Eye Q raises Rs 60 Cr funding

IFC, Helion and Nexus are the investors

IFC, Helion and Nexus are the investors

Eye Q Super Specialty Eye Hospitals has received an investment of Rs 34 crores from IFC, a member of The World Bank Group. The investment is part of the Rs 60 crores financing raised by Eye-Q with current investors, Helion Venture Partners and Nexus Venture Partners.

Commenting on the same, Rajat Goel, CEO and Co-Founder, Eye Q Hospitals said, “This investment by global investor like IFC and our current investors validates that we are amongst the best in class across the world and re-enforces our strategy of providing high quality treatment at affordable prices to the masses. We will use these funds to expand further by opening new centres and acquiring hospitals.”

Dr Ajay Sharma, CMD and Founder, Eye-Q Super Specialty Eye Hospitals added, “We already have best in class surgical outcomes and can now support more innovations to continue to deliver the best.”

“IFC’s investment in Eye-Q will help increase and improve access to affordable health services,” said Pravan Malhotra, IFC’s venture capital lead for south and south east Asia. “Eye-Q’s focus on emerging cities will help expand access to quality eye-care services, while creating skilled healthcare jobs, especially for women,” he added.

EH News Bureau

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First published on: 10-03-2015 at 17:39 IST