Healthtech Start-up
SBI Foundation hands out Rs 30 lakh grant in Shark Tank-like pitch fest
Fund given to eight fellows working on projects around health, governance, inclusion, farming
 "SBI Foundation hands out Rs 30 lakh grant in Shark Tank-like pitch fest")
India Accelerator announces Dubai foray, will invest $20 mn in start-ups
Incubator will provide start-up founders with four-month training in business growth
 "India Accelerator announces Dubai foray, will invest $20 mn in start-ups")
Healthtech platform Practo lays off 41 employees, mostly engineers
The company said in a statement that upholding a high bar for performance and productivity is crucial to maintaining this level of growth
 "Healthtech platform Practo lays off 41 employees, mostly engineers")
Funding for Healthtech companies falls 55% to $1.4 bn in 2022: Tracxn
Drop is mostly due to a 75% dip in late-stage investments, from $2.4 billion in 2021 to $606 million in 2022
 "Funding for Healthtech companies falls 55% to $1.4 bn in 2022: Tracxn")
Reveal HealthTech raises $4 mn in seed funding from W Health Ventures
Reveal HealthTech provides technology services to healthcare companies through engineering, clinical, and strategic support
Healthtech start-up BeatO raises $33 mn in Series B from Lightrock
Firm provides affordable diabetes care with a focus on people who don't have access to specialists
 "Healthtech start-up BeatO raises $33 mn in Series B from Lightrock")
Pharma supply start-up Saveo Healthcare raises $4.5mn in venture round
Company founded by 4 IIT graduates will use money to expand its presence and for improving technology
 "Pharma supply start-up Saveo Healthcare raises $4.5mn in venture round")
Healthtech start-up Butterfly Learnings raises $1.5 mn in seed funding
Round saw participation from Insitor Partners, 9Unicorns, Venture Catalysts and a clutch of other investors
 "Healthtech start-up Butterfly Learnings raises $1.5 mn in seed funding")
eHealth sector to reach $40 billion GMV by 2030, says RedSeer report
Pandemic worked as a catalyst to trigger growth within this sector, paving the way for a booming eHealth landscape that grew at 51% CAGR in 2021
Kenko Health raises $12 mn in Series A funding led by Sequoia Capital
Plans to utilise funds for acquiring customers, product development and building leadership team
 "Kenko Health raises $12 mn in Series A funding led by Sequoia Capital")
Healthtech start-up K&L Wellness raises Rs 30 crore in seed round
Firm provides therapeutic based health solutions to lifestyle diseases like diabetes, hypertension, heart disease and obesity, among others, through yoga and meditation
 "Healthtech start-up K&L Wellness raises Rs 30 crore in seed round")
Healthtech startup Mosaic Wellness raises $24 mn at valuation of $135 mn
Mosaic Wellness' Series A round was led by Sequoia Capital India with participation from Elevation Capital and Matrix Partners India
 "Healthtech startup Mosaic Wellness raises $24 mn at valuation of $135 mn")
Covid-19 second wave: Global start-ups reach out with healthtech solutions
Developed economies like the US and the UK have been using central repositories for decades
 "Covid-19 second wave: Global start-ups reach out with healthtech solutions")
Chiratae Ventures lines up 10-14 investments from Fund IV this year
Eyes edtech and e-gaming segments apart from core focus areas
 "Chiratae Ventures lines up 10-14 investments from Fund IV this year")
4 Indian healthtech start-ups that could be unicorns
Baby unicorns are emerging in the healthcare space and they could make the leap to unicorn in the future, reports Tech in Asia
 "4 Indian healthtech start-ups that could be unicorns")
