India, June 6 -- Healthcare-focussed HealthKois has launched a $300 Mn (about INR 2,500 Cr) fund to back early and growth-stage startups, with an additional green-shoe option of $100 Mn (about INR 860 Cr).

The fund will target healthtech, life sciences, medtech, healthcare delivery and climate health sectors. It aims to back 13 to 16 companies with an average ticket size of $7-25 Mn.

HealthKois is being managed by the leadership team of India-focussed venture capital firm HealthQuad which includes Charles Janssen, Ajay Mahipal and Pinak Shrikhande.

Founded in 2016, the VC firm invests in technology-backed disruptive healthcare models and is supported by Quadria Capital, a healthcare-focused private equity fund in Asia, and KOIS, a glob...