Kotak Alternate Asset Managers secures Rs 250 crore for its new life sciences fund, targeting healthcare startups.

Kotak Alternate Asset Managers Ltd., part of Kotak Mahindra Group, has achieved the first close of its life sciences fund with Rs 250 crore raised, aiming for a total of Rs 1,600 crore. The fund targets early- to growth-stage companies in healthcare sectors like pharmaceuticals, biotech, medical devices, and digital health. Kotak has previously invested in over 20 life sciences companies with around $22 billion under management.

2 months ago
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