BY THE DIGITAL HEALTH LEADERS FOR THE DIGITAL HEALTH COMMUNITY
BY THE DIGITAL HEALTH LEADERS 
Jhunjhunwala-backed IKS Health Bags INR 1,120.18 Cr from Anchor Investors, Day 1 Status December 13, 2024 IKS Health raises ₹1,120.18 crore in a major funding round with 61 anchor investors, aiming to accelerate its global healthcare service expansions and technology innovations.
GrowX Ventures Launches Fund II, Eyes Healthtech & DeepTech Investments December 12, 2024 GrowX Ventures launches Fund II with a INR 400 Cr corpus, focusing on healthtech, semiconductors, spacetech, and other DeepTech sectors. Fund targets seed and Series B startups.
Amazon India to Invest $120 Mn in Startups, Boosts Exports; Health Sector Among Key Focus Areas December 12, 2024 Amazon earmarks $120 Mn for manufacturing and AI startups under its Smbhav Venture Fund, focusing on health and other sectors. The company also boosts e-commerce exports and launches logistics services in India.
Reliance to Revive Karkinos Healthcare with INR 202 Cr Debt Infusion December 12, 2024 Reliance Industries has announced a ₹202 crore infusion to address Karkinos Healthcare’s debts. An additional ₹150 crore is pledged to support the company’s revival efforts, focusing on cancer care advancements.
Jhunjhunwala-backed IKS Health IPO Opens Today December 12, 2024 The IKS Health IPO opens for subscription, showcasing its expertise in healthcare analytics, revenue cycle management, and telehealth. Details on pricing, subscriptions, and market performance.
DCDC Kidney Care Bags INR 82 Cr Investment from British International Investment December 10, 2024 In a significant funding round, DCDC Health Services has secured ₹82 crore from British International Investment. This funding is set to drive their mission of expanding quality healthcare services across India, with a special focus on dialysis care.
IRDAI Backs GST Reduction on Insurance Premiums Ahead of GST Council Meeting December 9, 2024 IRDAI and DFS have endorsed a proposal to reduce GST on senior citizens' health policies, micro-insurance, and term insurance, making them more affordable and inclusive for vulnerable groups.
MediBuddy Launches IHCC to Advance Cashless Primary Healthcare December 9, 2024 MediBuddy’s IHCC platform, BuddyCare, aims to enhance cashless healthcare delivery, aligning with India’s ‘Insurance for All by 2047’ vision.
22 New AIIMS & 75 GMCs Approved Under PMSSY, Says Health Minister in Lok Sabha December 6, 2024 In a significant step for healthcare, the government has approved the upgradation of 22 AIIMS and 75 Government Medical Colleges under the Pradhan Mantri Swasthya Suraksha Yojana (PMSSY), boosting medical infrastructure nationwide.
Healthcare Funding Drops 94.52% in November 2024 December 6, 2024 Healthcare funding dropped by 94.52% in November 2024, falling to just $4.02 million. Seed-stage investments dominated the funding landscape, with Assure and India IVF Clinic raising notable rounds.
Kashmir Pushes for Full Digitization of Healthcare Under ABDM December 5, 2024 In a move towards modernizing healthcare, the Chief Secretary of Kashmir emphasized the importance of complete digitization of health services. This initiative aims to enhance accessibility and efficiency for the region.
Carlyle Group & Capital Group Reduce Stakes in Indian Healthcare Firms December 4, 2024 The Carlyle Group has sold a 4.3% stake in Healthtech firm Indegene for ₹636 crore. This move marks a significant transaction in the Healthtech sector, showcasing its growing valuation.
