India’s healthtech startup ecosystem has emerged as one of the most dynamic and rapidly evolving segments within the country’s broader technology landscape. Spanning a diverse range of solutions — from online pharmacies and telemedicine services to healthcare IT platforms, diagnostics, and fitness and wellness applications — these startups are fundamentally reshaping how millions of Indians access and experience healthcare. As the country continues to grapple with a fragmented and overburdened healthcare system, technology-driven startups are stepping in to bridge critical gaps in access, affordability, and operational efficiency.
A Decade of Steady Growth and Investment
Over the past ten years, India’s healthtech sector has demonstrated consistent funding momentum that reflects growing investor confidence in technology-led healthcare delivery models. Between 2014 and 2024, healthtech startups in India collectively raised approximately $7.25 billion, underscoring the sector’s long-term appeal to both domestic and international investors. In 2024 alone, the sector attracted over $700 million across more than 78 deals — a strong signal of continued investor activity even as broader startup funding experienced moderation across other verticals.
This sustained capital inflow has enabled startups to scale their operations, invest in research and development, expand into tier-2 and tier-3 cities, and build robust digital health infrastructure. The consistent funding trajectory also highlights healthtech’s resilience as an investment category, one that continues to attract venture capital, private equity, and strategic funding rounds year after year.
India’s Healthtech Landscape by the Numbers
India is currently home to more than 4,200 healthtech startups, founded by over 4,300 entrepreneurs and innovators. This makes healthtech one of the largest and most active verticals within the Indian startup ecosystem. The sector’s scale is not just reflected in the number of companies but also in the volume of market consolidation activity. To date, 108 acquisitions have been recorded in the healthtech space, indicating growing participation from established healthcare corporations, hospital chains, and strategic buyers looking to integrate digital capabilities into their existing operations.
The sector has also produced a notable cohort of unicorns — startups that have achieved valuations exceeding $1 billion. Companies like PharmEasy, Cure.fit, Innovaccer, and 1mg stand as testament to healthtech’s ability to scale at both the consumer and enterprise levels, demonstrating that digital health solutions can achieve meaningful market penetration across India’s diverse and complex population.
Technology Driving Better Patient Outcomes
At the heart of India’s healthtech revolution is a deep commitment to leveraging technology for improved patient outcomes. Startups across the ecosystem are deploying artificial intelligence, machine learning, data analytics, and cloud-based platforms to streamline clinical workflows, reduce diagnostic errors, and enhance the overall quality of healthcare delivery. Telemedicine platforms have made specialist consultations accessible to patients in remote geographies, while digital diagnostics companies are enabling faster and more accurate testing at reduced costs.
Fitness and wellness applications are empowering individuals to take a proactive approach to their health, while healthcare IT platforms are improving hospital management, patient data handling, and insurance claim processing. Together, these innovations are contributing to a more efficient, patient-centric healthcare system.
The Road Ahead for Indian Healthtech
As demand for accessible and affordable healthcare continues to grow, India’s healthtech startups are well-positioned to play an increasingly central role in the country’s health infrastructure. With continued innovation across digital health, diagnostics, telemedicine, and preventive care, the sector remains a critical and high-growth component of India’s evolving healthcare and technology ecosystem. Government initiatives supporting digital health adoption further strengthen the outlook for startups operating in this space.
With that said, here is a curated list of healthtech startups by revenue:
