Practo Strengthens AI Healthcare Focus with Two Key Board Appointments

Written by Sirish Dixit

Practo strengthens its board with the appointment of TVG Krishnamurthy and Alexander Kuruvilla, as it sharpens its focus on AI-driven healthcare solutions. This strategic move aims to enhance health outcomes and expand its footprint in the growing digital healthcare landscape.

Practo Strengthens AI Healthcare Focus with Two Key Board Appointments
Practo adds two to its board, boosting AI healthcare innovation and enhancing patient care.

Practo, a leading health-tech platform, has strengthened its leadership by appointing TVG Krishnamurthy and Alexander Kuruvilla to its board of directors. This move aligns with Practo's strategic focus on AI-driven healthcare solutions to enhance patient outcomes and broaden its market reach.

Krishnamurthy brings extensive experience from multinational corporations and domestic enterprises, making him a valuable addition. Kuruvilla, previously Practo’s Chief Healthcare Strategy Officer, has played a significant role in shaping the healthcare landscape in India, with contributions to institutions like Narayana Hrudayalaya and Apollo Hospitals Ahmedabad.

"Practo has consistently been a healthcare innovator. I’m excited to join its board and work on improving value creation and corporate governance," said Krishnamurthy. Kuruvilla echoed this sentiment, stating, "Practo's vision has always been forward-thinking, and I’m thrilled to help the company seize the vast market opportunities ahead."

Founded by Abhinav Lal and Shashank ND in 2008, Practo has grown to serve over 40 crore patients across 22 countries, linking them with more than 2.2 lakh healthcare providers. Beyond appointment bookings, the company has ventured into telemedicine, practice management software, and AI-powered tools for doctors.

In FY24, Practo reported a 22% revenue growth, achieving ₹242 Cr, while also announcing adjusted EBITDA profitability. The platform continues to generate significant value for its ecosystem, with a total impact of ₹3,000 Cr annually.

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