IPO-bound digital healthcare platform Practo has expanded its global footprint with the launch of its care navigation platform in the US, following an early rollout in the UAE earlier this year. The company said the US market has quickly emerged as a key growth driver, helping Practo achieve an annualised gross merchandise value (GMV) run rate of $75 million.
According to the company, Practo has onboarded more than 200,000 doctors across multiple specialties in the US and now serves over one million users on the platform. Since launch, traffic from the region has increased nearly six-fold, with monthly active users crossing the 300,000 mark.
Early traction has been particularly strong in dental and mental health services. Practo said over 500 doctors across more than 150 clinics, hospitals and independent practices in the US are currently monetised through paid subscription plans, indicating growing acceptance among healthcare providers.
The US expansion comes at a time when Practo has strengthened its financial performance. As reported earlier, the company turned operating EBITDA positive for the first time in FY25, posting an operating profit of Rs 15 crore, compared to a loss of Rs 17 crore in the previous fiscal year. Revenue from operations rose to Rs 234 crore, while overall GMV remained steady at around Rs 3,500 crore. The company also reported positive cash flows during the year.
Commenting on the development, co-founder and CEO Shashank ND said the US rollout demonstrates Practo’s ability to address challenges around trust, depth of information and care navigation, even within complex healthcare systems. He added that the platform is focused on building outcomes-led healthcare infrastructure powered by data, enabling more informed and accountable care decisions.
Following the US launch, Practo is expanding its on ground teams and is evaluating strategic acquisitions to strengthen provider networks and expand specialty coverage. With India, the UAE and the US now in focus, the company aims to scale international revenues while maintaining profitability, further reinforcing its IPO narrative.
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