Practo procures Genii Targets Enterprise Business Segment

Practo announces the procurement of Genii – a product outsourcing firm with deep domain experience building bespoke e-commerce portals, SaaS platforms. The founders of Genii including 11-member team will join Practo and move to Bangalore.

Genii founders will lead product teams and accelerate Practo’s march towards the enterprise space with products focused around hospitals, diagnostic centers and others.

Practo already lists over 8,000 hospitals on its platform and will expand this to over 20,000 by end of this year.

Commenting on the procurement Shashank ND, Founder & CEO, Practo says This is the second of several acquisitions we are exploring. It is the next step in our mission to make Practo your health app. We believe acquisitions are a fantastic way to add world class like-minded talent to our team. It gives us a fast way to scale and the ability to further accelerate our roadmap. We continue to look at acquiring great talent and technology. I’m very excited to have the Genii team join us and look forward to building exciting products with them

Varun Vohra, Founder, Genii said “We’re thrilled to join the Practo team. They are passionate, talented and extremely motivated to fulfill the vision of the company. We finally selected to join Practo over some of the others because of the high impact vision, commitment to great products and their collaborative approach. We look forward to joining the team and accelerating Practo’s entry into enterprise with products for diagnostics, hospitals and other segments globally”