mfine, an India-based digital health startup has raised $17.2 million in Series B funding led by SBI Investment, a Japan-based venture capital firm and a subsidiary of the SBI Group. Singapore-based SBI Ven Capital which is SBI Group's Southeast-Asian investment arm and tech-focused global venture capital firm BEENEXT also participated in the round alongside existing investors, Stellaris Venture Partners and Prime Venture Partners. Why mfine?Founded in February 2017 by Ashutosh Lawania (Myntra
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Health IT in India: Providers Expected to Spend $1.1B in 2014
Healthcare providers are expected to spend $1.1 billion dollars on health IT products and services in India, a five percent increase over 2013, according to Gartner. The report forecast includes health IT products and services spending by healthcare providers (includes hospitals and hospital systems, as well as ambulatory service and physicians' practices) on internal services, software, IT services, data center, devices and telecom services.
Key Findings
- IT Services, which includes
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