Intellecap advises series A financing in Jeevanti  Healthcare Private Ltd. 
May 25, 2011
Hyderabad, India

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.

Seedfund is India's leading early-stage venture capital fund, with operations in Bombay, Bangalore and New Delhi.


Intellecap is a global advisory firm with operations in India and Africa. Its 4 year old Investment Banking arm is dedicated to creating a vibrant eco-system in the sectors of healthcare, education, financial inclusion, clean technology, agriculture and rural businesses. The team at Intellecap has successfully helped companies raise over USD 150 Mn of funds.  A ranking study by Venture Intelligence, placed Intellecap at the 2nd position amongst investment banks in the PE advisory space in India for calendar year 2010.