P
Practo
Matching doctors with patients and other digital services for practices
About Practo
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.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2008
- Headquarters
- Bengaluru, India
- Employees
- 1,700
- Open positions
- 7
- Dealroom signal
- 79.8/100
- Industry
- Health, Wellness Beauty
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Medical Professionals, Testing, Matchmaking, Classifieds, Android, Patient Care, Telemedicine, Tech for Patients, Hard Tech
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 5 companies, latest Dec 2016
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
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 | — |
Growth signals
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.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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$400Kvaluation
FithoIndiaProvides online nutrition and weight loss plans
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
MaRS Investment Accelerator Fund
Series A4 investors entered at this stage
New Jersey Economic Development Authority
Sequoia
Matrix Partners
InnoVen Capital
Series B and later7 investors entered at this stage
Tencent
Sofina
Z47
Altimeter Capital
Thrive Capital
RTP Global
Trifecta Capital Advisors
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Practo on X, ranked by likes and reposts, corporate channels excluded.
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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