CureSkin snags $20 mn from healthcare-focussed VC firm HealthQuad
Consumer healthcare startup CureSkin has raised $20 million (around Rs 166 crore as per current rates) as a part of its Series B round, led by health-focussed venture capital investor HealthQuad. The round also saw participation from the company’s existing investors including JSW Ventures, Khosla Ventures and Sharrp Ventures, a company ......
Did HealthQuad meet exit benchmark from eight-year-old bet?
Healthcare-focussed venture capital firm HealthQuad, which has backed companies such as diagnostics service provider Redcliffe; mental health platform Wysa and medical imagining diagnostics firm qure.ai, has bagged benchmark returns after exiting an eight-year-old investment, VCCircle has learnt. The homegrown VC firm - started by founders of private equity firm Quadria Capital, ......
HealthQuad weighs two more exits, sets sight on wrapping up debut fund
Healthcare-focused venture capital firm HealthQuad, which has clocked two exits over the past few months, is in talks to sell its stake in two more companies as it looks to wrap up its maiden fund, VCCircle has learnt. The VC firm, started by the co-founders of private equity firm Quadria Capital, raised its debut ......
VC-backed Redcliffe onboards new investor in Series C funding
Redcliffe Lifetech Pvt Ltd, which operates diagnostic centers under the Redcliffe Labs brand, has raised Series C funding from existing backers as well as a new international investor. The company, which counts emerging markets-focused impact investor LeapFrog Investments and Indian venture capital firm Chiratae Ventures among its investors, secured $42 million (Rs ......
PE-backed Medikabazaar names former Healthium Medtech exec new CEO
Medikabazaar, a business-to-business online marketplace for medical supplies, said Wednesday it has appointed Dinesh Lodha as the new group CEO. Lodha, the former group CEO of healthcare products supplier Healthium Medtech, has over two decades of experience in the medtech industry and has served in leadership roles across various sectors, Medikabazaar ......
Did HealthQuad meet benchmark returns in exit from seven-year-old bet?
Healthcare-focused venture capital firm HealthQuad, which has backed companies such as diagnostics service provider Redcliffe, mental health platform Wysa and medical imagining diagnostics firm qure.ai, has made an exit from a seven-year-old investment. The homegrown VC firm, which was started by founders of private equity firm Quadria Capital – Amit Varma ......
Moglix backer Jungle Ventures taps returning LP for fifth fund
Southeast Asia- and India-focused venture capital firm Jungle Ventures is set to secure a commitment from a returning limited partner for its fifth fund, VCCircle has gathered. The Singapore-based VC firm, which counts business-to-business marketplace Moglix and ice-cream maker NIC in its India portfolio, is in talks with International Finance Corporation ......
Family offices, professionals must align strategy: Sharrp Ventures’ Mariwala at VCCircle summit
Family offices and non-family professionals who manage their investments must align their long-term strategy to maintain discipline and gain an edge over other investors, said Rishabh Mariwala, managing partner of Sharrp Ventures. “The family should be clear with who’s the decision maker, what is the strategy, what is the cheque size, ......
HealthQuad bumps up target corpus for new fund, closes at $162 mn
Healthcare focused venture capital firm HealthQuad Advisors Pvt Ltd has announced the final closure of its second fund at $162 million (Rs 1,226 crore), more than 2.2 times greater than its target size at launch. VCCircle reported in July 2020 that the fund was aiming to raise a total of $73.4 million ......
Stride Ventures writes venture debt cheque for Healthquad backed startup
Venture debt firm Stride Ventures, which last month floated a bigger second fund, has struck a new bet by investing in a healthtech startup backed by venture capital firm Healthquad, a person familiar with the development told VCCircle. Stride Ventures has invested Rs 40 crore ($5.46 million) in Medikabazaar, a business-to-business ......