Mumbai, Oct. 30 -- Global venture capital firm Bessemer Venture Partners has backed a group of experienced doctors to start a new healthcare platform focused on in vitro fertilisation (IVF). Pluro Fertility and IVF has raised Rs.125 crore of Series A funding, valuing the new company at Rs.1,000 crore. This deal plays into the theme where most risk investors are increasingly scouting for investments in single-speciality healthcare firms.

Founded this year by Dr. Jaydeep Tank, Dr. Parikshit Tank, and Dr. Bhaskar Shah, Pluro aims to partner with independent IVF specialists across India through a clinical partnership model. Through this model, the company will manage all non-clinical functions across partner clinics, including practice manag...