New Delhi, Feb. 12 -- W Health Ventures has announced the initial close of its second fund atINR 550 crore, moving towards a final target of INR 630 crore, as it deepens its focus on building healthcare companies from the ground up.

Rather than backing existing startups, the firm continues to centre its strategy on company creation, co-founding businesses alongside clinicians, operators and founders to address persistent gaps in healthcare delivery across India and the US-India corridor.

The move comes at a time when India's healthcare system is facing growing pressure from chronic disease, changing patient expectations and limited specialist capacity.

W Health Ventures was founded in 2021 on the premise that many healthcare challenges...