Written by : Dr. Aishwarya Sarthe
December 11, 2024
The funds aim to support the company’s growth strategy, including tripling its network of dialysis centers over the next 12 months and expanding into international markets.
Gurugram-based VitusCare, a dialysis care provider, has planned to raise $10 million in its upcoming funding round.
The funds aim to support the company’s growth strategy, including tripling its network of dialysis centers over the next 12 months and expanding into international markets.
VitusCare has set its sights on addressing gaps in renal care, focusing on underserved regions. The new funding will enhance operational and technological infrastructure, enabling better scalability and efficiency across its centers.
The company also plans to invest in training dialysis technicians and clinical staff to strengthen service delivery.
Prabhat Shrivastava, Founder and CEO of VitusCare, said, “We take immense pride in having built a highly scalable, operationally efficient, and EBITDA-positive business. Our Series A round in early 2024 allowed us to refine our playbook for rapid scale-up, doubling our footprint to 50+ centres in just seven months. We stayed true to our ethos of expanding deeper into Bharat and becoming the first dialysis provider in many locations.”
Shrivastava added that the upcoming funding round will propel the company into its next phase of growth.
“Our next challenge is to shift into hyper-growth mode, targeting an enhanced footprint and doubling our monthly dialysis sessions. The upcoming funding round will fuel this ambition and support our plans for international expansion into underserved markets globally. Already, a challenger brand in India’s dialysis care sector, this will put us on track to become the third-largest player nationwide by March 2026,” he added.
VitusCare’s focus remains on providing dialysis services in Tier 2 and Tier 3 cities across India. Earlier this year, the company secured $2.7 million in Series A funding led by Tomorrow Capital, which facilitated expansion to over 50 centers. The funding also enabled the company to strengthen its presence in underserved regions while maintaining sustainable profitability.
“Our expansion into underserved markets has positioned us as a key player addressing the white spaces in Bharat’s dialysis ecosystem. In the next five years, we plan to operate 500+ centres across India, becoming one of the largest renal care providers in Bharat while replicating this impact in international markets,” Shrivastava explained.
VitusCare's expansion model leverages technology and a skilled workforce to set up dialysis centers rapidly in underserved areas. The company aims to increase its monthly recurring revenue from INR 2.5 Cr to INR 5 Cr and achieve INR 100 Cr in annual recurring revenue by March 2026.
With plans to grow beyond India, VitusCare is targeting global markets with unmet dialysis care needs. The company seeks to improve patient outcomes and ensure accessibility to quality care.
“Our goal is to build deeper networks in these areas, maintaining a strong margin profile while delivering impactful care at scale. A key objective is to improve longevity of a patient’s life, showcasing how a VitusCare patient can outlive India’s current dialysis patient average lifespan of 2-3 years. Another critical outcome is ensuring every dialysis patient enjoys a normal, active life as long as they consistently visit a VitusCare centre,” VitusCare CEO noted.