Practo has helped over 1 million users not just during the covid crisis but before that too.
Health is not about reaching the destination but about making you healthier than ever, and Practo makes this journey easy.
In the last 2 years, we are all stuck in our houses because Covid-19 Practo has become a go-to site, whether for buying medicine or for doctor’s consultation.
About Founder of Practo –
Practo was founded by Abhinav Lal and Shashank ND in 2008. Abhinav Lal is a B.Tech graduate in Information Technology from the National Institute of Technology Karnataka. Since childhood, Abhinav has been fond of coding.
Shashank ND was in dire need of a physician in 2008 for his father. He was gathering all his father’s medical records to get a second opinion before his operation. He was also unable to get information about the doctor performing the procedure before putting his father’s life into the doctor’s hands.
This encouraged Shashank and his classmate, Abhinav Lal, to set up Practo Technologies 2008 during their final year in college.
Their hunger for making things better is what shaped their career into becoming successful entrepreneurs.
Practo Offerings –
They provide comprehensive medical data with detailed and verified, reliable information about more than 1 lakh doctors across the country, Booking appointments online with doctors who use Practo prime at over 9,000 hospitals and clinics.
Consultation done online with doctors across 20+ departments and health plans, which are subscription-based, provide unlimited online consultations.
Everyday Practo’s award-winning practice management software, Ray, is used by 10,000 clinics. Their full-stack HIMS solution, Insta, is trusted by their 500+ clients and across 1,200+ facilities.
They even provide facilities for diagnostic tests through Practo Associate Labs, which are done with the comfort and safety of one’s home delivery of medicines from verified pharmacies across the country.
Mission –
Practo’s mission is to make quality healthcare services affordable and accessible to every Indian.
Empower their users with the most comprehensive and accurate information and care, enabling them to make better healthcare decisions.
Funding and Investors –
Practo has raised a total of $228.2M in funding over 7 rounds.
Their latest funding was raised on Aug 15, 2020, from a Series D round.
Practo was funded by 14 investors – AIA Group, Trifecta Capital Advisors, Innoven Capital, Tencent, etc. CapitalG and Sofina are the most recent investors.
The Company has acquired 5 organizations. Recently they acquired Enlightiks on Dec 16, 2016.
Association Partners –
Practo works with the best state and national medical associations for effective and seamless adoption of digital healthcare around the country.
● Academy of Family Physicians of India(AFPI)
● Karnataka Ophthalmic Society (KOS)
● Indian Heart Rhythm Society
Future Plan –
Practo plans to expand its borders beyond India to regions like the Middle East, Southeast Asia, Latin America, Brazil, Indonesia, and more.
Practo makes the journey of a healthier life easy for every Indian and helps in living longer lives.
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