30 October 2017 | News
NephroPlus intends to focus of different tiers of cities while expanding.
Image credit- belize healthcare
Dialysis and kidney care provider, NephroPlus, is planning to open 55 centres of dialysis service across India by the end of next year. The expansion step in the Indian market could entail an investment of around Rs 55 crore.
The company has about 126 dialysis centres in different cities in India. NephroPlus intends to focus of different tiers of cities while expanding.
The aim is to focus on tier II, III and tier IV cities such as non-metros, state capitals and large towns for expansion. NephroPlus Founder and CEO Vikram Vuppala stated that the company would be investing around Rs 1 crore per centre, which would have around 10-12 dialysis machines.
Already Rs. 100 crores have been raised from the World Bank and BS capital. NephroPlus has also partnered with HDFC bank in order to ensure sufficient funding for the next one and a half year.
The company is also planning to have presence in five new countries in the next five years..