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Quadria Group Launches USD 300 Mn HealthQuad Fund III to Boost Healthcare Innovation
Quadria Group Launches USD 300 Mn HealthQuad Fund III to Boost Healthcare Innovation

Entrepreneur

time4 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.

Quadria Group announces HealthQuad Fund III with $300 million corpus
Quadria Group announces HealthQuad Fund III with $300 million corpus

Business Standard

time5 days ago

  • Business
  • Business Standard

Quadria Group announces HealthQuad Fund III with $300 million corpus

Private equity firm Quadria Group on Tuesday announced the launch of HealthQuad Fund III, with a target corpus of $200 million and a $100 million in greenshoe option. HealthQuad Fund III succeeds Funds I and II, which have supported over 18 healthcare companies, including Medikabazaar, THB, Wysa, Ekincare, Redcliffe Labs, GoApptiv, and Strand Life Sciences. Quadria Group is aiming to raise $300 million (about Rs 2,550 crore) for its HealthQuad Fund III. Quadria Group has retained a large part of the existing investment and investment committee team members, who will continue to be involved in the existing portfolio investments, a company statement said. It will also add more people to its investing, operating and clinical team. "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. "With the full ownership of Fund III and expanded leadership, we are better positioned than ever to deliver cross-regional value for our portfolio companies, across South Asia, Southeast Asia, and the GCC, creating an unparalleled platform for health innovation," Amit Varma, co-founder and Investment Committee member, HealthQuad, said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

HealthQuad targets raising $300 million third fund to back healthcare tech startups
HealthQuad targets raising $300 million third fund to back healthcare tech startups

Economic Times

time5 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.

HealthQuad raises $300 million for third India-focussed healthcare fund
HealthQuad raises $300 million for third India-focussed healthcare fund

Time of India

time5 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.

Quadria Group launches third HealthQuad fund with a corpus of $300 million
Quadria Group launches third HealthQuad fund with a corpus of $300 million

Time of India

time5 days ago

  • Business
  • Time of India

Quadria Group launches third HealthQuad fund with a corpus of $300 million

MUMBAI: Quadria Group, a healthcare-focused private equity platform on Tuesday announced the launch of HealthQuad Fund III, with a proposed raise of up to $300 million. The fund seeks to back healthcare ventures that have significantly expanded access, affordability, and quality of care across India. Funds I and II backed over 18 companies including Medikabazaar, THB, Wysa, Ekincare, Redcliffe Labs, GoApptiv, and Strand Life Sciences. Dr. Amit Varma, Co-founder and Investment Committee member, HealthQuad, said, '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. With the full ownership of Fund III and expanded leadership, we are better positioned than ever to deliver cross-regional value for our portfolio companies, across South Asia, Southeast Asia, and the GCC, creating an unparalleled platform for health innovation. ' Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

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