Glocal Healthcare, a rural hospital chain in Kolkata has raised Rs. 25 Crore ($4 million) investment from SIDBI Venture Capital..SIDBI Venture Capital has made investment through its fund Samriddhi..PXV Law Partners advised Glocal Hospitals with a team led by Mumbai Partner Deepto Roy..Kochhar & Co. acted for SIDBI Venture Capital with a team led by with Partner Anjuli Sivaramakrishnan..The funding will be used to expand Glocal’s network of hospitals in Uttar Pradesh, Bihar, West Bengal, Chhattisgarh, Orissa and Jharkhand, reports ET..Glocal had earlier raised Rs. 15 crore from Sequoia Capital and Elevar Equity..Follow Bar and Bench channel on WhatsAppDownload the Bar and Bench Mobile app for instant access to the latest legal news.
