Seedfund has committed to invest USD 2.2 Mn in Jeevanti Healthcare Private Ltd. Jeevanti Healthcare has been set up recently by a team of distinguished entrepreneurs, Arun Diaz and Deepa Chandrashekhar, to start secondary hospitals in Tier II and III cities of Maharashtra and Gujarat.
Arun and Deepa are currently, successfully running The Apollo Clinic (franchisee of the premier Apollo clinics) in Thane, Mumbai region. Through Jeevanti, they now aim to provide quality medical facilities in under-served areas.
Intellecap was the sole advisor to this transaction.
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