The Indian healthcare sector has been going through a major transformation in recent years, as it strives to meet all the demands of a growing population. In this post The Brews News , we have listed out some of the most promising companies in India’s healthcare industry, also known as unicorns.
The list includes some big names from across sectors such as medical devices and diagnostics, e-healthcare solutions, pharmaceuticals and much more.We hope that our list will help you explore this dynamic space in greater depth!
List of Healthcare Unicorns in India :
1. Practo.com:
Practo was started in 2007 by Shashank ND and Abhinav Lal, to connect patients to the best doctors based on their need. Over the last 10 years, they have grown into a comprehensive healthcare solution provider with services in diagnostics, hospitals and lab services.
It has over 8 million registered users and more than 45000 doctors listed on the platform. They have operations across India and overseas with offices in San Francisco and London.
2. Portea Medical:
Portea Medical is a leading e-commerce health care site for medical equipment, hospital beds, diagnostic devices as well as homecare products for senior citizens in India. The company was founded in December 2013 by a group of entrepreneurs.
They have over 400000 registered users and with a network of partners across India, Portea has amassed a strong presence in the medical devices sector.
3. Fortis Healthcare:
Fortis Healthcare is a healthcare services and solutions provider that provides comprehensive hospital and homecare solutions. It is backed by the government of India with its founder Puneet Bhagat being trained at leading hospitals around the world including Harvard Medical School, Cornell University and Massachusetts General Hospital, US. Fortis operates commercial clinics across India.
4. Healthians:
Healthians is a healthcare platform that enables users to access verified medical specialists and hospitals in India. In 2013, Healthians raised a total of $1 million in seed funding and is backed by the likes of Beenext Ventures, Mumbai Angels, Pi Ventures and Lemniscap among others.
The company has over 500 hospitals including Aravind Eye Hospitals and Apollo Hospitals on its platform.
5. Healthspring:
Healthspring was founded by Rajeev Gupta, who has previously worked at Bain & Company as well as Triad Hospitals as the CEO.
The company aims to provide hassle-free healthcare by connecting patients to their trusted medical specialists and hospitals, with around 1000 hospitals and Kolkata Corporate Hospital on the platform. Healthspring has raised a total of $2 million in funding since inception and is backed by major investors like Sequoia Capital, Ventureast and other venture capital firms.
6. Healthcash:
Healthcash provides a platform to patients who are looking for quality treatment, at affordable prices. It is also backed by Ventureast, an early stage venture capital firm in India. It has over 50,000 doctors and hospitals on board and over 20 million registered users with more than 7200 hospitals and clinics across India.
7. MedGanga:
MedGanga is a web portal offering online direct bill payment service to patients from across India through their portal or mobile phones. In 2014, the company had raised $10 million of funding from a number of investors including Sequoia Capital. MedGanga has a network of over 3000 hospitals, 5000 diagnostic centres and 6000 pharmacies on their platform.
8. CureFit:
CureFit is a healthcare startup that was founded by Ankit Nagori and Mukesh Bansal. It focuses on providing solutions for over-diagnosed, under-diagnosed as well as undiagnosed health conditions. The company also offers fitness solutions and has operations in Bengaluru, Mumbai and Gurugram.
9. Healthmetrix:
Healthmetrix is a data analytics provider that helps healthcare service providers gain deeper insights into the performance of their business. Its clients include hospitals like Fortis, Max Healthcare, GVK-EMRI and Narayana Hrudayalaya across India as well as around 200 hospitals in the UK and UAE. In 2017, the company had raised $2 million of funding from a number of investors including Blume Ventures, Japan’s Era and existing investors.
10. Mediview:
Mediview has been providing tele-medicine solutions since the year 2013. The startup offers free consultation services to patients in both urban as well as rural areas and has partnerships with over 65000 doctors across India.
It has offices in Gurugram and Mumbai, with around 8500 patients per day consulting the company’s doctors through its platform. Mediview was featured on Forbes India’s list of 10 most promising healthcare companies in 2017.
11. Healtheon:
Healtheon was founded in the year 2012 by Nadeem Patel, a former associate professor of engineering at IIT Delhi. It is backed by a host of high profile venture capitalists and angel investors such as Sandeep Tandon, Ravi Gururaj, Kalyan Varma and many others.
The company has partnerships with over 60 hospitals across India and has operations in Delhi NCR, Gurugram and Mumbai. It aims to create a network of over 400 hospitals across India.
