Eight Roads Ventures India launches $250-M healthcare, life sciences fund

Eight Roads Ventures, backed by Fidelity, has announced its first India-focused healthcare and life sciences fund of USD 250 million. The fund will back 15 to 20 companies in the space, ranging from smaller investments to cheque sizes of up to USD 40 million. The fund will focus on early- to growth-stage investments in life sciences, healthcare services, consumer health and digital health.