The first closure of W Health Ventures' second fund, which focuses on healthcare, was announced at Rs 550 crore. The fund would invest in 8–10 healthcare businesses with a target corpus of around Rs 630 crore.

Key Highlights

• W Health Ventures announces successful ₹550 crore first close, strengthening investments across healthcare and life sciences sectors.
• Fund II aims to back innovative startups transforming healthcare delivery, medical technology, and digital health ecosystems.

With check sizes between Rs 30 and Rs 50 crore, the company intends to invest in early-stage healthcare firms. W Health Ventures works with creators to develop and grow healthcare businesses from the ground up using a company-creation and incubation strategy.

The new fund will concentrate on areas like cancer, geriatrics, chronic care, preventive care, AI-enabled healthcare services, and other healthcare delivery methods.

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Established in 2019, W Health Ventures makes investments in healthcare businesses in the US and India. Ventures in the areas of care delivery, digital health, and technology-led healthcare services are supported by the firm.

In the upcoming months, W Health Ventures intends to finish the final close and has begun allocating funds from the first close.

Its portfolio consists of digital health and care delivery initiatives in India and the US, as well as healthcare businesses including Wysa and BeatO.