HealthQuad Announces First Close Of Its $73 Mn Healthtech Fund
India, July 14 -- Healthtech-focused venture capital fund HealthQuad has announced the first close of its second INR 550 Cr ($73 Mn) fund at INR 514 Cr ($68 Mn).
The VC firm has raised commitments from global investors like Ackermans & van Haaren (AvH), Teachers Insurance and Annuity Association of America (TIAA), SIDBI, Swedfund and pharma giant Merck & Co. Inc, among others. The platform is backed by impact investing and innovative finance-focused KOIS and the sponsors of Asia-focused healthcare private equity fund Quadria Capital.
HealthQuad's cofounder and chief investment officer, Charles-Antoine Janssen, believes that the Covid-19 pandemic has given an impetus to the digital transformation of healthcare. The firm aims to create an...
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