Practo Explores Banks for Potential 2026 IPO

It is expected to appoint bankers as early as next month, though deliberations are ongoing.

Practo Technologies, a Bengaluru-based digital health company, has begun exploring a potential initial public offering, positioning the digital health firm to tap into India’s IPO market as early as the second half of 2026.

Practo has held preliminary discussions with potential advisers to assess a listing.

It is expected to appoint bankers as early as next month, though deliberations are ongoing and details could still change.

Rising participation from retail investors, coupled with steady inflows into mutual funds, has supported robust demand for new listings and strong post-listing performance.

This environment has encouraged several technology and consumer-facing companies to advance their IPO timelines to fund growth and consolidate market positions.

Founded in 2008, Practo operates a digital health platform that enables patients to search for doctors, book appointments, and access healthcare services online.

Over the years, the company has expanded beyond appointment scheduling into areas such as practice management software for doctors, diagnostics, and digital health records, positioning itself as an end-to-end health-tech player.

Practo’s holding company, currently based in Singapore, is planning to relocate its legal domicile back to India to support the proposed IPO.

The transition process is expected to be completed by February, aligning the company’s structure with domestic listing requirements and regulatory expectations.

A potential public listing could provide fresh capital to deepen its technology capabilities, expand services, and compete in an increasingly crowded digital health landscape, while offering public market investors exposure to one of India’s more established health-tech platforms.

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