Connect with us

Hi, what are you looking for?

Jewish Business News


World Bank wants Israeli health-tech for India

The pilot phase of the TechEmerge partnership will focus on matching top Israeli health-technology innovators with healthcare providers in India.

Alzbeta Klein,   global co-head of the IFC Investment Fund of the World Bank Group,   announcing TechEmerge. Photo by Shmulik Solomon


A new project of the World Bank’s International Finance Corporation will seek out Israeli technologies to develop and commercialize for emerging markets, beginning with India.

The agreement launching TechEmerge in Israel was signed on January 13 at the second annual Foreign Trade Conference hosted by the Foreign Trade Administration at the Ministry of Economy and Industry in Tel Aviv.

“We are looking at companies from Israel and elsewhere to be able to bring their technology to where it is needed most – emerging markets where there is an opportunity, where there is a scale and where there is a chance to do something which hasn’t been done before, ” said Alzbeta Klein, global co-head of the IFC Investment Fund of the World Bank Group.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

The pilot phase of TechEmerge will focus on health in India, matching top health technology innovators with interested healthcare providers in India. These pairs will explore how the technology can be implemented to benefit healthcare delivery and patient outcomes.

“Around a dozen leading private-sector healthcare providers in India have signed up and are looking for new technologies for point of care, remote monitoring, patient engagement, and telehealth, among others, ” said Ruzgar Barisik, IFC Venture Capital senior investment officer.

“Our life sciences industry is ranked first globally for the number of medical device patents per capita, and Israel, being well-positioned in the life science realm, could take an active and meaningful role in the TechEmerge program, ” said Amit Lang, director general of the Israeli Ministry of Economy and Industry.

The Indian healthcare market is set to grow to $280 billion by 2020, driven by increasing income levels, a growing middle class, longer life expectancy and the rise in incidences of non-communicable chronic diseases.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.