Regency Healthcare has raised around USD 14 million (over Rs 90 crore) from a consortium of leading investors IFC, KOIS and Healthquad.

Regency Healthcare has said in a statement that the company will utilise this corpus to find expansion and offer quality healthcare services at an affordable price.

Atul Kapoor, Regency Healthcare Chairman and MD has said that “Regency has a clear plan to grow to 1,500 beds and consolidate its position as a leader and preferred healthcare provider to patients across Uttar Pradesh.”

The company, over the next two years, aims to invest more than Rs 350 crore to add new hospitals and clinics across important locations in central and eastern UP.

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