DCDC Health Services has secured an investment of nearly $17.4 million, while Apna Mart has raised nearly $25 million in equity and debt funding.
DCDC Kidney Care raises $17.4m
DCDC Health Services Pvt. Ltd. (DCDC), which operates dialysis centres under the DCDC Kidney Care brand, has secured an investment of nearly $17.4 million (Rs 150 crore) from Singapore-based ABC Impact, the Asia-focused impact investor backed by Temasek.
The investment from ABC Impact will support DCDC’s expansion plans, facilitating the rollout of over 150 new clinics across the country in the coming months, per a company statement.
“With this investment, we plan to expand our network of company-owned centres, ensuring last-mile connectivity and making high-quality dialysis care accessible closer to patients’ homes. We also plan to address this challenge and extend our solutions to countries beyond India,” said Aseem Garg, founder and CEO of DCDC.
Founded in 2009, DCDC operates more than 200 centres across India. DCDC counts IFU, a Danish government-owned investment fund; and ADB (Asian Development Bank) among its existing shareholders.
“Since our investment in 2021, DCDC has significantly expanded its operations and now delivers nearly 100,000 dialysis sessions per month, primarily through public-private partnerships (PPP) aimed at serving the economically weaker sections of India,” said Rohit Goyal, vice-president at IFU.
Fundamentum, Accel co-lead funding in Apna Mart
Apna Mart, a fast-growing franchise-driven omnichannel grocery and FMCG chain, has raised nearly $25 million (Rs 214,5 crore) in equity and debt funding led by Fundamentum Partnership Fund and Accel.
According to an Entrackr report, Fundamentum Partnership Fund invested Rs 84 crore in the round, while Accel India contributed Rs 60.88 crore. Other investors in the round were Peak XV, Sparrow Capital, 2 AM Ventures, Disruptors Capital, and Alteria.
Founded by Abhishek Singh and Chetan Garg, Apna Mart guarantees grocery and FMCG deliveries within 15 minutes, in addition to its brick-and-mortar stores. Operating across 14 cities—including Ranchi, Hazaribagh, and Bilaspur—the firm utilises a franchise model to ensure operational efficiency.
