There are not many companies that can make Tencent's continuous gold distribution, and Practo is one of them. It is a star company in India and is headquartered in Bangalore. Founded in May 2008 by the company's current CEO Shashank ND and CTO Abhinav Lal.
In 2015, Practo completed a $90 million financing in the C round, and Tencent led the investment. In January 2017, Tencent once again led Practo's $55 million Series D financing, while participating investors included Russian Ru-Net, Japan's RSI fund and New York's Thrive Capital. After this financing, it is planned to use this round of funds to expand the company's business to emerging markets around the world. At present, Practo's total financing amount reaches 179 million US dollars.
Practo Ray has a market share of 90% in India
It can be said that Practo is the longest-established online doctor appointment platform in the Indian market, and currently employs 1,500 people. The main product, Practo Ray, accounts for 90% of the Indian market. According to public data, there are close to 45 million appointments per year, and the monthly search volume can reach 10 million. The platform currently has 200,000 doctors, 10,000 hospitals and 5,000 clinics.
On the core product, Practo's first product was a Practo Ray management tool for doctors and hospitals. It was written by two founders of the company. After years of improvement, it has become a full-featured medical service. Data management software. For doctors, they can use Ray products to manage patient appointments and electronic medical records.
For the hospital, Ray is actually the SaaS system, which is where Tencent is mainly. Practo Ray not only helps doctors achieve paperless work, but also enhances the management efficiency of doctors, digitally manages schedules, medical stocks, medical bills and other services, helping doctors to complete management work and put more energy into it. In the treatment of disease. There are four main functions:
1. Appointment management function: accept appointments and reschedule appointments anytime, anywhere; automatically send appointment confirmations and reminders to patients via SMS and email; patients are electronically registered when they come to the clinic.
2. Bill management functions: form and send electronic bills; automatically remind patients to pay bills; accept advance and installment payments; form a list of treatable diseases and treatment price lists.
3. Electronic medical record management function: Create electronic medical records for patients; the original paper medical records of patients can be converted into electronic medical records and added to new electronic medical records; help manage various complicated documents, such as X-ray films; through SMS and email Automatic delivery of electronic prescriptions to patients; providing strict security guarantees to ensure the security of user data.
4. Information reminder function: reminds the patient to answer the missed call; reminds the patient of the time of arrival at the clinic; automatically sends a greeting to the designated patient on a special day such as a birthday.
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