Bahrain's Investcorp invests $45m in Indian dialysis chain NephroPlus

Bahrain's Investcorp invests $45m in Indian dialysis chain NephroPlus

Photo: Reuters

Global alternative asset manager Investcorp has invested about $45 million (about Rs 323 crore) in Hyderabad-headquartered Indian dialysis services provider NephroPlus, providing an exit to one of the company’s existing investors.

“Glad to share that we have closed our $45 million Series D fund raise that includes primary capital and also exit to one of our investors. Our team across the country has worked amazingly hard on this over last 6 months,” NephroPlus founder Vikram Vuppala shared via a LinkedIn post on Monday.

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