Delhi-based venture capital firm garners strong investor interest from accomplished healthcare professionals and investors and leading institutions from Europe
Healthquad, healthcare focused venture capital fund has achieved its final close with total commitment of INR750 million for investing in thematic and disruptive healthcare business models in India. The Fund is also the first early stage investment vehicle by the leading healthcare private equity investors, Dr. Amit Varma, Abrar Mir and Charles Antione Janssen.
The Fund targets to invest around INR 4 billion in healthcare companies that have the potential to disrupt the healthcare landscape by dramatically improving the productivity, affordability and accessibility of healthcare through differentiated and innovative solutions.
The Fund’s investment strategy targets five key healthcare sub-sectors including Healthcare Delivery Services, Life-Sciences, Medical Devices & Technology, Healthcare IT and Associated Healthcare Services. It is looking to invest in 8-10 companies. Prior to its final close, the Fund has already made investment in four companies including the recently announced investment in Regency Healthcare.
Fund’s sponsor Dr Amit Varma said:“Healthcare sector has seen emergence of over 500 startups in the last two years and venture capital firms have infused around INR25billion. We are looking to deploy around INR 4 billion, along …