£82-CRORE FUNDING SECURED BY DCDACONNECTS CLINICS TO SCALE UP DIABETES TREATMENT FOR POOR PATIENTS

New Delhi, India - 10 December, 2024 - DCDC Health Services Pvt Ltd, a leading operator of dialysis clinics chain, announced on Monday that it has secured an investment of Rs 82 crore (approximately £9 million) from British International Investment (BII), the UK's development finance institution and impact investor.

The funding is aimed at expanding critical life-saving dialysis treatments to low-income patients suffering from End-stage Renal Disease (ESRD). DCDC Health Services said in a statement that the investment will support its growth plans, with a rollout of over 900 dialysis machines in over 100 centres over the next three years. This expansion is expected to reach over 15,000 unique patients primarily from low-income backgrounds.

Additionally, this initiative is also anticipated to create around 1,000 direct jobs.

"We are thrilled to partner with British International Investment, which aligns with our mission of increasing access to dialysis and improving the lives of millions of patients suffering from End-stage Renal Disease," said Aseem Garg, Founder and CEO of DCDC Health Services. "Through this investment, we will continue to expand our centres in South India, particularly in Karnataka and Telangana."

BII Managing Director and Head of Asia, Srini Nagarajan explained that the debt facility secured would enable DCDC to expand its network of clinics in partnership with the government, providing life-saving treatment to low-income people in remote towns.

With this significant investment, DCDC Health Services is poised to further strengthen its commitment to making high-quality healthcare accessible to underserved communities across India.