Craig Cimini will be the remaining managing director at health insurer Cigna's corporate venture capital subsidiary.

Sahil Choudhry, managing director of US-based health insurance provider Cigna’s corporate venturing and strategy unit, has departed to launch a mental health-focused startup.

Cigna Ventures hired Choudhry in November 2019 and his deals since have included a $32m series B round for Octave, the developer of a neurodegenerative disease management platform, and mental health app developer Ginger’s $100m series E round.

Choudhry said: I am excited to share that I will be taking the plunge into entrepreneurship. I…

James Mawson

James Mawson is founder and chief executive of Global Venturing.