Practo administers $55m series D

Jan 18, 2017 • Thierry Heles

Tencent, which led a $90m series C round in 2015, has returned to lead a $55m series D round that also attracted Alphabet and new investor Recruit.

India-based healthcare appointment booking platform Practo raised $55m in series D capital on Tuesday from a consortium led by internet company Tencent.

Capital G, the growth equity arm of conglomerate Alphabet, and RSI Fund, an investment vehicle of human resources firm Recruit Holdings, also participated, as did investment firms Ru-Net, Altimeter and Sofina, and venture capital firms Sequoia Capital, Matrix Partners and Thrive Capital.

Established in 2008, Practo has developed an online software for doctors and healthcare providers such as…

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