Practo eyes $1 billion GMV as US push adds $250-300 mn ahead of IPO

Digital healthcare platform Practo is targeting a $1 billion annualised GMV run-rate by June 2026, with US operations expected to add $250-300 million as it gears up for an IPO by end-2026

Digital healthcare platform Practo is targeting an annualised gross merchandise value (GMV) of $1 billion by June 2026, with its expanding US operations expected to contribute between $250 million and $300 million, according to people familiar with the company’s plans.

 

The milestone marks a sharp acceleration from the roughly $400 million GMV the company generated in the previous financial year, driven by strong momentum across its marketplace-led healthcare services and a scaled-up international push. The company expects these initiatives to support a potential initial public offering (IPO) by the end of next year.

 

“By June 2026, Practo’s overall GMV is