W Health Ventures

About

W Health Ventures (also operating under its venture-studio brand 2070 Health) is a healthcare company-creation fund founded in 2020, with offices in Boston, Mumbai, Bengaluru, and Delhi. Rather than investing in existing startups, the firm builds healthcare companies from the ground up to address structural gaps in the India and US-India healthcare corridor.

Investment Focus

W Health Ventures builds healthcare companies from pre-idea to category leadership, targeting large-scale problems such as oncology, chronic pain management, metabolic health, pediatric care, and behavioral health across the US-India corridor.

Rather than backing existing startups, the firm's in-house team of physicians, operators, and technologists spends 12-18 months evaluating and de-risking a concept before recruiting a founding team and formally launching the company.

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Fund

W Health Ventures closed its second fund at $74M, exceeding its original $66M target.

The fund plans to build 8-10 new healthcare companies over a four-year investment period, deploying to 2-3 companies annually.

LPs include family offices and institutions from India and the US focused on the Indian healthcare sector. The fund is registered with SEBI as a Category II Alternative Investment Fund.

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Other Information

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Leadership

  • Pankaj Jethwani — Managing Partner
  • Gaurav Porwal — Chief Operating Officer
  • Bhavesh Hemani — Group CFO
  • Ashish Singh — Operating Partner
  • Ajay Sondhi — Operating Partner

Investment Strategy

Typical check size of $3.2M–$5.3M per company, deployed across 2-3 new healthcare companies per year. The firm co-founds and builds each company in-house rather than investing in existing startups.

Notable Investments

  • Everhope Oncology
  • Everbright Health
  • Elevate Now
  • Nivaan
  • Hoola Health

Contact Info

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whealthventures.com

Pankaj Jethwani — Managing Partner

pankaj@2070health.com

Gaurav Porwal — Chief Operating Officer

gporwal@whealthventures.com

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