The Eye Foundation secures a $75 million investment from Verlinvest to expand its eye care services across India, marking a significant milestone in specialized healthcare funding.

Target Information

The Eye Foundation, a leading eye care chain in South India, has announced a significant investment of approximately $75 million from Verlinvest. Founded in Coimbatore, the organization operates over 25 hospitals across Tamil Nadu, Kerala, and Karnataka, providing comprehensive care for various eye diseases, including cataracts, retina conditions, LASIK, glaucoma, ocular trauma, and corneal transplants. The Eye Foundation treats more than one million patients annually, utilizing a combination of high-tech tertiary centers and well-equipped secondary facilities.

This minority investment is one of the largest single-specialty healthcare deals in India, reflecting an increasing global interest in specialized, mission-driven healthcare providers in the region. Dr. Ramamurthy, Chairman of The Eye Foundation, expressed enthusiasm about the partnership, indicating that this collaboration will drive expansion and enhance access to affordable eye care in underserved areas across the country.

Industry Overview in India

The Indian healthcare sector is experiencing rapid growth, fueled by increased demand for specialized healthcare services and a rising awareness of health issues among the population. Th