NephroPlus: Quadria cap picks up minority stake in NephroPlus
NephroPlus, Indias largest dialysis chain, has secured $103 million (₹860 crore) in a Series F funding round led by Quadria Capital. This funding, a mix of fresh capital and a secondary sale, aims to drive expansion plans within India and targeted markets overseas. The primary component of the funding is ₹100 crore. Quadria Capital will become a minority shareholder, valuing NephroPlus at over ₹2,000 crore. Existing investors like Bessemer Venture Partners, International Finance Corporatio...
Saudi Arabia Sandeep Gudibanda Kamal Shah Vikram Vuppala International Finance Corporation Asian Development Bank
Source: indiatimes.com