Funding for healthcare innovation in India FY 2019-2024

Published by A. Minhas, Jun 27, 2024
In financial year 2023, the total funding for healthcare innovation in India amounted to approximately 1.6 billion U.S. dollars, distributed across 215 funding deals. This was a notable decline compared to the previous fiscal year, which saw funding peak at around 4.2 billion dollars. Over the years, funding for healthcare innovation in the country has consistently ranged between 1.5 to two billion dollars.

Funding for healthcare innovation in India from financial year 2019 to 2024 (in billion U.S. dollars)

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Release date

March 2024

Region

India

Survey time period

FY 2019 to FY 2024

Supplementary notes

*Value for first three quarters of FY 2024.

India's financial year begins in April and ends in March. For example, FY 2023 started in April 2022 and ended in March 203.

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