InMobi’s former CFO Manish Dugar has joined Practo Technologies, the Bengaluru based healthcare services provider. Practo was in news recently for hiring former Hike executive Anshumani Ruddra and former Matrix Partners executive Tarun Bhambra.
In the last six months InMobi has lost some of its key employees in its struggle to compete with Google and Facebook; in the same note, exit of Dugar has just confirmed the troubled situation of the company.
Surprisingly, Inmobi has confirmed the exit of Dugar but Practo refused to comment anything. Dugar himself has confirmed his association with Practo.
Before the move Dugar, an MBA from IIM Calcutta, had worked with companies like RPG Enterprises (group CFO), Wipro Technologies (Chief Exec.Business), Reckitt Benckiser, Coca Cola India, Marico and Larsen & Toubro.
InMobi – The Company
InMobi enables consumers to discover amazing products through mobile advertising. Through Miip, a revolutionary discovery platform, developers, merchants & brands can engage mobile consumers globally. InMobi enables over 100 billion discovery sessions on mobile across a billion users every month, becoming the largest discovery platform in the world.
Founded by Naveen Tiwari in 2007, the company is backed by Soft Bank and Kleiner Perkins Caufield & Byers. Today it has 17 offices all over the world.
In 2013, MIT Technology Review declared it to be one of 50 most disruptive companies.
Practo – The healthcare platform
Founded in 20018 by Abhinav Lal and Shashank ND, the Bengaluru based Practo.com has over 1,00,000 doctors listed from over 310 Indian towns and cities, with comprehensive coverage from the metros of Bangalore, Mumbai, Delhi, Hyderabad, Chennai, Pune and Singapore.
It has over 1.3 million pageviews and 30,000 appointments booked every month, with traffic growing at 24 per cent per month. The company has seven offices in Mumbai, Delhi, Bengaluru, Chennai, Hyderabad, Pune and Singapore. In terms of revenue, Practo has been growing at 50-100 per cent q-o-q.
The portal helps users find the best doctors and culminates into a single intelligent healthcare account for the entire family that securely stores all their healthcare data so they can make better healthcare decisions.