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, Jul 2026 MTD
▲ ~11× since launch (Sep 2025)
~7%
of all Prime relations, Jul 2026 MTD
up from 1.3% in Oct 2025
11.4%
of monetisable txns, Jul 2026 MTD
up from 1.0% in Oct 2025
12.8%
of Prime net revenue, Jul 2026 MTD
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.

Overview

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 split (§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 — the current GP plan
₹299
General Physician — legacy plan, grandfathered from launch month only
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.

01 · Share of Overall Prime

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.

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

Metric

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; §06 breaks down the underlying unit economics.

02 · PFC Comparison

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

Prime AI charges meaningfully more per txn than Supreme — its net PFC has run 24–41% above Supreme's every month. Prime AI's refund rate on monetised txns 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 txn every month.

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

Gross PFC — monetised txns

₹ per monetised txn, before discounts & refunds

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

Refund % (incl. discount) — monetised txns

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

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

Net PFC — monetised txns

₹ per monetised txn, after discounts & refunds

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

Monetised = a txn that was actually billed. Monetisable = a txn that could be billed — a broader base (§01). Prime AI row highlighted.

Gross PFC — monetisable txns

₹ per monetisable txn, before discounts & refunds

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

Refund % (incl. discount) — monetisable txns

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

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

Net PFC — monetisable txns

₹ per monetisable txn, 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 · Relation Growth

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

Metric

Overall Prime relations (all plans, the denominator behind Prime AI's % share) — from the same monthly snapshot as the share figures above.

~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 · Hunt vs Migration

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

Metric

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 Split

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-level GP plan launched at ₹299 but was replaced by ₹349 from December 2025 — only doctors onboarded in that first month were grandfathered onto ₹299, so its share steadily shrinks (11% → 2%) while ₹349 has ramped to ~7% of the base as the current GP plan.

Because Prime AI pricing is fixed by specialty (see Overview), the plan split 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

Plan

Shares are of the end-of-month live base. ₹349 replaced ₹299 as the GP plan from December 2025; ₹299 is closed to new sign-ups and only remains for doctors onboarded in the launch month. 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 txns that month, by plan — this is the mix used to weight blended PFC (§02)

Plan

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

06 · Unit Economics and Conversions

What a txn is worth — gross vs. net PFC

Prime AI bills a fixed cost per txn (PFC). Gross PFC is the sticker charge; net PFC is what Practo keeps after discounts and refunds. In June 2026 a monetised Prime AI txn 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 txn
sticker charge, before discounts
₹270
Net PFC / monetised txn
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 txn, 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 txn

₹ per txn · 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

Metric

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

How monetised txns 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

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

AI conv % = AI txns ÷ unique call reach. Ops conv % = Ops txns ÷ (unique reach − AI txns) — Ops converts the reach AI didn't.

07 · Plan Ahead for FY27

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.

08 · Specialty Mix

Which specialties drive Prime AI's revenue — and how that's shifting

Looking at each specialty's share of net revenue (not relations) tells a different story from the relations mix: Dermatology over-indexes in Prime AI and is still rising (20% → 23% of AI revenue, Oct'25–Jun'26), while Psychiatry's share has collapsed from 15% to 5% — even as it remains a much bigger driver for Supreme (~11–12% throughout). Gastroenterologist has emerged from near-zero to 6% of AI revenue, a pocket of strength unique to the AI product.

20% → 23%Dermatology's share of Prime AI net revenue — above its share of Base (9–13%), roughly in line with Supreme (19–22%)
15% → 5%Psychiatry's share of Prime AI revenue collapses, while staying ~11–12% for Supreme — an early-cohort effect normalising
0% → 6%Gastroenterologist's share of Prime AI revenue climbs from near-zero, flat (~3%) in Base and Supreme the whole time

Prime AI's revenue mix — the biggest movers

Share of Prime AI net revenue, by specialty · hover for detail

Dermatology Psychiatry Physician Dentistry Gastroenterologist

Hover the chart for exact monthly figures

Prime AI's revenue mix by specialty, month by month

Share of Prime AI net revenue

Specialty

"All other" is a residual (100% − named specialties) and absorbs the ~25–30 smaller specialties plus minor rounding.

Jun 2026 — AI vs. Base vs. Supreme vs. Total Prime

Share of net revenue by specialty, latest month — where does Prime AI over- or under-index?

SpecialtyPrime AIBaseSupremeTotal Prime

"Supreme" = Prime Supreme plans; "Base" = other legacy Prime plans (neither Supreme nor Prime AI); "Total Prime" = Supreme + Prime AI + Base combined. Figures are % of that segment's own net revenue for the month, from the Practo revenue-by-specialty report.

09 · Pre and Post Prime AI Case

Migrated campaigns: performance before vs. after Prime AI

161 campaigns that migrated from other Prime plans onto Prime AI, split into three monthly cohorts by migration date, each compared over the 3 months before vs. 3 months after migration. Net revenue is up +54% overall — and the lift is accelerating: the Dec'25 cohort grew net revenue +39%, but the Feb'26 cohort grew +75%. The same later cohorts also show a smaller rise in refund rate, suggesting the migration experience is improving over time even as the revenue upside grows.

+54%net revenue, 3 months after migrating to Prime AI vs. 3 months before (161 campaigns)
+39% → +75%net revenue growth by cohort, Dec'25 → Feb'26 migration month — accelerating
+10pp → +4pprise in refund rate by cohort, Dec'25 → Feb'26 — shrinking as later cohorts migrate cleaner
Metric Cohort 1
Dec '25 · n=75
Cohort 2
Jan '26 · n=55
Cohort 3
Feb '26 · n=31
Total 3M
n=161

Each cohort compares the 3 months immediately before its migration month to the 3 months immediately after (e.g. Cohort 1 migrated Dec 2025: Sep–Nov vs. Jan–Mar). Refund % = Refunds ÷ Gross revenue; its "Growth %" row is the change in percentage points (pp), not a relative %. All other Growth % rows are relative change. Gross/Net PFC = Gross/Net revenue ÷ Monetisable txns. Revenue figures are in ₹ lakh.

73% → 65%monetisation rate (monetised ÷ monetisable txns) falls post-migration — absolute monetised volume still grows +31%, but a smaller share of the larger monetisable base converts to billing
41% → 49%refund rate on gross revenue rises post-migration — an independent, like-for-like confirmation of the same pattern seen for Prime AI overall in §02 and §06
+5%net PFC per txn grows only modestly (₹142→₹149) despite gross PFC jumping +21% — most of the post-migration upside is volume, not per-txn economics