Moolchand raises $18.7m from Sequoia Capital
Sequoia Capital has invested INR1 billion ($18.7 million) into New Delhi-based Moolchand Healthcare, with an aim to fund the company’s further expansion and acquisitions of hospitals across India.
The company plans to invest INR5 billion over the coming five years in future expansion. It will build at least 700 beds and six specialty hospitals in the capital, in which 400 beds will be commissioned...
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