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Dr Agarwals acquires 5 eye hospitals in Pune

Chennai-based Dr Agarwals Eye Hospitals has strengthened its presence in Maharashtra by buying 5 eye hospitals in Pune. The main eye care chain on Friday introduced it has acquired Prabhudesai Eye Clinic (Kothrud); International Eye Care Clinic (Pimpri Chinchwad and Sangvi); Om Eye Care (Viman Nagar and Vishrantwadi), all of which have been eyecare centres of reputation in Pune for a few years.

With the most recent acquisition, the eyecare main’s in Pune has elevated to seven and its complete community globally elevated to 118 eye hospitals.

“We search for companies with sturdy fundamentals the place there’s a wholesome headroom for progress by means of economies of scale and operational efficiencies. We strongly really feel that Pune has an enormous pent-up demand for high quality eye care. Town can accommodate greater than a dozen extra eyecare centrEs to totally cater to the wants of sufferers,” Amar Agarwal, Chairman, Dr Agarwals Eye Hospitals, mentioned in a press assertion.

In Could, Dr Agarwals Eye Hospitals raised over ₹1,000 crore from TPG Development and the Singapore authorities’s non-public fairness agency, which was thought-about the nation’s largest fundraising within the eyecare house. The eyecare chain then introduced that it’s planning to extend its community to 200 hospitals within the subsequent 2-Three years by including 2-Three eye hospitals each month by means of a mixture of brownfield and greenfield enlargement.

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August 05, 2022

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