> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # 🩺 Digital & Telehealth Up 30%. $55M+ VC Funding. - URL: https://newsletters.qs.com/digital-telehealth-up-27-55m-vc-funding/ - Published: 2024-03-11T11:30:24.000Z - Updated: 2024-03-11T11:30:23.000Z - Description: Impact Capital Markets #46 looks at our Digital & Telehealth stock index, major impact deals, M&A, and upcoming economic releases. - Author: QS - Tags: Deals **Konnichiwa** 🎎 πŸ“‰ **Today's Global Economic Update:** US employment data revealed a 0.2% point increase in the unemployment rate to 3.9% in February 2024, marking its highest level since January 2022. 🌿 **Deal of the Day:** The Ayurveda Experience, a health and wellness company, raised a [$26.5M Series C](https://www.livemint.com/companies/start-ups/the-ayurveda-experience-raises-27-million-led-by-jungle-ventures-11709876443810.html?ref=newsletters.qs.com) for product R&D. **What's New?** - 🩺 **Digital & Telehealth.** Digital & Telehealth index grows 30% - **πŸ’° Funding.** Wellness, skincare & battery technology - πŸ’Ό **M&A.** Sugar Foods acquiresConcord Foods - πŸ“… **Economics.** Employment data, UK GDP, US inflation + more *For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com) ## 🩺 Digital & Telehealth Grows 30% ![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2024/03/HolonIQ_HolonIQ_Digital_and_Telehealth_HIQDHLTH_HCHBGB8PU29WHYE0ZA42.png) HolonIQ's Digital and Telehealth Index has increased by 30% over the past year. Major stocks in the index increased, including DexCom ($52B MCap) which saw a 22% increase, and Pro Medicus Ltd ($7B MCap) which exhibited a 60% rise. ResMed ($28B MCap) saw an exception to the trend, with a 9% decline over the year. The Digital and Telehealth market has experienced significant growth due to rising demand for convenient healthcare services. Customers prefer digital solutions for remote monitoring, online medical advice, and medication purchases. The COVID pandemic fast-tracked industry expansion, witnessing an increase in online pharmacy usage and the adoption of virtual doctor appointments as a safe and convenient way of attending medical consultations. Virtual Fertility and medication tracking apps are also becoming increasingly popular. As digital technologies continue to advance, the market is poised for further growth and innovation, revolutionizing the way healthcare is delivered and experienced globally. ## πŸ’° Funding 🌿 **The Ayurveda Experience,** an Indian health and wellness company, raised a [$26.5M Series C](https://www.livemint.com/companies/start-ups/the-ayurveda-experience-raises-27-million-led-by-jungle-ventures-11709876443810.html?ref=newsletters.qs.com) from Jungle Ventures for product R&D. 🧴 **Foxtale,** an Indian skincare brand, raised [$14.5M](https://inc42.com/buzz/foxtale-secures-inr-119-cr-to-bolster-its-d2c-skincare-play/?ref=newsletters.qs.com) from Panthera Growth Partners to solidify its market position. πŸ”‹ **Glimpse,** a Massachusetts-based battery technology company, raised a [$4M Seed](https://www.explorebit.io/article/Glimpse%20Raises%20USD%204M%20Seed%20Funding?ref=newsletters.qs.com) from Ibex Investors & Flybridge to expand operations. ## πŸ’Ό M&A πŸ›’ **Sugar Foods Corporation,** a New York-based food production company, [acquired](https://www.foodbusinessnews.net/articles/25703-sugar-foods-acquires-concord-foods?ref=newsletters.qs.com) Concord Foods, a Massachusetts-based retail food products and custom ingredients supplier. ## **πŸ“…** Economic Calendar Employment Data, UK GDP, US Inflation + More ### Tuesday, March 12th 2024 πŸ‡¦πŸ‡Ί [Australia NAB Business Confidence, February](http://business.nab.com.au/?ref=newsletters.qs.com) πŸ‡¬πŸ‡§ [UK Unemployment Data, January](https://www.ons.gov.uk/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Core Inflation Data, February](http://www.bls.gov/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Inflation Data, February](https://www.bls.gov/?ref=newsletters.qs.com) ### Wednesday, March 13th 2024 πŸ‡¬πŸ‡§ [UK GDP Data, January](https://www.ons.gov.uk/?ref=newsletters.qs.com) ### Thursday, March 14th 2024 πŸ‡ΊπŸ‡Έ [US PPI Data, February](https://www.bls.gov/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Retail Sales Data, February](https://www.census.gov/?ref=newsletters.qs.com) ### Friday, March 15th 2024 πŸ‡ΊπŸ‡Έ [US Michigan Consumer Sentiment Data (Preliminary), March](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com) ### Monday, March 18th 2024 πŸ‡¨πŸ‡³ [China Industrial Production, Jan-Feb](http://www.stats.gov.cn/?ref=newsletters.qs.com) πŸ‡¨πŸ‡³ [China Retail Sales Data, Jan-Feb](http://www.stats.gov.cn/?ref=newsletters.qs.com) ### Tuesday, March 19th 2024 πŸ‡―πŸ‡΅ [Japan BoJ Interest Rate Decision](https://www.boj.or.jp/?ref=newsletters.qs.com) πŸ‡¦πŸ‡Ί [Australia RBA Interest Rate Decision](http://www.rba.gov.au/?ref=newsletters.qs.com) πŸ‡©πŸ‡ͺ [Germany ZEW Economic Sentiment Index, March](https://www.zew.de/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Building Permits Data (Preliminary), February](https://www.census.gov/?ref=newsletters.qs.com) πŸ‡¨πŸ‡¦ [Canada Inflation Data, February](https://www.statcan.gc.ca/?ref=newsletters.qs.com) ### Wednesday, March 20th 2024 πŸ‡¬πŸ‡§ [UK Inflation Data, February](https://www.ons.gov.uk/?ref=newsletters.qs.com) πŸ‡ΊπŸ‡Έ [US Fed Interest Rate Decision](https://www.federalreserve.gov/) πŸ‡ΊπŸ‡Έ [US FOMC Economic Projections](https://www.federalreserve.gov/) ### Thursday, March 21st 2024 πŸ‡ΊπŸ‡Έ [US Fed Press Conference](https://www.federalreserve.gov/) πŸ‡―πŸ‡΅ [Japan Balance of Trade, February](https://www.mof.go.jp/english/index.htm?ref=newsletters.qs.com) πŸ‡©πŸ‡ͺ [Germany HCOB Manufacturing PMI (Flash), March](https://www.pmi.spglobal.com/public?ref=newsletters.qs.com) πŸ‡¬πŸ‡§ [UK BoE Interest Rate Decision](https://www.bankofengland.co.uk/?ref=newsletters.qs.com) ### Friday, March 22nd 2024 πŸ‡―πŸ‡΅ [Japan Inflation Data, February](https://www.stat.go.jp/?ref=newsletters.qs.com) πŸ‡¬πŸ‡§ [UK Retail Sales Data, February](https://www.ons.gov.uk/?ref=newsletters.qs.com) πŸ‡©πŸ‡ͺ [Germany Ifo Business Climate, March](https://www.ifo.de/?ref=newsletters.qs.com) [](http://www.sca.isr.umich.edu/?ref=newsletters.qs.com) [](https://www.ifo.de/?ref=newsletters.qs.com) --- **Like getting this newsletter?* For unlimited access to more deals and economic updates,* [*request a demo*](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com)*.* --- **Thank you for reading. 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