The Tata Capital Healthcare Fund (‘TCHF’) is a growth oriented private equity fund focused on the healthcare and lifesciences sector in India. The fund is sponsored by Tata Capital Limited, a subsidiary of Tata Sons Limited. TCHF has raised ~ US$ 200 million across two funds - TCHF I (2012) and TCHF II (2022). Across both the funds, TCHF has invested in 18 companies, and has successfully exited 7 companies thus far

TCHF has a talented and diverse team with rich experience across pharmaceutical research, private equity, investment banking, equity research and operations. It is uniquely positioned to partner and support in scaling of healthcare and lifesciences businesses in India by focusing on an all-round approach – from deal sourcing, monitoring and value maximization to delivering exits.

TCHF’s successful track record of investments across two funds and exits from TCHF I stems from the fund’s ability to source differentiated deal flows, build robust diligence processes and formulate plans to ultimately deliver the best exits for investors; thereby maximizing returns for all stakeholders.

TCHF has been awarded ‘Healthcare Investor of the Year’ for three consecutive years (2018, 2019 and 2020) by Venture Intelligence.

Key Fund Highlights

2 Funds

TCHF I (Vintage: 2012) and TCHF II (Vintage: 2020)

250 Years

Combined Investing and Operating experience

13 Team members

Across investing, operations & advisors

18 Investments and 7 Exits

Across both fund vintages

US$ 200M

Total Funds Raised

Marquee international and domestic healthcare investors


Healthcare Investor of the Year

For 3 consecutive years (2018, 2019 and 2020) by Venture Intelligence