India''s leading private equity fund ICICI Ventures has floated a special company to invest $250 million in healthcare in the next three years. ICICI Ventures has created I-Ven Medicare, a special vehicle for investments in healthcare, for the purpose. For the total investment, ICICI Ventures has already invested $80 million in the healthcare sectors of Maharashtra, Delhi and West Bengal. The rest would be raised through foreign partnerships and debts. I-Ven Medicare will be the lead vehicle for all ICICI Ventures investments and buyouts in the booming healthcare sector with a special focus on healthcare delivery systems. I-Ven will actively work with the portfolio companies in the areas of procurement, branding, national and international business development and improvement in systems and processes.
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