India’s Healthstart is set to launch an incubator fund with a focus on “technology players, mobile health solutions and low-cost healthcare”. The Delhi-based venture claims to be the country’s first health incubator, according to VCCircle.

The firm aims to back around 15-20 start-ups in 2013 with a seed capital of “up to $100,000”, according to the report.

“We are going to look at the entire spectrum of support, right from seed funding to looking at their business models, and will invest between $50,000 and $100,000. That’s what incubators globally invest in startups,” said Pradeep Jaisingh, founder and chairman of the firm.

Healthstart “will look both ways” in terms of the start-ups it will fund. Indian start-ups whose ideas are relevant for a global market, as well as international entrepreneurs whose innovations might work in the Indian market, are both potentially attractive to the firm.