Practo Targets $1 Billion GMV as US Expansion Accelerates

Practo, a digital healthcare platform, plans to hit $1 billion in yearly gross merchandise value (GMV) by June 2026. Sources say this target is based on the firm's strong domestic business and quick expansion in the United States.

The company expects its US business to bring in $250 million to $300 million of the total GMV. This would be a big step for Practo's global growth. This growth is much faster than the $400 million GMV from last year, showing that more people want digital healthcare services.

Practo's progress comes from its marketplace offerings, like doctor visits, tests, and finding hospitals, along with better operations. The business is also growing its healthcare solutions for companies and insurers, which helps bring in different income and keeps customers using the platform.

Growing internationally, especially in the US, is a key part of Practo's plans. The business is making stronger partnerships with healthcare providers and companies, using tech to make healthcare more accessible, open, and affordable.

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Practo thinks that its strong performance at home, plus its growth abroad, will build a solid base for earnings in the long run. These actions should also aid Practo's plans for an IPO, which is being considered for late next year, depending on how the market is doing.

With more people using digital healthcare around the world, Practo's $1 billion GMV goal shows its desire to be a top global healthcare tech platform, while growing its presence in important international markets.