Amit Varma and Abrar Mir, founders of Quadria Capital Fund a independent healthcare focused on private equity fund invest in high growth healthcare sector. It has launched $10 Million for HealthQuad a health care venture capital fund. The funding will be focused on investment in an early stage healthcare companies in India via Series A or Pre-series A round of funding.
HealthQuad was founded in Januuary 2016. It is registered as a Category I Alternative Investment Fund with SEBI. Its Headquartered out of Singapore managed by Quadria Capital Investment Management Pvt Ltd and is regulated by the Monetary Authority of Singapore.
Its main focus will be on healthcare delivery services, healthcare sub-sectors, device & medical technology, healthcare technology and life science.
Amit Varma founder of Quadria Capital Fund said
“that the fund has raised $6 Mn to close its first round of funding and will complete the fund in the next three months.”
HealthQuad will be investing in 8-10 startups in next 12-18 months across healthcare deliver services and products expected to increase healthcare accessibility, affordability and productivity while improving fostering innovation and patient health.
Matrix Partners India a Venture Capital firm has raised $110 million to invest in B2B, E-commerce, Fintech, SaaS and Logistics startups. Michael and Susan Dell Foundation an Impact investors has raised an additional amount of $50 million to invest in the early stage ventures.
To back product startups Ideaspring Capital a new early stage venture fund worth of Rs 125 crore recently launched in Bangalore.
The startups in gaming industry have caught the eye of Alibaba China’s e-commerce giant. UC backed by Alibaba recently launched $20 million fund to invest in Indian gaming startups in 2016. GREE Ventures a Japanese venture capital expressed its interest towards investment in Indian startups from its 2nd fund.