NephroPlus raises $ 24 million in Series E round

NephroPlus raises $ 24 million in Series E round

Healthcare company NephroPlus has raised $ 24 million in a Series E round led by IIFL Asset Management (IIFL AMC) together with investments from existing investors InvestCorp and Bessemer Venture Partners (BVP).

Prior to that round, NephroPlus raised $ 45 million from InvestCorp in its 2019 Series D round. The funds will be used to pursue growth opportunities in India and selected international markets.

Founded in 2009 by Vikram Vuppala, NephroPlus is a dialysis center network operating in 275 dialysis centers in more than 170 cities, 23 states in India, treating over 18,000 patients per month and claiming to have performed over 60 lakh treatments to date.

Read More NephroPlus Raises $ 24M in Series E Round at Trickypedia.