Gentium Capital enters India with $5B investment in healthcare

Gentium Capital LLP, a global private equity firm, has opened its first office in Pune, marking the start of a major expansion into India's rapidly growing market. The firm has unveiled a $5 billion investment plan for the next five years, focusing on key sectors such as healthcare, energy, and defense manufacturing.

Abhishek Bal, Managing Partner at Gentium Capital, expressed confidence in India's growth, saying, "India's thriving start-up ecosystem and expanding middle class present significant opportunities. We're focusing on healthcare, energy, and defense as high-growth sectors with immense potential”

Gentium Capital’s healthcare strategy targets a booming sector, with hospitals valued at $100 billion, telemedicine at $6 billion, and medical tourism set to more than double. "We plan to allocate 50% of our portfolio to healthcare, aiming for a return of 9-11x over the next 5-7 years," said Bal.

Gentium Capital's healthcare strategy targets a booming sector, with hospitals valued at $100 billion, telemedicine at $6 billion, and medical tourism set to more than double. "We aim to allocate 50% of our portfolio to healthcare, targeting are turn of 9-11x over 5-7 years,” added Bal.

Lakshya, co-founder and partner, emphasized the growth driven by government initiatives like ‘Make in India’ and production-linked incentives. The renewable energy market is expected to grow from $22 billion to $100 billion by 2030, with an annual growth rate of 30%. Looking ahead, Gentium plans to further expand its presence in India with new offices in Mumbai and Bangalore and will make senior and mid-level hires over the next 2-3 years.