Eye Mantra operating eyecare hospital chain raises $10M investment to expand its branches

Eye Mantra, a hospital chain specializing in eye care, has raised $10 million in a funding round led by MantraCare, a well-known global healthcare company.

According to the company's statement, the raised capital will help the startup to expand its network of branches throughout India, aiming to be present in more than 30 cities.

The startup also said that it aims to increase its operations, allowing more people in India and other countries to access high-quality eye care services.

Additionally, It plans to expand into international markets, including Africa and Southeast Asia, and hire and train more medical professionals. 

Founded in 2013 and led by professionals, including Dr. Shweta Jain, Dr Poonam Gupta, and Dr Deepti, Eye Mantra is an ophthalmic care platform that offers treatment for cataracts, squints, glaucoma, retina issues, and other services.

"We are delighted to partner with MantraCare, a globally recognized healthcare player, who shares our commitment to revolutionizing eye care services. This investment will accelerate our growth plans, allowing us to reach more patients in need of quality eye care. We envision expanding our presence in over 30 cities in India, while also exploring new opportunities in Africa and Southeast Asia to extend our services to international communities," said Dr. Shweta Jain, Founder and CEO of Eye Mantra Group of Hospitals.

"Eye Mantra has demonstrated unparalleled excellence in the field of eye care, making a positive impact on countless lives. We are thrilled to support their expansion plans and collaborate to deliver exceptional healthcare services to individuals across India and international markets. We see India as a huge opportunity. This strategic investment aligns with our vision of advancing access to high-quality medical care, and we are confident that our partnership will drive meaningful change in the healthcare landscape," said Kumar, Global Head At MantraCare.

Also Read:

• Vedanta Group Partners with MeitY-Nasscom CoE