Kidney Care Clinic 'DCDC' lifts nearly $10 million Funding from BII
DCDC Health services private limited, which operates dialysis centers under the brand DCDC Kidney Care, has secured a strategic investment of Rs. 82 crore from British International Investment, the UK's development finance institution and impact investor.
The funds will be used to deliver critical, life-saving dialysis treatments to low-income patients suffering from end-stage renal disease.
In public-private partnership (PPP) arrangements with state governments, DCDC operates dialysis clinics. Economically weaker sections of the population are treated.
Between 2022 and 2026, at least 30% of its total new commitments will be allocated to climate finance. The company currently invests in over 1,580 businesses across 65 countries.
Over 100 dialysis machines are expected to be installed in over 100 centers over the next three years, according to the start-up. Over 15,000 distinct patients are expected, with the majority being low-income. This will lead to the creation of around a thousand direct employment opportunities.
Over 190 clinics are currently operated by DCDC across the country, including PPP clinics, standalone clinics, and clinics within private hospitals.
BII Managing Director and Head of Asia Srini Nagarjan said that the debt facility will allow DCDC to expand its network of centers in partnership with the government, which provides life-saving treatment to low-income people in remote towns. We will continue to expand our centers in South India, especially in Karnataka and Telangana, grateful to this investment.
The funds will be used to deliver critical, life-saving dialysis treatments to low-income patients suffering from end-stage renal disease.
In public-private partnership (PPP) arrangements with state governments, DCDC operates dialysis clinics. Economically weaker sections of the population are treated.
Between 2022 and 2026, at least 30% of its total new commitments will be allocated to climate finance. The company currently invests in over 1,580 businesses across 65 countries.
Over 100 dialysis machines are expected to be installed in over 100 centers over the next three years, according to the start-up. Over 15,000 distinct patients are expected, with the majority being low-income. This will lead to the creation of around a thousand direct employment opportunities.
Over 190 clinics are currently operated by DCDC across the country, including PPP clinics, standalone clinics, and clinics within private hospitals.
BII Managing Director and Head of Asia Srini Nagarjan said that the debt facility will allow DCDC to expand its network of centers in partnership with the government, which provides life-saving treatment to low-income people in remote towns. We will continue to expand our centers in South India, especially in Karnataka and Telangana, grateful to this investment.