India has ranked fourth globally for healthtech investments by venture capitalists (VCs) since 2016, new data from London & Partners and Dealroom.co shows. Healthtech startups in the US have attracted $31.9 billion in 2021 till date, followed by healthtech startups in China, which attracted $4.1 billion. Healthtech investments by VCs in the UK have grown nine times since 2016, the data showed, with healthtech startups in the UK raising just $420 million in 2016 from VCs. Healthtech investments by VCs in India, meanwhile, have surged 10 times over the last five years. The UK and India are currently among the fastest growing destinations for healthtech investments, the report said.

Source: Mint November 26, 2021 02:27 UTC