PE-VC Fund Investments

Avis Hospital raises $2.5 M from Nabventures

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Hyderabad-based Avis Hospital , a speciality centre focused on the treatment of varicose veins, has raised USD 2.5 million from Nabventures, the venture capital arm of NABARD. The deal was advised by boutique investment bank, Equity 360.The new capital will support Avis Hospital’s expansion into over 15 Tier II and III cities. The hospital also plans to invest in technology-led diagnostics and establish mobile screening camps to identify and treat patients in remote rural areas.

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