What exactly is Practo, and what does it do?
Practo is a healthcare technology firm that provides customers with cutting-edge solutions and services. Practo Ray, their main product, is a cloud-based platform that allows doctors to manage their patients’ records.
What were their early hurdles, and how did they get started?
In this startup story, we’ll look at how this Healthtech Company became so successful, how Practo became so successful, and what their future objectives are.
The Healthtech Company began as a simple online appointment booking system in 2008, founded by Shashank ND and Abhinav Lal.
Over time, they’ve added Practo Ray, a cloud-based platform that helps doctors manage their patients’ records, and Practo Concierge, a service that assists patients in finding doctors and scheduling appointments.
The astonishing rise of Practo: How a startup become India’s largest online Practo
Shashank ND had the concept for Practo while working as a software programmer in the United States. He noticed how difficult it was for patients to locate doctors and schedule appointments, and he believed there had to be a better approach.
When he returned to India, he met Abhinav Lal, a marketing and sales expert. Practo was started in 2008 by the two of them together.
Practo’s Rise to the Top of India’s Healthtech Startups
For the startup, the early days were difficult. They had to persuade doctors to join their platform and patients that it was a secure and dependable way to schedule appointments.
But their efforts were rewarded, and by 2010, this internet healthcare platform had expanded to five Indian cities.
Practo Ray, a cloud-based platform for doctors to manage their patients’ records, was created in 2013 by a healthcare startup. This was a game-changer for the business since it allowed them to attract additional clients. Practo Ray is used by more than 30,000 doctors in India now.
Practo Concierge, a service that helps patients identify doctors and schedule appointments, was introduced by Healthtech Company in 2015. This was yet another significant achievement for the organization since it enabled them to extend their consumer base.
This online healthcare platform now has over 30 million users and is available in over 50 countries. Sequoia Capital, Tencent, and Google have all invested over $200 million in the company.
The online Healthcare Platform has grown to become India’s most significant health tech firm, and it is well on its way to being a global leader in the field.
What are some of the company’s main achievements in India and worldwide?
Practo’s significant achievements include:
- Being India’s largest health tech company.
- Expanding its services to more than 50 countries.
- Garnering over 30 million consumers.
How do they intend to keep their company developing and expanding in the future?
The Healthtech Company intends to continue growing and extending its business by providing clients with innovative solutions and services. They also plan to broaden their global reach to include other countries.
What impact has Practo had on India’s and other nations’ healthcare industries?
By making it easier for patients to identify doctors and schedule appointments, Practo has had a major impact on the healthcare industry in India and other nations across the world.
They’ve also improved the quality of treatment provided to patients by allowing doctors access to their records.
It had a simple purpose when it launched in 2008: to make it easier for individuals to find and book appointments with doctors. They’ve risen to become India’s most significant health tech firm!
Thanks to their revolutionary platform, millions of patients have been connected to over 100,000 doctors. The company has raised over $180 million in investment and has over $1 billion in market capitalization.
Future Roadmap for Practo
The organization aspires to be the only one-stop shop for patients looking for the best doctors and scheduling appointments. As they work toward this goal, they will gain many patients. Under the banner of Practo Plus, they have announced the launch of a monthly health care package.
This would be a subscription-based healthcare service that would allow users to have unlimited online consultations with doctors from over twenty different specialties. In addition, the company has launched online medical consultations in 15 distinct Indian languages to help patients and physicians communicate in their native tongues. Patients can now freely choose a doctor who speaks their preferred language.
The organization aspires to be the only shop for patients looking for the best doctors and scheduling appointments. As they work toward this goal, they will gain many patients. Under the banner of Practo Plus, they have announced the launch of a monthly health care package.
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This would be a subscription-based healthcare service that would allow users to have unlimited online consultations with doctors from over twenty different specialties. In addition, the company has launched online medical consultations in 15 distinct Indian languages to help patients and physicians communicate in their native tongues. Patients can freely now choose a doctor who speaks their preferred language.
Frequently Asked Questions
Is Practo beneficial to doctors?
Practo contains the answers to all of your fundamental questions. It includes information on a doctor’s education, experience, clinic hours, consultation fees, and approximate distance from your location.
Is Practo available to doctors for free?
The Practo listing is entirely free and unrelated to any other Practo goods.
Who are Practo’s Indian competitors?
Portea, Goqii, and Lybrate are the major Practo competitors in India.
When was Practo established?
Practo was founded in March of 2013, and the company has only grown since then.
Is Practo a corporation based in India?
Yes, Practo is a health-tech startup based in India.
Conclusion
Finally, Practo is a startup success. They provide unique products and services, have expanded its reach to over 50 countries, and has over 30 million users.
It is transforming the healthcare scene in India and other countries worldwide, and India is on its path to becoming a global leader in healthcare technology. It is one of India’s most successful startup stories in health tech. If you’re looking for inspiring success stories, go no further than Practo.
This startup has gone a long way in a short amount of time and is well on its way to becoming a global leader in healthcare technology.
