W Health Ventures announces first close of Fund II at Rs 550 Cr

Healthcare focused venture capital firm W Health Ventures has announced the first close of its second fund at Rs 550 crore. 

The fund has a target corpus of around Rs 630 crore and will invest in 8–10 healthcare startups.

The firm plans to invest in early-stage healthcare startups with cheque sizes ranging between Rs 30–50 crore. W Health Ventures follows a company-creation and incubation model, where it works with founders to build and scale healthcare businesses from inception.

The new fund will focus on segments such as AI-enabled healthcare services, chronic care, preventive care, geriatrics, oncology, and other healthcare delivery models.

Founded in 2019, W Health Ventures invests in healthcare startups operating across India and the US. The firm supports ventures across care delivery, digital health, and technology-led healthcare services.

W Health Ventures has started deploying capital from the first close and plans to complete the final close in the coming months.

Its portfolio includes healthcare startups such as Wysa, BeatO, and other digital health and care delivery ventures across India and the US.