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Practo raises $55M Series D funding led by Tencent

This series of funding saw three new investors namely u-NET, RSI Fund and Thrive Capital. The company has so far raised almost $180 million in total.

  • Published: January 17, 2017 1:40 PM IST
practo online healthcare app

Online healthcare platform Practo today said it has raised USD 55 million (over Rs 374 crore) in a funding led by Tencent. The series D funding also saw participation from three new investors — u-Net, RSI Fund (owned by Recruit Holdings) and Thrive Capital. With this, the company has raised close to USD 180 million so far.

“Our existing investors Sequoia Capital, Matrix Partners, Capital G (formerly Google Capital), Altimeter Capital and Sofina also participated in this round,” Practo founder and CEO Shashank N D told PTI. Online healthcare platform Practo today said it has raised USD 55 million (over Rs 374 crore) in a funding led by Tencent.

The series D funding also saw participation from three new investors — u-Net, RSI Fund (owned by Recruit Holdings) and Thrive Capital. With this, the company has raised close to USD 180 million so far. “Our existing investors Sequoia Capital, Matrix Partners, Capital G (formerly Google Capital), Altimeter Capital and Sofina also participated in this round,” Practo founder and CEO Shashank N D told PTI. ALSO READ: Practo app users can book Ola cabs for their appointments

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  • Published Date: January 17, 2017 1:40 PM IST