Investment firm, Venture Factory has launched VF-Healthcare program, to accelerate seed stage startups working in healthcare domains.
It will be a three-month hands-on program for entrepreneurs to partner with in-house experts, to prove a business case and get seed-funded by Venture Factory.
To facilitate the same, Venture Factory has entered into a partnership with Practo, Cloudnine and Plan India to identify existing problems prevalent in India’s healthcare sector and to select startups that may offer solutions.
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The program will include Shashank ND (co-founder of Practo), Deepam Mishra of I2India, Rohit MA (co-founder of Cloudnine Healthcare Facility) and Bhagyashri Dengle (executive director at Plan India) on board as mentors, amongst others.
As a part of the program, Venture Factory is aiming to fund up to 5 startups in the healthcare sector. It will make investments along with follow on funding ranging between $500K To $2 Mn per startup.
The investments are expected to be closed within the next six months, while scouting for entrepreneurs from varied backgrounds.
Interested startups can apply here!
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