DSK Legal advised Aytas Capital B.V. in investing into HealthQuad, an India-focussed healthcare venture capital firm run by Quadria Capital, has raised Rs 1,134.5 crore towards the pre-final close of its second fund.

HealthQuad is backed by sponsors of Quadria Capital, a healthcare-focused private equity fund in Asia, and KOIS, an impact investment firm. HealthQuad Fund I (“Fund I”), the predecessor fund, has successfully deployed INR 2.55 billion in seven high growth potential companies.

HealthQuad has invested in health-tech companies such as Medikabazaar (digital platform for medical supplies and consumables), THB (clinical data aggregation and intelligence platform), HealthifyMe (digital wellness company) and Impactguru (integrated healthcare financing platform).

Date of Execution of Documentation: December 21, 2021

Date of Closing: December 21, 2021

Total Transaction Value: USD 25 Mn

The DSK core team representing Aytas Capital B.V. for the transaction comprised of Harvinder Singh; Partner, Shubhi Ameriya; Senior Associate and Arpita Nandi; Associate.

HealthQuad was represented by Khaitan & Co.