Transaction:
- DCDC Kidney Care, which operates dialysis centers under the DCDC Kidney Care brand, has secured an investment of ₹150 crore from Singapore-based ABC Impact, the Asia-focused impact investor backed by Temasek.
About DCDC Kidney Care:
- Founded in 2009, DCDC operates over 200 centers across India & is one of the foremost operators of dialysis clinics under public-private partnerships (PPP) & company-owned standalone clinics.
- DCDC counts IFU, a Danish Government owned investment fund; and ADB (Asian Development Bank) among its existing shareholders.
- Since 2021, it has significantly expanded, delivering nearly 100,000 dialysis sessions per month.
About ABC Impact:
- ABC Impact is a Pan-Asia impact investment firm built on the UN Sustainable Development Goals focused on driving sustainable growth and delivering measurable social and environmental impact.
- With over $ 900 Million in AUM across 2 funds, the firm employs a disciplined, thematic investment strategy to identify and scale high-potential businesses.
Rationale:
- The investment from ABC Impact will support DCDC’s expansion plans, facilitating the rollout of over 150 new clinics across the country in the coming months.
- With this investment, DCDC plans to expand our network of company-owned centers, ensuring last-mile connectivity and making high-quality dialysis care accessible closer to patients’ homes. DCDC also plans to address this challenge and extend their solutions to countries beyond India.
- In December 2024, DCDC secured debt of Rs 82 crore from British International Investment (BII), the UK’s development finance institution and impact investor.
- In 2014, DCDC raised $ 5 Mn in Series A Funding round from CDC Backed Pragati India. And in 2018, in Series B Funding round DCDC raised $ 10 Mn from Asian Development Bank.
- On average, Patients in India must travel up to 50 km to access a dialysis center. This expansion will help address the growing need for accessible, affordable dialysis services for those with ESRD in line with the Ayushman Bharat Yojna.
Acknowledgements:
RBI Bulletin (www.bulletin.rbi.org.in), SEBI (www.sebi.gov.in), NSE (www.nseindia.com), BSE (www.bseindia.com)
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