019 | $17M | $69M | Trifecta Capital Advisors | — |
| EARLY VCOther financing | Jan 2019 | $0 | — | InnoVen Capital | — |
| SEEDOther financing | Jan 2018 | $0 | — | Undisclosed | — |
| SEEDOther financing | Aug 2017 | $0 | — | MaRS Investment Accelerator Fund | — |
| SERIES DOther financing | Jan 2017 | Altimeter Capital · Thrive Capital · RTP Global · Tencent | — | ||
| ANGELOther financing | Jan 2016 | Undisclosed | — | ||
| SERIES COther financing | Aug 2015 | Sofina · Sequoia · Z47 · Tencent | — | ||
| SERIES BOther financing | Feb 2015 | Matrix Partners · Sequoia | — | ||
| EARLY VCOther financing | Jul 2013 | Undisclosed | — |
Growth signals
Practo website traffic
Latest recorded traffic for Practo is 9.4M monthly website visits, down 5.1% over the last three months. Practo's team grew 3.3% over the past year.
Hiring
Open positions at Practo
Current openings linked to this company in Dealroom.
Comparisons
Practo compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Capital deployed
Practo investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
EnlightiksPalo Alto, United StatesAn advanced analytics platform, offering business intelligence (bi) solutions to healthcare enterprises
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$12Mvaluation
Insta HealthDubai, United Arab EmiratesCloud Based Hospital Information Management System | Insta HMS
→
Genii TechnologiesMumbai, IndiaDesigns and develops mobile and web applications
$400Kvaluation
FithoIndiaProvides online nutrition and weight loss plans
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Talent graph
Practo's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Practo has talent and traffic
team presence
In the news
Latest news about Practo
Recent press, funding announcements, and product moves mentioning Practo — open to read from the original sources.
Market sentiment
What the market is saying about Practo
An AI-synthesized read of the highest-engagement posts about Practo on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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