Healthtech Landscape of Mumbai
723 Healthtech companies in Mumbai, in one picture: who is hiring, who is raising money, who founded them, what the news is about, which skills employers want and where the research is going. Updated August 2026.
Who leads Healthtech in Mumbai
Shows the top healthtech firms in Mumbai by size, funding, hiring activity and media coverage; 723 companies are tracked, with 79 currently hiring and 95 having disclosed recent funding.
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Neulife10last posted May 2026
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Cochlear9last posted Aug 2026
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Medtronic8last posted Aug 2026
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Truemeds7last posted Aug 2026
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CLIRNET6last posted Aug 2026
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FOLKS6last posted Aug 2026
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HaystackAnalytics6last posted Jul 2026
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MindWise Technologies5last posted Jun 2026
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API Holdings$1.2BSeries F · Apr 2024
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PharmEasy$886.9MConventional Debt · Sep 2025
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Medikabazaar$185.1MSeries D · Apr 2022
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Qure.ai$127MGrant (prize money) · Jan 2026
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Karkinos$58.2MSeries B · May 2022
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MediSponsor$50MSeries C · Jun 2020
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Pharmapoint$32.5MFY2018 filing
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Arkray$21.9MFY2023 filing
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Illusion Dental Laboratory$20.5MFY2024 filing
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Makeo$19Msnapshot Mar 2025
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Health Prime Services (India) Pvt.$18.6MFY2024 filing
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INOX Air Products1,250tracked employees
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Alfaa UV416tracked employees
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Lytus Technologies4.3%13 tracked events
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Amaha26articles in the window
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See all 723 Healthtech companies in Mumbai
Filter by funding, headcount, hiring and location, and export the list.
How the Healthtech ecosystem in Mumbai grew, 2016–2025
Displays the annual count of new healthtech companies founded from 2016 to 2025, highlighting a peak of 77 startups in 2020 and only 9 in 2025.
The Healthtech market map of Mumbai: what these companies actually do
Breaks down the product categories these firms develop and their revenue models, noting the largest groups such as consumer digital (361) and the most common model being subscription (329).
- Consumer Digital361 companies · $1.8B raised · 33 hiring
- Enterprise Tech297 companies · $1.8B raised · 42 hiring
- Enterprise Software133 companies · $1.4B raised · 20 hiring
- B2C E-Commerce132 companies · $2.2B raised · 6 hiring
- SaaS91 companies · $1.3B raised · 18 hiring
- Life Sciences90 companies · $630.3M raised · 10 hiring
- Healthtech SaaS80 companies · $1.3B raised · 14 hiring
- Loneliness Economy35 companies · $23.5M raised · 6 hiring
- Online Supplement Stores25 companies · $2M raised
- At Home Diagnostics21 companies · $8.5M raised · 4 hiring
- Hospital at Home20 companies · $15.6M raised · 2 hiring
- In Vitro Diagnostics18 companies · $48.5M raised · 4 hiring
Monetization
How Healthtech companies make money
How many companies earn revenue each way. Plenty use more than one model, so the counts add up to more than the sector.
Funding, M&A and the deals moving Healthtech in Mumbai
Lists 187 corporate events over the past two years, including key‑person changes (47), funding rounds (34), earnings releases (29) and mergers or acquisitions (21).
- IPOIndustrial and medical gas maker INOX Air Products is planning to launch a $1 billion initial public offering in Mumbai, and has appointed Kotak, JPMorgan and Citi to manage the IPO2026-03-31
- FundingMental health startup Amaha (formerly InnerHour) has raised Rs 50 crore in an extended Series A round led by Fireside Ventures.2026-03-30
- FundingIn AI-led services, Qure.AI secured a grant from the Gates Foundation for its medical imaging solutions.2026-03-29
- FundingMedikabazaar, a prominent online B2B medical supply platform, is actively seeking to raise $50 million to propel its growth trajectory, particularly in digital innovation.2026-02-19
- M&ADental tech startup toothsi’s parent makeO has signed an agreement to acquire Singapore-based oral care brand Zenyum for an undisclosed amount.2026-02-10
- M&AThe sale of Lotus Surgicals to Tube Investments and Premji Invest;2026-02-10
- IPOPharmEasy (API Holdings Ltd.) remains in balance-sheet repair mode after withdrawing its planned ₹6,000+ crore IPO, though it continues to attract long-term interest in the digital healthcare space.2025-11-04
- FundingNeulife, a Mumbai-based performance nutrition company, has raised $1 million in seed funding co‑led by Subhkam Ventures and Singularity Ventures, with participation from Sunicon Ventures, Cosma Ventures, and select HNIs.2025-10-27
- FundingApricot, an Oklahoma–based AI-native documentation platform for post-acute care, has raised a Series A funding round.2025-10-02
- FundingIn April 2022, Truemeds had raised $22 million in a funding round led by Westbridge Capital and participation from existing investors.2025-08-19
Mergers and acquisitions
Deals from the last 24 months where a Healthtech company in Mumbai was the buyer or the one bought, newest first. “Undisclosed” means the price was never published — not that the deal was worth nothing.
| Acquirer | Target | Deal value | Status | Date |
|---|---|---|---|---|
| undisclosed | Announced | 2026-02-28 | ||
| Tube Investments and Premji Invest | undisclosed | — | 2026-02-10 | |
| undisclosed | Announced | 2026-02-10 | ||
| undisclosed | Announced | 2025-08-16 | ||
| undisclosed | Announced | 2025-07-18 | ||
| $150M | Completed | 2025-06-30 |
Who is listing, hiring leaders, launching and winning work
Provides details on notable events like IPO filings, leadership transitions, product launches and contract wins among the tracked companies.
Applied BioscienceFollow-on Offering · NASDAQ · APBI · 2 reportsFeb 2025
Adeshwar MeditexIPO · 1 reportJan 2025
Hemant Surgical IndustriesIPO · 1 reportJan 2025
TranspactIPO · 1 reportJan 2025
KMSIPO · 1 reportJan 2025
- Vivek Tiwari v medikabazaar, healthquad, creaegis, ackermans & van haarenalleged wrongful termination and coercion · OngoingApr 2025
- healthquad, creaegis, ackermans & van haaren v medikabazaarfinancial misreporting and indemnity claim · OngoingApr 2025
Half of these companies grew revenue faster than +5.0%, half slower.
Who is building Healthtech in Mumbai
API Holdings, Ascent Health & Wellness Solutions. Dwarkadas J Sanghvi College of Engineering, University of Mumbai BE 2010…
Qure Ai, ex-Fractal Analytics, ex-Imagna Analytics, Georgia Institute of Technology, 2016
Ex-Abbott, Panacea Biotec, UCB, Boehringer Ingelheim · K.J.Somaiya Medical College MBBS 2007, Thunderbird School of Global Management MBA 2011
Partner-Aanshi Healthserv · Founder & Chief Investment Officer Tvisha Capital, Co-Founder Karkinos Healthcare, Partner TDK & Co…
CEO Rosnil Technology, SAHEBA, ARP Webon, Shilpin, ex- Navi Mumbai Municipal Corporation Hospital. DPU MBBS, IIM Kozhikode MBA
Founder & CEO-Lytus · Ex-DLA Piper, KPMG · University of Mumbai LLB 1992, Harvard Law School LLM 1997
Famy Care Ltd Mumbai
IMHA, Librum, India Art Fair. Lady Shri Ram College For Women BS 2001, University of the Arts, London MM 2006
University of Mumbai PhD 2013
- flagged as repeat founders9
- no repeat-founder flag502
- women81
- men376
Look up the people behind Healthtech companies in Mumbai
Search founders, executives and operators by company, role and location.
Who funds Healthtech in Mumbai
Identifies the investors active in Mumbai healthtech, recording 270 funding rounds since 2016 from 1,128 investors with a typical round size of $301 k.
| Investor · most active investors since 2016 | Rounds | Led | Latest |
|---|---|---|---|
| SINE | 25 | 18 | Dec 2024 |
| Temasek | 7 | 5 | Apr 2024 |
| HealthQuad | 7 | 4 | Sep 2024 |
| Richard Benny | 6 | 3 | Nov 2020 |
| Think Investments | 6 | 1 | Aug 2021 |
| Salim Pyarali Govani | 5 | 5 | Sep 2019 |
| Rebright Partners | 5 | 3 | Sep 2021 |
| Info Edge Ventures | 5 | 3 | Mar 2025 |
| Brigitta Czink | 5 | 2 | Mar 2019 |
| LetsVenture | 5 | 2 | Dec 2021 |
The typical round is $301k — half were bigger, half smaller.
The biggest Healthtech funding rounds in Mumbai
Highlights the biggest disclosed funding deals, including API Holdings' $437.3 M Series E round, and lists ten other large recent investments.
| Company | Round | Size | When | Backers |
|---|---|---|---|---|
| Series Emega-round | $437.3M | Aug 2021 | Astarc Ventures, RISA Partners, Naspers +11 more | |
| Series Fmega-round | $300M | Jun 2021 | Temasek, TPG, Prosus +3 more | |
| Series D | $231.1M | Mar 2021 | Prosus, TPG, Temasek +11 more | |
| Series E | $226.7M | Oct 2021 | Prasid Uno Family Trust, sanne, Orbimed +8 more | |
| Series D | $220M | Nov 2019 | Temasek, Bessemer Venture Partners, Orios Venture Partners +13 more | |
| Series F | $216M | Apr 2024 | Temasek, Prosus, CDPQ +4 more | |
| Series C | $74M | Nov 2020 | Temasek, LGT Group, Eight Roads Ventures +8 more | |
| Series D | $66.4M | Feb 2021 | Temasek, CDPQ, Timesgroup +2 more | |
| Series C | $66.1M | Sep 2021 | HealthQuad, Ackermans & van Haaren, Rebright Partners +8 more | |
| Series D | $65M | Apr 2022 | HealthQuad, Ackermans & van Haaren, KOIS +5 more |
38 venture rounds with a disclosed amount in the window.
Seed$1MApr 2026
What the news says about Healthtech in Mumbai
Counts 133,157 news articles about the sector in the last year, with coverage focusing on geopolitical disputes, trade issues and related topics.
What the coverage is about
The subjects that dominate Healthtech news in India. The arrow shows whether each one is being written about more or less than a year ago.
- Geopolitical disputes and contested areas300,774▲+33%
- International and transnational geographic entities300,755▲+33%
- Administrative and political subdivisions300,699▲+33%
- International sports competitions110,968→+1%
- International political relations73,297▲+49%
- Political party dynamics64,595▲+13%
- New product launches and innovations59,054▲+30%
- Cricket test matches55,355▲+13%
- Strategic partnerships and collaborations51,048▲+36%
- Trade policies and agreements46,850▲+95%
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28 Healthtech companies here were named in the news over this period.
Watch Healthtech coverage in India as it happens
Prism follows these subjects story by story — which companies are named, what is said about them and how the tone moves.
Momentum
The words getting louder — and quieter
Which terms are showing up in more stories than a year ago, and which are fading. The percentage is the change in how many articles mention them.
The pressures the press keeps returning to
Three recurring angles in India Healthtech coverage, and whether each is getting more attention year on year (through 2025).
Healthtech jobs in Mumbai: who is hiring and what they ask for
Summarizes 546 job postings from 74 employers in the past year, showing top‑required skills and a median advertised salary of $6 k per year.
Demand
The Skills Employers Ask For
What Healthtech employers in Mumbai put in their job ads. The bar is how many postings ask for it; the arrow shows whether demand grew or shrank against the year before.
- sales59▲
- python57▲
- communication50▲
- project management46▲
- communication skills42▲
- sql38▲
- market research34▲
- excel32▲
- git30▲
- java30▲
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12 Healthtech-relevant internships in India were advertised over the same 12 months.
What the research says
The Healthtech research read is national: 3,029 India-affiliated papers, clustered into themes such as Infectious disease and drug resistance, Digital health system gaps, Pharmacogenomics safety concerns, AI reliability in precision care. It is measured at country level, so it is the same signal for every city in India — the full read, with the theme clusters, growth and blind spots, lives on the national page.
Who files Healthtech patents in Mumbai
Reports 456 patent filings between 2016 and 2025 from 47 organizations, with Cipla, Lupin and Schott Kaisha as the leading filers.
- Cipla271
- Lupin119
- Schott Kaisha48
- Wockhardt47
- UPL43
- Kairish Innotech32
- Sun Pharma Advanced Research30
- Biorad Medisys29
Go deeper on Healthtech research and innovation
Research themes, patent activity and the companies commercialising them, in one place.
Track Healthtech in Mumbai beyond this page
Radar finds and filters the companies. Prism watches what is being said about them.
Direct contact details for the people on this page are held in Fliar Radar, behind its own access controls.