India’s HealthTech ecosystem is booming, driven by rapid digital adoption, growing telemedicine demand, and the increasing use of data-driven clinical and operational services. With rising smartphone penetration, improved internet access, and greater acceptance of digital healthcare platforms, HealthTech startups in India are transforming how patients access medical services.
During 2024–25, several leading HealthTech startups reported strong revenue growth, expanded their service portfolios, and attracted significant investor interest. These companies are leveraging technologies such as artificial intelligence, cloud computing, data analytics, and digital platforms to improve patient outcomes, enhance operational efficiency, and address long-standing challenges related to affordability and accessibility. Government initiatives like the Ayushman Bharat Digital Mission (ABDM) have further accelerated the adoption of interoperable digital health infrastructure across the country.
In this article, we explore the Top 10 HealthTech Startups in India, highlighting what they do, their core offerings, and their latest revenue performance. Together, these startups showcase how India’s HealthTech landscape is evolving, shaping the future of healthcare delivery through innovation, scale, and technology-led transformation.
1. PharmEasy
PharmEasy is an online pharmacy and digital healthcare platform that enables users to order medicines, book diagnostic tests, and access doctor consultations through its app and website. In FY24, the company reported revenue of approximately ₹5,664 crore, making it one of the highest-earning HealthTech startups in India.
2. Practo
Practo operates a digital platform connecting patients with doctors for online consultations, clinic appointments, and health record management, while also offering SaaS solutions to healthcare providers. The company recorded revenue of around ₹240 crore in FY24, showing strong year-on-year growth.
3. Tata 1mg
Tata 1mg provides online medicine delivery, lab test bookings, e-consultations, and trusted medical information to consumers across India. For FY24, Tata 1mg’s revenue was estimated at approximately ₹1,900+ crore, supported by its expanding pharmacy and diagnostics business.
4. Innovaccer
Innovaccer is a healthcare data and analytics platform that helps hospitals, insurers, and healthcare organizations unify patient data and improve clinical outcomes using AI-driven insights. The company generated estimated revenue of ₹380–400 crore in FY24 from its SaaS and enterprise healthcare solutions.
5. Pristyn Care
Pristyn Care focuses on providing minimally invasive surgical procedures along with end-to-end patient care, including diagnostics, surgery, and post-operative support. In FY23, the company reported revenue of around ₹453 crore, with continued growth momentum into FY24.
6. HealthifyMe
HealthifyMe is a health and wellness platform offering AI-powered nutrition tracking, fitness coaching, and personalized lifestyle management programs to consumers. The startup recorded revenue of approximately ₹225–230 crore in FY23, driven by subscriptions and coaching services.
7. Qure.ai
Qure.ai develops AI-based medical imaging solutions that assist doctors in detecting diseases such as tuberculosis, stroke, and cancers through X-rays and CT scans. While exact figures are not publicly disclosed, the company reported strong global growth with estimated annual revenue in the range of ₹100+ crore in the last financial year.
8. MediBuddy
MediBuddy is an integrated digital healthcare platform offering online doctor consultations, medicine delivery, lab tests, and corporate health insurance services. In FY24, MediBuddy reported revenue of approximately ₹645 crore, reflecting rapid adoption across both B2C and B2B segments.
9. Cult.fit (Cure.fit)
Cult.fit combines fitness, mental wellness, nutrition, and preventive healthcare services through both online and offline formats. The company reported revenue of around ₹925–930 crore in FY24, supported by its gym network, digital classes, and healthcare services.
10. Akumentis Healthcare
Akumentis Healthcare operates in the healthcare and medical products space, focusing on manufacturing and distributing healthcare solutions across India. The company recorded revenue of approximately ₹398 crore in FY24, reflecting steady growth in the HealthTech and medical services sector.
Why HealthTech Startups are Growing Rapidly in India
The rise of HealthTech startups in India is driven by:
- Increasing smartphone and internet penetration
- Government initiatives like ABDM (Ayushman Bharat Digital Mission)
- Growing demand for affordable healthcare
- Adoption of AI, cloud, and data analytics
These startups are not only improving patient outcomes but also strengthening India’s healthcare infrastructure.
Disclaimer: Content in this article is derived from publicly available information. DHN maintains editorial independence and does not endorse or promote any organization mentioned.
Stay tuned for more such updates on Digital Health News
Source link
