BENGALURU: Pune has largely been favoured as the hub for healthcare and health tech start-ups in the country. The number of successful health startup in Pune includes – Medsonway: Delivers medicines, Docplexus: A doctor's network, Allizhealth: Allows people to store their health data, and Medifee: provides pricing information on tests and hospital procedures.

This preference of Pune over other cities for such health related establishments does not just stop with start-ups. Both Infosys and Syntel have their healthcare head office in Pune. There are also institutes like Symbiosis Institute of Health Sciences and Ashtang Ayurveda that ensure access to experts with domain knowledge and expertise.

The main reason for choosing Pune seems to be the availability of skilled human resource. With its highly acclaimed medical, technology and management institutions, Pune has richly talented professionals and student force and thus creates demand for services.

However, one of the key challenges for start-ups in Pune is funding. Investors seem to be reluctant to invest in smaller start-ups in Pune while there are bigger prospects  available from cities such as Bengaluru, Mumbai and Chennai.

Although many see the lack of funding as a big issue, there are those who consider this to be a positive for Pune. “There is a lot of noise in other cities; we wanted to do our groundwork and Pune provided the best environment to do that and stay under the radar. Pune lacks investor attention, but its better this way - it helps companies focus on the basics and bootstrap. Investors will get involved only when they really want to invest,” said Abhijit Gupta, CEO of Praxify Technologies, as reported Priyanka Sangani, ET Bureau.

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