Sat, 07 December 2019
Bahrain-based alternative asset manager Investcorp has announced that it has closed a USD45 million investment in Nephrocare Health Services Private Limited.
Founded in 2010 by Vikram Vuppala and Kamal D Shah, NephroPlus is a dialysis service provider in India and has the largest network of dialysis centres in the country.
It hosts 140,000 dialysis sessions per month in 196 centres across more than 115 cities in India.
The primary capital raised in this round will be used towards organic growth in India and taking NephroPlus to other markets, starting with Southeast Asia.
Investcorp said NephroPlus aspires to build a regional network of dialysis centres spanning India and selected countries in Asia and the Gulf region.