IAN and HealthStart India Collaborates to Launch Healthcare Accelerator Program
The $100 billion healthcare market in India is expected to grow to $280 billion by 2020, a CAGR of 22.9% and provides an excellent opportunity for innovative ventures to breed and grow with a keen interest from investors to invest.
In its continuous endeavour to work for seed and early stage entrepreneurs, Indian Angel Network, Indian angel network has collaborated with HealthStart India, Indian healthcare incubator to launch the Healthcare Accelerator Program dedicated to supporting startups in healthcare industry through funding, mentorship and other requisite support. Startups can apply now to join the dedicated program that brings together the widest set of investors and mentors to create a unique opportunity for healthcare startups.
Indian Angel Network has been instrumental in shaping India’s entrepreneurial landscape and has played key role in incubating start-ups around the globe and support them through the entire journey from ideation to becoming enterprises and even after that. IAN brings Money, Mentoring and Market Access to create global footprint companies. The $100 billion healthcare market in India is expected to grow to $280 billion by 2020, a CAGR of 22.9% and provides an excellent opportunity for innovative ventures to breed and grow with a keen interest from investors to invest.
Speaking on the announcement, Padmaja Ruparel, President, IAN said, “Health care is a need for everyone catering to a large growing market and provides fertile ground to create disruptive propositions.The time is now to combine smart technologies with medical knowledge for best health outcomes. IAN is delighted to partner with HealthStart to invest and grow innovative companies. We really look forward to best in breed entrepreneurs in this sector to be a part of this one of a kind partnership.”
Elaborating on the partnership, Pradeep K. Jaisingh, Chairman, HealthStart stated, "We are really looking forward to have IAN's active collaboration in our mission to create a lot of successful healthcare start ups in India. Together we want to launch new successful products in the healthcare market.”
Healthcare startups offer potential to improve access, quality and efficiency in the healthcare ecosystem and positively impact patient outcomes and cost across the value chain of health education, prevention, diagnosis, treatment and rehabilitation. A fragmented healthcare system with market opportunity to serve billion plus people in this country offers tremendous opportunity for impact and business. Smart technologies, Innovative business and efficient distribution models are the need of the day to achieve desired healthcare outcomes. The program looks forward to support enterprising entrepreneurs who wish to make India healthy.
Potential startups can apply through the website here.
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