Indian healthcare startups raised $1.3 billion across 69 deals this year, which is significantly more than the $316 million raised in the whole of 2020. Additionally, healthtech in India also saw some big acquisitions this year. The Indian government has also taken several steps to build and enable digital solutions that can help combat the pandemic.
The investment is creating new opportunities to develop, test and deploy new digital health tools that are being integrated with offline services. This is key to test hybrid models, and address needs of rural populations by providing remote care monitoring and home care. The increased funding have also revealed that recent government initiatives such as Telemedicine Practice Guidelines, National Digital Health Mission (NDHM), and eAccess to healthcare are critical in accelerating digital adoption in health. What is the role of governments in creating an enabling environment for digital health technologies to scale