Practo has secured $90m in series C fund round. The fund round was headed by Tencent and have participated from Marquee Institutional investors including Sequoia India, Sofina, Google Capital, Matrix Partner, Altimeter Capital, Sequoia Capital Global Equities and Yuri Milner.practo.
The secured fund round will help them in enhancing their present set up and professionals strength. This will come just few months after securing a $30m series B round from Matrix Partner and Sequoia India has helped Practo’ total funds secured to $1.25m and will be largest in digital health. The users need to mention their high quality inputs related to its services.
In the last 6 months, Practo has risen to over 6X to be one fast growing health-care platforms across the globe in around 200,000 healthcare practitioners on it and over 10m monthly searches led by consumers to look for the healthcare choices. They can get the best help for the fund round.
“Sofina is proud to join Practo on its journey to transform the way stakeholders interact in the healthcare space, consistent with our strategy to be a long-term partner of world-class entrepreneurs and investors in growth markets.” – Maxence Tombeur, Asia head at Sofina. They shall seek the related information as well.
Within forthcoming three to six months, Practo will be expanding product lines and will be continuing to look for probable owning of companies to avail healthcare segments and will be providing an experience across medicines, fitness and wellness across the globe.
These footprints will be expanding from the present 35 Indian cities and 3 nations cross 100 Indian cities and 10o nations all over South East Asia, Middle East, and Eastern Europe. They shall seek the quality solutions and will be offering help to enhance services also.