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Regency healthcare set to raise $14 million from global funds

Regency healthcare set to raise $14 million from global funds

Tuesday, March 21, 2017, 7:35 AM

Kanpur-based Regency Healthcare is set to raise about $14 million from a consortium of leading global funds IFC, KOIS and HealthQuad. The three have taken a significant minority stake (20-30%) in the chain. The multi-super specialty, renal and oncology chain manages 500 beds across five facilities and is being valued around Rs 300 crore. It is targeting expansion to 1,500 beds across 10 facilities.
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