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Digital Health Ecosystem Report from Galen Growth and FINN Partners Magnifies Insights for the ‘Digital Health Ecosystem – Asia Pacific Report’

Asia-Pacific Digital Health Market Investment Continues to be Hot

Report Outlines Where Money is Headed – Therapeutic Categories and Technologies and How Asia Can Play a Global Role in Care Innovation

NEW DELHI and SINGAPORE, March 9, 2023 /PRNewswire/ — Galen Growth, the leading digital health, data-driven market intelligence company, and FINN Partners, a global integrated marketing services agency, announced have created the DIGITAL HEALTH ECOSYSTEM – ASIA PACIFIC, 2022 Year-End Report‘. The report examines major shifts and outlines best practices in investment strategies comparing Asia to the world scene examining 250 million data points over 14,000 ventures.

The digital health sector has grown significantly during the past decade. The investment by the global financial and corporate markets rose from $2 billion in 2011 to $44 billion in 2021. Moreover, tremendous investment poured into digital health in the shadow of the pandemic. However, in the past year, investors have been more selective in their decisions.

But total investment dollars in digital health took a steep dive in 2022; however, the picture looks significantly different on a region-to-region basis. While Asia-Pacific saw an investment decline in 2022, the Q4 trend shows a rebound worth watching and studying. 

The Galen Growth experts pinpoint in a new phase of digital health investment. The shift from exuberant investment in 2020 and 2021, to a market shift that mirror previous years of strategic engagement.  Private equity and business development dollars continue to flow toward the category however, directed toward specific therapeutic categories and technologies. Out of the total funding value deployed in 2022 for the region, research solutions and online marketplace clusters captured 49% of total funds invested and, oncology and cardiovascular diseases were the most invested therapeutic areas. Often public reports tend to cherry-pick data. However, the Galen/FINN “Digital Health Ecosystem – Asia Pacific Report” shows verified trends such as:

  • Venture capital funding in Asia Pacific’s digital health industry decreased during the first three quarters of 2022 but bounced back in Q4 ending the year at $5.79B, with a YoY decrease of 41% from 2021.
  • Venture funding deceleration was largely due to China’s investment falling by 66% YoY – the lowest since 2017, amidst strict pandemic regulations. However, Northeast Asia’s funding doubled to $1.9B, surpassing China and South Asia, which dropped by 30% compared to 2021.
  • Asia Pacific saw a 33% YoY decrease in M&A activity, but digital health ventures accounted for 60% of global acquisitions, driving industry consolidation. The slowdown in venture funding has fueled acquisitions, with only 34% of Growth Stage ventures in Asia Pacific able to raise capital over the past 18 months.
  • In 2023, digital health ventures faced challenges due to declining venture valuations. However, the industry’s resilience in 2022 will strengthen the venture pipeline, driving innovation and business model viability to show the value of digital health tools in improving healthcare research and delivery.

The report draws inputs from 250 million data points and more than 14,000 digital health ventures. It will be released at the March Asia Leadership Meet Summit in Singapore. With this partnership, experts from the FINN Global Digital Health Group are working with Galen Growth data and research professionals to chart the complex and often fragmented digital health landscape, emerging market trends, areas of growth and innovation, and look beyond equity funding to explore what’s expected to happen in this fast-paced sector. The combined team will look beyond the hype of digital to map the priority and practical opportunities for decision-makers.

“With the slowdown of venture funding in 2022, digital health is anchoring back to reality, becoming more focused, and demanding more verification that ventures are offering solutions that will bring value to the digital health ecosystem,” said Julien de Salaberry CEO and Galen Growth co-founder. “This joint report with FINN Partners will explore how ventures are meeting those challenges and preparing to show evidence to demonstrate the effectiveness of their solutions.”

FINN digital health leaders lent their perspective, analysis, and guidance to supplement the data and insights developed by the Galen Growth team to help guide stakeholders as they navigate and engage with the digital health landscape.

“Compared to the pre-pandemic levels, digital health has shown clear signs of resilience with the Asia Pacific region witnessing an increase in funding,” said Aman Gupta, Managing Partner, Health Practice Lead at SPAG – A Finn Partners company. “An in-depth evaluation of this market is important as globally 27% of digital health ventures were founded in Asia Pacific, making it the second largest ecosystem. The Galen Growth 2022 Year End Digital Health Ecosystem Report, in partnership with FINN, aims to present a comprehensive overview of the market to allow various stakeholders to make informed decisions towards improving patient outcomes.”

“FINN Partners is thrilled to partner with Galen Growth to take a deeper look at the Digital Health landscape,” said Ritesh Patel, Senior Partner, Global Digital Health Lead at FINN Partners. “The rapidly expanding digital health ecosystem in Asia must be leveraged to improve patient outcomes. This series of studies will help inform the choices providers, payers, product innovators and patients will need to make in the coming years.”

After years of development, China’s digital healthcare sector is embracing new types of high-quality innovation, supporting overall medical reform. In 2021, China’s digital healthcare market surged 79.5 percent yearly to 28.9 billion yuan ($4.1 billion). Now, China’s digital health ecosystem needs to draw upon insights from the globe and region to navigate the complexity of its continued healthy development,” said Jason Cao, Senior Partner FINN Partners, China. “The Galen Growth/FINN Partnership provides investors and startups in China a vital perspective that will guide these next steps.”

About Galen Growth

Founded in 2016, Galen Growth partners leading companies for their digital health market intel and insights needs. With comprehensive data, empirical research and expert insights, the company helps global organizations reach the optimal solutions for their business transformation, discover the latest trends in digital health and strengthen their innovative know-how. HealthTech Alpha, Galen Growth’s proprietary platform, is the world’s leading digital health private market platform, powering how leaders and corporations make digital health decisions.

Headquartered in Singapore, Galen Growth has offices in Basel (Switzerland), Boston and Chicago.

Please find us at galengrowth.com and follow us on Twitter at @galengrowth and https://www.linkedin.com/company/galen-growth/.

About FINN Partners, Inc. 

Founded in 2011 on the core principles of innovation and collaborative partnership, FINN Partners has grown from about $24 million in fees to almost $200 million in the past 10 years, becoming one of the fastest-growing independent public relations agencies in the world. It has been recognized as a PRovoke Media 2022 Agency of the Year. The full-service marketing and communications company’s record-setting pace results from organic growth and integrating new companies and new people into the FINN world through a common philosophy. With more than 1,300 professionals across 33 offices, FINN provides clients with global access and capabilities in the Americas, Europe, and Asia. In addition, FINN provides its clients with access to top-tier agencies worldwide through its membership in the global network PROI.

Headquartered in New York, FINN has offices in: Atlanta, Bangalore, Beijing, Boston, Chicago, Delhi, Denver, Detroit, Dublin, Fort Lauderdale, Frankfurt, Guam, Hong Kong, Honolulu, Jerusalem, Kuala Lumpur, London, Los Angeles, Manila, Mumbai, Munich, Nashville, Orange County, Paris, Portland, San Diego, San Francisco, Seattle, Shanghai, Singapore, Vancouver and Washington D.C. Find us at finnpartners.com and follow us on Twitter and Instagram at @finnpartners.

About SPAG/FINN

SPAG/FINN is a health marketing and communications powerhouse with 10+ offices, 175+ professionals, and full-stack service offerings in Asia-Pacific. Renowned in the APAC region as well as globally, SPAG/FINN has been named as a Health Communications Agency of the Year for Asia-Pacific in 2017 and 2019, and as a top Large Agency in the region in 2021 and 2022.

The firm is renowned for offering bespoke communication strategies to shape conversations, influence perceptions, cultivate constructive knowledge, and keep the dialogue going. As an integrated communications entity, SPAG/FINN harnesses the potential of a phenomenally diverse universe of conversations to shape the narrative for a better world.

SPAG/FINN has offices in Singapore, Malaysia, Philippines, Shanghai, Beijing, Hong Kong, Indonesia, Thailand, Delhi, Mumbai and Bangalore.

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Lumina Datamatics Wins IMC RBNQA – Performance Excellence Trophy 2025 in the Service Category

MUMBAI, India, May 6, 2026 /PRNewswire/ — Lumina Datamatics, a strategic partner to global publishers and eCommerce retailers, has won the IMC RBNQA – Performance Excellence Trophy 2025 in the Service category. The award was presented at a prestigious ceremony held at the IMC Chamber of Commerce and Industry in Mumbai on 30th April 2026.

This esteemed recognition is part of the IMC Ramkrishna Bajaj National Quality (RBNQ) Awards for 2025, one of India’s most respected benchmarks for organizational excellence. The award underscores Lumina Datamatics’ unwavering commitment to business excellence, quality-driven processes, and continuous performance improvement. Notably, Lumina Datamatics Limited is the only organization recognized in the service segment this year, representing excellence across the Business Process Management spectrum.

The selection followed a rigorous multi-stage evaluation process conducted by an eminent panel of judges, assessing organizations on key parameters such as leadership, strategy, customer focus, operational effectiveness, and overall business performance.

Speaking on the achievement, Sameer Kanodia, Managing Director & CEO, Lumina Datamatics, and Vice Chairman & CEO, TNQTech said, “We are deeply honored to receive this recognition. This achievement reflects the collective dedication, collaboration, and relentless focus on quality demonstrated by our teams across the organization. It reinforces our commitment to delivering consistent value to our clients worldwide while continuously striving for excellence in everything we do.”

The milestone highlights Lumina Datamatics’ strong foundation in operational excellence and its ongoing efforts to set new benchmarks in service delivery across global markets.

About Lumina Datamatics:

Lumina Datamatics is a trusted partner in providing digital Content Services, Retail Support Services, and Technology Solutions to companies in the Publishing and Retail Industries worldwide. We are among the largest service providers in the Content space, and our customers include 8 of the top 10 academic publishers and 3 of the 5 largest Retailers and Marketplaces. Lumina Datamatics’ expert solutions combine its various in-house and client-facing platforms, partnerships with global technology leaders, and more than 7,500 professionals across the United States, the United Kingdom, Germany, the Philippines, and India. This integrated global capability enables the company to deliver scalable, high-quality solutions to clients worldwide.

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HOP Events, helmed by Kalpesh Kinariwala, bridges Indian talent and global prestige at the Shows of India 2026 Conclave

  • The anchor sponsorship of the Shows of India 2026 Conclave marks HOP Events’ official pathway into the Indian subcontinent; the UAE-based premium live entertainment company aims to source and showcase extraordinary Indian talent in the markets it operates in.
  • This move will bridge the gap between iconic Indian artists — rooted in Indian and South Asian culture — and world-class international venues and global audiences.
  • In addition to headlining the conclave as its anchor sponsor, HOP Events also made its presence felt in crucial conversations and networking hubs, with Founder and Chairman Kalpesh Kinariwala gracing the conclave as a speaker.

NEW DELHI, May 5, 2026 /PRNewswire/ — HOP Events, a UAE-based premium live entertainment company, made landfall on Indian shores through the eagerly awaited Shows of India 2026 Conclave. The sixth edition of the event, which drew to a close on May 2, brought together high-profile industry veterans, change-makers, and disruptors who are shaping the future of India’s live entertainment economy.

Led by industry trailblazer Kalpesh Kinariwala, HOP Events not only participated as the anchor sponsor for the conclave but also broke new ground by offering Indian talent and agencies unprecedented inroads into global markets and prestigious productions.

Held at Delhi’s upscale The Leela Ambience Convention Hotel, the two-day Shows of India 2026 Conclave is India’s most anticipated flagship gathering focused on the live entertainment, events, and experiential segments. It brings together key players from across the industry’s value chain, including event professionals, artist managers, promoters, brands, and creators, and facilitates industry-shaping conversations and collaborations.

HOP Events’ rationale for backing the Shows of India 2026 Conclave was simple but powerful – as a hub for some of the greatest artistic talent in the world, India stands to benefit immensely from HOP Events’ proven expertise in the premium live entertainment industry. With the conclave sitting at the intersection of India’s creative excellence and its commercial ambition, it is the perfect avenue for HOP Events to seek the artists, managers, collaborators, and cultural voices they want to elevate and present to the world. This anchor sponsorship is thus a declaration of HOP Events’ intent to champion Indian talent and carry it far beyond India’s borders.

Elaborating further on the sponsorship, Kalpesh Kinariwala, Founder and Chairman of HOP Events, who also spoke at the conclave, shared:

“India is producing some of the most streamed, most loved, and most culturally significant artists on the planet. Arijit Singh ranks ninth among Spotify’s top artists globally. A.R. Rahman has 75 million followers and ranks ahead of global superstars. Rishab Sharma is the number one followed sitar player in the world. Rahat Fateh Ali Khan, Aditya Gadhvi, Anuv Jain — these are artists with massive, passionate global fanbases.

Yet their presence on international stages, particularly in the Gulf and beyond, remains far below what their stature deserves. That is the opportunity HOP Events is seizing. The UAE is home to a millions-strong South Asian diaspora — professionals, families, and communities who are hungry for these artists and have both the means and the desire to attend premium live experiences. The Shows of India 2026 Conclave gives us the needed platform to engage with this talent ecosystem at exactly the moment when appetite for Indian talent on the global stage has never been higher.”

The conclave’s growing eminence as a premium, high-production-value platform was further underscored by its association with HOP Events, an industry leader in creating large-scale experiential events. Through the years, the Shows of India Conclave has differentiated itself through its trailblazing properties and a star-studded artist line-up. By essaying the role of anchor sponsor for India’s premier business and entertainment conclave, HOP Events is throwing the doors open for partnerships with Indian artist managers, talent agencies, record labels, and creative professionals.

As the force behind the sold-out Etihad Arena concert with Arijit Singh, A.R. Rahman, and Rishab Sharma, HOP Events knows what it takes to market Indian artists to global audiences, fill premium venues, and create experiences that do justice to the cultural magnitude these artists carry.

In the mid-to-long term, HOP Events aims to become the defining bridge between Indian artistic talent and the global stage. The company is actively scaling across the GCC and extending further into South Asian diaspora hubs globally, with the goal of bringing world-class talent backed by high-end productions and marketing sophistication to deep, passionate, and underserved audiences for Indian and South Asian cultural experiences.

About HOP Events

Founded by industry veteran Kalpesh Kinariwala, HOP Events is one of the UAE’s most prestigious names in premium live entertainment. It is hailed for curating global live experiences across the UAE and beyond. The company brings together eminent international artists, creativity, and immaculate organization on one stage, delivering world-class live concerts and entertainment experiences that make a lasting impression on the cultural fabric of the region. HOP Events’ expertise spans from close-up intimate performances to sold-out iconic arenas and includes notable names such as Arijit Singh, A.R. Rahman, and Rishab Sharma. The company differentiates itself through the three pillars of innovation, excellence, and a strong community focus. In doing so, it creates experiences that anchor communities, build connection, and foster a stronger sense of belonging, while delighting audiences with seamless execution, elevated experiences, and disruptive thinking.

https://hopevents.ae/

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MSEED and SCOPE Global Skills University Sign Strategic Partnership to Shape the Future of Experiential Marketing Education

MUMBAI, India and BHOPAL, India, May 5, 2026 /PRNewswire/ — Premium education institute MSEED (The Management School of Events and Experience Design) today partnered with SCOPE Global Skills University, Bhopal, to introduce a two-year MBA in Event Management and Experiential Marketing.

Besides boosting students academically, this association intends to equip them with the evolving demands of events and the experiential marketing ecosystem. Furthermore, the collaboration will be fueled by industry expertise and academic structure, helping students build a career in the fast-growing fields of events, entertainment, and experiential marketing.

At a time when experiential marketing is ‘evolving from a tactical activation to a strategic growth engine for brands’, this collaboration serves right.

Speaking on this exclusive partnership between MSEED and SCOPE, Joshua Newman, Vice-President – Marketing & Partnerships, MSEED, said, “Our focus has always been on outcomes, not just education. This partnership allows us to extend that vision by working with SCOPE Global Skills University to create a program that prepares students for real careers. From curriculum to classroom delivery and industry exposure, every aspect is designed to ensure that students graduate with confidence, clarity, and practical experience.”

The MBA program is designed to:

  • Provide a recognized postgraduate qualification with a specialized focus
  • Build practical skills through real-world projects and case studies
  • Offering industry interaction, mentorship, and exposure
  • Support students with internship and placement opportunities

Dr. Vijay Singh, Vice Chancellor of SGSU, hailed the launch as a landmark moment for the city. “This is a remarkable event not just for our university, but for the city of Bhopal. We are witnessing a paradigm shift in how specialized education is delivered in Madhya Pradesh. By launching this MBA in Event Management, we are providing our youth with a platform to master the art of execution, creativity, and management right here in their home state,” he said.

The partnership was formally cemented through the signing of an agreement between the two institutions in the esteemed presence of Mangubhai C. Patel, the current and 19th Governor of Madhya Pradesh, marking a significant milestone in the evolution of industry-integrated education in India.

For more information on events and experiential marketing, please visit our website.

Media Contacts:

For media inquiries, please contact

Tasneem Limbdiwala

tasneem@mseededucation.com 

About MSEED

MSEED, a part of EVA Group, India’s one of the largest live event companies, and backed by 200 odd industry veterans, the institute brings with it deep-rooted industry expertise and real-world insights. It is a creative business institute designed for the next generation of storytellers, strategists, producers, and brand builders. The mission is not just to prepare students for jobs, but to lead industries. 

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