Hyderabad: Dialysis service provider NephroPlus on Monday said that it is in advanced talks to foray into two new countries outside of the Indian subcontinet, according to an official.
Speaking to the media after the acquisition of US-based DaVita’s Indian arm, DaVita Care India, NephroPlus founder and CEO Vikram Vuppala, “Following the acquisition, the company, which had 154 dialysis centres in 92 cities across India, would now have add another 22 centres taking the count to 176 in 97 cities.”
However, he didn’t disclose the value of the deal but said the company plans to raise Rs 130-150 crore in Series D during the final quarter of FY19
Mr Vuppala, however, added that the funds raised would be used to foray into global markets and open about 20 centres over the next one year in two countries in South East Asia and Middle East.
