# NephroPlus

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nephroplus

- Industry: Healthcare
- Headquarters: Hyderabad, India
- Website: www.nephroplus.com
- Total disclosed funding: $169M
- Latest round: Series F (May 6, 2024)
- Investors on record: 7

## About

NephroPlus is a healthcare company based in India, specializing in providing comprehensive dialysis services through a network of over 500 nephrology centers, focusing on patient care and holistic treatment solutions for kidney disease.Founded in 2009 in Hyderabad, India, NephroPlus operates a network dedicated to dialysis services. The company has secured a total of INR 80.80 mn in funding, with the latest funding round being a Secondary Stock Purchase in Series F led by Quadria Capital Investment Management, amounting to INR 8,500 mn. The team includes founders Ankit Agarwal, Kamal Shah, and Vikram Vuppala, who also serves as the CEO.NephroPlus specializes in providing comprehensive dialysis services across India, with a presence in multiple cities through over 500 nephrology centers. Their offerings include state-of-the-art dialysis treatment delivered by qualified technicians, focusing on safety and a pleasant patient experience. The services integrate holistic care, including tailored dietary plans and nutritional support for patients with end-stage kidney disease, primarily serving patients requiring regular dialysis and their families.In the most recent year, 2023, NephroPlus generated revenue of INR 54,486,404.50 and an EBITDA of INR 6,271,669.20. Revenue is primarily driven by direct service transactions with patients, who often attend multiple sessions weekly, contributing to a consistent revenue stream.NephroPlus has plans to expand its services, aiming to introduce new products focused on enhancing patient care in 2024. The company is targeting geographical expansion into additional Indian states and potentially neighboring countries by 2025. The recent venture funding from Kamet Capital Partners will support these initiatives, allowing for investment in operational enhancements and targeted marketing efforts.

## Funding rounds

- Series F, May 6, 2024, $102M — Quadria Capital Investment Management
- Series E, Dec 24, 2021, $24M — Investcorp, Bessemer Venture Partners, 360 ONE, IIFL Special Opportunities Fund
- Series D, Aug 2, 2018, $15M — IFC Asset Management Company, SeaLink Capital Partners
- Series C, Sep 21, 2016, $14M — IFC Asset Management Company, SeaLink Capital Partners
- Series B, May 19, 2014, $10M — Bessemer Venture Partners, IFC Asset Management Company
- Series A, Nov 22, 2011, $4.4M — Bessemer Venture Partners

## Investors

- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series A, Series B, Series E
- IFC Asset Management Company (https://capitalatlas.ai/funds/ifc-asset-management-company) — Series B, Series C, Series D
- SeaLink Capital Partners (https://capitalatlas.ai/funds/sealink-capital-partners) — Series C, Series D
- Investcorp — Series E
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series E
- IIFL Special Opportunities Fund — Series E
- Quadria Capital Investment Management (https://capitalatlas.ai/funds/quadria-capital-investment-management) — Series F