Quadria's oversubscribed fund: What it signals for Asia's healthcare industry
'It reflects the strong global investor confidence in the transformational opportunity within Asian healthcare, where social impact and financial performance go hand in hand,' confirms Abrar Mir, co-founder and managing partner at Quadria Capital.
Quadria Capital said in a statement on Tuesday that Fund III drew support from prominent sovereign wealth funds, asset managers, and strategic corporates across North America and Europe. It also secured new commitments from globally recognised institutional investors, with notable participation from leading institutions in the GCC—including Saudi Arabia, the UAE, and Bahrain.
In India, the Fund attracted new capital from major banks, insurance companies, and family offices. Additionally, robust re-up commitments from impact investors reaffirm Quadria's dedication to building scalable, high-impact healthcare businesses that deliver lifesaving care to underserved populations across Asia.
Asian Healthcare Scenario
Currently Asia's healthcare market is estimated to be $5 trillion, and the healthcare industry is reportedly at a pivotal inflection point and will remain a focal area into 2025.
"In India, particularly, we're seeing significant investment interest in single-specialty hospitals, diagnostics, medical devices, and pharmaceutical manufacturing—including active pharma ingredients (APIs) and contract (drug) development and manufacturing (CDM). These segments are poised for growth due to increasing healthcare consumption, cost-efficiency initiatives, and deeper technology integration," says Dr Amit Verma, co-founder and managing partner, Quadria Capital.
Healthcare growth funds like Quadria's typically provide the industry with strategic guidance and operational support to help scale their businesses and achieve market leadership.
Quadria claims that nearly 40% of Fund III is already deployed. Its current investments include Aragen Life Sciences (a global CRDMO serving 400+ pharmaceutical clients), NephroPlus (Asia's largest dialysis chain), and Maxivision (India's leading eye care chain). Two new investments in Southeast Asia are expected shortly, it says.
India Impact
India is rapidly emerging as a strategic hub for global pharmaceutical and MedTech manufacturing as supply chains diversify, especially with the China plus strategy.
While the per capita healthcare spending in India remains low at just $74—far below regional peers like Thailand (US$364) and Malaysia (US$487)—with nearly 50% of healthcare costs still paid out-of-pocket, the healthcare focused funds can catalyse Indian healthcare innovation by strategically investing in high-growth areas such as specialised care and pharmaceutical manufacturing, aiming to create scalable, affordable healthcare solutions for over a billion people.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News18
41 minutes ago
- News18
'Routes Diversified': Minister Assures Fuel Supply Stability As Iran Mulls Strait Of Hormuz Shutdown
The Strait of Hormuz is one of the world's most important oil transport chokepoints, carrying about one-fifth of the global oil output Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Sunday assured citizens that India's fuel supply remains stable and secure, after Iran announced move to close the Strait of Hormuz, a key global oil shipping route. In a post on X, Puri said India has closely monitored the evolving geopolitical situation for the past two weeks and has taken steps under the leadership of Prime Minister Narendra Modi to diversify energy imports. 'We have diversified our supplies in the past few years and a large volume of our supplies do not come through the Strait of Hormuz now," Puri wrote. We have been closely monitoring the evolving geopolitical situation in the Middle East since the past two weeks. Under the leadership of PM @narendramodi Ji, we have diversified our supplies in the past few years and a large volume of our supplies do not come through the Strait…— Hardeep Singh Puri (@HardeepSPuri) June 22, 2025 'Our Oil Marketing Companies have supplies of several weeks and continue to receive energy supplies from several routes. We will take all necessary steps to ensure stability of supplies of fuel to our citizens," he added. The Strait of Hormuz is one of the world's most important oil transport chokepoints, carrying about one-fifth of the global oil output. Iran's parliament on Sunday approved a measure to close the Strait of Hormuz following US airstrikes on its nuclear sites — Fordow, Natanz, and Isfahan — marking a dangerous escalation in the ongoing war between Iran and Israel. According to top Indian intelligence sources as reported by News18, the closure could lead to a global oil crisis worse than 1973, potentially triggering a global recession. India imports around 5.5 million barrels of crude oil per day, with about 2 million barrels passing through the Strait of Hormuz. Sources warned that the strait's closure could choke 20–25% of the world's oil and 30% of global LNG trade, leading to oil prices shooting up to $200–$300 per barrel, which would severely impact the global economy. Meanwhile, Prime Minister Narendra Modi held a 45-minute phone conversation with Iranian President Masoud Pezeshkian on Sunday. Modi expressed deep concern over the recent escalations and stressed the importance of dialogue, diplomacy, and immediate de-escalation. 'India stands for peace and humanity," PM Modi said. He also thanked Iran for helping ensure the safety and return of Indian nationals from the region.
Time of India
an hour ago
- Time of India
Alia Bhatt's nutritionist says stop drinking fruit juices, they are poisoning you. Switch to the right thing instead
Celebrity nutritionist Siddhant Bhargava, who has worked with stars like Alia Bhatt, Ananya Panday and Sara Ali Khan, is challenging a common health assumption — that fruit juices are a healthy choice. According to Bhargava, most people are being misled into thinking they're making nutritious choices when they reach for a glass of fruit juice. But in reality, they may be doing more harm than good. In an Instagram reel on his handle, Bhargava explains that while whole fruits are indeed packed with essential vitamins and minerals, the same cannot be said for their juiced versions. The problem, he points out, lies in what's lost during the juicing process. When fruits are juiced, their natural fibre is removed — the very fibre that slows down the absorption of sugar into the bloodstream. Without this fibre, the sugar in fruits enters the body rapidly, causing sudden insulin spikes. The nutritionist refers to fruit juices as nothing more than "colourful sugar water." He adds that the process of juicing — especially with commercial juicers that generate heat — also reduces the vitamin and mineral content of the fruit. What's left behind is mostly sugar in liquid form, which is often wrongly marketed as healthy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Treatment That Might Help You Against Knee Pain Knee pain | search ads Find Now What Should You Do Instead? Rather than reaching for a glass of juice, Bhargava recommends eating whole fruits. The fibre in whole fruits plays a critical role in moderating blood sugar levels and keeping you full for longer. It also helps in maintaining gut health, which juicing simply cannot replicate. Bhargava suggests that the natural sugars in fruits are not inherently bad, but they are meant to be consumed along with the fruit's fibre. By extracting the juice and discarding the fibre, people end up consuming concentrated sugar that could lead to health issues over time — including increased risk of obesity, insulin resistance, and poor metabolic health. Bhargava's comments also highlight how the health food industry often misleads consumers. He criticises the way fruit juices are packaged and promoted in the market, suggesting that they're being sold at a premium despite lacking actual nutritional value. The popularity of bottled juices, smoothie bars, and "detox drinks" further adds to the misconception that these drinks are good for health. A Simple Rule to Follow In Bhargava's view, a simple shift in approach — choosing the whole fruit over the juice — can have a lasting impact on health. His advice is clear: if you're serious about nutrition, skip the juice, chew the fruit, and don't fall for the marketing hype. Who Is Siddhant Bhargava? Siddhant Bhargava is a well-known name in the Indian health and wellness space. A medical doctor by training, he co-founded Food Darzee, a diet-focused food delivery startup. He is widely recognised for his straightforward health advice and has featured on shows like Shark Tank India. His client list includes some of Bollywood's biggest names, and his opinions on diet trends often make headlines.
Mint
an hour ago
- Mint
Markets poised for a near-term dip, crude can worsen the sentiment
US President Donald Trump announced that Washington has carried out strikes on three nuclear facilities in Iran, marking a direct involvement in the campaign initiated by Israel last week to dismantle Iran's nuclear infrastructure. Since the war started two weeks ago, the Nifty 50 and the Sensex 30 index have gained 1.59%. At the same time, crude oil prices have gained 2.19% to $76.57 per barrel. The US has long been watchful about Iran's expanding nuclear programme, with tensions rising especially a couple of years ago when Iran's uranium enrichment neared 83.7% (very close to weapons-grade, 90% enrichment), said Alok Agarwal, head-Quant and Fund Manager at Alchemy Capital Management. 'This concern has now escalated to the point of direct US military action, making the situation more volatile, in our view," he added. Read more: US strike on Iran raises oil shock, capital flow risks for India's economy From an Indian investment perspective, the primary concern isn't just the geopolitical tension itself—which mostly affects market sentiment—but the potential surge in crude oil prices, which would have a direct economic impact, Agarwal added. Moreover, a sharp spike—especially beyond the $100/barrel mark—would be a major concern for Indian markets, as India imports over 80% of its crude requirements. Crude price impact Aniruddha Sarkar, CIO at Quest Investment Advisors, said that the key concern for the market is the impact of rising crude prices, which could widen the current account deficit, fuel inflation, and weaken the rupee due to higher forex outflows owing to a higher fuel bill and foreign institutional investors (FII) selling in risk-off mode from emerging markets. The second stage impact, which could happen if the war persists for long, would be on sectors like oil marketing companies (OMCs), paints, and aviation, which could face cost pressures and perform negatively as crude prices climb, Sarkar added. However, he said that these impacts could remain short-lived as the war may not continue for a long time. While other experts believe that no further retaliation by Iran might actually lead to an upside in the Indian markets. "If Iran doesn't retaliate in a way that is surprising or nasty, markets could actually rally as investors reckon the tensions would abate, but if there are attacks on the Strait of Hormuz or on US bases, tensions could actually escalate and all bets would be off the table," said Nirmal Bhanwarlal Jain, founder of IIFL Group and managing director at IIFL Finance. Anthony Heredia, MD & CEO, Mahindra Manulife Investment Managers, said, 'If there is no escalatory move from Iran now or over the next few days, you may actually see positivity extending as in a risk-on market environment, people anecdotally find reasons to be optimistic rather than the other way around." Taking advantage Markets have shown remarkable resilience so far in the face of international skirmishes and tariff threats, and if there could be further escalation of tensions in the coming weeks if Iran were to retaliate, investors would do well to keep the powder dry to take advantage of any market correction, said Sandeep Bagla, CEO, TRUST Mutual Fund. Read more: Mint Explainer | Strait of Hormuz: Will Iran shut the vital oil artery of the world? George Thomas, fund manager at Quantum Mutual Fund, said that in the coming few days, markets are expected to be very volatile. Hence, investors should invest in a staggered manner, as it helps average out the cost and reduces risk. The India VIX index has fallen 9.13% since 13 June, when the war started. From a technical standpoint, the prolonged phase of consolidation has notably impacted key indicators, said Sudeep Shah, deputy vice president, head - Technical & Derivatives Research at SBI Securities. 'The upward slope of the short and medium-term moving averages has slowed down, reflecting a loss of momentum. Simultaneously, the daily RSI (Relative Strength Index) continues to move sideways, in line with the RSI range shift concept that suggests a lack of directional bias. Further, the trend strength indicator – ADX (Average Directional Index), is currently quoting near the 13 level, which was the lowest level since July 2024, which shows a lack of strength in either direction," Shah added. Shah added that the zone of 24,880-24,850 will act as immediate support for the Nifty 50 index. While on the upside, the zone of 25,200-25,250 will act as a crucial hurdle for the index, he said. However, India is in a better place than other times when there has been tension, experts say. 'While we find ourselves in a more inflationary than disinflationary environment, India has never been in a better place than it is now to handle the repercussions of the latest round of tensions," said Kenneth Andrade, founder and CIO of Old Bridge Capital Management. Even the Asian indices closed higher on Friday. The Hang Seng index closed 1.29% higher, the Kospi index closed 1.48% higher, and the CSI 300 index ended 0.09% higher. Where's oil headed? Under the severe outcome, oil prices could surge to $120-130 per barrel if the Strait of Hormuz is closed or there is a general Middle East conflagration, which could ignite retaliatory responses from major oil-producing countries, said JP Morgan in a report on 12 June. Concerns are that if Iran closes the Strait of Hormuz, the global oil supply will be disrupted, which in turn will cause a rally in oil prices. Read more: Donald Trump's war dilemma: Should America put boots on the ground in Iran or not? However, historically, Iran has never fully closed the Strait of Hormuz, even during major conflicts like the Iran-Iraq War (1980-1988), the rise in US-Iran tensions after 2011, or the fallout from the Iran nuclear deal (2018-2020). Experts say that this is because doing so would hurt Iran more than help it. About 20% of the world's oil passes through the Strait of Hormuz, which is also a key path for liquefied natural gas exports, especially from Qatar, one of the biggest suppliers. 'US naval forces in the Persian Gulf act as a strong military deterrent, and any closure attempt by Iran would risk severe retaliation," said Yes Institutional Equities in a report dated 18 June. It further added that Iran depends heavily on the Strait for its own oil exports and critical imports, making a blockade counterproductive. 'Moreover, shutting the Strait would harm regional allies like Qatar and Iraq, who also rely on the waterway, potentially straining Iran's strategic relationships. It would also violate international maritime law, further isolating Iran diplomatically," Yes Institutional Equities said. Hence, experts say that Iran has often used the threat of closing the Strait as a political tool to gain leverage in talks—without actually going through with it.
