Healthcare focused private equity firm Quadria Capital Advisors Pvt. Ltd. has invested $40 million in Noida based home healthcare services provider Health Care at Home India Pvt. Ltd (HCAH India).
HCAH India is backed by the Burman family, promoters of FMCG major Dabur India Ltd, and by the clinical credibility of the founders of the Health Care at Home UK. It provides homecare services in 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.
The team at HCAH India intends to ramp up models like chemo at home, high-end drug infusion and introduce products such as dialysis at home, and digital therapies for chronic diseases. These funds would be used for expansion to new cities including Bangalore, Hyderabad and Kolkata.
HCAH India had raised about $15 million in external funding two years ago. It had also acquired Navi Mumbai-based Health Impetus Pvt Ltd for an undisclosed amount last year.