The company is eyeing the IITs, IIMs and NITs for its recruitment drive.
With the promise of a strong economy, it is only natural that India has begun to attract global attention. In 2013, the estimated healthcare expenditure in India was $96.3 billion. It is expected that the coming three years will see a threefold growth in the industry. While India’s urban population has access to the services of medical professionals, rural India is still receiving services from unqualified practitioners.
It is in the context of this problem that Practo, which has achieved reasonable success in the healthcare IT space, has created a vision to provide everyone in the country with a health account. After raising $30M from Sequoia Capital and Matrix partners, this Indian company was in the news again for acquiring the digital fitness solution startup, Fitho.
The 1000-member strong team has been responsible for the expansion of the company into tier 2 cities. With the injection of fresh funds, the company is all set to realise its dreams of making healthcare accessible to the remotest corner of the country. Their expansion plans are ambitious as they prepare to double their workforce by the end of the year.
Ninty per cent of their team is made up of employees in India, which is going to remain constant. With a 200-member strong leadership team, Practo functions on the mantra of ‘getting things done’. The company will visit premier institutes like the IITs, IIMs and NITs to start its recruitment drive. However, MBA colleges from tier 2 cities will not be ignored because the company wants to give an even chance to those who could not attend such premier colleges.