Raises $30M Series B Financing from Sequoia Capital and Matrix Partners
Practo, the #1 doctor search engine in Asia, today 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.
“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 and several more international locations to help hundreds of millions of consumers around the world find the best doctors and make better healthcare decisions.” said Shashank ND, Founder & CEO, Practo.