TLDR:
- IFC is considering making a commitment to Indian healthcare VC Alkemi, which recently held a first close on about $50 million for its sophomore fund.
- Alkemi, founded by a McKinsey & Co alum, is targeting $75 million for its fund.
The International Finance Corporation (IFC) is currently contemplating a commitment to Indian healthcare venture capital firm Alkemi. The firm, founded by a former McKinsey & Co alum, recently closed its sophomore fund’s first round, raising around $50 million out of a targeted $75 million. This potential commitment from IFC could have significant implications for Alkemi’s future growth and investment strategies in the Indian healthcare sector.
This move by IFC underscores the increasing interest in the Indian healthcare market and the potential for significant returns in this sector. Alkemi’s focus on healthcare investments aligns with the growing demand for innovative healthcare solutions in India. With IFC’s backing, Alkemi could further expand its portfolio and support healthcare startups in the region.
