Archive · 30 Dec 2025
Practo targets $1 bn GMV by 2026
Practo, a digital healthcare platform, is aiming to reach $1 billion in sales by June 2026.
This is a big jump from the $400 million they made last year.
The US market is expected to contribute a lot to this growth, with Practo having over 500,000 doctors in both India and the US.
The company has been profitable for the last six quarters and plans to expand further through acquisitions.
They are also looking to go public by the end of next year.
Practo's main businesses are marketplace services and software, which together make up 80% of their operations.
Practo aims for $1 billion GMV by June 2026, up from $400 million last year.
US operations expected to contribute $250-300 million to the target.
Company has on-boarded 500,000 doctors in the US and 500,000 in India.
Practo has been Ebitda profitable for six quarters with 10-14% margins.
Plans to trigger inorganic growth through international buyouts in the next 6 months.
- Who
- Practo, a digital healthcare platform
- What
- Targeting $1 billion GMV by June 2026
- When
- By June 2026, with IPO potential by end of next year
- Where
- Primarily in India and the US, with expansion in UAE
- Why
- To support a potential IPO and accelerate growth in high-growth categories
- Target GMV
- $1 billion by June 2026
- US Contribution
- $250-300 million
- Previous Year GMV
- $400 million
- Doctors in India
- 500,000
- Doctors in US
- 500,000
- Ebitda Profitability
- 6 quarters, 10-14% margins
- Take Rate
- $55-60 million, up to $80 million by FY end
- Core Business
- 80% from marketplace and SaaS