Bangalore, August 6, 2015: Leading India-headquartered healthcare platform, Practo, embraces B2B and B2C in its flagship offerings: Practo Ray, and Practo Search, creating the world’s first healthcare hyperloop that is connecting the entire healthcare ecosystem.
It has just announced having tied up $ 90 million in funding led by by Tencent, with participation from marquee institutional investors including Sofina, Sequoia India, Google Capital, Altimeter Capital, Matrix Partners, Sequoia Capital Global Equities and Yuri Milner.
This comes a few months after closing a $30 million from Sequoia India and Matrix Partners, bringing Practo’s total funds raised to $125 million - one of the largest in the world of Digital Health.
Over the past six months, Practo has grown over 6x to become one of the fastest growing healthcare platforms in the world with nearly 200,000 healthcare practitioners on it and over 10M monthly searches by consumers looking to make the right healthcare choices.
The footprint will expand from the current 35 Indian cities and three countries to over 100 Indian cities and 10 countries across South east Asia, Latin America, Middle East and Eastern Europe.
Says Shashank ND, Founder & CEO, Practo: “We are hard at work building a single health app that helps people live healthier by making better healthcare decisions for themselves and their loved ones. We are excited to partner with some of the best investors on the planet. Our global partners will give us the edge to continue building global healthcare products that our users love. Millions of users trust our platform every month and with our international expansion we aim to take Practo to billions of people globally."
Our previous news about Practo: Just what the doctor ordered