Practo is an online healthcare platform founded in 2008 by Shashank Navalurkar that allows users to find doctors, book appointments online, order lab tests, and access health records. With over 200,000 healthcare providers on its platform across India, Singapore, Philippines, Brazil and Indonesia, Practo facilitates over 50 million appointments per year. After raising $298 million in funding, Practo was valued at $500 million in 2016, though it reported revenues of $165 million and losses of $64 million that year. Practo aims to continue expanding its services and partnerships to become a comprehensive online health platform.

1. practo
By:
Amul yadav

2. Shashank Navalurkar
Dattatreya
• Founder and CEO, Practo
• Shashank has a B.Tech from the prestigious NIT,
Surathkal
• He is a founder circle member of iSPIRT, a think
tank for the Indian software industry

3. INTRODUCTION
• Shashank started Practo in 2008, along with co-founder Abhinav Lal, when
he discovered that there was a need to transform the healthcare industry.
• With the help of practo consumers can find doctors and book online appointments,
chat online with doctors, order medicines and lab tests, store health records and
even read health articles written by doctors.
• Practo has over 2,00,000 healthcare providers on its platform and is present in
India, Singapore, Philippines, Brazil, Indonesia catering to consumers and providers
• Practo touches the lives of billions of people today and is responsible for over
50M appointments/year on its platform
• Practo on a mission to help improve human health and longevity

4. How it works
Doctors Patients
Software for doctors
Direct Revenue
Meet your doctors
Indirect Revenue
Bridge

6. FUND RAISING
• The company has raised a total funding of INR 298 crores so far.
• Out of this, about INR 11 crores came from Sequoia Capital during
March 2011 to October 2012.
• Rest of the amount – INR 286.4 crores – has been routed through
their holding company Practo Pte.
• Last fund of INR 164 crores was infused in September 2015.

7. SWOT
• Strengths
• Doctors can create their profile at practo at low of cost
• Innovative products/services
• Team works in an innovative manner
• Weakness
• Lack of awareness
• Services not present in all cities
• No name in the market

8. • Opportunities
• To collaborate with more hospitals and service providers
• People are becoming internet savvy
• Threats
• Competitors JD Docsuggest.com, Mydocadvisor.com, etc.
• Technological advancement

9. PRACTO RECENTLY
RECENTLY(2016)…
• According to the company’s Registrar of Companies filing, at the
end of FY2016, Valued at $500 million.
• A revenue of Rs 165.14 crore.
• The net sales were at Rs 156 crore.( Rs 133 from Singapore.)
• Losses were at Rs 64.61 crore.
• Practo saw a 10 percent drop in patient visits and appointments
after the demonetisation move.
• Practo had acquired Qikwell, Insta, Fitho and Geni last year.

10. FUTURE ESTIMATED
• The Practo team has been working with NewYork-based graphic design
firm Chermayeff & Geismar & Haviv (CGH) to create
its new identity –Your Home for Health.
• In a latest bid, it partnered with Uber, to enable patients to
book a cab through Practo app.
• Recently, it has also entered the beauty and wellness segment by
bringing spas, salons and fitness centres on its platform.