Health Care At Home India Pvt Ltd, a home care services providing company has raised 40 million dollars (Rs 250 crore) from healthcare-focused private equity firm Quadria Capital Advisor Pvt Ltd.
It is reported that the company will use this investment to expand its services in the new cities, including Bangalore, Hyderabad and Kolkata.
Vivek Srivastava, co-founder and CEO of Health Care at Home India Pvt Ltd said, “With the funding, we will be able to enter new cities such as Bengaluru, Hyderabad and Kolkata and move beyond Delhi NCR and other cities that we operate in currently. In addition, we plan to use the funds to deepen our offering both in the B2C and B2B (pharma) segment, reports VCCircle
He further said that the company plans to roll out a series of clinical initiatives and offer cancer care services.
Health Care At Home India Pvt Ltd is a joint venture with Burman promoters of FMCG major Dabur India Ltd, and the founders of UK-based Health Care At Home
Apart from the home healthcare services, it provides services to pharma companies, oncology, pulmonology, post-operative care, critical care and palliative care. It also offers services like maternity and elderly care, as well as post-surgical care and intensive care unit services.
Quadria Capital Advisors Private Limited is a Private incorporated on 29 May 2014. It is classified as Non-govt company and is registered at Registrar of Companies, Delhi. Its authorized share capital is Rs. 700,000 and its paid up capital is Rs. 200,000.It is inolved in Activities auxiliary to financial intermediation, except insurance and pension funding.
This Group includes activities involved in or closely related to financial inter-mediation other than insurance and pension funding but not themselves involving financial inter-mediation.