“Necessity Is The Mother Of All Inventions.” Someone has very rightly stated that the maximum a success groups are created out of private pain factors. When we are facing a trouble and we are not capable of find a way to it, in desperation we Create One!
That is precisely what this younger boy – Shashank ND reading B.Tech in IT from the National Institute of Technology in Karnataka did! He went thru a tough scenario in his lifestyles in which he felt not anything however helpless and to make sure nobody else has to go through this kind of scenario, he with the assist of his pal Abhinav Lal created the remaining solution.
He Created Practo!!!
It all started in the 12 months 2008, when Shashank’s father had to go through a knee alternative surgical operation. He became getting together his father’s clinical records to take a 2nd opinion of an American Physician approximately the operation that his father was suggested. But to his unlucky luck, he was unable to access sufficient data approximately the physician, to make an knowledgeable choice before putting his father’s existence within the physician’s arms.
This incident left a huge effect in his head, so with the help of his buddy / classmate Abhinav, the duo set up Practo Technologies Pvt. Ltd. Of their university hostel dorm room in the 12 months 2008.
Practo, a product of Naabo medical answers, changed into nothing but online practice management software program that helped medical doctors, clinics, etc. To control their practice from any and everywhere. It helped to provide higher services to their sufferers. It also routinely reminded sufferers approximately their appointments, medical doctors to shop and manage their patient records, photos related to remedies, accounting and billing. In the maximum simplified terms; it added medical doctors and patients collectively on the same platform in order that sufferers realize wherein to move when they need to locate the satisfactory physician, and medical doctors can manage their patients higher.
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This labored in their choose and shortly in July 2009, they got decided on for the Start-Up Acceleration Program initiated by Morpheus Venture Partners. This changed into a huge boost to their confidence and with entire training and mentorship from the accelerator software; they multiplied to their second and 0.33 workplaces in Chennai & Mumbai in October & November 2009 respectively.
Their pace, strategy & concept had been best and with time fulfillment was sure to come back. Their simplest cognizance at that point changed into to unfold the attention amongst the medical doctors and the patients.
In the yr 2011, after putting their base nicely & getting respectable commercial enterprise from the primary two cities they with a group power of simply 9 human beings then expanded their attain to Hyderabad, Delhi & Pune as nicely. They knew that the world turned into now transferring to mobiles and it became very critical for them to be on it too, so through the stop of the yr Practo released their first ever Practo Ray Android App.
The 12 months 2012 turned into the golden year for them; they controlled to reap plenty all 12 months spherical. They began the yr with the launch in their Unique IVR Service- Practo Hello which helped the docs to be connected to patients followed by means of a fund raiser of USD 4 Million in July, form Sequoia Capital. The entire goal of elevating those finances become to improve their product and make sure their purchasers (doctors & patients) are glad via each bit. And in order that they did!
To growth their variety and to make it more person-friendly they launched their website known as Practo.Com with almost similar functions, observed by a ‘Unique Appointment Booking System’ that allowed sufferers to book immediately confirmed appointments with doctors. And ultimately they ended the yr by way of launching a Practo Ray App for iPhone customers.
At the same time their increase was equally commendable, by means of now that they had reached to come to be a a hundred and twenty-employee company which catered to about 8000 doctors, the cloud-based totally provider managed approximately 10,000 appointments an afternoon and the equal cloud-based totally provider controlled the information of nearly 3 million sufferers. – said on livemint
If 2012 changed into a golden yr for them then 2013 changed into diamond! It became time for them to move global and with this concept in mind they launched their first ever workplace in Singapore. But they didn’t forestall with this bounce, as a count number of reality in march; Practo supplied themselves to the European market on the IDS Conference in Cologne, Germany as an initiative to soon mark their presence there too!
And if that wasn’t sufficient then let’s see a glimpse of the prevailing yr, 2014! Practo is in preparations of elevating over USD 20 million (around Rs.One hundred twenty crores) in its 2nd round of investment from its previous investor Sequoia Capital and one more investor (no longer showed but) with intentions to amplify into new markets, launch new services and to double its staff.
If we examine their current information; Practo currently lists nearly ninety five,000 medical doctors on its platform who are spread throughout one hundred towns with close to five lakh specific traffic a month, with almost 1,500 specific appointments an afternoon. They additionally have expectancies to touch 20 lakh traffic a month, with about five,000 appointments made in a day and INR 20 crore in sales by means of the give up of the year.
Looking at these wonderful statistics and destiny plans, we see a organization here to stay long.