Latest news with #HealthQuad
Entrepreneur
5 days ago
- Business
- Entrepreneur
Quadria Group Launches USD 300 Mn HealthQuad Fund III to Boost Healthcare Innovation
The fund includes a target corpus of USD 200 million and a USD 100 million greenshoe option, aiming to further expand its footprint in the healthcare innovation space across India and Asia. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Quadria Group, a leading healthcare-focused private equity platform, has announced the launch of HealthQuad Fund III, with a proposed fundraise of up to USD 300 million. The fund includes a target corpus of USD 200 million and a USD 100 million greenshoe option, aiming to further expand its footprint in the healthcare innovation space across India and Asia. HealthQuad Fund III follows the success of its predecessor funds, which collectively backed over 18 disruptive, tech-enabled healthcare ventures. These include names like Medikabazaar, THB, Wysa, and Redcliffe Labs, many of which have emerged as category leaders. "With Fund III, we aim to thoughtfully combine Quadria's healthcare expertise, global capital network, and institutional partnerships to build a more integrated healthcare investment platform for India," said Sunil Thakur, Co-founder and Investment Committee Member at HealthQuad. "The encouraging outcomes from Funds I and II give us the confidence to further our mission of creating both financial and social value." HealthQuad was incubated in 2016 as a distinct initiative by Quadria Group to support early-growth healthcare startups with a strong technology focus. Now, with full ownership of Fund III and its separation from former partner KOIS, Quadria is poised to build India's most influential healthcare investment franchise. "India presents one of the world's most compelling healthcare investment opportunities—driven by growing demand, digital acceleration, and underserved segments across primary, diagnostic, and chronic care," said Dr Amit Varma, Co-founder and Investment Committee Member, HealthQuad. "With expanded leadership, we are better positioned than ever to deliver cross-regional value across South Asia, Southeast Asia, and the GCC." Quadria has retained most of its core investment team and plans to strengthen it further with seasoned investing, operating, and clinical professionals. The firm recently closed Quadria Capital Fund III at USD 1.07 billion, highlighting robust investor confidence. "HealthQuad is not just a fund—it's Quadria's conviction in motion," said Abrar Mir, Co-founder and Investment Committee Member. "We've built a unique platform supporting diverse healthcare models, accelerating their growth with our powerful ecosystem." Founded in 2012, Quadria Capital now manages over USD 4 billion in assets across 27 investments in India, Vietnam, Indonesia, Malaysia, and Singapore, with a mission to improve healthcare access, quality, and affordability at scale.
Economic Times
5 days ago
- Business
- Economic Times
HealthQuad targets raising $300 million third fund to back healthcare tech startups
ETtech (L-R) Sunil Thakur, Abrar Mir and Amit Varma, cofounders, HealthQuad Healthcare venture capital firm HealthQuad is raising $300 million (Rs 2,527.5 crore) for its third India-focussed fund. The firm, backed by Quadria Capital, an Asia-focussed private equity fund specialising in healthcare, plans a corpus of $200 million with an additional $100 million greenshoe option to fund healthcare enterprise innovation startups in India. Founded in 2016 under the Quadria Group, HealthQuad has focussed on backing tech-enabled healthcare models at the early-growth firm's first two funds backed over 18 companies, including Medikabazaar, THB, Wysa, Ekincare, Redcliffe Labs, GoApptiv, and Strand Life Sciences. This announcement comes in the wake of a split between HealthQuad's leadership team and Kois, the Belgian firm that co-founded HealthQuad alongside Quadria Capital. Following the departure of a general partner, the individual has launched a new healthcare venture capital fund of similar size, named HealthKois. 'We continue to own funds I and II fully under Quadria,' Sunil Thakur, cofounder and investment committee member at HealthQuad, told ET. The new fund will focus on companies solving operational challenges for hospital chains. "We are looking to fund 13-15 companies in this fund," said fund will tap into Quadria Group's extensive Asia network and institutional relationships to drive growth in portfolio company Quadria Capital recently raised $1.07 billion for its third fund, demonstrating strong investor appetite for the group's strategy.
Time of India
5 days ago
- Business
- Time of India
HealthQuad raises $300 million for third India-focussed healthcare fund
Healthcare venture capital firm HealthQuad is raising $300 million (Rs 2,527.5 crore) for its third India-focussed fund. The firm, backed by Quadria Capital , an Asia-focussed private equity fund specialising in healthcare, plans a corpus of $200 million with an additional $100 million greenshoe option to fund healthcare enterprise innovation startups in India. Founded in 2016 under the Quadria Group, HealthQuad has focussed on backing tech-enabled healthcare models at the early-growth stage. The firm's first two funds backed over 18 companies, including Medikabazaar, THB, Wysa, Ekincare, Redcliffe Labs, GoApptiv, and Strand Life Sciences. This announcement comes in the wake of a split between HealthQuad's leadership team and Kois, the Belgian firm that co-founded HealthQuad alongside Quadria Capital. Following the departure of a general partner, the individual has launched a new healthcare venture capital fund of similar size, named HealthKois . 'We continue to own funds I and II fully under Quadria,' Sunil Thakur, cofounder and investment committee member at HealthQuad, told ET. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories The new fund will focus on companies solving operational challenges for hospital chains. "We are looking to fund 13-15 companies in this fund," said Thakur. The fund will tap into Quadria Group's extensive Asia network and institutional relationships to drive growth in portfolio companies. Parent company Quadria Capital recently raised $1.07 billion for its third fund, demonstrating strong investor appetite for the group's strategy.
Time of India
6 days ago
- Business
- Time of India
Quadria Group launches HealthQuad Fund III to improve healthcare accessibility
New Delhi / Mumbai: Healthcare-focused Private equity firm Quadria Group has announced the launch of HealthQuad Fund III . The new fund has a target corpus of $200 million, with an additional $100 million greenshoe option. HealthQuad Fund III follows two earlier funds that supported early-stage, tech-enabled healthcare ventures in India. The stated aim of the fund is to continue investing in models that improve access, affordability, and quality of care. HealthQuad was launched in 2016 as a separate investment vehicle within Quadria to focus on early-growth healthcare innovations. As part of the latest development, Quadria Group states it will take full ownership of the HealthQuad platform following its separation from KOIS. Dr. Amit Varma, Abrar Mir, and Sunil Thakur will lead the platform, and most existing investment and investment committee team members will remain involved with the portfolio. Quadria also indicates plans to expand the team with new hires from investment, operations, and clinical backgrounds, to be announced shortly.
Time of India
06-06-2025
- Business
- Time of India
HealthKois launched to support healthcare enterprises
National: Healthcare transformation fund HealthKois has been launched with a target corpus of USD 300 million and an additional green shoe option of USD 100 million. The fund has been established by the leadership team behind HealthQuad —Charles Janssen (Managing Partner), Ajay Mahipal (Partner), and Dr. Pinak Shrikhande (Partner). Positioned as the successor to HealthQuad, HealthKois will invest in technology-enabled, scalable healthcare enterprises. According to the company, the fund aims to deliver risk-adjusted financial returns along with measurable social impact. It is indicated that over the next four years, HealthKois plans to invest between USD 7 million and USD 25 million per company, targeting early growth-stage businesses in HealthTech , Life Sciences , MedTech , Healthcare Delivery, and Climate Health. The fund is intended to focus on companies which have scalable operations, demonstrate clinical outcomes, and have sustainable infrastructure models.
