Tata Capital Healthcare Fund planning third fund

Tata Capital Healthcare Fund (TCHF), which has deployed 90% of its USD 130 million Fund II corpus, is firming up its plans for Fund III.TCHF has raised over USD 200 million across the two fund vintages - TCHF I (2012) and TCHF II (2022). TCHF scouts for opportunities across core sub-segments of healthcare delivery, pharmaceuticals, and medical devices.The fund is sponsored by Tata Capital Ltd, a subsidiary of Tata Sons Ltd. Across both the funds, TCHF I and TCHF II have invested in 18 companies and have successfully exited seven companies so far.