Healthtech startup Practo, which is preparing for a public listing, has appointed Srijesh Kumar as its global chief product and technology officer (CPTO). Kumar will lead the product and technology teams at Practo, helping the platform grow as it scales globally. He will work on bringing product and technology together, improving the platform and using healthcare data to build better and more consistent solutions.

Kumar brings over two decades of experience in building enterprise-scale platforms. He served as a vice president at Salesforce most recently, where he led product engineering for industries cloud. Prior to that, he held leadership roles at Expedia Group and Punchh.

Earlier, he also worked at Adobe and Microsoft. The development comes as Practo seeks to raise $100 Mn to $125 Mn in a pre-IPO funding round, expected to be a mix of equity and debt, as reported exclusively by Inc42 earlier. The round is likely to be led by a global private equity firm, with participation from existing investors, at a reported valuation of around $700 Mn.

The startup plans to use the fresh capital to fund expansion and acquisitions. While it was earlier targeting a listing this year, Practo is now expected to go public in 2027. The Bengaluru-based healthtech startup is accelerating integration of AI across its platform to improve care delivery, patient experience, and provider tools.

It continues to scale in India while expanding its footprints in international markets such as the US and the UAE. Last month, Practo also appointed Cijo George as vice president of AI to lead its AI strategy across the platform. Founded in 2008 by Shashank ND and Abhinav Lal, Practo helps users find doctors, book consultations, order medicines, and schedule diagnostic tests, while also offering SaaS tools for clinics and hospitals, including appointment management and digital health records.

The platform claims to connect users with over 7 Lakh doctors and healthcare providers, and also powers hospitals and clinics through Insta, its hospital management system used by more than 500 clients across 1,200+ facilities globally. It has raised nearly $230 Mn to date from investors like Tencent, Peak XV Partners, Z47 Partners, and Sofina. Earlier, sources told Inc42 that Practo’s revenue grew about 35% YoY in FY26, which would translate to about ₹315 Cr.

The startup reported an operating EBITDA of ₹15 Cr on revenue of ₹234 Cr in FY25, compared to an EBITDA loss of ₹17 Cr in FY24. The startup said it audited over 1,000 healthcare establishments and processed more than 4 Cr clinical data points in FY25, while expanding its network to over 1.5 Lakh hospitals. Last month, Practo cofounder Shashank’s new preventive healthcare venture ‘Cent’ came out of stealth mode and raised about $5 Mn.