India: NephroCare in talks to raise $15m; IFC, Bessemer may repeat invest too

Photo: Pradeep Gaur/Mint

NephroCare Health Services Pvt. Ltd, which runs a chain of kidney care clinics under the NephroPlus brand, said on Friday that it was in talks with potential investors to raise around Rs.100 crore to fund expansion plans.

The company declined to name the investors it is talking to, but said existing investors International Finance Corp. (IFC), an arm of the World Bank, and Bessemer Venture Partners will take part in the fresh round of fundraising.

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