Tata Capital Healthcare Fund II, a private equity fund under the Tata Group, has invested USD 10 million in Apex Kidney Care (AKC), India’s second largest dialysis chain. The exact stake acquired by Tata Capital Healthcare Fund II was not disclosed.
The Mumbai-based company, Apex Kidney Care, plans to utilise the fresh capital to expand its dialysis services across the country, according to a statement released by the company.
This recent investment in Apex Kidney Care follows Tata Capital Healthcare Fund II’s prior investment in Deeptek, a health technology firm, earlier this year. In March 2022, the fund provided USD 10 million in funding to Oncocare Centre, a chain of cancer centres based in Mumbai.
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