Wednesday, April 24

Tag: practo

Practo, ICICI Lombard Launches Health Insurance App For OPD Expenses
25Jan By PriyankaNo Comments
BUSINESS

Practo, ICICI Lombard Launches Health Insurance App For OPD Expenses

Private sector general insurance firm ICICI Lombard has partnered healthcare platform Practo to launch a health insurance app 'IL TakeCare' that takes cares of Outpatient (OPD) expenses of all its customers. "The app meets key customer requirements with respect to their primary healthcare needs. This includes hassle-free, real-time claim authentication of expenses such as doctor consultation, medical tests, pharmacy spends etc," ICICI Lombard General Insurance, MD, Bhargav Dasgupta said. It also empowers the user to access a cashless network comprising of specialised doctors, he said, adding that the app thus addresses a key problem of customers wherein they were hitherto required to pay for OPD expenses from their own pocket. "Today, we are also launching our Trinity technology t...
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Google Backed Online Healthcare Startup Practo Lays Off 150 Employees
7Apr By AdityaNo Comments
News

Google Backed Online Healthcare Startup Practo Lays Off 150 Employees

Online healthcare platform Practo has laid off around 10% of its workforce amounting to 150 employees as part of its annual performance appraisal and redundancies due to acquisitions. “Yesterday, 150 of our colleagues left the company to pursue opportunities outside. This is a combination of natural redundancies that emerge as we integrate our 5 acquisitions and evolve our businesses, as well as the performance required for the next phase of Practo’s growth,” a company spokesperson said in an email response. In line with the company’s policy, it provides employees with two months pay, employment and outplacement services to help them find their next great opportunity, the statement added. Practo has acquired five firms -- FitHo, Genii, Insta Health Solutions, Qikwell and Enlightik...
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Practo Acquires Bengaluru Based Analytics Platform Enlightiks
17Dec By NitishNo Comments
ACQUISITION

Practo Acquires Bengaluru Based Analytics Platform Enlightiks

India's leading healthcare platform Practo acquired a Bengaluru-based startup Enlightiks- an advanced analytics platform to offer business intelligence and predictive analysis solutions to healthcare enterprises. The acquisition strengthens Practo’s enterprise segment and augments existing solutions that includes appointment management with Qikwell and a full stack HIMS solution with Insta. The entire team of 50 people from the Enlightiks will join Practo and will form the Analytics Business Unit within Practo which will be headed by Vamsi Chandra Kasivajjala, Co-Founder & CEO, Enlightiks. Enlightiks’ primary offering is called Querent, which is a business intelligence and predictive analytics platform providing actionable insights using complex mathematical, statistical, comp...
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India’s Biggest Online Healthcare Platform Practo Expand Overseas
12Jun By AnkitaNo Comments
News

India’s Biggest Online Healthcare Platform Practo Expand Overseas

Digital healthcare platform Practo is intensifying expansion in key markets, including Southeast Asia, Latin America, the Middle East and eastern Europe besides adding 65 new cities in India during 2016. The Bengaluru-based firm claims it manages over 40 million appointments across 35 cities in India and in countries such as Singapore, Indonesia, Philippines, and Brazil. The company is present in over 50 cities in 15 countries around the world. "We plan to expand our footprint from 35 to 100 cities in India, while internationally expanding further across South East Asia, Latin America, Middle East and Eastern Europe," Practo Founder & CEO Shashank ND said. Elaborating on the companys plans, he said "We will expand further into our existing international markets by covering ...
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1mg Raises Additional Series B Funding From HBM Healthcare
31May By PriyankaNo Comments
FUNDING

1mg Raises Additional Series B Funding From HBM Healthcare

1mg, India’s leading consumer health platform, has raised has raised an undisclosed amount of additional Series B funding from HBM Healthcare Investments AG, the company said in a statement. In April, the company raised Rs.100 crore in the Series B round from Maverick Capital Ventures, the venture capital (VC) arm of US-based hedge fund Maverick Capital Ltd, besides existing investors Sequoia Capital and Omidyar Network. 1mg initially raised $6 million from Sequoia Capital, Intel Capital, Omidyar Network and Deep Kalra, co-founder of travel portal MakeMyTrip. The funding will help 1mg fend off competition from rivals such as Sequoia Capital-backed Practo Technologies Pvt. Ltd, which has so far raised $124 million from investors such as Tencent Holdings Ltd, Sofina SA, Google Capital ...
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Practo Releases Healthcare Map of India 2015
21Dec By AdityaNo Comments
Story

Practo Releases Healthcare Map of India 2015

Practo, Asia’s leading healthcare platform today released its annual healthcare findings – The Practo Healthcare Map of India 2015 which aims to highlight the key consumer healthcare concerns. The report also highlights the fastest growing concerns to enable the healthcare industry focus on the illness types that ail the population today as well as pro-actively address those that could become the next set of challenges. This report is based on search data from Practo which has nearly 40 million appointments per year and over 75M searches across 200,000 doctors and over 200 specialties. Key finding – Healthcare Map of India 2015 · Overall India: Total search volume grew over 9x to 10M+ searches a month. The fastest growing searched specialties are: o Gastroenterologists - 204% o ...
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Practo acquires Qikwell, Hospital appointment scheduling platform
24Sep By No Comments
ACQUISITION

Practo acquires Qikwell, Hospital appointment scheduling platform

Healthcare startup Practo today said it has acquired Qikwell, a company that facilitates appointment scheduling at hospitals, for an undisclosed amount. The buyout makes Practo the world's largest appointment booking platform with nearly 40 million appointments managed every year, it said in a statement. (more…)
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Practo, Healthcare startup forays into Indonesian market
1Sep By No Comments
News

Practo, Healthcare startup forays into Indonesian market

Healthcare startup Practo today said it has forayed into the Indonesian market with its product, 'Practo Search'. Practo has a presence in India, Philippines and Singapore and has a team of 1,500 employees. Indonesians will be able to search for over 4,200 verified doctors in over 60 percent of all clinics across Jakarta DKI, using Practo website or an app that has been specially built for the region, Practo said in a statement. The product, available in Indonesian and English language, will allow consumers to book appointments for doctors online, it added. "We will continue our global expansion to be present in over 10 countries by March and enable over two billion consumers to make better healthcare decisions," Practo founder and CEO Shashank ND said. Consumers can search u...
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