Insta by Practo

Bengaluru, India Founded: 2008 • Age: 18 yrs Acquired By Practo
Clinic and hospital management software is provided by Insta HMS.
Annual revenue $18.4M Latest available
Total funding $1.0M 3 rounds
Employees 276 Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Insta by Practo

Insta by Practo is a company based in Bengaluru (India) founded in 2008 was acquired by Practo in September 2015. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Insta by Practo has raised $1 million across 3 funding rounds from investors including Practo, Mumbai Angels and Athera Venture Partners. The company has 276 employees as of July 31, 2024. Insta by Practo offers products and services including Insta HMS, Revenue Cycle Management, and Clinical Solutions. Insta by Practo operates in a competitive market with competitors including athenahealth, Notable, Symplr, Lemon Healthcare and Helium Health, among others.

  • Headquarter Bengaluru, India
  • Employees 276 as on 31 Jul, 2024
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
  • Legal Name Practo Technologies Pvt. Ltd
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $18.36 M (USD)
    10
    as on Mar 31, 2024
  • Net Profit
    $1.17 M (USD)
    115
    as on Mar 31, 2024
  • EBITDA
    $2.46 M (USD)
    139
    as on Mar 31, 2024
  • Total Equity Funding
    $1 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
    Practo

    & 3 more

  • Employee Count
    276

    as on Jul 31, 2024

  • Acquired by
    Practo

    (Sep 14, 2015)

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Products & Services of Insta by Practo

Insta by Practo offers a comprehensive portfolio of products and services, including Insta HMS, Revenue Cycle Management, and Clinical Solutions.

Product name locked
Category locked
Primary

Clinic operations are streamlined with automated workflows and EMRs.

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Financial processes are managed for clinics and hospitals efficiently.

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Clinical workflows are supported with digital tools for providers.

Funding Insights of Insta by Practo

Insta by Practo has successfully raised a total of $1M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Insta by Practo

Insta by Practo has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Practo, Mumbai Angels and Athera Venture Partners.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage venture investments are facilitated by Mumbai Angels network.
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Early-stage venture capital investments are provided by Athera.
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Offers ERP, CRM, and HCM solutions to optimize business processes in various sectors globally.
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Investor details for Insta by Practo

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Investments & Acquisitions by Insta by Practo

Investments
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Investment portfolio details for Insta by Practo

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Financial Statements - Insta by Practo

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Detailed financials for Insta by Practo

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Insta By Practo Comparisons

Insta by Practo Primary company
Description
Clinic and hospital management software is provided by Insta...
Location
Bengaluru, India
Founded Year
2008
Annual Revenue
$18.36 M (USD)
Net Profit
$1.17 M (USD)
EBITDA
$2.46 M (USD)
Employees
276
As of 2024
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Peer comparison for Insta by Practo

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Competitors of Insta by Practo

Insta by Practo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as athenahealth, Notable, Symplr, Lemon Healthcare and Helium Health, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based administrative tools for healthcare providers are offered.
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Wearable device provided for capturing patient-doctor interactions.
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Cloud-based administrative solutions for healthcare credentialing and compliance are offered.
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Hospital management software is provided for patient care processes.
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Electronic medical records software is provided for healthcare providers.
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Healthcare analytics are delivered to enhance provider performance.
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Detailed competitors of Insta by Practo

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Latest news on Insta By Practo

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Frequently Asked Questions about Insta by Practo

Insta by Practo was founded in 2008 and raised its 1st funding round 1 year after it was founded.

Insta by Practo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Shashank ND is the current CEO of Insta by Practo.

Insta by Practo is a funded company, having raised a total of $1M across 3 funding rounds to date.

As of Jul 31, 2024, the latest employee count at Insta by Practo is 276.

Annual revenue of Insta by Practo is $18.36M as on Mar 31, 2024.

Healthcare operations are streamlined through Insta by Practo, a cloud-based hospital management system. Solutions are offered for revenue cycle management, clinical workflows, patient administration, and regulatory compliance. Integration with systems like NABIDH, Malaffi, and NPHIES is supported for insurance and health information exchange. The software is utilized by clinics and hospitals across multiple countries to enhance patient engagement, boost productivity, and simplify workflows. Digital transformation in healthcare is facilitated through automated processes and secure data handling.

Insta by Practo's top competitors include athenahealth, Notable and Symplr.

Insta by Practo offers Insta HMS, Revenue Cycle Management, and Clinical Solutions.

Insta by Practo has 4 investors. Key investors include Practo, Mumbai Angels, Athera Venture Partners, and Focus Softnet.

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