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Practo Appoints Former InMobi Executive Manish Dugar As Global CFO

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Practo, the now multi-national online healthcare platform, has today announced that it has hired Manish Dugar, who was earlier the Chief Finance Officer at InMobi, as its Global CFO.

At Practo, Manish Dugar will be responsible for the leadership of Practo’s financial, legal and regulatory operations. He took charge of his new role on 15th April.

Commenting about his new role, Manish Dugar said,

Practo has achieved immense growth in the last few years. The products have tremendous scale with millions of users and hundreds of thousands of healthcare providers on the platform. The solution and approach to solving the healthcare problem is unique globally. I am really thrilled to join the team to take this growth to the next level.

Shashank ND, Founder & CEO, Practo, said,

I am really pleased to have Manish join us. His deep domain experience and proven financial leadership in profitable, publicly traded firms as well as high growth technology companies will be critical as Practo continues to rapidly move towards realising profitability by next year. He will also be instrumental in preparing the organisation to rapidly scale our various businesses across the diverse geographies that Practo is in.

Manish holds an MBA degree from the Indian Institute of Management, Calcutta. He is also a member of the Institute of Chartered Accountants of India, ICWAI and the Institute of Company Secretaries of India (ICSI).

Previously, Manish was at mobile advertising network – InMobi, where he was the Chief Finance Officer since June 2013.

Prior to InMobi, he was the Group CFO at RPG Enterprises and has also held a variety of senior roles over a ten-year period with Wipro Technologies, where he was most recently CFO for the company’s IT Business and the CEO for its BPO business globally.

Practo, founded in 2008, provides a singular platform that helps consumers with all their healthcare needs — from finding healthcare provider to booking an appointment, online doctor consultation, getting their tests done and even ordering medicines.

Till now, the company has raised around $124 million in three funding rounds from seven investors. It acquired four startups last year, which includes Fitho, Genii Technologies, Qikwell Technologies and Instahealth.

It is also one of the few Indian startups to expand globally and is present in 15 countries and over 50 cities across the globe, including major Southeast Asian countries like Singapore and Philippines.

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