Venture Capital
With Fund II, W Health plans to build and scale 8-10 new companies over the next four years.
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Private Equity
The category II alternative investment fund is targeting a total corpus of Rs 5,000 crore.
Deals
The company serves customers across over 19,000 pin codes in India.
IPOs & Markets
In April 2025, the company had raised 5 billion rupees through a similar issue.
People
The hiring push would double UBS’s workforce in Hyderabad.
Earnings and Results
Its revenue rose 38.8% to Rs 23.08 billion, outweighing total expenses which rose 28% to Rs 16.9 billion.
It is seeking a valuation of up to $1.59 billion at the upper-end of the band.
Zephyr Peacock, Jungle Ventures, Accion Ventures and NBD Ventures also joined the round.
The fresh capital will be used to expand clinics and services, and grow the veterinary ecosystem.
The funding includes an equity component of up to $25 million.