Philips Launches New Innovation Campus in Bengaluru to Advance Healthcare Technology November 14, 2023 The expansive 650,000 sq ft facility accommodates more than 5,000 professionals dedicated to developing cutting-edge health technologies.
Indian Healthcare Prioritises Stricter Mandates, Data Governance, & Tech Adoption to Tackle Changing Disease Landscape November 11, 2023 The discussion highlighted India's shifting disease landscape, emphasising the need to focus on long-term care. Experts stressed the crucial importance of significantly expanding insurance coverage and prioritising preventive care measures.
Gujarat Inks Series of Investment MoUs worth INR 1,770 Cr in MedTech, Other Sectors November 7, 2023 MoUs were signed for a proposed investment of INR 1770 Cr in pharma, medical devices, biological manufacturing, medicines, injections, tablets, capsules, and bulk drug production.
Delhi-Based Varco Leg Care Secures Funding to Enhance Treatment Adherence November 7, 2023 The round was led by Neeraj Garg, former CEO of Hindustan Coca-Cola with participation from existing and new investors.
India's Digital Healthcare Likely to Reach $37 Bn by 2030: BCG & B Capital Report November 3, 2023 The digital healthcare sector generated $2.7 billion in revenue in 2022, representing 1-2% of India's total healthcare market. However, it is projected to grow significantly, reaching 7-8% by the end of the decade, according to the report.
Jhunjhunwala Family-Backed IKS Health Acquires US-Based AQuity Solutions for INR 1,600 Cr November 1, 2023 The acquisition valued at $200 million (about INR 1,600 Cr) was financed partially through a INR 1,000 Cr loan from three major banks and the rest from internal funds.
Sugar.fit Raises $11 Million in Series A Funding to Enhance Diabetes Management November 1, 2023 The newly acquired funds are earmarked for the expansion of services, the launch of offline facilities, and a substantial thrust into research and development in diabetes management.
HQRS & Laerdal Invest in MedLern to Enhance Healthcare Training in India October 31, 2023 This investment aims to bring innovative and evidence-based tools to healthcare training, focusing on providing high-quality training for healthcare professionals in India.
Bengaluru-Based 02-Matic Launches the World’s First Portable Oxygen Generator October 31, 2023 Further, the cylinder does not store oxygen, instead it generates oxygen using patented chemical compounds and a unique process to generate 99.9% pure medical oxygen.
PM Modi Launches 100 ‘5G Use Case Labs’ to Transform Healthcare, Other Sectors October 30, 2023 The initiative seeks to create applications to revolutionise various sectors such as education, agriculture, health, power and transportation with the help of 5G Use Case Labs. The objective of the labs is to build competencies and engagement in 5G and beyond technologies for students and start-up communities.
HNG Launches Tele-ICU Program at Apollo Spectra Hospitals for Advanced Critical Care October 25, 2023 This program connects Apollo Spectra's ICU facility with the Apollo Hyderabad Command Centre, empowering healthcare providers to deliver expert medical attention regardless of location.
AIIMS Bilaspur Teams Up with Drone Startup TechEagle for Efficient Healthcare Delivery in HP October 20, 2023 TechEagle, a drone delivery startup based in Gurugram, has teamed up with AIIMS Bilaspur to transform emergency healthcare in Himachal Pradesh.