Health-Tech Firm Practo Initiates Bank Selection for 2026 IPO

Practo Technologies Pvt Ltd, which operates a digital healthcare platform, is exploring plans to go public, according to Bloomberg report.  

The Bengaluru-based company is assessing a listing in the second half of 2026, joining a growing set of companies looking to tap India’s strong appetite for initial public offerings. 

The discussions are still at an early stage, and the timing as well as structure of the proposed IPO could change as deliberations continue. 

Market Backdrop and Corporate Actions 

India’s IPO market has remained resilient, supported by rising retail participation and steady mutual fund inflows, leading to some of the strongest listing performances globally.  

Against this backdrop, companies are accelerating capital-raising plans to fund expansion and consolidate market positions.  

As part of its IPO preparation, Practo’s Singapore-based holding company is planning to shift its legal domicile back to India, a process expected to be completed by February. 

Company Profile and Investors 

Founded 17 years ago, Practo operates across more than 22 countries and enables users to find doctors and book appointments through its platform.  

The company’s investors include Sequoia Capital Operations LLC, Matrix Partners Management Services LP and Tencent Holdings Ltd, according to disclosures on its website. 

Read More: Busy Week for Investors: VMS TMT, Saatvik Green Energy and 14 More Companies to See Lock-In Expiry! 

Conclusion 

Practo’s potential listing reflects continued confidence among growth-stage companies in India’s equity markets, as favourable market conditions encourage firms to advance fundraising and expansion plans. 

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