VC company HealthKois plans $400 million fund for healthcare play

HealthKois is aiming at a first close at the end of this year or early 2026. The investments will be deployed over the next four years, with ticket size of each of the investments likely in the range of $7 million to $25 million. "We are looking at a $300 million fund with a green shoe option of another $100 million," said Ajay Mahipal, partner at HealthKois. "We are looking at 13-16 portfolio companies in the HealthKois fund," he said.