Mayur Sirdesai, Managing Partner and Founder, Somerset Indus Capital Partners.

Somerset Indus Capital Partners, a healthcare-focused Indian private equity (PE) firm, has got soft capital commitments of about $70 million from existing limited partners (LPs) as it hits the road to raise its third fund.

The firm is targeting a corpus of $200 million for the vehicle that will buy minority stakes in mid-sized products and services companies in the healthcare sector, Mayur Sirdesai, Managing Partner and Founder, Somerset Indus Capital Partners told DealStreetAsia in an interview.