CHENNAI: Specialist VC firm W Health Ventures has invested $30 million to create a unique platform that will build health companies from scratch to make quality healthcare more accessible and affordable in India.
2070 Health will be a venture creation platform that brings together validated venture ideas, experienced founders, and cross-functional teams. The platform helps founders rapidly test, launch, and iterate on their ideas, giving them a greater chance of success than if they were trying to do this on their own.
2070 Health has already launched three companies in the past nine months: ElevateNow, Nivaan Care, and Reveal HealthTech. The funds from this capital raise will be used for building the 2070 Health platform as well as seed newly launched companies.
“Even as India has made tremendous progress in healthcare over the past 20 years in areas such as infectious diseases and maternal health, there are several other areas in healthcare with large unmet needs…We invested in 2070 Health to address these challenges that founders face while innovating in healthcare,” Sunil Wadhwani, president, W Health Ventures, said.
2070 Health will be a venture creation platform that brings together validated venture ideas, experienced founders, and cross-functional teams. The platform helps founders rapidly test, launch, and iterate on their ideas, giving them a greater chance of success than if they were trying to do this on their own.
2070 Health has already launched three companies in the past nine months: ElevateNow, Nivaan Care, and Reveal HealthTech. The funds from this capital raise will be used for building the 2070 Health platform as well as seed newly launched companies.
“Even as India has made tremendous progress in healthcare over the past 20 years in areas such as infectious diseases and maternal health, there are several other areas in healthcare with large unmet needs…We invested in 2070 Health to address these challenges that founders face while innovating in healthcare,” Sunil Wadhwani, president, W Health Ventures, said.
