Practo acquires Genii, plan to move into enterprise segment

By | July 9, 2015
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Find-Top-Doctors-in-Bangalore-Book-Appointments-PractoPracto acquired Genii – product design and outsourcing firm for an undisclosed amount. Practo is owned and operated by Practo Technologies P Ltd is a web-based clinic management company. Genii is owned and operated by Genii Technologies P Ltd is known for its capabilities in building e-commerce portals and SaaS services.

Mumbai based Genii was founded in 2011 by Varun Vohra and Aditya Anand. The entire team of Genii will join the product development of Practo in Bengaluru. Varun Vohra is the co-founder of Genii has graduated in Bachelor of Science in Mathematics from St Xavier;s College in 2006. He did his Bachelors of Engineering (Hons), Mechanical from Birla Institute of Technology and Science, Pilani – Dubai in 2010.

He started his career as interns in companies ANB consulting company, Fairmont Hotels and Resorts and Dulsco. Varun is known for his entrepreneurial skills co-founded Fizzcount in August 2012 and Festival Sherpa in September 2012.

Practo-Ray-Mobile-AppAditya Anand is co-founder of Genii has graduated from Birla Vidya Niketan in Bachelor of Engineering in Mechanical Engineering from Birla Institute of Technology and Science, Pilani – Dubai in 2010. Like Varun, he started his career as intern worked in companies like Nishash Shipping Agency and Asteco Property Management. He worked as a freelance consultant for 3.3 years in UAE. In March 2011, he topped Accenture Greenfield Trainee programme and joined Accenture as an associate software engineer. In 2012, he along with Varun co-founded Festival Sherpa and Fizzcount.

This is a second acquisition for Practo. Recently they had acquired FithoWellness, an app based wellness management platform for an undisclosed amount. The company has been funded by Sequoia and Matrix Partners.

Author: Venu V

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