Archive · 7 Sep 2026
W Health Ventures Raises ₹700 Crore for Healthcare Builders
W Health Ventures is a company that helps create healthcare businesses.
It has raised ₹700 crore for its second fund.
This was more than its original goal of ₹630 crore.
The firm plans to build 8-10 healthcare companies in four years.
Instead of only investing in existing startups, it first looks for problems in healthcare.
Its team studies each problem for 12-18 months before building a company.
Two companies created through the new fund are Everhope Oncology and Everbright Health.
W Health Ventures says its companies have reached 25 million patients.
W Health Ventures closed its second fund at ₹700 crore, exceeding its ₹630 crore target.
The Mumbai-based firm plans to build 8-10 healthcare companies over the next four years.
Its company-creation model evaluates healthcare gaps for 12-18 months before recruiting founding teams.
Fund II has already produced Everhope Oncology with Narayana Health and Everbright Health.
The firm said its portfolio companies have reached 25 million patients across its healthcare businesses.
- Who
- W Health Ventures, led by managing partner Dr Pankaj Jethwani, closed its second fund.
- What
- The healthcare-focused venture capital firm raised ₹700 crore and plans to create 8-10 healthcare companies.
- When
- The announcement was published on September 7, 2026; the companies are planned over the next four years.
- Where
- W Health Ventures is based in Mumbai and plans to work across India and the US-India corridor.
- Why
- The firm aims to address gaps caused by rising healthcare demand and constrained supply.
- Fund size
- ₹700 crore
- Initial target
- ₹630 crore
- Planned companies
- 8-10 over four years
- Evaluation period
- 12-18 months before company creation
- Team size
- 50 people
- Companies created under Fund II
- Everhope Oncology and Everbright Health
- Patients reached
- 25 million