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Practo
is all set to go public next year. Buoyed by EBITDA profitability in FY25 and garnering healthy traction from its US pilot, the healthtech startup is now wrapping up an important item on its pre-IPO checklist – a fundraise north of $100 Mn. So, what is the inside scoop?
A Soonicorn? Practo is in advanced talks to raise between $100 Mn to $125 Mn, in a mix of debt and equity, in a round led by a global PE firm. Existing backers are also looking to top up their…
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Practo is all set to go public next year. Buoyed by EBITDA profitability in FY25 and garnering healthy traction from its US pilot, the healthtech startup is now wrapping up an important item on its pre-IPO checklist – a fundraise north of $100 Mn. So, what is the inside scoop?
A Soonicorn? Practo is in advanced talks to raise between $100 Mn to $125 Mn, in a mix of debt and equity, in a round led by a global PE firm. Existing backers are also looking to top up their…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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