Report

TechEmerge India Health Impact Report

September 11, 2019

TechEmerge is an award-winning program that accelerates the adoption of technologies in emerging markets to drive sustainable innovation in sectors critical for economic and social development. It does this by matching innovative tech companies from around the world with local corporates and other organizations in emerging markets to conduct pilot projects and build commercial partnerships. Created by IFC, TechEmerge’s inaugural program targeted the health sector in India. This publication examines the rationale, process, and impact of this groundbreaking program.

From late 2015 to early 2018, TechEmerge’s multi-step curation process matched high-performing tech companies with India’s top private healthcare providers serving urban and rural patients countrywide. TechEmerge partners conducted 20 pilot projects to address clinical and operational gaps, with technologies enabling rapid diagnosis of cardiac patients in remote areas, portable, affordable screening for cervical cancer, a mobile app for better diabetes management, and more.

The report sets out TechEmerge’s on-the-ground local needs assessment, its matchmaking process backed by a network of expert advisors, and ongoing support during pilot implementation. Project snapshots give an in-depth look at the TechEmerge experience and results. It also examines lessons learned that informed TechEmerge’s Brazil health program launched in 2017, its new Africa program, and work in future sectors and locations.

Highlights include:

  • Over 20 Indian healthcare providers operating in 400+ locations participated in TechEmerge, and it attracted 330 applications from tech companies in 29 countries.
  • TechEmerge matched 17 innovators with 15 local healthcare providers. They completed 20 pilot projects at 70 clinical sites, reaching 18,000 patients.
  • To date, 22 commercial contracts worth almost $1 million have been signed by TechEmerge innovators. These contracts are expected to benefit more than 300,000 people each year.
  • More than $14.5 million in financing was raised by innovators during the program. One innovator was acquired for $102 million.