Mumbai Oncocare Centre (MOC), a network of cancer daycare facilities, announced that Tata Capital Healthcare Fund has raised up to $10 million for an undisclosed equity position. In the upcoming 18 months, MOC intends to use the newly invested funds to expand throughout India.

Founded in 2018 by four medical oncologists Dr Ashish Joshi, Dr Vashishth Maniar, Dr Pritam Kalaskar and Dr Kshitij Joshi, MOC is a pioneering chain of cancer daycares operational at 16 locations across 10 cities of Maharashtra and MP. Every year approximately 15 lac people get diagnosed with cancer in India and at any given time there are additional 25-30 lakh cancer patients who are undergoing treatment.

Large number of these patients need chemotherapy, immunotherapy, and majority need to consult a medical oncologist during their treatment journey. MOC addresses this unmet need with their unique community daycare centers, which are fully compliant hospitals, where these patients can get personalized, and high-quality care.