IPO Bound Practo Launches Care Navigation Platform in US to Boost Global Expansion

IPO-bound digital healthcare platform Practo has expanded its global footprint with the launch of its care navigation platform in the United States, following a strong debut in the UAE earlier this year, as per Entrackr reports. 

The company said the move marks a key milestone in its international growth strategy as it aims to scale digital healthcare access across major global markets. 

Rapid Expansion and Platform Metrics 

The company has onboarded more than 200,000 doctors across various specialties in the US and achieved an annualised gross merchandise value (GMV) run rate of $75 million, supported by over 1 million users on the platform.  

According to Practo, monthly active users have surpassed 300,000, representing nearly six-fold growth since the launch.  

The strongest traction has come from dental and mental health categories, with more than 500 doctors across 150 hospitals, clinics and independent practices monetised through paid subscriptions. 

Financial Progress and Strategic Direction 

The US rollout comes as Practo strengthens its financial position ahead of its planned public listing. In FY25, the company reported its first-ever operating EBITDA profit of ₹15 crore, compared to a ₹17 crore loss in FY24. Revenue from operations reached ₹234 crore, with GMV steady at ₹3,500 crore and positive cash flows. 

CEO and co-founder Shashank ND said the US entry “reflects the platform’s ability to solve for trust, depth and care navigation even in complex healthcare systems,” adding that Practo is building “outcomes-led infrastructure powered by rich data” to enable better care decisions and improved health outcomes. 

Outlook and International Growth Plans 

Following the US launch, Practo plans to expand its on-ground team and evaluate strategic acquisitions to strengthen its provider network and broaden specialty coverage.  

With India, the UAE and the US as key focus markets, the company aims to scale its international revenues while maintaining profitability enhancing its IPO readiness and reinforcing its position as a global digital healthcare leader. 

Read More: IPO Update: Sai Urja Indo Ventures Receives Approval from BSE SME to Raise Funds! 

Conclusion 

Practo’s US expansion highlights its transition from a domestic healthtech platform to a global care navigation ecosystem, signalling growing investor confidence and operational maturity ahead of its market debut. 

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