Fertility Boom Breeds Deal Frenzy as India’s Femtech Sector Heats Up

Image Source: Women Entrepreneurs Review

India’s fertility startup ecosystem is entering a new phase of consolidation and capital infusion, with a wave of funding deals and strategic expansions reshaping the landscape. The sector, valued at $1.5 billion and projected to grow to $4.41 billion by 2033, is witnessing a surge in investor interest and techled disruption.

Funding Momentum:

Mumbaibased Luma Fertility raised $4 million in seed funding led by Peak XV’s Surge, with backing from Metropolis Healthcare’s Ameera Shah and B2V Ventures’ Vijay Taparia
The capital will fuel expansion into Bengaluru, Hyderabad, Pune, and Delhi, scaling its AIpowered fertility clinics

TechDriven Care:

Luma’s flagship clinic in Bandra West offers IVF, egg and embryo freezing, and fertility assessments, supported by its proprietary LumaAI tool
Features include a seethrough embryology lab, athome semen analysis, and integrated emotional wellness services

Market Dynamics:

India’s fertility rate has dropped below replacement level, with over 33 million couples facing reproductive challenges
IVF cycles are expected to grow from 320,000 in 2024 to 550,000 by 2028, driving demand for transparent, patientfirst care

Deal Pipeline:

Analysts anticipate a spree of mergers, acquisitions, and strategic partnerships as startups seek scale and differentiation
Femtech players are targeting underserved Tier 2 and Tier 3 cities, expanding beyond metro hubs

Sources: StartupTalky, Femtech Insider, Observenow, Startup Story Media, F6S, Economic Times Health, Business Standard