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Nephrocare India raises Rs 8.08 crore in pre-IPO funding

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The funding round involved contributions from Deepak Parekh, ex-chairman of HDFC; Bharat Shah, HDFC Securities chairman; and Rajendra Agarwal, founder and MD of Macleods Pharmaceuticals. With the new funding, NephroCare India intends to establish 22 advanced kidney care facilities across India by March 2026. The initial objective is to inaugurate four centres by the conclusion of the current fiscal year. In a more extensive vision, the company aims to open 300 NephroCare centres nationwide within the next 8-10 years.

The company emphasized the urgent requirement for enhanced kidney care in India. With approximately seven crore individuals grappling with chronic kidney diseases and a severe shortage of haemodialysis centres, there is substantial demand for accessible and high-quality kidney care. Nearly one in eleven Indians faces the risk of renal failure, primarily stemming from diabetes and hypertension. India, frequently termed the 'diabetes capital of the world', witnesses the addition of around 250,000 new dialysis-dependent patients annually due to progressing kidney conditions. This concerning statistic underscores the immediate necessity for increased infrastructure and facilities to address the escalating health crisis.

Nephrocare is a healthcare provider specializing in the treatment of kidney-related diseases. Our dedicated team of experienced nephrologists and healthcare professionals is committed to delivering the highest quality care highest quality care to our patients. Recognizing the challenges associated with managing kidney-related conditions, we offer comprehensive treatment plans tailored to the unique needs of each individual. Our advanced facilities are equipped with the latest technology and tools, ensuring that patients receive optimal care. At Nephrocare, our mission is to enhance the quality of life for our patients by providing them with the necessary care and support for managing kidney-related diseases. We prioritize compassionate care, treating every patient with the respect and dignity they deserve. At Nephrocare, the well-being of our patients is our foremost priority, and we strive to ensure that each individual receives the care required for a healthy and fulfilling life, as expressed by the director of Nephrocare.