Denty’s and Clove Dental join forces, further expanding Clove Dental’s position

Bangalore, Jan 27, 2017: Clove Dental, India’s largest and renowned dental chain with 118+ clinics in Delhi, Haryana, Uttar Pradesh, Chandigarh / Tri-City, Rajasthan & Maharashtra has partnered with Denty’s, a prominent dental chain in South India to expand its presence in Andhra Pradesh, Karnataka, Telangana and Tamil Nadu. Together with Denty’s 22 Clinics, Clove Dental will now have 140+ clinics across 11 states in India, further establishing its leadership position in the dental care industry.

Dentistry is a highly specialized vertical of healthcare that deals with a highly sensitive area of the  human body, our mouth. All treatments involve saliva and at times blood, making hygiene and sterilization a critical need.  Clove Dental follows highest quality standards outlined by not only Indian Dental Association, but also by the American Dental Association. Denty’s shares Clove’s core values of integrity and high quality care.  Together, the group offers consumers access to a nationwide network of clinics, with world class technology and equipment and India’s largest group of Dentists across all dental specialties including General Dentistry, Orthodontics (braces), Endodontics (root canal), Periodontics (gum disease), Pedodontics (Kids Dentistry), Prosthodontics (bridges/crowns), Oral & Maxillofacial surgery and Implantology.   

For its next phase, Clove is on target to launch 600 clinics across India by 2021, making it perhaps the largest dental group in the world.  Clove and Denty’s have together invested over INR 200 Crores in infrastructure and state of the art equipment and attracting India’s largest pool of highly experienced Dentists. 

Louis Shakinovsky, Chairman, Global Dental Services Ltd (parent company of Clove Dental), said “Within a short span, we have established ourselves as a brand that stands for high quality dental care.  This strategic alliance will help us strengthen our position in Southern India which will be a ‘win win’ both for existing Clove and Denty’s patients. The customers here will benefit as they will have access to Nationwide panel of Doctors & Specialists with World Class infrastructure and latest technology/equipment, besides being able to continue their line of treatment with their existing preferred doctor. Nothing changes for the customer, in fact, it only gets better for them as they can leverage the best of both worlds!” 

Being the only player in the dental care space in thecountry holding membership of the Royal Society of Medicine, UK, Clovehas played a seminal role in organising and standardising dental care in India,since its inception in 2011. Through international-quality clinics acrossIndia, Clove has introduced transparent, ethical, patient-friendlydelivery, with focus on global standards of hygiene, treatment protocols acrossall disciplines of dentistry, starting from simple fillings to advancedmaxillofacial surgery and latest in implantology. 

Mr. Amarinder Singh, Chairman & ChiefExecutive Officer, Clove Dental, said “We continuouslystrive to deliver high quality dental care to our patients and we have arelentless focus on both clinical and infrastructure quality.  Everyclinic is audited several times a month and treatment cases are reviewed toensure that highest quality care is delivered consistently, accurately andethically.  Denty’s shares our vision of quality and ethical care and,given their strong presence in the Southern states, this partnership wascompelling. I am delighted to announce that Dr. Sekhar will join the Board ofDirectors of Clove Dental and be appointed Head of South India.” 

Dr. Sekhar Chennupati, Chief ExecutiveOfficer,  Denty’s said, “We aredelighted and privileged to be a part of Clove Dental, India’s largest &most respected dental chain with affiliate clinics in London, Dallas, Houston& New York. JoiningClove’s eco-system gives us the opportunity to share best practices & aligneach of our expertise to deliver increased value to our customers. Bothentities share the vision of trust, integrity and respect, and are committed tooffer the highest standards of dental care.” 

According to Ken Research, the India dental careservices market will register double digit growth rate and will reach over INR14,700 crore by FY’2020. Research Analyst at Ken Research suggests thatthe domestic players need to focus on effective marketing strategies andeducating the consumer on the importance of good dental care and hygiene. 

Nine Rivers Capital Advisors & Cyril AmarchandMangaldas acted as the financial & legal advisors to Denty’s and SamvadPartners, a leading legal advisory firm advised Clove Dental on thetransaction.

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