Live
- Women should not be confined to homes: CM Naidu
- Xmas bells toll in churches as city glows with festive joy
- Governor, CM extend Christmas greetings
- Beacons of hope and love born on December 25
- Vajpayee’s legacy lives on as country marks his birth centenary
- Rythu Bharosa to pick best from PM -KISAN scheme
- Medak wears season’s festive look
- TG sets record in fine rice purchase
- Maintaining India’s growth momentum
- Study Reveals Teabags Release Billions of Microplastics and Nanoplastics, Entering Your Body
NephroPlus to go global
Citybased NephroPlus, a dialysis care network, on Monday announced its plan to enter the South East Asia and Middle East dialysis market It also announced acquisition of DaVita Care India, the dialysis and kidney care centre of USbased company DaVita Care
​Hyderabad: City-based NephroPlus, a dialysis care network, on Monday announced its plan to enter the South East Asia and Middle East dialysis market. It also announced acquisition of DaVita Care India, the dialysis and kidney care centre of US-based company DaVita Care.
At present, NephroPlus has 153 centres in 92 cities across 18 states in India. By next year, the company plans to expand its presence in the international market by acquiring 20 small dialysis centres under joint venture. For the international expansion, it plans to raise nearly Rs 150 crore in Series D of PE funding, from the existing and new investors.
Vikram Vuppala, Founder and CEO, NephroPlus, said, “we firmly believe that a sustainable business model is scalable. To scale up in the dialysis market, we are expanding our footprint. However, the countries in South East Asia and Middle East are yet to be finalised. By acquiring majority stake in the dialysis unit of a hospital or pharmacy chain, we will provide the dialysis scale, whereas the local support will be extended by these units.”
