Philips looks to add India health tech venture fund to existing ones in Israel, Netherlands

Royal Philips ($PHG) is looking to invest globally in venture efforts to support healthcare technology startups. Its latest could be slated for India, the company's Jeroen Tas, who heads Philips Connected Care and Health Informatics, told The Economic Times. The company already has an existing venture fund in the Netherlands, as well as Israeli funds including a roughly $30 million joint effort with Teva Pharmaceuticals ($TEVA). More