Bhubaneswar hospital KIDS raises $3 mn from Samridhi Fund

Bhubaneswar based Kanungo Institute of Diabetes Specialities (KIDS), a company that runs a multi specialty diabetes hospital, has raised Rs 18 crore ($2.98 million) in an equity round of funding from the SIDBI Venture backed Samridhi Fund, reports The Economic Times. The company has also raised an additional Rs 7 crore ($1.16 million) in debt to finance its expansion plans, said the report.

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