Eight Roads Ventures has announced its first India-focused healthcare and life sciences fund of $250 million. The new fund will back 15 to 20 companies in the space, ranging from smaller investments to cheque sizes of up to $40 million.
The fund has amassed a portfolio of 25 companies in the healthcare and life sciences value chain since its first investment in 2011. The new fund will continue to focus on early- to growth-stage investments in life sciences, healthcare services, consumer health, and digital health.