India, Sept. 8 -- image credit- freepik

W Health Ventures (WHV) has announced the close of Fund II at Rs 700 crore, oversubscribed against its initial target of Rs 630 crore. The fund aims to build 8-10 companies from pre-idea to category leaders over the next four years.

W Health Ventures is India's first healthcare company creation fund. Its fifty-person in-house team of physicians, operators, and technologists identifies structural gaps in healthcare delivery, spends 12 to 18 months pressure-testing the opportunity, then recruits an exceptional founding team to build and scale.

"India is at an inflection point in healthcare as the rising demand and constrained supply create a structural mismatch. That mismatch is where lasting busin...