Practo Prime · Launch-to-Date Review

Prime AI — Launch to Date Review

Since launching in September 2025, Prime AI — a premium, walk-in-only Prime plan — has grown ~11× to 1,530 live relations. It now contributes 12.8% of Prime net revenue, nearly double its ~7% share of the Prime base.

Window Sep 2025 – Jul 2026 MTD, with FY27 plan to Mar 2027 As of 21 Jul 2026
1,530
Live Prime AI relations
▲ ~11× since launch (Sep 2025)
~7%
of all Prime relations
up from 1.3% in Oct 2025
11.4%
of monetisable transactions
up from 1.0% in Oct 2025
12.8%
of Prime net revenue
up from 1.3% in Oct 2025
7% 13%
Prime AI is roughly 7% of the Prime base by headcount, yet drives 12.8% of Prime net revenue. The program over-indexes on monetisation — its relations transact and convert at a materially higher rate than the average Prime relation.

01 · The product

A premium, walk-in-only Prime plan

Prime AI is a next-generation Prime plan that layers intelligent automation on top of Practo's listing and booking engine. It carries a higher price than regular Prime — justified by the AI capabilities it adds — and shifts the billing model entirely to walk-ins.

₹349plan
₹399plan
₹499plan
₹699plan
Prime AI plans span ₹299 to ₹699 and bill only on an actual walk-in. That contrasts with regular Supreme, which charges for both the booking (₹375) and the call (₹300) — so a clinic pays for Prime AI only when a patient genuinely shows up, with the premium buying always-on AI support.

Pricing is fixed by specialty. A clinic doesn't pick a tier — it's eligible for exactly one Prime AI plan, set by its specialty. A dentist can only take the ₹699 plan; a general physician, the ₹299 plan. This is why the plan mix (§05) tracks the specialty mix so closely.

₹699
Cardiology · Dentistry · Psychiatry
₹499
Dermatology · Gastroenterology · General Surgery · Gynaecology · Orthopaedics · Urology · Others
₹399
ENT · Paediatrics · Ophthalmology
₹349
General Physician (select)
₹299
General Physician
1

24×7 AI Receptionist

Picks up every call — after hours, during lunch, or when the front desk is already on the line. No missed calls, no missed patients.

2

Free no-show follow-up

An AI agent automatically chases missed appointments and nudges patients to rebook — recovering revenue with zero staff effort.

3

Clinic Excellence Score

A verified badge and rank boost that lift discoverability and reinforce credibility with prospective patients.

4

Pay only for walk-ins

Billing triggers on a real visit after an online booking — never on calls or leads that don't convert. Cleaner ROI for the clinic.

02 · PFC benchmarking

How Prime AI's per-booking economics compare to Supreme

Prime AI charges meaningfully more per booking than Supreme — its net PFC has run 24–41% above Supreme's every month. It earns that premium by losing more to discounts & refunds: Prime AI's refund rate on monetised bookings has run 38–50% of gross PFC, versus a narrower 37–42% for Supreme. The extra discounting cuts into the premium, but Prime AI still nets more per booking every month.

38–50%Prime AI's refund rate (incl. discount) on monetised bookings — the share of gross PFC actually lost per transaction
37–42%Supreme's refund rate on monetised bookings — consistently narrower than Prime AI's
₹270 vs ₹217Jun 2026 net PFC per monetised booking, Prime AI vs Supreme

Gross PFC — monetised bookings

₹ per monetised booking, before discounts & refunds

SegmentOct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26

Refund % (incl. discount) — monetised bookings

Refund & discount as a share of gross PFC — how much is actually lost per monetised booking

SegmentOct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26

Net PFC — monetised bookings

₹ per monetised booking, after discounts & refunds

SegmentOct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26

Monetised = a booking that was actually billed. Monetisable = a booking that could be billed — a broader base (§07). Prime AI row highlighted.

Gross PFC — monetisable bookings

₹ per monetisable booking, before discounts & refunds

SegmentOct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26

Refund % (incl. discount) — monetisable bookings

Refund & discount as a share of gross PFC — how much is actually lost per monetisable booking

SegmentOct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26

Net PFC — monetisable bookings

₹ per monetisable booking, after discounts & refunds

SegmentOct 25Nov 25Dec 25Jan 26Feb 26Mar 26Apr 26May 26Jun 26Jul 26

"Overall" is the blended average across Supreme, Prime AI and Others. Refund % = |refund ₹| ÷ gross PFC. Figures are from the MoM Prime performance report; small rounding differences between gross, refund and net cells are expected as each is independently averaged.

03 · Adoption

From a standing start to 1,530 live relations

Live relations climbed every month since launch. Growth was fastest in the first quarter — bulk go-lives and multi-doctor expansions added ~190 net relations a month through late 2025 — before settling into steady gains and a sharp Jun 2026 re-acceleration (+211). This happened even as the overall Prime base contracted ~7.6%, so Prime AI gained share against the tide.

Live Prime AI relations, month by month

End-of-month live relations (prime_campaigns_daily) · hover any bar for net adds and go-lives

Hover the bars for exact monthly figures

~11×growth since launch — 139 relations in Sep 2025 to 1,530 by Jul 2026
94–99%monthly retention through the steady-state months (Feb–May 2026)
−7.6%change in the overall Prime base over the window — Prime AI grew against it

04 · How the base is built

The crossover: from fresh acquisition to migration-led growth

1,319 campaigns went live on Prime AI over the program's run to date. Early on (Sep–Oct 2025) more than 80% were fresh entrants to Prime. From November onward the picture flipped — migrations from existing Prime plans became the majority, settling at 60–65% of monthly additions. Prime AI is now largely upgrading the existing Prime base, not just acquiring new subscribers.

Monthly go-lives — fresh vs. migration

New campaigns each month, split by whether the doctor was new to Prime (fresh) or upgrading from an existing plan (migration)

Fresh Migration

Hover the bars for exact monthly figures

Month Total go-lives Fresh Migration Migration %

In several months (Sep–Dec 2025, Jun 2026) net additions ran ahead of new go-lives — the signature of multi-doctor expansions, where an existing campaign adds a second or third doctor.

05 · Plan mix

A mid-premium core, broadening at the edges

The ₹499 plan has anchored the base throughout, holding 47–57% of live relations as the core mid-premium tier. The top ₹699 tier has eased from a 33% share at launch to 21% as more affordable options grew. The entry ₹349 plan, introduced in December 2025, has ramped quickly to ~7% of the base.

Because Prime AI pricing is fixed by specialty (§01), the plan mix largely reflects the specialty mix. Splits are by price plan; Prime AI and Prime AI Lite are counted together throughout.

57%₹499 — the dominant plan as of Jul 2026
7%₹349 — from 3 relations in Dec to ~102 by Jul
21%₹699 — top tier, down from 33% at launch

Plan split — by live relations

Share of the end-of-month live base, by plan

Month ₹299 ₹349 ₹399 ₹499 ₹699 Total live

Shares are of the end-of-month live base. The ₹349 plan launched in December 2025. Columns may not sum to exactly 100% due to rounding.

Two different plan splits — don't mix them up

The table above splits the live base by relations — how many doctors hold each plan. The table below splits monetised transactions by plan — how much billed activity each plan generates. They diverge because plans transact at different rates: ₹699 is ~21–30% of relations but only ~11–16% of monetised transactions, while ₹499 is under-represented in relations (48–59%) relative to its transaction share (55–71%). In short, ₹499-plan doctors transact more per relation than ₹699-plan doctors.

Plan split — by monetised transactions

Share of monetised Prime AI bookings that month, by plan — this is the mix used to weight blended PFC (§02)

Month ₹299 ₹349 ₹399 ₹499 ₹699

Shares are of that month's monetised transactions, Oct 2025 – Jun 2026. Columns may not sum to exactly 100% due to rounding.

06 · Specialties

The January reset: from a dentist-heavy pilot to a diversified base

Through December 2025 the live base was essentially a dentist pilot — dentists were 67% of relations. A one-time bulk migration in January 2026 restructured the programme into a broad, multi-specialty base: dentist share fell to ~22%, Gynaecology emerged as a clear #2, and the top five specialties now hold ~58% of relations, versus near-total concentration in the pilot. The mix has been remarkably stable since — no specialty has moved more than ~2pp.

67% → 22%dentist share, from the Dec 2025 pilot to the stabilised base
Jan 2026one-time structural shift, driven by a bulk migration event
~58%held by the top 5 specialties now, vs ~100% concentration in the pilot

Specialty mix — the January shift

Share of the live base for the leading specialties, Dec 2025 → Mar 2026 · hover for detail

Dentist Gynaecology General Physician Dermatology Physiotherapy

Hover the chart for exact monthly figures

SpecialtyDec '25Jan '26Feb '26Mar '26Trend

Specialty mix uses practo_one_programs_snapshot end-of-month snapshots (available Nov 2025 onward); Nov 2025 is excluded as a 21-doctor pilot. Apr–Jul 2026 follow the same stable pattern as Mar 2026. Snapshot shares are approximate and may not sum to 100% due to rounding and the combined "Others" grouping.

07 · The payoff

Monetisation is outrunning headcount

This is the crux of the Prime AI story. Its share of monetisable transactions and monetised transactions has climbed to ~11%, and its share of net revenue has reached 12.8% — well ahead of its ~7% share of relations. Put simply, a Prime AI relation is worth more than the average Prime relation.

Prime AI share of transactions & revenue

Prime AI as a % of the Prime total, by month · hover for the full breakdown

Monetisable txns Monetised txns Net revenue Relations (share of base)

Hover the chart for exact monthly figures

Month Monetisable txns (AI) % monetisable Monetised txns (AI) % monetised Net revenue (₹L) % net revenue

July 2026 is month-to-date (through the 21st), so absolute transaction and revenue counts are partial; the share figures remain representative. Net revenue is after discounts and refunds, in ₹ lakh; §08 breaks down the underlying unit economics.

08 · Unit economics

What a booking is worth — gross vs. net PFC

Prime AI bills a fixed cost per booking (PFC). Gross PFC is the sticker charge; net PFC is what Practo keeps after discounts and refunds. In June 2026 a monetised Prime AI booking carried a gross PFC of ₹513 and lost ~47% to discounts & refunds, netting ₹270 — producing ₹32.8L of net revenue that month, up 8.5× from ₹3.9L in October.

₹32.8L
Net revenue, Jun 2026
▲ 8.5× from ₹3.9L in Oct 2025
₹513
Gross PFC / monetised booking
sticker charge, before discounts
₹270
Net PFC / monetised booking
after discounts & refunds
47%
Refund % (incl. discount)
up from 41% in Oct 2025

Revenue has scaled fast, but revenue quality has softened: gross PFC has held near ₹510 a booking, yet net PFC has slipped from ₹305 to ₹270 as the share of gross lost to discounts and refunds rose from 41% to 47%.

Gross vs. net revenue

Prime AI monthly revenue, ₹ lakh · the gap between the lines is discounts and refunds · hover for detail

Gross revenue Net revenue

Hover the chart for exact monthly figures

Gross vs. net PFC per monetised booking

₹ per booking · a flat gross line with falling net shows deepening discounts/refunds · hover for detail

Gross PFC Net PFC

Hover the chart for exact monthly figures

MonthGross rev (₹L)Net rev (₹L)Monetised txnsGross PFC (₹)Net PFC (₹)Refund %

PFC = plan fixed cost, charged per booking. Refund % = share of gross PFC lost to discounts & refunds. Figures cover monetised Prime AI bookings, Oct 2025 – Jun 2026. Revenue is in ₹ lakh.

How monetised bookings get made: Direct vs. AI vs. Ops

Of everyone who calls in (unique reach), how much books directly, how much the AI receptionist converts, and how much the human Ops team recovers from what's left. This channel/lever view uses "total monetised book," not the revenue-billed transaction count — see note below.

27–37%AI conversion rate — AI bookings as a share of unique call reach
2–17%Ops conversion rate — Ops bookings as a share of the reach AI didn't convert
60–75%Direct/organic bookings' share of all monetised bookings — still the largest channel, with AI the fast-growing second
MonthDirect bookingsAI bookingsAI conv % Ops bookingsOps conv %AI+Ops conv %

AI conv % = AI bookings ÷ unique call reach. Ops conv % = Ops bookings ÷ (unique reach − AI bookings) — Ops converts the reach AI didn't. Direct + AI + Ops = Total monetised book.

Why "Total monetised book" runs higher than "Monetised txns"

Total monetised book (Direct + AI + Ops bookings) counts every qualifying booking, and is the right figure for this channel/lever analysis. Monetised txns — the billed-revenue figure used in §07 Monetisation — is lower, because Prime AI's commercial terms don't charge a booking if that patient was already billed within the clinic's 180-day unique-customer window. The two match exactly through Jan 2026 and diverge by 284–413/month from Feb 2026 as repeat-within-180-days bookings grew. Both are correct — they just answer different questions: use total monetised book for lever/channel-mix analysis (as here), and monetised txns for revenue.

09 · FY27 plan

The FY27 plan: shifting monetised share from Supreme to Prime AI

The FY27 operating plan targets a steady migration of monetised-transaction share toward Prime AI. From a June 2026 base of 10.4%, Prime AI is planned to reach 25.7% of monetised transactions by March 2027 — a +15.3pp gain, taken almost entirely from Supreme (60.3% → 45.0%), while all other plans hold flat at 29.4%.

2.5×Prime AI's share of monetised transactions more than doubles, 10.4% → 25.7%
+15.3ppshare gained by Prime AI from Jun 2026 to Mar 2027
−15.3ppceded by Supreme (60.3% → 45.0%) as relations convert to Prime AI

Planned share of monetised transactions Projection

FY27 operating plan · Jun 2026 (current base) → Mar 2027 · hover for the full split

Supreme Prime AI Others

Hover the chart for exact monthly figures

% share of monetised Jun 26Jul 26Aug 26Sep 26Oct 26 Nov 26Dec 26Jan 27Feb 27Mar 27

June 2026 is the current base; figures from July 2026 onward are FY27 plan targets, not actuals. Shares are of total monetised transactions across all plans and may not sum to exactly 100% due to rounding.