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Today Date : Thursday, June 20, 2024

Maxivision Eye Hospital raises upto INR 1300 Crores from Quadria Capital

Maxivision Eye Hospital raises upto INR 1300 Crores from Quadria Capital

Quadria Capital (“Quadria”), one of Asia’slargest healthcare-focused private equity firms, has announced an investment of upto INR 1,300 crores in Maxivision Eye Hospital (“Maxivision”), one of India’s leading andfastest-growing private eye care clinics. Quadria will make an initial investment of roughly INR 600 crores for a minority stake and a further investment of up-to INR 700 crores for additional stake, representing one of the largest investments in the eye care services.

 

Dr. GSK Velu, Promoter and Chairman of Maxivision, said: “Our business has evolved tremendously over the past few years and today we are proud to be one of the fastest-growing and most trusted providers of eye care, particularly in South and West India.”

 

Sunil Thakur, Partner and Head of South Asia at Quadria Capital, said: “We look forward to working with their leadership team and bringing our global and local access to expertise, technology and markets to further accelerate Maxivision’s next phase of growth.”