IVCA, Quadria Capital to host India Healthcare Leadership Summit 2017 on December 7 at Taj Lands End Hotel, Mumbai
Indian Private Equity and Venture Capital Association (IVCA) in association with Quadria Capital, will be presenting 'India Healthcare Leadership Summit 2017' on December 7, at the Taj Lands End Hotel in Mumbai. The aim of this event is to discuss and understand the domestic fund raising and investment environment in Indian healthcare system.
The key highlight of the event will be the report launch and presentation on changing healthcare delivery by IQVIA formerly Quintiles IMS. There is also a strong line-up of panel discussions on the evolving healthcare regulatory landscape, the next level of growth in pharmaceutical industry, value creation in healthcare from investors’ perspective and contribution of startups in redefining the healthcare service model.
Industry experts, professionals and leaders from country’s leading private equity fund houses, healthcare companies, hospitals, pharma companies, consulting ventures and tax firms will put forth their views at the event.
According to Dr Amit Varma, Managing Partner of Quadria Capital, Indian healthcare is at an inflexion point, both for entrepreneurs and specialist investors like Quadria Capital, given the favourable long-term macro fundamentals and large demand-supply gap. We are excited to collaborate with IVCA to bring together industry leaders, emerging healthcare companies and members of the investment community. The summit will focus on reviewing the opportunities and challenges facing the industry, and discussing strategies that are needed to thrive in this new era of unprecedented disruption and uncertainty.
The Indian healthcare industry is one of the fastest growing sectors where the total industry size is expected to touch $160 billion by end of this year. It is expected to reach $ 280 billion by 2020, putting India among the top three global healthcare markets.
Karthik Reddy, Managing Partner of Blume Ventures said that healthcare models are evolving rapidly with the new found ability to provide patients with data-enabled insights and treatments. We are seeing a steady stream of interesting entrepreneurs and models come our way at early stage venture and the forum is timely in its platform to have a dialogue between all leading stakeholders.
Alternative Investment Funds (AIFs) and foreign investments have played a very important role in building up the healthcare infrastructure, providing better healthcare facilities and generate employment at the same time. While the healthcare sector is growing at a tremendous pace, it accounts for only 1.1% of the GDP spend. It needs a massive investment boost from the private and foreign sector to bridge the spending gap.
“Over the last decade healthcare industry has seen a growth of almost 12-14%, whereas the growth rate can and should be much more. At IVCA, we are setting up a platform for the overall healthcare industry to get together and discuss aspects from around regulatory landscape, generics, biosimilars, investor perspective on healthcare delivery and healthcare startups. With this, we aim output driven discussions on relevant and burning issues, looking forward for a great event”, said Rajat Tandon, President, IVCA.