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Kanpur-based Regency Healthcare on Wednesday said it has raised around $14 million (over ₹90 crore) from a consortium of leading investors IFC, KOIS and Healthquad.
The company will utilise this corpus to fund expansion and offer quality healthcare services at an affordable price, Regency Healthcare said in a statement. “Regency has a clear plan to grow to 1,500 beds and consolidate its position as a leader and preferred healthcare provider to patients across Uttar Pradesh,” Regency Healthcare Chairman and MD Atul Kapoor said.
Over the next two years, the company plans to invest more than ₹350 crore to add new hospitals and clinics across Uttar Pradesh.
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