Vasan Healthcare, which runs a chain of eye and dental clinics, today received a $100 million funding from the Government of Singapore Investment Corporation (GIC) for network expansion.
GIC has picked up a minority stake in the company and thus joined other private equity investors like Sequoia Capital and Westbridge Capital, the company said in a statement here.
The investment will help Vasan expand its network of eye hospitals from its current 102 and its dental hospitals from the present 14 centres through a mix of organic as well as inorganic routes, it said.
Incorporated in 2002, Vasan employs 600 ophthalmologists and over 140 dentists as part of its over 6,000 employees.
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