As of 2023, Practo emerged as the leader in telemedicine funding in India, securing a total of approximately 251 million U.S. dollars. Following closely behind was 1mg with a total funding of about 230 million dollars. Forecasts indicate that the telemedicine sector in the country is expected to grow at a compound annual growth rate (CAGR) of 21 percent, reaching a value of over five billion dollars by 2030.
Funding raised by leading telemedicine companies in India as of 2023
( in million U.S. dollars)
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LoEstro. (July 11, 2023). Funding raised by leading telemedicine companies in India as of 2023 ( in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1465834/india-funding-raised-by-telemedicine-companies/
LoEstro. "Funding raised by leading telemedicine companies in India as of 2023 ( in million U.S. dollars)." Chart. July 11, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1465834/india-funding-raised-by-telemedicine-companies/
LoEstro. (2023). Funding raised by leading telemedicine companies in India as of 2023 ( in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1465834/india-funding-raised-by-telemedicine-companies/
LoEstro. "Funding Raised by Leading Telemedicine Companies in India as of 2023 ( in Million U.S. Dollars)." Statista, Statista Inc., 11 Jul 2023, https://www.statista.com/statistics/1465834/india-funding-raised-by-telemedicine-companies/
LoEstro, Funding raised by leading telemedicine companies in India as of 2023 ( in million U.S. dollars) Statista, https://www.statista.com/statistics/1465834/india-funding-raised-by-telemedicine-companies/ (last visited December 21, 2024)
Funding raised by leading telemedicine companies in India as of 2023 ( in million U.S. dollars) [Graph], LoEstro, July 11, 2023. [Online]. Available: https://www.statista.com/statistics/1465834/india-funding-raised-by-telemedicine-companies/