Great article on seedfund in BusinessWorld. Also mentions Vaatsalya – So far, this thesis has been borne out by most of the firm’s investments. Vaatsalya, founded by doctors Ashwin Naik and Veerendra Hiremath, is now the acknowledged pioneer of affordable hospitals for smaller towns. It has just raised a $10 million round of funding from Singapore’s Aquarius Capital and is surging towards 20 hospitals by end 2011.