Top 10 Indian Startups Powering Healthcare with AI

The Indian healthtech landscape has grown to $7 billion in FY 2023, with projections placing it at $60 billion by FY 2028. The post Top 10 Indian Startups Powering Healthcare with AI appeared first on Analytics India Magazine.

Top 10 Indian Startups Powering Healthcare with AI
Innovaccer Secures $275MInnovaccer Secures $275M

India’s healthcare market, estimated anywhere between $180 and $400 billion, is undergoing a significant shift, and digital health is now one of its fastest-growing engines. Startups are playing a pivotal role in this transformation.

Over the past few years, India’s health-tech segment has expanded from around $3 billion in 2020 to $7 billion in FY 2023, with projections placing it at a massive $60 billion by FY 2028. The ecosystem itself is booming: India now hosts over 10,000 health and life sciences startups recognised by promotion of industry and internal trade department (DPIIT), recording a remarkable 127% CAGR since 2016.

Against this backdrop of scale and innovation, here are the top 10 Indian healthtech startups leading the race.

Niramai
Niramai offers Thermalytix, a non-invasive, radiation-free breast cancer screening system using thermal sensors. Its AI analyses ~4,00,000 temperature points per scan to detect subtle heat signatures associated with tumours, producing a quantitative ‘breast health score’. Their models are trained on large datasets linked to mammograms, ultrasound and histopathology, increasing clinical reliability. Thermalytix is now commercially available in over 22 countries and holds a CE mark.

Qure.ai
Qure.ai builds AI-powered diagnostic tools for medical imaging, including chest X-rays (qXR) and head CT scans (qER), to detect conditions like tuberculosis, lung nodules and haemorrhages. Their deep learning models speed up diagnosis by triaging critical cases in real time, reducing radiologists’ workload. Recently, Qure.ai announced plans to expand to 10,000 hospitals in the coming years.

SigTuple
SigTuple combines robotics and AI via its AI100 platform to digitise microscope slides, including blood smears and urine, and analyse them. Their AI models classify different cell types, detect morphological anomalies and flag abnormalities. The AI100 product is FDA 510(k) approved, and SigTuple holds multiple patents on its AI-based screening tools.

Tricog Health
Tricog Health offers remote cardiac diagnostics. ECGs captured in clinics are uploaded to the cloud, where Tricog’s AI analyses them for over 140 cardiac conditions, like arrhythmias and ST elevation. Its AI-generated report is reviewed by in-house cardiologists to ensure accuracy and speed. As of late 2024, Tricog has enabled diagnostic care for 20 million lives, partnering with organisations like AstraZeneca to scale in underserved regions.

HealthifyMe
HealthifyMe is a digital wellness platform that combines tracked nutrition, fitness and lifestyle with human coaches. Its AI coach ‘Ria’ provides personalised diet and advice on habits, and the company is now embedding generative AI to personalise nutrition plans further. In its latest funding round, it raised $30 million to expand AI capabilities and push into global markets.

Practo
Practo provides a comprehensive healthcare platform for patients and clinics: booking appointments, managing medical records and running clinic software. Their AI supports smart triage, structured patient summaries, and optimised scheduling. Practo is now aiming to double its international revenue (currently ~20%) by expanding into markets like Canada and Australia. 

PharmEasy
PharmEasy is a leading Indian e-pharmacy that also offers diagnostic test bookings. While specific details on AI deployment are not widely publicised, it leverages machine learning for demand forecasting, inventory optimisation and personalised test-and-medicine bundling. The operational efficiency gains from AI help reduce costs, improve delivery times and ensure better availability.

Innovaccer
Innovaccer provides a data platform that aggregates fragmented health records into a unified, AI-enabled system. Their AI predicts care gaps, stratifies patients by risk, automates documentation via NLP, and supports decision-making for care teams. In January, they raised $ 275 million (Series F) to build new AI co-pilots and scale cloud capabilities. 

MedGenome
MedGenome is a genomics company offering genetic testing, sequencing, and bioinformatics. Their AI-driven pipelines interpret genetic variants predict disease risk, and support personalised medicine. Recently, they expanded in India by acquiring a majority stake in Gujarat-based diagnostic chain Green Cross Genetics to strengthen their integrated genomics and  diagnostics footprint. 

Tata 1 mg
Tata 1mg is a full-stack digital healthcare platform offering e-pharmacy, diagnostics, teleconsultations, and wellness content. Since being acquired by Tata Digital, it has built a tighter supply chain stocking medicines in its own warehouses, which has boosted margins and improved quality control. On the tech side, it uses data and AI in its ODIN (Order Delivery Intelligent Network) to manage orders, inventory, quality checks and logistics. ata 1mg is now aggressively expanding offline, aiming for omnichannel reach.

Disclaimer: This list is not a ranking and is not based on any specific metric. The startups featured here are highlighted for their contributions to India’s healthtech ecosystem and their use of AI, not for comparative evaluation.

The post Top 10 Indian Startups Powering Healthcare with AI appeared first on Analytics India Magazine.

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