Investment temperament: NFO for 5 index funds, health funds for Early to Late-Stage Capital & to transform India’s healthcare landscape

The Tech Panda takes a look at the investment temperament in the Indian startup ecosystem.

NFO for 5 Index Funds, Expanding Portfolio of Tailored Investment Options for Indian Investors

In August, Jio BlackRock Asset Management Private Limited (JioBlackRock Asset Management), a 50:50 JV between Jio Financial Services Limited (JFSL) and BlackRock*, launched its first suite of five Index Funds through a New Fund Offering (NFO).

Sid Swaminathan, MD and CEO, JioBlackRock Asset Management says, “JioBlackRock aims to cater to the full range of investors at all stages of their investment journey. The NFO is an invitation to the people of India to experience our digital-first and data-driven customer proposition, in order to access the many benefits of index investing, leveraging BlackRock’s many decades of experience as a leading provider of Index Funds. To truly democratise access to investing in India, we are also launching a series of educational initiatives, with engaging content aimed at all types of investors, from those just starting out to experienced investors.”

Health Fund Aiming for India’s Largest Integrated Healthcare Investment Platform Spanning Early to Late-Stage Capital

In June, Quadria Group, an Asian healthcare-focused private equity platform launched HealthQuad Fund III, with a proposed raise of up to US$300 million (target corpus of US$200 million with a US$100 million greenshoe option). Fund III is the successor fund to I, which was founded in 2016 & II, which delivered strong financial and impact outcomes. Quadria Group will retain most of the existing investment and investment committee team members who will continue to be responsible for the existing portfolio investments.

Dr. Amit Varma, Co-founder and Investment Committee member, HealthQuad, said, “India presents one of the world’s most compelling healthcare investment opportunities—driven by growing demand, digital acceleration, and underserved segments across primary, diagnostic, and chronic care. With the full ownership of Fund III and expanded leadership, we are better positioned than ever to deliver cross-regional value for our portfolio companies, across South Asia, Southeast Asia, and the GCC, creating an unparalleled platform for health innovation.”

With the new fund launch, the company aims to create India’s largest integrated healthcare investment platform spanning early to late-stage capital, build on strong global investor confidence following the oversubscribed close of Quadria Capital Fund III at $1.07 billion, and gain advantage in deal flow and sector knowledge from the reach of Quadria Capital’s dominant presence in Healthcare in Asia. It will also offer entrepreneurs access to the most successful dedicated group of healthcare executives in Asia to help grow their businesses.

Fund to Transform India’s Healthcare Landscape Through Scalable Innovation

HealthKois, an Indian healthcare transformation fund, launched with a target corpus of USD 300 million, and an additional green shoe option of USD 100 million. As a successor fund to HealthQuad, HealthKois will accelerate India’s healthcare evolution by investing in technology-enabled, scalable, and high-impact enterprises.

“HealthKois will back technology-led and innovative healthcare companies that address critical gaps in accessibility, affordability, and quality of care. Our goal is to transform care delivery by enabling early-growth ventures that bring real-world impact,” said Charles Janssen, Managing Partner, HealthKois. “With access to over 75% proprietary deal flow, we’re well-positioned to leverage our deep networks and operational expertise to deliver both superior financial returns and societal outcomes.”