Who is the competitor for Practo?

Practo’s competitors Practo’s top competitors include ZocDoc, Curve Health, Celula and Bone Therapeutics. Practo develops a healthcare platform. ZocDoc operates an online platform for finding and booking medical appointments in neighborhood.

What is Practo’s business model?

Its revenue model centers around the medical providers (clinics) and Practo makes most its money through the SaaS subscription software. For patients, the listings are free, and the company doesn’t charge any commissions.

Which are the companies similar to Practo in India?

Here are ten Indian healthcare startups you should know about:

• Practo. Sequoia Capital-funded Practo provides healthcare solutions for healthcare providers and consumers.
• NetMeds.
• Portea.
• MedGenome.
• Goqii.
• Lybrate.
• Attune.
• WelcomeCure.

Which is best Lybrate or Practo?

The street-by-street mapping of Practo is so accurate that you would actually be able to recognise the clinics listed on it in your neighborhood. Lybrate also offer online consultations both free and paid. Lybrate is faster in answering queries as I got mine answered within half an hour on the app.

Who are the indirect competitors of PharmEasy?

PharmEasy’s competitors

• PharmEasy.
• Ranger Health.
• Hello Heart.
• Myra Medicines.
• MAYD.

How is Mfine different from Practo?

Practo offers various membership plans for healthcare in which a consumer must pay a certain amount initially to receive unlimited online consultations, free in-clinic consultation, health check-ups, and medicine discount for a certain period of time. The mfine app provides the first doctor consultation for free.

How much is Practo worth?

Practo has raised nearly $124 million in funding across 3 rounds. It’s valued at $500 million, and is India’ s best funded healthcare startup.

Who are the customers of Practo?

Clinics and hospitals: Different hospitals and clinics are also customers of Practo. Practo offers products like Practo Ray, Practo search for smooth and better management of their daily operations and business.

Is Practo useful?

Practo has got a decent UI with many functions to fiddle with. Once you login, you will have 22 cities in India to search for doctors and clinics. The app says it lists around ‘120,000+ verified doctors and clinical profiles’ which is not that hard to believe once you start searching​ ​.

Is 1mg better than PharmEasy?

In transaction volume market share, 1mg witnessed significant downfall to 18\% from 23\% in the period whereas Pharmeasy maintained the lead with 29\%. In terms of average order value (AOV), Medplus led the e-pharmacy table with Rs 990 from Rs 589 in January. 1mg AOV saw Rs 120 gain to Rs 792 in June.

What are the drawbacks of Practo?

A person diagnosed diabetes and records maintained by doctor were now being misused by Practo to advertize online medicines. When Practo was confronted by doctors for misuse of data it blatantly said it had every right to use data the way it wants as people had installed the apps granting them permission.

What is competition in Practo?

The Practo competition is moreover on basis of diversity, the development within the sector and the barriers related to entrance in the market. The competitive rivalry is the analysis of the brands and the product, its strengths and weakness along with the strategies, competitors and the share in the market.

What are some companies similar to Practo?

There are several companies now competing with practo like lybrate, 1mg, doctorinsta,icliniq,madmorning etc. I will tell you more about Madmorning – Health Ecosystem . There are few verticals of this company which competes directly with Adding details of startup from Navi Mumbai named Madmorning – Health Ecosystem .

What is the revenue model of Practo?

Practo which initially started off to help doctors and patients and improve access to health care services, has changed in great dimensions over the years. So has its revenue model. It generates its revenue from the Doctors and Hospitals for listing them on their website and for appointments booked through practo.

What does Practo SWOT stand for?

The acronym Practo SWOT stands for strength, weakness, threats and opportunities. It is a useful tool that is widely used for strategic planning and management in many organizations. It is effectively used in building strategies for the organization to maintain its competitiveness in the market.