Asian Healthcare Fund
Building No. 3, Factory Road, Near Safdarjung Hospital, New Delhi, Delhi, 110029, India
Overview
Asian Healthcare Fund (AHF) is a New Delhi based private equity fund that invests exclusively into India's healthcare and life sciences sectors. AHF was founded in 2010 on the principle that healthcare as a sector is unique in terms of its investment and management complexities and as such is a sector that requires a specialized approach. Since AHF invests only into healthcare and life sciences and since the AHF team is comprised entirely of healthcare sector experts (i.e. physicians, scientists, healthcare promoters, pharmaceutical CEOs and hospital CFOs), AHF is uniquely positioned to: i) identify the most promising healthcare investment opportunities; and ii) utilize its sector expertise and network to work with Promoters in maximizing a company's value creation potential.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Forus Health
Led · Series B · Jan 2014
Forus Health focuses on affordable ophthalmology technology designed for use by minimally trained technicians. Its portfolio product, 3nethra, is a pre-screening ophthalmology device and the company says it has sold 200 devices in India. Forus was founded in 2010 and operates an R&D facility in Bangalore. The company plans to develop new products from that R&D facility and to scale through strengthened supply chain and sales networks. Financially, Forus has completed a Series B round and previously raised capital in 2012. The business positions itself as a domestic alternative to imported medical equipment makers. Forus Health Pvt. Ltd. is a Bangalore-based affordable medical technology and solutions company focused on ophthalmology. Its core product, 3nethra, is a portable, low-cost, non-mydriatic, non-invasive pre-screening ophthalmology device that can detect cataract, glaucoma, diabetic retina, refraction and cornea problems. 3nethra can be operated by a minimally trained technician and is designed for deployment in remote areas. The company is led by President & CTO Dr. Shyam Vasudeva Rao, PhD., and CEO K Chandrasekhar. Forus has raised $5M in Series A funding from Accel Partners and IDG Ventures India. The company intends to use the funding to drive manufacturing and sales of 3nethra and to accelerate research on 3nethra and other devices.
- Healthspring
Led · Equity · Jun 2013
Healthspring, run by Wellspring Healthcare Pvt Ltd, delivers patient-centric primary healthcare through its Healthspring Community Medical Centres. Its clinics provide family medicine along with in-house pharmacy, radiology, pathology and minor procedure facilities, aiming to replicate the convenience of a modern ‘family doctor’. The company currently employs over 150 staff and runs eight centres in Mumbai. Management plans to expand aggressively to 170 centres over the next three-and-a-half years, initially targeting India’s six major metro areas before moving into tier-I cities such as Pune and Ahmedabad. Expansion will follow a lease model requiring roughly Rs 40-70 lakh per centre, and the firm expects to supplement equity with future debt financing. Healthspring has hired Mosaic Capital to arrange additional capital and expects to deploy the newly raised funds fully within three years.
Team
No current team members are available.