Dr Agarwal's Eye Hospitals eyes international expansion, raises Rs 215 crore
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Chennai: Founded by the recipient of the Padma Bhushan award, late J Agarwal, country's pioneer eye care specialist chain- Dr Agarwal's Group of Eye Hospitals recently raised Rs 215 crore ($30.3 million) in debt from British development finance institution (DFI) CDC Group Plc.
Currently, Dr Agarwal has 91 hospitals with 77 centres across 12 states in India and 14 hospitals across 10 countries in Africa. The company eyes to expand in Maharashtra, Kerala and central part, besides strengthening its presence in existing markets.
Earlier this year, the group had raised Rs. 270 crore investment from Temasek, a global investment company headquartered in Singapore. This had helped the group develop robust plans focusing on marketing strategies, new technologies, and expansion with an aim to increase patient footfalls, and at the same time offer a wonderful experience to all. Last month, the group had launched its super-speciality eye care centre at Rajajinagar in Bengaluru.
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