Q2 FY27 performance across verticals was mixed for India’s leading IT services companies, with growth varying significantly by segment
Cuban, famous for his role on business reality show "Shark Tank" and his involvement in the Dallas Mavericks NBA team, ventured into healthcare when he started the online pharmacy Cost Plus Drug Company in 2022 with a standard pricing scheme: the cost it pays for the drug, plus 15%.
Even Healthcare led deal activity with $50 million, followed by Different at $48 million, Baba Care at $40 million, and AuxoAI at $20.7 million. General Catalyst was among the most active investors, backing Baba Care and Different. Blume Ventures invested in Hunar.AI and Harajuku, while Seedstars participated in rounds of Hunar.AI and Karta.
The move highlights Huawei's ambitions to gain a foothold in the fast-growing AI drug discovery market, where pharmaceutical companies are investing in modelling tools and automated laboratories to shorten development timelines and improve efficiency.
