Company lists
The India edition · 2026

HealthTechcompanies in India

Doctors & pharmacy, healthcare software, fitness & wellness, chronic care & devices, labs & life sciences and more: the companies building healthtech in India, with their founders, funding, team size and business models.

7,433 company profiles2,005 with reported revenue730 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent healthtech business events in India

Funding, M&A, contract wins and launches involving 11,120 healthtech companies in India, last 24 months: 88 funding rounds · 49 M&A deals · 9 launches · 6 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

FundingEquity partnership

Fittr

This is a fitness startup called FITTR. The company has shared information about Rohit Sharma becoming an equity partner. However, the amount of money they have invested is revealed there.

Investors Rohit sharma
Fitness and wellness
FundingSeed

Elevate now

Elevate Now received Rs. 18 crores in seed funding to build on its data-driven platform for weight management.

M&AAcquisition · Announced

Mankind Lifesciences (MLS) acquires Upakarma ayurveda

Mankind Pharma's wholly owned subsidiary (WOS) -- Mankind Lifesciences (MLS) has acquired the remaining 10% stake of Upakarma Ayurveda (Upakarma) from Kaushcorp Media LLP through a share…

Ayurveda/Pharmaceutical
M&AAcquisition · Completed

Mankind acquires Upakarma ayurveda

Mankind Pharma Limited has successfully acquired the remaining 10% stake in Upakarma Ayurveda Private Limited from Kaushcorp Media LLP for ₹75 Lakhs. This strategic move, completed on…

Ayurvedic and nutraceutical
M&AAcquisition · Announced

Eli Lilly and Company acquires Curevo Vaccine

Lilly announced a major push into vaccines, including the planned acquisition of Curevo Vaccine for $1.5 billion and other vaccine-developer deals, signaling a new long-term growth…

Vaccine Development
M&AAcquisition · Completed

Eli Lilly and Company acquires Na

Eli Lilly and Company secures a next-generation vaccine platform in a deal valued up to $1.55 billion, aiming to combat EBV and other critical infectious diseases.

Vaccine Innovation
M&AAcquisition · Announced

Hearzap acquires Amplifon India

Hearing care provider Hearzap on Monday said it will acquire Amplifon India for an undisclosed sum as part of its expansion across the country.

Hearing care
M&AAcquisition · Announced

Iks health acquires ARAI Solutions

IKS Health announced acquisition of AI consultancy ARAI Solutions in a transaction valued at approximately $1 million.

AI consulting
M&AAcquisition · Completed

Tps acquires Optum

TPS has purchased Eden Prairie, Minnesota-based Optum, which supplies more than half of England's primary care IT systems.

Primary care IT systems
M&AAcquisition · Terminated

Vasa Denticity Limited acquires IDS Denmed

Vasa Denticity Limited has informed the National Stock Exchange of India Ltd that it and IDS Denmed Private Limited have mutually decided not to proceed with their proposed acquisition.

Dental/Business
M&AAcquisition · Announced

Iks health acquires Trubridge, inc

IKS announced it has entered into a definitive agreement to acquire TruBridge, Inc., a prominent provider of healthcare technology solutions for rural and community hospitals.

Healthcare technology solutions
M&AAcquisition · Announced

Nebula Research & Development LLC acquires Eli Lilly and Company

Nebula Research & Development LLC acquired a new stake in Eli Lilly and Company in the 2nd quarter worth approximately $749,000.

Pharmaceutical
M&AAcquisition · Announced

Brighton jones acquires Eli Lilly and Company

Brighton Jones LLC lifted its holdings in Eli Lilly and Company by 22.0% in the 4th quarter. Brighton Jones LLC now owns 9,597 shares of the company’s stock worth $7,409,000 after…

Pharmaceutical
M&AAcquisition · Announced

Revolve wealth partners acquires Eli Lilly and Company

Revolve Wealth Partners LLC lifted its holdings in Eli Lilly and Company by 2.8% in the 4th quarter. Revolve Wealth Partners LLC now owns 1,471 shares of the company’s stock worth…

Pharmaceutical
M&AAcquisition · Announced

Schnieders capital management acquires Eli Lilly and Company

Schnieders Capital Management LLC. lifted its holdings in Eli Lilly and Company by 16.7% in the 2nd quarter. Schnieders Capital Management LLC. now owns 7,993 shares of the company’s…

Pharmaceutical
M&AAcquisition · Announced

Flow traders acquires Eli Lilly and Company

Flow Traders U.S. LLC acquired a new stake in Eli Lilly and Company in the 2nd quarter worth approximately $356,000.

Pharmaceutical
M&AAcquisition · Announced

Parexel acquires Vitrana

Parexel has acquired pharmaceutical operations software vendor Vitrana.

Funding

Ultrahuman

On the other hand, Ultrahuman continues to lead the health wearable space with a $48 million round, helping people track their metabolism in real-time.

Funding

Cult.fit

"Fitness major Cult.fit raised $47 million."

Investors Na
Fitness
FundingSeries A (extended)

Amaha (formerly innerhour)

Mental health startup Amaha (formerly InnerHour) has raised Rs 50 crore in an extended Series A round led by Fireside Ventures.

Investors Fireside ventures, Shreyas Shibulal, Lightbox
Mental health
FundingGrant

Qure.ai

In AI-led services, Qure.AI secured a grant from the Gates Foundation for its medical imaging solutions.

Investors Gates Foundation
FundingSeed

Mave Health

Mave Health, a neurotechnology startup focused on mental health solutions, raised $2.1 million in a seed round led by Blume Ventures, with participation from multiple angel investors and…

Investors Blume ventures
Healthtech / Neurotech
M&AAcquisition · Announced

Curebay acquires Saveo

Rural healthtech startup CureBay has acquired the pharmaceuticals distribution business of B2B health marketplace Saveo.

B2B health marketplace
FundingGrowth Round

Mosaic wellness

Mosaic Wellness raised ₹200 crore in fresh funding from asset management firm 360 ONE

Investors 360 one
Consumer Health / Digital Health
LaunchKindly

Kindly

Kindly has announced the national launch of its care navigation platform.

Care navigation platform
FundingSubsequent funding

Livofy

He rebranded as Livofy, broadened the health-tech focus, and raised $550,000 (approximately ₹4.5 crore) in subsequent funding.

Investors Na
Health & Wellness / Personalized Nutrition
FundingSeries A

Peptris

AI-powered drug discovery startup Peptris also secured ₹70 Cr in a Series A round co-led by IAN Alpha Fund and Speciale Invest this month.

Investors IAN Alpha Fund, Speciale invest
Funding

GrepBio

The funded startups included Torus Robotics Private Limited (Rs. 40 lakh), GREPBIO DATALAB Private Limited (Rs. 30 lakh), Gadget Guruz Technologies Private Limited (Rs. 25.67 lakh),…

Investors SISF, MeitY Startup Hub

HealthTech companies in India, by revenue

Browse healthtech companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 2,005 healthtech companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Developer of therapeutics for the treatment of animal diseases

Veterinary healthtech
₹20,060.27 crFY 2022-23
Not reported
20,762+12% 12 mo to Sep 2024recorded Sep 2024
29 yr1997
—No postings tracked

Provider of an online pharmacy with doctor consultation & appointment booking

Healthcare booking platforms
₹9,097.80 crFY 2024-25
+16%2024–2025
1,202+49% vs previous recordLinkedIn · Jul 2026
6 yr2020
1postings · last posted Sep 2026

Digital healthcare management tool

Healthcare booking platforms
₹5,980.03 crFY 2024-25
Not reported
476+183% 12 mo to Sep 2024LinkedIn · Jul 2026
14 yr2012
4postings · last posted Jul 2026

Web/mobile platform to order for general & prescription based medicines

Healthcare booking platforms
₹4,603.65 crFY 2022-23
Not reported
4,259+4% 12 mo to Aug 2023recorded Aug 2023
20 yr2006
0none in 3 months · last posted Jun 2026

Provider of healthcare technology and services for revenue cycle management and clinical support

Healthcare it
₹2,702.99 crFY 2024-25
+45%2024–2025
9,088+3% 12 mo to Mar 2020LinkedIn · Jul 2026
20 yr2006
26postings · last posted Sep 2026

Developer of continuous glucose monitoring device for diabetic patients

Disease self management
₹2,669.84 crFY 2024-25
+15%2024–2025
1,015-1% 12 mo to Aug 2024recorded Aug 2024
11 yr2015
73postings · last posted Sep 2026

Online marketplace for diagnostic test and health package

Healthcare booking platforms
₹2,019.69 crFY 2024-25
+17%2024–2025
2,206+5% 12 mo to Jul 2024recorded Jul 2024
11 yr2015
0none in 3 months

Remote healthcare monitoring devices

Nutraceuticals tech
₹1,829.94 crFY 2024-25
+7%2024–2025
617-91% 12 mo to Jul 2023LinkedIn · Jul 2026
25 yr2001
0none in 3 months · last posted Apr 2026

A technology-driven business services provider in healthcare

Life sciences tech
₹1,580.64 crFY 2024-25
+39%2024–2025
468LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of animal and human vaccines

Immunotherapy
₹1,512.92 crFY 2024-25
+8%2024–2025
1,752+7% 12 mo to Sep 2024recorded Sep 2024
44 yr1982
0none in 3 months

Provider of pharmaceutical supply chain solutions

Life sciences tech
₹1,372.95 crFY 2024-25
Not reported
165+21% 12 mo to Nov 2023LinkedIn · Jul 2026
14 yr2012
0none in 3 months

Manufacturer of nutritional supplements and health and wellness products

Healthcare booking platforms
₹1,368.30 crFY 2024-25
+28%2024–2025
241-1% 12 mo to Sep 2024LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Online marketplace for medical supplies, equipment, and devices catering to healthcare providers

Healthcare it
₹1,311.59 crFY 2024-25
-7%2024–2025
654-26% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
2postings · last posted Sep 2026

Online appointment booking platform

Healthcare booking platforms
₹1,242.47 crFY 2023-24
+0%2023–2024
2,494-2% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
—No postings tracked

E-learning platform for healthcare professionals

Continued learning
₹1,176.80 crFY 2024-25
+26%2024–2025
—Not available
11 yr2015
0none in 3 months

Online digital platform for medical services and counselling

Healthcare booking platforms
₹1,170.80 crFY 2024-25
-18%2024–2025
2+0% 12 mo to Sep 2024recorded Sep 2024
37 yr1989
0none in 3 months

Provider of digital health coaching platforms for men, women, and parents

Healthcare booking platforms
₹748.89 crFY 2024-25
+119%2024–2025
583+19% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
2postings · last posted Sep 2026

Brand of Ayurvedic products

Healthcare booking platforms
₹685.37 crFY 2022-23
Not reported
475-20% 12 mo to Sep 2024LinkedIn · Jul 2026
109 yr1917
0none in 3 months

Provider of IoT-based facility management solutions for hospitals

Healthcare it
₹701.95 crFY 2024-25
+6%2024–2025
754LinkedIn · Jul 2026
18 yr2008
6postings · last posted Sep 2026

Provider of online doctor consultations, lab tests, and medicine orders

Healthcare booking platforms
₹675.64 crFY 2024-25
+8%2024–2025
1,217+26% 12 mo to Jul 2023LinkedIn · Jul 2026
7 yr2019
431postings · last posted Aug 2026

Network of hospitals providing surgical treatments across multiple specialities

Healthcare booking platforms
₹632.21 crFY 2023-24
+28%2023–2024
1,607-45% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
4postings · last posted Aug 2026

Provider of an ambulance and emergency care services

Healthcare booking platforms
₹593.31 crFY 2024-25
+13%2024–2025
30LinkedIn · Jul 2026
24 yr2002
0none in 3 months

Provider of wearable health trackers and metabolic monitoring hardware devices

Consumer electronics e-commerce
₹580.79 crFY 2024-25
+436%2024–2025
490+89% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Mar 2026

Online marketplace for selling and buying health products

Fitness & wellness tech
₹506.42 crFY 2021-22
Not reported
1,036-1% 12 mo to Sep 2024recorded Sep 2024
22 yr2004
0none in 3 months

Software tool for prenatal screening management

Healthcare it
₹456.68 crFY 2021-22
Not reported
167+11% 12 mo to Jun 2024recorded Jun 2024
17 yr2009
—No postings tracked
50 of 7,433 companies shown here · the full list is on Radar
Fliar Radar

Explore all 7,433 healthtech companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open healthtech in India on Radar
  • Every company, not just 50All 7,433 healthtech companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore healthtech companies in India by what you are looking for

Browse top healthtech companies in India, from doctor booking and telemedicine to fitness and diagnostics. Find healthtech startups in India and healthtech companies that are hiring.

9 ways to explore healthtech in India

Doctor booking, telemedicine & online pharmacyHealthcare IT & hospital softwareFitness & wellness companiesChronic care, wearables & medical devicesDiagnostics, labs & life sciences techOnline health information & employee wellness

Doctor booking, telemedicine & online pharmacy

Platforms to book doctors, consult online and order medicines.

  1. Apollo 24|7

    Provider of an online pharmacy with doctor consultation & appointment booking

    Healthcare booking platforms
    See in list
  2. API Holdings

    Digital healthcare management tool

    Healthcare booking platforms
    See in list
  3. MedPlus

    Web/mobile platform to order for general & prescription based medicines

    Healthcare booking platforms
    See in list
  4. Optum

    Provider of integrated healthcare services encompassing care delivery, financial solutions, and pharmacy services

    Employee health it
    Website
  5. Bright LifeCare

    Manufacturer of nutritional supplements and health and wellness products

    Healthcare booking platforms
    See in list

Healthcare IT & hospital software

Hospital information systems, clinical software and healthcare IT providers.

  1. Medikabazaar

    Online marketplace for medical supplies, equipment, and devices catering to healthcare providers

    Healthcare it
    See in list
  2. Lippincott Gurukul

    E-learning platform for healthcare professionals

    Continued learning
    See in list
  3. SMC India

    Provider of IoT-based facility management solutions for hospitals

    Healthcare it
    See in list
  4. PregSafe

    Software tool for prenatal screening management

    Healthcare it
    See in list
  5. DentalKart

    Online marketpalce offering dental supplies for healthcare professionals and individuals

    Healthcare it
    See in list

Fitness & wellness companies

Fitness apps, supplements, nutrition and mental wellness platforms.

  1. Ultrahuman

    Provider of wearable health trackers and metabolic monitoring hardware devices

    Consumer electronics e-commerce
    See in list
  2. Cult.fit

    Provider of fitness memberships encompassing group classes, gyms, and at-home workouts

    Fitness & wellness tech
    See in list
  3. FitCircle

    AI powered fitness companion offering training and nutrition plans

    Fitness & wellness tech
    See in list
  4. Wellversed

    Provider of health, nutrition, and fitness-supplement brand

    Online grocery
    Website
  5. TheHealthSite

    Online platform that provides content related to health, fitness and beauty

    Internet first media
    Website

Chronic care, wearables & medical devices

Disease management, monitoring devices and wearable health trackers.

  1. Medtronic

    Developer of continuous glucose monitoring device for diabetic patients

    Disease self management
    See in list
  2. Ultrahuman

    Provider of wearable health trackers and metabolic monitoring hardware devices

    Consumer electronics e-commerce
    See in list
  3. Arcatron

    Provider of assisted mobility and elderly care devices

    Assistive tech
    See in list
  4. Vissco

    Provider of mobility assisting devices and pain management solutions

    Orthopedics
    Website
  5. Palred

    Provider of wearable earphones and accessories

    Wearable technology
    Website

Diagnostics, labs & life sciences tech

Laboratory software, diagnostics, genomics and pharma technology.

  1. GOBIOM Biomarker

    Provider of biomarker database

    Life sciences tech
    Website
  2. Qure.ai

    Provider of AI-powered solutions for medical image analysis and reporting

    Clinical labs it
    See in list
  3. MAX Lab

    An online diagnostic service provider offering lab tests through its network of pathology and diagnostic centers

    Healthcare booking platforms
    Website
  4. Orange Health

    Chains providing at-home diagnostic testing and health checkup services

    Clinical laboratory chains
    Website
  5. Samplify

    Providing seamless sample collection and management services to hospitals and diagnostic centers

    Life sciences tech
    Website

Online health information & employee wellness

Health content portals and employee health benefit platforms.

  1. Health Shots

    Provider of an online health information platform for multiple health disorders

    Online health information
    See in list
  2. Practo

    Online platform for booking doctor appointments and consulting healthcare professionals

    Employee health it
    See in list
  3. Visit Health

    Operator of a platform providing wellness and outpatient healthcare benefit solutions

    Hrtech
    See in list
  4. OnSurity

    Provider of a monthly subscription-based employee healthcare platform offering group health benefits

    Hrtech
    Website
  5. TheHealthSite

    Online platform that provides content related to health, fitness and beauty

    Internet first media
    Website

Healthtech startups in India

Newer healthtech companies founded in recent years.

  1. M-Swasth

    Online platform offering multiple healthcare services

    Healthcare booking platforms
    See in list
  2. LivLong

    Provider of doctor consultations, lab tests, health plans, and home care

    Healthcare booking platforms
    Website
  3. Habuild

    Provider of live and virtual sessions focused on yoga and wellness

    Fitness & wellness tech
    Website
  4. sugar.fit

    Provider of diabetes care and reversal programs

    Wearable technology
    Website
  5. EPC Tech

    Digital business management and marketing platform for doctors

    Healthcare it
    Website
1512 companies in India

Healthtech companies hiring in India

Healthtech companies currently hiring.

  1. Apollo 24|7

    Provider of an online pharmacy with doctor consultation & appointment booking

    Healthcare booking platforms
    See in list
  2. API Holdings

    Digital healthcare management tool

    Healthcare booking platforms
    See in list
  3. MedPlus

    Web/mobile platform to order for general & prescription based medicines

    Healthcare booking platforms
    See in list
  4. IKS Health

    Provider of healthcare technology and services for revenue cycle management and clinical support

    Healthcare it
    See in list
  5. Medtronic

    Developer of continuous glucose monitoring device for diabetic patients

    Disease self management
    See in list
48 companies in India

Listed healthtech companies in India

Publicly listed healthtech companies.

  1. IKS Health

    Provider of healthcare technology and services for revenue cycle management and clinical support

    Healthcare it
    See in list
  2. Sastasundar Ventures

    Online digital platform for medical services and counselling

    Healthcare booking platforms
    See in list
  3. Hester Biosciences

    Manufacturer of animal vaccines and healthcare products

    Veterinary healthtech
    See in list
  4. DentalKart

    Online marketpalce offering dental supplies for healthcare professionals and individuals

    Healthcare it
    See in list
  5. Lytus Technologies

    Provider of media, entertainment, healthtech, fintech, cloud, and cybersecurity solutions

    Healthcare it
    See in list
18 companies in India
Mobile reach

Top 10 healthtech apps from India

The most-installed Android apps published by healthtech companies headquartered in India — 231.2M installs between them. 1,050 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

PharmEasy - Healthcare App

by PharmEasy

Installs43.1M
Rating4.33832K ratings
Installs, year on year+17%
Last updatedMay 2026
View on Google Play ↗
PharmEasy - Healthcare App screenshot 1PharmEasy - Healthcare App screenshot 2PharmEasy - Healthcare App screenshot 3PharmEasy - Healthcare App screenshot 4PharmEasy - Healthcare App screenshot 5PharmEasy - Healthcare App screenshot 6
2

Healthify: AI Diet & Fitness

by HealthifyMe

Installs42.4M
Rating4.28569K ratings
Installs, year on year+10%
Last updatedJun 2026
View on Google Play ↗
Healthify: AI Diet & Fitness screenshot 1Healthify: AI Diet & Fitness screenshot 2Healthify: AI Diet & Fitness screenshot 3Healthify: AI Diet & Fitness screenshot 4Healthify: AI Diet & Fitness screenshot 5Healthify: AI Diet & Fitness screenshot 6
3

Apollo 247 - Health & Medicine

by Apollo 24|7

Installs36.9M
Rating4.43664K ratings
Last updatedJun 2026
View on Google Play ↗
Apollo 247 - Health & Medicine screenshot 1Apollo 247 - Health & Medicine screenshot 2Apollo 247 - Health & Medicine screenshot 3Apollo 247 - Health & Medicine screenshot 4Apollo 247 - Health & Medicine screenshot 5Apollo 247 - Health & Medicine screenshot 6
4

Driefcase ABHA, Health Records

by DRiefcase

Installs21.2M
Rating3.8493K ratings
Last updatedMay 2026
View on Google Play ↗
Driefcase ABHA, Health Records screenshot 1Driefcase ABHA, Health Records screenshot 2Driefcase ABHA, Health Records screenshot 3Driefcase ABHA, Health Records screenshot 4Driefcase ABHA, Health Records screenshot 5Driefcase ABHA, Health Records screenshot 6
5

Truemeds-Medicine Delivery App

by Truemeds

Installs19.2M
Rating4.46573K ratings
Installs, year on year+55%
Last updatedMay 2026
View on Google Play ↗
Truemeds-Medicine Delivery App screenshot 1Truemeds-Medicine Delivery App screenshot 2Truemeds-Medicine Delivery App screenshot 3Truemeds-Medicine Delivery App screenshot 4Truemeds-Medicine Delivery App screenshot 5Truemeds-Medicine Delivery App screenshot 6
6

cult.fit Gym Workout & Fitness

by Cult.fit

Installs16.3M
Rating4.53141K ratings
Installs, year on year+13%
Last updatedMay 2026
View on Google Play ↗
cult.fit Gym Workout & Fitness screenshot 1cult.fit Gym Workout & Fitness screenshot 2cult.fit Gym Workout & Fitness screenshot 3cult.fit Gym Workout & Fitness screenshot 4cult.fit Gym Workout & Fitness screenshot 5cult.fit Gym Workout & Fitness screenshot 6
7

Practo: Doctor Appointment App

by Practo

Installs15.6M
Rating4.43276K ratings
Installs, year on year+16%
Last updatedMay 2026
View on Google Play ↗
Practo: Doctor Appointment App screenshot 1Practo: Doctor Appointment App screenshot 2Practo: Doctor Appointment App screenshot 3Practo: Doctor Appointment App screenshot 4Practo: Doctor Appointment App screenshot 5Practo: Doctor Appointment App screenshot 6
8

Eka Care: Records, Trackers

by Eka Care

Installs13.5M
Rating4.791K ratings
Last updatedMar 2026
View on Google Play ↗
Eka Care: Records, Trackers screenshot 1Eka Care: Records, Trackers screenshot 2Eka Care: Records, Trackers screenshot 3Eka Care: Records, Trackers screenshot 4Eka Care: Records, Trackers screenshot 5Eka Care: Records, Trackers screenshot 6
9

Pro Gym Workout -Gym & Fitness

by FitCraft

Installs11.6M
Rating4.780K ratings
Last updatedApr 2026
View on Google Play ↗
Pro Gym Workout -Gym & Fitness screenshot 1Pro Gym Workout -Gym & Fitness screenshot 2Pro Gym Workout -Gym & Fitness screenshot 3Pro Gym Workout -Gym & Fitness screenshot 4Pro Gym Workout -Gym & Fitness screenshot 5Pro Gym Workout -Gym & Fitness screenshot 6
10

StepSetGo: Step Into Rewards

by StepSetGo

Installs11.4M
Rating4.08282K ratings
Installs, year on year+5%
Last updatedJun 2026
View on Google Play ↗
StepSetGo: Step Into Rewards screenshot 1StepSetGo: Step Into Rewards screenshot 2StepSetGo: Step Into Rewards screenshot 3StepSetGo: Step Into Rewards screenshot 4StepSetGo: Step Into Rewards screenshot 5StepSetGo: Step Into Rewards screenshot 6
The business behind the activity

HealthTech financials in India

Revenue, profit and growth from the filed annual accounts of 1692 healthtech companies in India for FY24-25 — 2,283 of the 7,433 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 37% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹46,050.13 cr

1692 companies filing accounts

combined net profit−₹2,970.50 cr

-6.5% aggregate margin

are profitable41%

700 of 1692 companies

median revenue~₹86 lakh

the typical company

median revenue growth+17%

into FY24-25

earned by the top five37%

revenue concentration

Six-year view

Combined revenue of filing companies

₹12,451.29 crFY19-201101 filers
₹13,199.41 crFY20-211279 filers
₹24,643.34 crFY21-221468 filers
₹33,051.59 crFY22-231628 filers
₹40,865.09 crFY23-241714 filers
₹46,050.13 crFY24-251692 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 1325 companies over three years

+35%
FY22-23₹31,461.25 cr−₹9,094.29 cr net
FY23-24₹37,229.43 cr−₹4,701.93 cr net
FY24-25₹42,438.62 cr−₹2,699.00 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr87725% profitable
₹1–10 cr50255% profitable
₹10–100 cr25368% profitable
₹100–1,000 cr5262% profitable
Over ₹1,000 cr850% profitable

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking513
0–20%278
20–50%219
50–100%166
Doubled+337

1513 companies with accounts for both years; median growth +17%.

Profitability

Profit is concentrated at the top

700profitable
987loss-making
-6.5%aggregate margin
-5.8%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
GabitBETTERLIFE HORIZONS PRIVATE LIMITED+968%₹40.07 cr
CureBayCUREBAY TECHNOLOGIES PRIVATE LIMITED+508%₹13.24 cr
Clinics On CloudSEHATPRO TECHNOLOGIES PRIVATE LIMITED+479%₹17.38 cr
Fire BolttBOLTT GAMES PRIVATE LIMITED+440%₹136.50 cr
JVS GroupJVS TECHNOLOGIES PRIVATE LIMITED₹18.92 cr
FundlyARDOUR ANALYTICS PRIVATE LIMITED+359%₹30.07 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Lifecraft.healthcareLIFECRAFT HEALTHCARE PRIVATE LIMITED84.8%₹13.27 cr
MiimansaMIIMANSA AI SYSTEMS PRIVATE LIMITED63.2%
iDDMEDLIX HEALTH SOLUTIONS PRIVATE LIMITED₹20.93 cr
HabuildHABUILD HEALTHTECH PRIVATE LIMITED50.9%₹111.63 cr
Maverick SimulationMaverick Simulation Solutions Limited34.4%
IKS HealthInventurus Knowledge Solutions Limited33.6%₹988.40 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Healthcare booking platforms454₹20,180.13 cr~₹1.2 cr42%-12.0%
Healthcare it491₹6,491.13 cr~₹90 lakh43%-4.5%
Life sciences tech58₹3,286.26 cr~₹2.1 cr67%-6.3%
Disease self management102₹2,887.22 cr~₹12 lakh23%1.1%
Nutraceuticals tech6₹2,133.64 cr~₹8.0 cr50%6.1%
Fitness & wellness tech168₹2,113.84 cr~₹63 lakh40%-1.1%
Continued learning5₹1,191.36 cr~₹6.6 cr25%-0.6%
Veterinary healthtech24₹1,124.84 cr~₹2.3 cr88%14.8%
Leaders

Largest healthtech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Apollo 24|7APOLLO HEALTHCO LIMITED₹9,098.60 cr₹48.10 cr0.5%+16%
MedtronicINDIA MEDTRONIC PRIVATE LIMITED₹2,669.84 cr₹136.79 cr5.1%+15%
1mg LabsTata 1mg Healthcare Solutions Private Limited₹2,019.69 cr−₹341.81 cr-16.9%+17%
GoapptivGOAPPTIV PRIVATE LIMITED₹1,580.63 cr−₹3.93 cr-0.2%+39%
Dr.MorepenMOREPEN LABORATORIES LIMITED₹1,570.25 cr₹101.58 cr6.5%+1%
Indian ImmunologicalsINDIAN IMMUNOLOGICALS LIMITED₹1,513.08 cr₹469.88 cr31.1%+8%
Ascent Health & Wellness SolutionsASCENT WELLNESS AND PHARMA SOLUTIONS PRIVATE LIMITED₹1,372.95 cr−₹247.01 cr-18.0%+4%
Lippincott GurukulWolters Kluwer India Pvt Ltd₹1,176.80 cr——+26%
IKS HealthInventurus Knowledge Solutions Limited₹988.40 cr₹331.95 cr33.6%+9%
MedikabazaarBOSTON IVY HEALTHCARE SOLUTIONS PRIVATE LIMITED₹974.67 cr−₹437.60 cr-44.9%-14%
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Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Healthtech Industry Landscape of India

The financials above are one chapter. The full healthtech landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the healthtech landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

HealthTech funding and M&A across India

2,606 recorded equity rounds have gone to 11,120 healthtech companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months66

US$364.18m

equity rounds, last 24 months216

US$689.43m

raised over five yearsUS$5.35bn

1,255 rounds in India

M&A deals, India49

last 24 months

Capital by year

Equity funding into healthtech in India

amount rounds
$516m2018188
$625m2019207
$562m2020236
$2.3bn2021307
$1.0bn2022300
$403m2023254
$965m2024225
$267m2025128
$327m202641

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2021, with US$2.35bn across 307 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$63.31m257 rounds · median US$114k
SeedUS$581.29m745 rounds · median US$340k
Series AUS$795.21m155 rounds · median US$4.03m
Series BUS$637.07m50 rounds · median US$12.00m
Series CUS$704.17m20 rounds · median US$26.61m
Series D+US$2.13bn25 rounds · median US$53.00m
Private equityUS$297.01m1 rounds · median US$297.01m
Where the money went · five years

Most-funded sub-sectors

Healthcare booking platformsUS$2.96bn311 rounds · 141 companies
Fitness & wellness techUS$553.41m125 rounds · 61 companies
Healthcare itUS$473.29m267 rounds · 138 companies
Healthcare payer techUS$137.00m24 rounds · 10 companies
HrtechUS$131.71m33 rounds · 13 companies
Clinical labs itUS$110.98m18 rounds · 9 companies
Consumer electronics e-commerceUS$98.29m10 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

47Acquisition
1Buyout
1Completed

Most active acquirers

  1. Eli Lilly and Company6
  2. Iks health6
  3. Foresight group3
  4. Vasa Denticity Limited2
  5. PB Healthcare Services2

Most acquired or merged

  1. Eli Lilly and Company5
  2. Upakarma ayurveda2
  3. IDS Denmed2
  4. Trubridge, inc2
  5. ThinkDTM2

Each deal appears in the events strip at the top of the page.

HealthTech funding in India

730 healthtech companies in India have recorded equity funding, US$7.20bn in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind healthtech companies in India. 3,663 of 7,433 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India healthtech companies by sub-sector

The most common specialisations among healthtech companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring healthtech in India and nearby markets.

Coming soon