eHealth TBI is looking to raise at least Rs.100 crore for an early stage VC fund, with another Rs.50 crore as a green shoe option. So far it has secured a commitment for Rs.30 crore. The fund will invest in 10-20 startups in their first rounds.
Bangalore-based eHealth TBI is a Technology Incubator, focused on IT applications in Healthcare industry, located at the PES School of Engineering.
Source: Business Standard
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