From the Press Release:
Jaipur-based Rajasthan Venture Capital Fund (RVCF) has invested Rs 20 crores in International Oncology
Services Private Limited (IOSPL), a super specialty cancer care company for an undisclosed equity
International Oncology has established comprehensive cancer care centres (known as International
Oncology Centre) equipped with cutting edge technology at Fortis Hospital, Noida and Dr. L H
Hiranandani Hospital, Mumbai. The company with an objective to make quality cancer care more
accessible to the people has identified several cities in India for setting up world class cancer care
centers and opening soon its next centers in Jodhpur, Rajasthan and Jalandhar, Punjab.
“The Oncology sector is currently witnessing a huge gap in terms of incidence of cancer in the
country and limited quality cancer care facilities to treat the same. While the incidence of cancer
is increasing at an alarming rate in India; the country faces large limitations in terms of lack of
technical specialization and trained personnel. India has few public sector cancer centres, some
central establishment and limited private sector participation. IOSPL through its specialized cancer
care centres is set to address this burgeoning demand in India” said Mr. Rajendra Bhanawat, Chairman
Mr. Pradeep K Jaisingh, CEO and MD of International Oncology Services Pvt. Ltd. said, “After
setting up comprehensive cancer centres in NCR and Mumbai, we are in the process of taking world
class cancer care to several other states of India and Rajasthan is a special focus area for us. This
investment by RVCF will help IOSPL carry out its immediate expansion plans and we are delighted to
have their support."
“IOSPL with its professional and experienced promoters & team is expected to emerge as one of the
leading cancer care company in India” said Mr. Girish Gupta, CEO of RVCF who will be joining the
Board of Directors of the company.
RVCF has invested in IOSPL through its Rs 200 crores SME Tech Fund which invests pan India in IT,
education, healthcare, agro products, auto components and other growth sectors.
International Oncology is a global cancer care and research company focused on providing world class
cancer treatment and care. The company is at the forefront of bringing the very best in cancer care
to India through expertise, research and collaboration. International Oncology is committed to making
world class cancer care accessible to the underserved areas through their network of cancer care
After establishing their flagship centres at Noida and Mumbai, the company is in the process of
launching comprehensive cancer care centres in states like Rajasthan, Punjab, Maharashtra and others.
In the outreach programme, the company has tied up with various hospitals in Aligarh, Moradabad,
Srinagar, Imphal, Gwalior and Panipat to make world class cancer care more accessible.
Rajasthan Venture Capital Fund is mandated to operate on pan-India basis. It manages two SEBI
registered domestic venture capital funds - RVCF Fund I & SME TECH FUND – RVCF Trust II and invests
in IT, education, healthcare, agro products, auto components and other growth sectors. Rajasthan
Venture Capital Fund is amongst the top 3 Regional venture capital funds in India.
For more details contact Mr. Girish Gupta, CEO – Rajasthan Venture
Mobile No: +91 98290 66878/ Landline: 0141-4071680