PE Fund Investments
Home healthcare service provider HCAH raises Rs.112-Cr from Singapore's ABC World Asia
Noida-based health-tech company HealthCare at Home (HCAH) has raised INR 112 crore from ABC World Asia (ABC), a Singapore-based impact-focused private equity fund. HCAH is backed by Burman family, Quadria Capital and Founders of Healthcare at Home UK. HCAH will use this investment to build presence in the physical rehabilitation and recovery through its service range of Home ICU, inpatient rehab in transition care centers, elderly care services including long term nursing, palliative and attendant care services and chronic disease management services. HCAH claims to have handled nearly 1,000,000 patients with an almost 97% recovery rate during the pandemic. It worked closely with the Governments of Delhi, Punjab and Karnataka to deliver services at scale.
From the Venture Intelligence PE-VC Deal Database: In Mar-17, HealthCare AtHome raised $40-M from Quadria India. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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