HealthCare Global Enterprises has got Rs 50 crore funding from IDFC Private Equity.
The investment will finance part of its Rs 150-crore expansion plan over three years, including starting 13 satellite centres across the country to provide cancer diagnosis and treatment under the `Curie brand name. The remaining amount would be from debt and internal accruals
This would be the second investment in healthcare funding of IDFC Private Equity.
Primarily operating in infrastructure projects, it recently announced Rs 90 crore investment in Manipal Health Systems.
The HCG network would have one of its four hospitals, the 105-bed Bangalore Institute of Oncology, as its southern hub and another unnamed centre in Delhi for the North. BIO would get 75 more beds, scanners and equipment in a Rs 65-crore expansion spread over two phases
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| Posted : 7/14/2006 |
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