NephroPlus Secures Rs. 850 Crores Investment from Quadria Capital
Written by Arushi Sharma
NephroPlus, a leading dialysis service provider, secures a substantial Rs. 850 crore investment from Quadria Capital. This strategic alliance aims to enhance access to high-quality dialysis services across India and Asian markets, addressing the region's growing healthcare needs.
NephroPlus, a leading provider of dialysis services, has announced a significant investment of Rs. 850 crores from Quadria Capital, a healthcare-focused private equity firm.
The investment will see Quadria acquiring a substantial minority stake in NephroPlus through a combination of primary investment and the purchase of shares from existing shareholders.
According to a press release issued by the company, the infusion of funds will bolster NephroPlus' efforts to meet the escalating demand for high-quality and affordable dialysis services across India and other Asian markets. The company aims to capitalize on the projected growth in demand for dialysis services, which is anticipated to surpass 11% annually over the next five years in its target markets.
Vikram Vuppala, Founder and CEO of NephroPlus, expressed optimism about the company's expansion prospects, stating, "We look forward to expanding in India, while exploring further opportunities to bring our expertise to more patients in other global markets."
Sunil Thakur, Partner and Head of South Asia at Quadria Capital, highlighted the investment as a testament to Quadria's commitment to supporting regional champions in Asian healthcare. He emphasized the importance of providing high-quality and affordable healthcare to underserved populations, a mission that aligns with NephroPlus' vision.
The partnership between NephroPlus and Quadria Capital signifies a strategic alliance aimed at addressing the growing healthcare needs in the region. As NephroPlus continues its expansion journey, fueled by this substantial investment, it is poised to make a significant impact in enhancing access to critical dialysis services for patients across India and beyond.