Quadria Capital, one of Asia’s largest healthcare-focused private equity firms, announced an investment of INR 850 Crores in NephroPlus, Asia’s largest dialysis network.
Through this transaction, Quadria will acquire a significant minority stake through a combination of a primary investment and the purchase of shares from existing shareholders. The transaction will support NephroPlus in serving the growing demand for high-quality, affordable dialysis services across India and other markets in Asia.
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NephroPlus intends to increase its market leadership and capitalize on growth prospects by utilizing its strong brand, operational know-how, and reliable relationships with top nephrologists with Quadria’s assistance.
Vikram Vuppala, Founder and CEO of NephroPlus, said: “Our business has evolved tremendously over the past few years and today we are proud to be one of the fastest growing and most trusted providers of high-quality dialysis to around 30,000 patients. We look forward to expanding in India, our core market, while exploring further opportunities to bring our expertise and clinical excellence to more patients in other global markets. Quadria’s healthcare expertise, capital and focus on operational value creation will put us in an even better position to keep scaling, innovating, and delivering affordable and high-quality care.”
Working with top nephrologists, the organization provides dialysis services to patients at dialysis centers in prestigious hospitals as well as freestanding clinics. In both urban and rural regions, NephroPlus also provides care through public-private partnerships.
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Sunil Thakur, Partner and Head of South Asia at Quadria Capital, said: “Quadria’s investment in NephroPlus underscores our ambition to invest in regional champions of Asian healthcare, who are providing high-quality, affordable healthcare to large, under-served populations. NephroPlus has demonstrated its ability to significantly improve health outcomes for its patients, whilst maintaining industry-leading growth and profitability. We look forward to working with their leadership team to continue to expand their footprint, increase access to dialysis services across Asia and accelerate the next phase of growth for NephroPlus.”
About NephroPlus
NephroPlus operates around 450 dialysis centers in 250+ towns and cities across India, the Philippines, and Uzbekistan, offering quality, affordable services to around 30,000 of patients and performing over 3 million dialysis sessions each year.
About Quadria Capital
Founded in 2012, Quadria is an Asia healthcare-focused private equity firm with assets under management of over US$3.4 billion, maximising returns by investing in the high growth healthcare sector
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