Practo, the #1 doctor search engine in Asia, announced it’s expansion plans to 35 Indian cities and 6+ international locations by March 2016. Practo is already present in India, Singapore & Phillipines and growing rapidly in each of these markets.
The $30M series B funding is one of the largest investments into Digital Health globally and the largest for any Indian healthcare technology company. Existing investor Sequoia Capital led the round with participation from Matrix Partners. Avnish Bajaj, Managing Director at Matrix India will join Practo’s Board of Directors.
Every month, over 1M users book 120,000 appointments via Practo Search. Practo Search volume has grown more than 10x in the last 1 year.
Speaking at the occasion, Shashank ND, Founder & CEO, Practo said
We are on a mission to improve human longevity by simplifying healthcare. Over the next 12 months we will expand to 35 cities in India & several more international locations to help hundreds of millions of consumers around the world find the best doctors and make better healthcare decisions.
Speaking at the occasion, Avnish Bajaj, Co-Founder & Managing Director, Matrix India said
Practo is revolutionizing healthcare by enabling consumers to find the best doctors, book instant appointments & make better, more informed health decisions. It is our privilege to work with Shashank ND and Abhinav Lal, the founders of Practo, to scale & bring Practo to millions of consumers around the globe.
Shailendra Singh, Managing Director at Sequoia Capital mentioned
From our first seed investment in Practo in 2011, the company has come a very long way, thanks to the hard work of an incredibly committed entrepreneurial team. The company has now scaled to being the market leader in online healthcare in India, a category that has created multiple multi-billion dollar companies around the world. We are deeply committed to Practo’s goals & aspirations to transform access to healthcare and positively impact society
About Practo
Practo’s mission is to help improve human longevity by simplifying healthcare. They are leading the way with Practo Search – Asia’s #1 doctor search engine used by over 1M patients every month & Practo Ray – the practice management solution of choice for thousands of doctors managing millions of appointments and digital healthcare records every year.
More information is available on www.practo.com