Jaipur-based Rajasthan Venture Capital Fund (RVCF) has invested Rs
20 crores in International Oncology Services Private Limited (IOSPL), a
super specialty cancer care company for an undisclosed equity stake.
International Oncology has established comprehensive cancer care centres (known as International Oncology Centre) equipped with cutting edge technology at Fortis Hospital, Noida and
Dr. L H Hiranandani Hospital, Mumbai. The company with an objective to make quality cancer care more accessible to the people has identified several cities in India for setting up world class cancer care centers and expects to open its next centers in Rajasthan and Punjab shortly.
"The Oncology sector is currently witnessing a huge gap in terms of incidence of cancer in the country and limited quality cancer care facilities to treat the same. While the incidence of cancer is increasing at an alarming rate in India; the country faces large limitations in terms of lack of technical specialization and trained personnel. India has few public sector cancer centres, some central establishment and limited private sector participation. IOSPL through its specialized cancer care centres is set to address this burgeoning demand in India" said Rajendra Bhanawat, Chairman of RVCF.
Pradeep K Jaisingh, CEO and MD of International Oncology Services Pvt. Ltd. said, "After setting up comprehensive cancer centres in NCR and Mumbai, we are in the process of taking world class cancer care to several other states of India and Rajasthan is a special focus area for us. This investment by RVCF will help IOSPL carry out its immediate expansion plans and we are delighted to have their support."
"IOSPL with its professional and experienced promoters & team is expected to emerge as one of the leading cancer care company in India" said Mr. Girish Gupta, CEO of RVCF.
RVCF has invested in IOSPL through its Rs 200 crores SME Tech Fund which invests pan India in IT, education, healthcare, agro products, auto components and other growth sectors
International Oncology has established comprehensive cancer care centres (known as International Oncology Centre) equipped with cutting edge technology at Fortis Hospital, Noida and
Dr. L H Hiranandani Hospital, Mumbai. The company with an objective to make quality cancer care more accessible to the people has identified several cities in India for setting up world class cancer care centers and expects to open its next centers in Rajasthan and Punjab shortly.
"The Oncology sector is currently witnessing a huge gap in terms of incidence of cancer in the country and limited quality cancer care facilities to treat the same. While the incidence of cancer is increasing at an alarming rate in India; the country faces large limitations in terms of lack of technical specialization and trained personnel. India has few public sector cancer centres, some central establishment and limited private sector participation. IOSPL through its specialized cancer care centres is set to address this burgeoning demand in India" said Rajendra Bhanawat, Chairman of RVCF.
Pradeep K Jaisingh, CEO and MD of International Oncology Services Pvt. Ltd. said, "After setting up comprehensive cancer centres in NCR and Mumbai, we are in the process of taking world class cancer care to several other states of India and Rajasthan is a special focus area for us. This investment by RVCF will help IOSPL carry out its immediate expansion plans and we are delighted to have their support."
"IOSPL with its professional and experienced promoters & team is expected to emerge as one of the leading cancer care company in India" said Mr. Girish Gupta, CEO of RVCF.
RVCF has invested in IOSPL through its Rs 200 crores SME Tech Fund which invests pan India in IT, education, healthcare, agro products, auto components and other growth sectors
No comments:
Post a Comment