Oasis Fertility, one of India’s most clinically advanced fertility chains, has raised $50 million in funding from Kedaara Capital, a private equity firm in India.
Hyderabad-based Oasis Fertility was founded in 2009 by Dr Durga Rao and Kiran Gadela, It is one of the most developed IVF chains in India.
The company has expanded its network of 26 clinics across 16 cities, doubling its revenue in the last three years. It also runs an accredited in-house training academy, the Oasis School for Human Embryology and Reproductive Medicine (OSHERM), which has trained over 200 medical professionals and published over 60 research papers.
Recently it launched a first of its kind andrology (male infertility) practice called AndroLife.
“Kedaara’s strategic partnership with Oasis is a significant milestone in our growth journey, and further cements our position as one of the most trusted providers of fertility treatments in India. We are delighted and excited about the prospects of leveraging Kedaara’s in-depth understanding of the sector and the Indian market and their experience in supporting & scaling marquee healthcare assets. We look forward to this partnership as we embark on a journey to pursue attractive synergistic acquisitions and create a leading fertility platform in India and South Asia to further our core purpose of helping couples achieve parenthood. With the help of our futuristic tech platform, we feel confident about executing on that strategy. We also thank the InvAscent team for their support over the past 6 years”, said Kiran Gadela, Co-Founder & Managing Director, Oasis Fertility.
Dr Durga Rao, Co-Founder & Medical Director, Oasis Fertility said, “Oasis’ patient-centric approach has been a symbol of excellence and transparency and our in-house training program has been the preferred choice for clinical talent in the country. We are delighted to welcome Kedaara Capital as a strategic partner on our mission to provide accessible, compassionate, and high-quality healthcare and to bring the joy of parenthood to couples across the country.”
“Oasis has created a scalable, replicable model and espouses a unique culture with clinical excellence and ethics at its core. Moreover, its highly experienced and well-trained clinical team has become a hallmark of excellence in the medical fraternity. We are excited to partner with Dr. Durga Rao, Kiran Gadela and the Oasis team in the journey to bring high quality, pioneering approach towards fertility treatment to people across India and adjacent markets. Kedaara, with its operational expertise, experience in healthcare and availability of additional capital, will support Oasis in the next step of its growth journey and in realising its vision of becoming the leading fertility chain in the country and adjacent geographies. We look forward to partnering with like-minded and culturally aligned IVF clinicians and practices across India and South Asia to form a fertility platform with patient centricity and clinical excellence as its bed rock”, said, Nishant Sharma, CIO & Managing Partner of Kedaara Capital.
About Oasis Fertility
Oasis Fertility is a comprehensive healthcare provider with specific attention to infertility treatments. Oasis is a ‘one-stop’ single-day care clinic where consultation, investigation and treatment are taken care of during the course of a single day.
They also take immense pride in our strict adherence to standards and quality. Oasis is an ISO 2001 certified organization and diligently follows the Indian Council of Medical Research (ICMR) guidelines. Oasis is also a member of The American Society for Reproductive Medicine and The Federation of Obstetric and Gynaecological Societies of India.
Oasis is a unit of the entity Sadguru Healthcare Services Pvt Ltd., which aims to offer state of art services in the Indian healthcare industry by leveraging latest technologies coupled with proven, evidence based international medical practices.