The preventive healthcare sector accounts for around 36% of the overall healthcare industry and as a result of the COVID-19 pandemic, the sector is expected to grow at a CAGR of 22% during 2022-25
The latest investment more than doubles Pristyn Care’s valuation, as the healthcare startup’s total fund tally now stands at about $175 million.
Up to 60% of healthcare facilities in India are concentrated in large cities. Health-tech firms are trying to bridge this divide by leveraging technology.
The San Francisco-based Big Data healthcare startup, which has a large base in Noida, raised $105 million in a Series D funding round.
Covid-19 has enabled a faster adoption of technology. And nowhere is this effect better seen than in the healthcare sector with the rise of healthtech. This sunrise area is poised for more growth.
Venture capital investment in healthtech hits $8.2 billion in the first quarter of 2020, the highest quarterly total on record, says Preqin; large deals continue to be made.
