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55% less funding for healthtech businesses in 2022, according to the Tracxn report.

Published On 30 Mar 2023 12:51 PM


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According to research published on Wednesday by market intelligence platform Tracxn, India's overall funding for healthtech startups fell by 55 percent from $3.2 billion in 2021 to $1.4 billion in 2022.

The loss in healthtech funding was primarily attributable to a 75% decrease in late-stage investments from $2.4 billion in 2021 to $606 million in 2022, according to the research.

In 2022, seed-stage funding for the indu....


Tags : intelligence platform Tracxn, healthtech startups, Tracxn data, healthtech business,
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