VC fund (Cat II) · SEBI registry
Quadria Capital Indi Trust III
Growth (Series C+) · Healthcare services · New Delhi
At a glance
- Stage focus
- Growth (Series C+)
- Primary sector
- Healthcare services
- City
- New Delhi
- HQ / office
- New Delhi (Lado Sarai, Mehrauli — India advisory office); firm HQ is Singapore
- Fund registered
- 2023
- Investments on record
- 5
- Corpus (as reported)
- Fund III closed at ~US$1.07 billion (2024, oversubscribed; ~US$1.3 bn with co-investment); firm manages over US$4 billion across ~27 investments
- Website
- quadriacapital.com/
- Profile ↗
About
Quadria Capital India Trust III is the Indian feeder/trust of Quadria Capital, an independent Singapore-headquartered healthcare-focused private equity firm founded in 2012 by Abrar Mir and Dr. Amit Varma, with its investment advisory arm in New Delhi. It invests growth capital in healthcare companies across South and Southeast Asia.
Investment focus
Healthcare-focused private equity (Cat II): growth capital in healthcare delivery, hospitals, diagnostics, life sciences, medtech, pharma and healthcare services across South and Southeast Asia
SEBI registration
SEBI AIF Category II — reported as “Cat II”
- IN/AIF2/23-24/1442
SIDBI Fund of Funds
Yes (DFI LPs, not SIDBI) — Quadria Capital Fund III LP backed by development finance institutions: ADB signed a USD 25M equity commitment, and IFC proposed equity of up to USD 40M plus up to USD 30M co-investment envelope. No SIDBI/Indian-government-FFS relationship found.
Notable portfolio
NephroPlus; Maxivision Eye Hospitals; Straits Orthopaedics; AIG Hospitals; Hermina Hospitals
Team & organisation
Approx 10+ professionals (per Wikipedia); 'one of the largest dedicated healthcare investment teams in Asia' per firm.
Asia healthcare-focused private equity firm (founded 2012 by Abrar Mir & Dr. Amit Varma), HQ Singapore with India investment advisory in New Delhi; multi-fund LP trust structure — this entry is Fund III ('Quadria Capital India Trust III' / Quadria Capital Fund III LP), a Category II AIF feeder/trust.
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Frequently asked
- What does Quadria Capital Indi Trust III invest in?
- Healthcare-focused private equity (Cat II): growth capital in healthcare delivery, hospitals, diagnostics, life sciences, medtech, pharma and healthcare services across South and Southeast Asia
- How do I pitch Quadria Capital Indi Trust III through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ foreign-HQ (Singapore); private-equity / growth-capital healthcare fund (Cat II, not early-stage startup VC)
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://quadriacapital.com/about-quadria-capital; https://www.adb.org/projects/56201-001/main