Tomorrow Capital Invests $2.7 MN in VitusCare to Revolutionize Kidney Care in India’s Heartlands

• ByStartupStory     |    April 19, 2024

Tomorrow Capital, a leading Mumbai-based venture capital fund committed to addressing chronic healthcare challenges in India, has announced its pioneering investment of $2.7 million in VitusCare, a prominent kidney care startup headquartered in Gurgaon. This significant infusion of capital comes as part of VitusCare’s Series A funding round, highlighting Tomorrow Capital’s dedication to driving transformative changes in healthcare delivery across the nation.

VitusCare, founded in 2017, has emerged as a beacon of hope in the provision of quality dialysis care, particularly in regions where access to such services is limited. With over 5 million patients suffering from end-stage renal disease (ESRD) in India, access to regular dialysis remains a critical challenge due to factors such as affordability and lack of awareness. VitusCare’s innovative model aims to bridge this gap by establishing a network of dialysis centers, currently operational across North India, with a focus on providing seamless and patient-centric care even in the remotest corners of the country.

Rohini Prakash, CEO of Tomorrow Capital, expressed the firm’s unwavering commitment to addressing healthcare disparities, stating, “Tomorrow Capital has a long-standing commitment to supporting brands that address large, real consumer problems such as chronic healthcare issues in India. As the prevalence of lifestyle-related disorders such as diabetes and hypertension continue to rise, the demand for kidney-related services is poised to increase exponentially. VitusCare’s innovative approach and impressive growth trajectory align perfectly with our mission to invest in solutions that make a meaningful impact on public health.”

Prabhat Shrivastava, Co-Founder & CEO of VitusCare, emphasized the significance of Tomorrow Capital’s investment, stating, “Tomorrow Capital’s investment marks a significant milestone for VitusCare as we embark on our mission to deliver high-quality, patient-centric care to underserved regions of India. This fundraise will be pivotal in accelerating our expansion efforts and scaling our operations to meet the growing demand for quality dialysis care.”

VitusCare is spearheaded by a formidable trio of co-founders: Prabhat Shrivastava, Dr. Saurabh Pokhariyal, and Pankaj Tandon, who bring a wealth of expertise and dedication to their mission. The fresh capital infusion will empower VitusCare to aggressively expand its operations, with a targeted focus on deeper penetration into Bharat, ensuring that critical medical services reach those who need them most.

The investment round also saw participation from existing investor 1Crowd, alongside support from 3i Partners and a consortium of angel investors, totaling approximately $5 million in funding across all funding rounds. This collaboration underscores Tomorrow Capital’s steadfast dedication to supporting visionary entrepreneurs who are driving transformative changes in healthcare delivery, ultimately contributing to a healthier and more equitable future for all.

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