The sovereign wealth fund of Qatar, Qatar Investment Authority (QIA), has invested $50 million strategic equity investment to Global Dental Services, the operator of the Clove Dental Chain of oral care clinics across the country.
Global Dental Services will utilise funds to create a therapeutic oral-care product line, quickly grow Clove Dental’s clinical network, and extend smile-enhancing solutions.
“This investment will enable us to pursue our growth plans in both existing and new tier I & II cities across India, ensuring that more Indians have access to reliable, high-quality, & affordable dental care” said Amarinder Singh, Founder & CEO of Global Dental.
About Global Dental Services
Under the Clove Dental brand, the Global Dental Services Group owns and runs 340 clinics in 24 cities in 12 states in India. Each Clove clinic offers a comprehensive range of dental treatments in each of its locations, with the support of 841 dentists. To guarantee that every patient receives care from the most qualified dentist, the clinics are arranged in clusters of 15 to 30. Within each cluster, there are specialized implantologists, orthodontists, prosthodontists, endodontists, periodontists, oral surgeons, pedodontists, and general dentists.