Global alternative asset manager Investcorp has closed an estimated $45 million (about Rs 323 crore) funding round in dialysis services provider NephroPlus, in the process, providing an exit to one of the Hyderabad-headquartered company’s existing investors. Proceeds from the latest round of funding will see NephroPlus, which currently has about 196 centres, spread across 116 cites in 20 states in India, expand in its home market, as well as establish its footprints overseas, including in the Middle East and South East Asia.

(ET Tech)