Global venture capital funding in the healthcare IT sector stood at $1.6 billion by way of 165 deals, including 11 Indian deals worth $61 million. Since 2010, VC funding in the Healthcare IT sector has crossed $20 billion. There were 11 Indian Healthcare IT companies that received VC funding and two M&A transactions in the first quarter of 2017. Digital Health funding is off to a fast start this year and there was no visible ‘Trump effect’ on investments in the sector, at least in the first quarter, and publicly-traded Digital Health companies fared much better in the January- March quarter than last year. Category-wise, healthcare practice-centric companies received 35 per cent of the funding in the first quarter of this year, raising $574 million in 50 deals while consumer-centric companies received 65 per cent of the funding this quarter, bringing in $1 billion in 115 deals.

(Financial Express)