NephroPlus raises Rs 100 crores
To set up 500 centres in the next five years
NephroPlus, dialysis service provider network, has raised Rs 100 crores in Series C funding led by SeaLink Capital Partners (SCP) and International Finance Corporation (IFC), a member of the World Bank Group). Heramb Hajarnavis, Managing Partner, SeaLink Capital Partners (SCP) is joining the Board of Directors of NephroPlus.
The new infusion of funds will be used to meet the growing need for kidney disease management services in the country and for the expansion of NephroPlus’ network. Over the next five years, NephroPlus aims to provide over four million treatments per year and create around 5,000 skilled health services jobs. The aggressive expansion plan will also witness NephroPlus network growing to 500 centres across India in the next five years.
NephroPlus is committed in this critical national initiative by partnering with central and various state governments to make quality dialysis, accessible to all. The company recently signed a contract with Andhra Pradesh Government to run 13 such centres in the state.
EH News Bureau
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