Optimizers, a hospital-based optical retail chain, has raised an undisclosed amount in a seed funding round led by Finvolve. The round also saw participation from other investors, including Brew Opportunities Fund and Recyclean Infotech Private Limited.
Focused on expansion
Optimizers will use the raised capital for expansion across India, aiming to increase its presence in key regions. Additionally, a portion of the capital will be utilized to enhance the LitHous Training Academy, improve ERP systems, and acquire necessary inventories to support the expansion, as per the company's statement.
Partnering with corporate hospitals, institutes
Founded in 2020, Optimizers partners with top corporate hospitals and institutes like EyeQ Superspeciality Eye Hospitals, Institutes like CL Gupta Eye Institute, and renowned private and charitable hospitals across Haryana, Punjab, Delhi, UP and Rajasthan.
The startup's revenue-sharing model ensures both superior lens dispensing solutions for patients and increased profitability for partnering doctors. It is focused on providing quality eyewear and customized services, particularly in tier I, II, and III cities.
It is also addressing curable blindness and early myopia to improve the quality of life for the next half billion people.
Optimizers express concerns over issue of curable blindness
Saurabh Bhatia, Co-founder and Director of Optimizers, expressed concern over the escalating issue of curable blindness, characterizing it as an emerging epidemic in India.
Bhatia pointed out that a staggering 10 crore citizens in the country lack the necessary awareness and access to prescription spectacles. He emphasized Optimizers' commitment to making a widespread impact by forging partnerships with both private and public entities.
Bhatia said the company's goal is to provide specialized spectacle services to each and every citizen in India, aiming to bridge the gap in eyecare accessibility across the nation.
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