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Status
ACTIVE
Global HQ
Mumbai, India
Countries of investment
  • India
  • United States
  • Singapore
  • United Kingdom
Investment stages
  • Series A
  • Series B
  • Series C
Industries
  • HealthTech
  • Digital Health
  • BioTech
  • Medical Devices
  • Health Services
  • Pharma
  • Wellness
About
HealthQuad is a Mumbai-based VC focused on healthcare technology companies. Their focus spans digital health, biotech, medical devices, health services, and HealthTech across India, the United States, Singapore, and the United Kingdom. The firm supports healthcare founders from Series A through Series C.
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$2M
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$15M
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Investment Thesis

HealthQuad is a venture capital firm deploying capital across healthcare technology, digital health, biotech, medical devices, and health services sectors with focus on Indian and emerging markets. They invest in Series A through Series C founders building category-defining healthcare companies transforming Indian and global health systems. The firm differentiates itself through its Mumbai positioning, dedicated focus on Indian healthcare innovation, operator-investor expertise across healthcare ecosystems, and multi-fund track record supporting healthcare companies from Series A through later-stage growth.
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Co Invest
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Manager's Experience

The HealthQuad team brings combined Indian healthcare operator-investor expertise across digital health, biotech, medical devices, and health services sectors. The firm is part of Quadria Capital (one of Asia's leading healthcare-focused private equity firms with $2B+ AUM), led by Sunil Thakur (Managing Partner) and Amit Varma (Co-Founder & Managing Partner of Quadria Capital). The team operates from Mumbai with dedicated focus on Indian healthcare innovation, multi-fund track record supporting healthcare companies from Series A through later-stage growth, and operator-investor expertise across Asian healthcare ecosystems.

Team

Sunil Thakur - Managing Partner

Amit Varma - Co-Founder & Managing Partner Quadria Capital

Ajay Mahipal - Partner

Portfolio

Wysa

MoEngage

MFine

Health Care Global

Strand Life Sciences

Niramai

Innovaccer

eExpedise

Imaging Endoscopy Centre

Glenwood Hospital

Optimus Drugs

Suburban Diagnostics

Ekincare

mGap

Onsurity

Asian Institute of Nephrology and Urology

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