Practo Forays Into Secondary Healthcare Segment, Launches 50 Surgery Experience Centres
Bengaluru-based telemedicine startup Practo has entered the secondary health care section with the launch of Practo Care Surgeries. The health tech startup has unveiled over fifty Practo Care Surgery expertise Centers in Bengaluru, Mumbai, Pune, Delhi-NCR, Hyderabad and Ahmedabad.
Over the past 3 months, Practo Care Surgeries has expedited consultations with over five,000 patients for secondary surgeries and has onboarded over two hundred surgeons in its partner network, aforementioned a press release from the corporate.
The company plans to expand its network to over thirty cities with over three hundred centres, add additional specialities as well as orthopaedic, gynaecology, medical speciality and aboard many surgeons by the top of next year.
The company additionally plans to facilitate INR one,000 atomic number 24 price of health care finance in India over consequent three years.
The secondary health care sector is calculable to be $10 Bn – $12 Bn in size, indicating the requirement for hyperbolic efforts to strengthen and improve access to quality surgical care and delivery.
Founded in 2008 by Abhinav Lal and Shashank ND, Practo may be a mobile-first health platform that connects patients with health care suppliers through booking appointments, checkups and consultations.
Patients can even use the platform for booking diagnostic tests, getting medicines and storing health records. the corporate additionally develop package products that facilitate health care suppliers starting from clinics to hospitals to digitalize and deliver additional economical and better quality health care to numerous patients around the world a day.
So far, Practo has raised $228.2 Mn in seven funding rounds, with a $32 Mn Series D spherical in August last year, light-emitting diode by Hong Kong-based AIA cluster. before that Practo raised its Series A funding in 2012 and completed a $55 Mn Series D funding spherical in 2017.
In 2015, Practo secured a $90 Mn Series C funding light-emitting diode by Tencent, with participation from Sofina, redwood Capital, Google Capital, measuring device Capital, Matrix Partners, and Yuri Milner.
The company had additionally raised venture debt in September 2019, to the tune of INR a hundred and twenty atomic number 24 ($17.2 Mn) from Trifecta Capital and alternative investors.
Healthtech is among the sunrise sectors within the country. per Inc42 and, India’s health tech market is calculable to succeed in $21 Bn in 2025 on the rear of telemedicine and preventive health care growth.