Bengaluru-based totally Disha Medical Services, which operates under the emblem name ‘Drishti’, a watch care chain targeted on supplying less costly eye care in the underserved markets within the Southern place of India, has raised Series C funding of $4 million from Insitor Impact Asia Fund, the Nilekani Family Office (controlled with the aid of Entrust Family Office) and different HNIs.
Exiting investor, Lok counselled fund – Sarva Capital has been furnished a full exit as a part of this contemporary fund boost. Intellecap acted as the one of a kind financial adviser for the transaction.
The company will use the funding to also beef up its function inside the existing vicinity by using constructing over ten extra hospitals, vision centres and mobile eye clinics as well look to amplify strategically in other states.
Speaking at the assertion, Kiran Anandampillai, CEO, Disha Medical Services said,
Founded by Anjali Joshi, Kiran Anandampillai, and Dr Rajesh Babu in 2008, Drishti had raised seed funding from Sarva Capital in 2012. Subsequently, it received funding again from Sarva Capital and the Nilekani Family Office in Series A & B rounds respectively.
Drishti presently manages six eye hospitals, six mobile eye clinics and four imaginative and prescient centres throughout numerous cities of Karnataka. The enterprise has dealt with over four.6 lakh sufferers across these locations.
Commenting at the investment, Abhijit Nath, Country Head, Insitor India introduced,
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