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VC firm Helion to invest in health care, microfinance

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 6:21 AM IST

Helion Venture Capitals, which has investments in 30 domestic entities, plans to put money in health care, e-commerce and microfinance companies in the coming months.

The $350-million India-focused venture capital fund invests around $50 million annually in different companies.

"We are planning to make investments in companies operating in health care, e-commerce and microfinance areas, among others," Helion Advisors' Managing Director Sanjeev Aggarwal told PTI.
    
Helion Advisors is the investment advisor for the venture capital fund.
    
Out of the total $350 million, it has already pumped in about $250 million into various companies.
    
Currently, Helion has investments in companies in outsourcing, internet, technology products, educational and financial services areas, among others.
    
Without divulging specific financial and company details, he said that Helion invests around $50 million in six to seven companies every year.
    
"Our investments in each company varies from $2 to 10 million and we look at firms from different sectors," Aggarwal said.
    
Last week, Helion announced an investment of $6 million in real estate brokerage services firm Agni Property.
    
Helion is also an investor in travel services entity MakeMyTrip.Com, which was recently listed on the US stock exchange Nasdaq.
    
According to Aggarwal, health care is one of the fast growing areas and throws up many opportunities for entrepreneurs.

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First Published: Nov 14 2010 | 12:03 PM IST

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