Feb 16, 2015

DOCTOR SEARCH SITE PRACTO RAISE $30 MILLION FUNDS IN SERIES B ROUND


Practo.com an Indian health and medical startup is a doctor search portal, which allows patients to look up and book appointments with doctors across six cities in India. , has closed a $30 million Series B round to expand its services in India and other emerging markets.

PRACTO FOUNDERS
Shashank ND [CEO ,  NIT Karnataka Alumni]
Abhinav Lal  [CTO , Ex NIT Karnataka Alumni ]

WHO FUNDED PRACTO IN SERIES B ?
Funding was led by existing investor Sequoia Capital with participation from Matrix Partners.

FUNDING DETAILS:
First Round: Raised $4 Million [2012]
Second Round : Raised $30 Million [2015]

HOW WILL PRACTO USE THESE RAISED FUNDS?
  • To scale the business to reach 35 cities in India and at least four more international markets this year.
  • Raise the headcount of the company from 600 to 1500
PRACTO BUSINESS GROWTH NUMBERS
  • 1,00000 listed doctors
  • 30k+ monthly booked appointments
  • 10 million electronic patient records
  • 7.5 million unique patients
  • 7 million appointments are being made every year
  • 1.3 million pageviews
  • Traffic growing at 24 per cent per month
PRACTO REVENUE MODEL Click Here

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