W Health Ventures closes $84 million second fund
W Health Ventures, a Mumbai healthtech investor, has wrapped up its second fund at ₹700 crore, or $84 million, topping its initial ₹630 crore goal. Backed by family offices and institutions from India and the US, the fund aims to build and invest in up to ten young healthcare startups over four years. So far, it's set up two companies—Everhope Oncology in India and Everbright Health in the US—with over $17 million invested.
- Second fund exceeded target, closed at $84 million
- Backed by Indian and US family offices, institutions
- Focus is on very early stage healthtech startups
- Has already invested $17 million in two new firms
- Typical cheque size is ₹30–50 crore, about $3.6–6 million
Sources covering this
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