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DCDC Health Services Private Limited (DCDC), which runs dialysis centers under the name DCDC Kidney Care, has received a strategic investment of Rs 82 crore (about $10 million) from British International Investment (BII), the UK’s development finance institution and impact investor.
Purpose of fund raising
The investment will help provide life-saving dialysis treatments to low-income patients with end-stage renal disease (ESRD).
DCDC operates dialysis clinics in partnership with state governments, offering treatments to economically disadvantaged groups.
The company plans to set up 900 dialysis machines across more than 100 centers over the next three years, aiming to treat over 15,000 patients, most of whom are from low-income backgrounds. This expansion will also create around 1,000 jobs.
BII has committed to allocating at least 30% of its new investments to climate finance between 2022 and 2026. It currently has investments in over 1,580 businesses in 65 countries.
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About DCDC
Deep Chand Dialysis Centre, established in 2009, specializes in dialysis care for ESRD patients. The first center, one of India’s earliest standalone dialysis centers, was set up in West Delhi. The company has since expanded to 12 dialysis centers in the Delhi NCR region.
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