Healthcare tech is hot for venture capitalists
Wednesday, January 22, 2014
From wearables like wristbands that keep track of your physical activity to wireless weighing machines that help you track your weight fluctuations, technology is getting into healthcare with an eye firmly on the consumer.
The trend in far greater in the US, but healthcare influenced by information technology (HIT) is a niche that’s seeing increased activity in India, too.
This is indicated by the large number of deals in this segment, observed Raj Prabhu, co-founder of Mercom Capital Group, a global consulting and communications firm.