India ranks among the top 10 global growth
markets for nutritional food and beverages. Further, the Indian
healthcare market, which is worth $100 Bn, is likely to grow at 23% CAGR
to reach $280 Bn by 2020, as per a
Deloitte 2016 report. The threshold of innumerous opportunities for healthtech
startups has helped the Indian healthtech startups raised about $346 Mn
across 111 deals. Another report reveals that since 2016, $4.3 Bn
has been invested in Asia HealthTech across 296 deals upto Q3 of 2017.
It has developed into a one-stop
destination for appointments, consultations, health records, insurance, and
ordering medicines online.
It has also launched another application
like Practo Ray, an easy Practice Management Software designed to help doctors
focus on their patients. It offers various features that simplify all aspects
of a doctor’s practice- right from appointment booking, patient record
management to billing and follow up.
Number of funding rounds: 4
B: Sequoia Capital ($30M)
C: Tencent Holdings ($90M)
D: Tencent Holdings ($55M)
For patients, Lybrate is the best way to
find great doctors near their location. Patients can search by specialty, and
location and book appointment with view verified doctors recommended by real
For Doctors, they provide them with
critical patient information anytime, anywhere so that they can make better
decisions for patients.
Number of Funding Rounds: 3
Round: – ($3M)
A: Nexus Venture Partners ($10.2M)
Round: Nexus Venture Partners ($1.2M)
Livehealth is a medical records management
app. It helps you get your medical records from your Health Provider, directly
to your phone along with managing & maintaining medical records right from
On the supply side, MUrgency acts as an
aggregator bringing together varied emergency services – doctors, nurses,
paramedics, ambulances, and first-aid assistants – all on one platform.
the demand side, users can call for emergency medical response and assistance
with just one tap on the mobile app. A notification is sent to all the nearest
emergency responders, allowing them to accept the demand and provide timely