health-tech startups: VCs go deep on single-specialty healthcare with orthopaedics, pain relief bets
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Venture capital investors are betting big on single-specialty healthcare startups like orthopaedics and pain relief.
- ✓Bengaluru-based Lumov, which makes orthotic products, is in talks to raise Rs 32 crore in a round led by Peak XV Partners.
- ✓Many investors now prefer these niche areas over broader sectors like oncology and nephrology.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Economic Times
- Reading Speed
- 1 Minute(s)
- Market Focus
- India Economy
The trend is reflected in several recent funding deals. Bengaluru-based Lumov, which makes orthotic products, is in talks to raise Rs 32 crore in a round led by Peak XV Partners, according to people familiar with the matter. The round will likely include the founders of Minimalist and Mokobara, as well as early-stage VC firm Panthera Peak Ventures, sources said.
Venture capital investors are deepening their bets on single-specialty healthcare, moving beyond oncology and nephrology to areas such as pain management, physiotherapy, and orthotic products.The trend is reflected in several recent funding deals. Bengaluru-based Lumov, which makes orthotic products, is in talks to raise Rs 32 crore in a round led by Peak XV Partners, according to people familiar with the matter. The round will likely include
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Economic Times
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