India, April 3 -- India is losing early stage healthtech startups to overseas players due to lack of domestic capital, Indian Angel Network's (IAN's) cofounder Padmaja Ruparel said.

Besides, the lack of funding is also leading to a slowdown in the healthtech sector, Ruparel said at the second edition of the three-day 'Startup Mahakumbh' event.

She advised founders in the sector to focus on finance and business aspects, besides technology, to make their ventures viable. "Unless the entrepreneurs understand this, it's going to be very difficult to create a viable growth stage company," the cofounder of the angel network said.

"There is deep science and deep technology that we see in our companies. The missing piece, specifically in this ...