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.”