Dr Agarwals Eye Hospitals acquires five eye hospitals in Tricity region

17 May 2022 | News

The eye hospitals, spread across Chandigarh, Panchkula and Mohali, include units of, Mirchia’s Laser Eye Clinic, JP Eye Hospital and Dr Monica's Eye Clinic

Chennai-based Dr Agarwals Eye Hospitals has established its presence in the Tricity region by acquiring five eye hospitals, including two in Chandigarh, two in Panchkula, and one in Mohali. These include units of Mirchia’s Laser Eye Clinic, JP Eye Hospital and Dr Monica's Eye Clinic. The acquisition has expanded the presence of Dr Agarwals Eye Hospitals to Punjab, Haryana, and Chandigarh, taking the total tally of its existing centres across the country to 110. 

 

Dr Adil Agarwal, CEO, Dr Agarwals Eye Hospitals said, “We have aggressive growth plans, especially for North India and states like Punjab and Haryana. We have added more than 60 units to our network in the past 5 years alone, and plan to double our current network of hospitals to more than 200 in the next three to four years.” 

 

The company has been on a growth spree across the country through acquisitions and establishing new facilities. To fuel its expansion and deploy the latest technologies, the company raised over Rs 1,000 crore recently from TPG Growth and Temasek in the country’s largest fund raise in the eye care space. 

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