People

Practo appoints ex-Salesforce VP Srijesh Kumar as CPTO

By Startup Enthusiast · 14 April 2026

Date: 14 April 2026
Company: Practo
What it does: digital healthcare platform
Kind: People
Founded: 2008

What they do

Practo is a digital healthcare platform that connects users with doctors, books consultations, delivers medicines, and schedules diagnostic tests

What happened

The company appointed Srijesh Kumar as its Global Chief Product and Technology Officer to lead its product and technology teams as it scales globally and…

Why it matters

Practo is reportedly raising $100–$125 million in a pre-IPO funding round, which could value the company at around $700 million

The details

Practo, a digital healthcare platform, appointed Srijesh Kumar as its Global Chief Product and Technology Officer (CPTO) to lead its product and technology teams as it scales globally and prepares for an IPO.
Kumar brings over two decades of experience in building enterprise-scale platforms, most recently as a vice president at Salesforce.
The appointment comes as Practo seeks to raise $100–$125 million in a pre-IPO funding round, which could value the company at around $700 million.
The funding round is expected to include both equity and debt and will involve participation from existing investors.
Practo is targeting a public listing in 2027, after earlier reports suggested it was exploring an earlier market debut.
The company is accelerating the integration of AI across its platform to improve care delivery, patient experience, and provider tools.

The bigger picture

Practo is preparing for a public listing and needs strong leadership in product and technology to scale globally.
The appointment of Srijesh Kumar aligns with Practo’s focus on AI and its goal to build more intelligent, adaptive systems in healthcare.
The company is raising capital to fund expansion and acquisitions, which will support its international growth and AI initiatives.

About the business

Practo is a digital healthcare platform that connects users with over 700,000 healthcare providers and supports over 1,200 facilities globally through its hospital management system.
The company offers services such as doctor discovery, consultation booking, medicine delivery, and diagnostic test scheduling.
It also provides software tools for clinics and hospitals, including appointment management and digital health records.
Practo’s platform is used by more than 1.5 lakh hospitals and processes over 4 crore clinical data points annually.
The company has raised nearly $230 million from investors including Tencent, Peak XV Partners, Z47 Partners, and Sofina.

What happens next

Practo plans to use the fresh capital from its pre-IPO funding round to fund expansion and acquisitions.
The company is accelerating the integration of AI across its platform to improve care delivery, patient experience, and provider tools.
Practo is targeting a public listing in 2027.

The deal

Type: ipo

Investors

Tencent (existing investor) — Chinese multinational technology company and major investor in Indian startups.
Peak XV Partners (existing investor) — Venture capital firm focused on early-stage technology investments.
Z47 Partners (existing investor) — Venture capital firm with a focus on healthcare and technology.
Sofina (existing investor) — Private equity firm with a focus on healthcare and life sciences.

Founders

Shashank ND, Founder and CEO
Abhinav Lal, Co-founder
Siddhartha Nihalani, Co-founder

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