Tata Capital Healthcare Fund to close 3-4 investments by mid-2024
TCHF II has already allocated 60% of the $130 million corpus raised last year. It has concluded seven investments to date. The current TCHF II portfolio is strategically diversified across domestic and export pharmaceuticals, cancer care clinics, ...
By Viswanath Pilla, ETMarkets.com |
ETMarkets.com
Tata Capital Healthcare Fund II (TCHF II), the follow-on healthcare-focused private equity fund under Tata Capital said it will be investing in 3 to 4 more companies by the middle of 2024, in areas of pharmaceutical manufacturing, distribution and consumer nutrition, among others.
TCHF II has already allocated 60% of the $130 million corpus raised last year. It has concluded seven investments to date.
The current TCHF II portfolio is strategically diversified across domestic and export pharmaceuticals, cancer care clinics, dialysis centers, integrated regional diagnostic chains, and digital healthcare.
“We strongly believe in a transformative approach, underpinned by our 3P framework—People, Process, and Performance," said Visalakshi Chandramouli, managing partner at TCHF.
"We're thrilled to report a remarkable 9.3 million health beneficiaries both direct and indirect in FY23, 44 new jobs created with $1 million invested by the fund and a 35% uptick in women employees across our portfolio companies,” Chandramouli added.
"Stay updated with Headlines that matter in just 2 minutes & under 90 words. Download TOI Shorts app to read the news in brief."
TCHF II has already allocated 60% of the $130 million corpus raised last year. It has concluded seven investments to date.
The current TCHF II portfolio is strategically diversified across domestic and export pharmaceuticals, cancer care clinics, dialysis centers, integrated regional diagnostic chains, and digital healthcare.
“We strongly believe in a transformative approach, underpinned by our 3P framework—People, Process, and Performance," said Visalakshi Chandramouli, managing partner at TCHF.
"We're thrilled to report a remarkable 9.3 million health beneficiaries both direct and indirect in FY23, 44 new jobs created with $1 million invested by the fund and a 35% uptick in women employees across our portfolio companies,” Chandramouli added.
"Stay updated with Headlines that matter in just 2 minutes & under 90 words. Download TOI Shorts app to read the news in brief."
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