Wednesday, December 30, 2009

Healthcare sites may see a funding boost - Corporate News - livemint.com

Healthcare sites may see a funding boost - Corporate News - livemint.com: "The nascent healthcare portals industry is up for a funding boost, given its attractiveness for private equity, or PE, and venture capital, or VC, investors, as well as the Unique Identification Number, or UID, project that will collate digital data on the nation’s population.

“The holy grail in this space would be personal medical records,” says Alok Mittal, managing director at VC firm Canaan Advisors Pvt. Ltd, referring to the automation of hospital records, a possibility through the UID project."

Finally, the Indian healthcare industry is maturing ! Given the fact that we do not have any legacy issues, and that we are an IT powerhouse, this is a huge opportunity !

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