Jungle Ventures merges HealthXCapital with itself

Singapore-based Jungle Ventures has merged HealthXCapital with itself to kick-start its healthtech foray. Apart from Jungle Ventures, Apollo Hospitals is also a limited partner in HXC. Following this move, the USD 20 million HealthXCapital - with investments in Red Health (formerly StanPlus), Medfin, and THB - will now join Jungle Ventures' portfolio. Two investment professionals from HealthXCapital's team - Seemant Jauhari, managing partner and Jimit Patel, senior associate - will be joining Jungle Ventures. with Jauhari becoming Partner for the Jungle's Healthcare vertical.