VC fund (Cat II) · Curated list
W Health Ventures
Seed · Healthcare services · Bengaluru
At a glance
- Stage focus
- Seed
- Primary sector
- Healthcare services
- City
- Bengaluru
- HQ / office
- Boston, US (firm HQ); India offices in Delhi, Mumbai and Bangalore. Full street addresses not published on the official site.
- Fund registered
- 2025
- Investments on record
- 12
- Corpus (as reported)
- Fund II first close INR 550 cr (~USD 60.6M), targeting ~INR 600 cr corpus (launched July 2025); operates alongside Fund I (the firm states USD 50M+ deployed).
- Website
- whealthventures.com
- Profile ↗
About
W Health Ventures is an early-stage, healthcare-only venture firm founded in 2019 by technology entrepreneur and philanthropist Sunil Wadhwani (co-founder of Mastech Digital and iGATE), headquartered in Boston with offices in Delhi, Mumbai and Bangalore. It uses a "found and fund" / company-creation model (closely tied to its India venture studio 2070 Health), building startups in-house before backing external founders. Key people include Dr. Pankaj Jethwani (Managing Partner) and Gaurav Porwal (Partner & COO).
Investment focus
Early-stage (seed to Series A); healthcare exclusively — single-specialty care models for India and AI-enabled B2B healthcare services for global markets (mental health, diabetes/chronic care, maternal & pediatric care, oncology, pain management, weight loss). Cheque size USD 1M–5M (INR 30–50 cr).
Cheque size
~INR 30–50 Cr average cheque per startup (Fund II)
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category I — Venture capital — reported as “Sector fund (healthcare VC / venture studio) / Cat I/Cat II”
- IN/AIF1/25-26/1991
- IN/AIF2/25-26/1793
SIDBI Fund of Funds
None found — anchored/founded by Sunil Wadhwani (Wadhwani family); Fund II first close ~INR 550 Cr from private LPs; no SIDBI FFS, state FoF, or government/DFI LP disclosed
Notable portfolio
Wysa (mental health); BeatO (diabetes care); Mylo (parenting/maternal); BabyMD (pediatrics); Elevate Now (weight/obesity management); Nivaan Care (chronic pain); Reveal HealthTech (AI B2B services); Everhope Oncology (cancer care; JV with Narayana Health & 2070 Health)
Team & organisation
~8 listed (Managing Partner Pankaj Jethwani; Partner/COO; CFO; 3 Operating Partners; Advisor; founder/chairman Sunil Wadhwani)
LLP-managed SEBI Category II AIF — 'W Health Ventures Fund II' (manager: W Health Ventures Investment Advisors LLP; SEBI Reg. IN/AIF2/25-26/1793); company-creation/venture-studio fund; HQ Boston with Delhi/Mumbai/Bangalore offices
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Frequently asked
- What does W Health Ventures invest in?
- Early-stage (seed to Series A); healthcare exclusively — single-specialty care models for India and AI-enabled B2B healthcare services for global markets (mental health, diabetes/chronic care, maternal & pediatric care, oncology, pain management, weight loss). Cheque size USD 1M–5M (INR 30–50 cr).
- What cheque size does W Health Ventures write?
- As compiled from public sources: ~INR 30–50 Cr average cheque per startup (Fund II)
- How do I pitch W Health Ventures 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
- ⚑ HQ is in Boston, USA (US-domiciled firm investing into India). Closely affiliated with 2070 Health venture studio (overlapping leadership; 2070 Health itself appears in the portfolio list). Private firm — no government/DFI linkage found.
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://www.whealthventures.com/aif-registration/; https://www.whealthventures.com/team/