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Digital Health Tech Platform Practo achieves good growth for FY 2023-24

Postby ptrikha21 » 12 Jan 2025, 18:09

A 22% revenue growth to INR 240 Crore (approx. 2.8 Million USD)is what the now a very well known Digital Health tech platform : Practo reported for FY 2023-24.
It is in a sustainable expansion Mode.
The Platform connects patients to Doctors and other Healthcare providers through App - in Online as well as Offline way.
I too used its services during Covid for video call with doctors.


News Link :

https://timesofindia.indiatimes.com/business/india-business/practo-reports-22-rise-in-revenue-in-fy24-gmv-crosses-rs-3500-crore/articleshow/117119326.cms
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Re: Digital Health Tech Platform Practo achieves good growth for FY 2023-24

Postby Fergal » 15 Jan 2025, 06:19

The health technology sector has experienced a lot of growth and investment recently. I read just yesterday about how Nvidia has done deals with a number of healthcare companies, including the Mayo Clinic, so that they can use AI to improve their services.
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Re: Digital Health Tech Platform Practo achieves good growth for FY 2023-24

Postby augusta » 15 Jan 2025, 07:03

So in summary is it only doctors that can earn from this platform right ?
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Re: Digital Health Tech Platform Practo achieves good growth for FY 2023-24

Postby ptrikha21 » 18 Jan 2025, 17:06

Fergal wrote:The health technology sector has experienced a lot of growth and investment recently. I read .....Clinic, so that they can use AI to improve their services.


The Alliance of Big tech, usage of Analytics and AI in Healthcare services is a promising field and seeing a lot of alliances and investment.
Many Healthcare companies and Pharma companies' stocks promise good growth in the coming years - at least the next 2 to 3.

--- 18 Jan 2025, 22:43 ---

augusta wrote:So in summary is it only doctors that can earn from this platform right ?


Doctors and Lab Test Providers are the main beneficiaries and the Platform earns from probable fees that the platform charges from Doctors and Lab Test Providers.
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