Nandan Nilekani invests in affordable eye care startup Drishti

Drishti will utilise the undisclosed capital to expand to six more districts in Karnataka

Nandan Nilekani
Alnoor Peermohamed Bengaluru
Last Updated : Jun 24 2016 | 1:27 AM IST
Bengaluru-based affordable eye care treatment chain Drishti has raised an undisclosed amount in funding from Nandan Nilekani, former chairman of the Unique Identification Authority of India.

Drishti, which offers its services in semi urban and rural regions, will utilise the fresh capital to expand to six more districts in Karnataka. It will also help increase capacity in locations where Drishti is already present in - Bengaluru Rural, Chikkaballapur, Ramanagar and Chitradurga.

“Providing affordable health care leveraging technology is a very critical issue. I like Drishti’s approach and believe that the co-founders Kiran and Anjali have their heart in the right place, and want to build a sustainable business with high impact,” said Nilekani.

The company estimates that 1 per cent of India’s population is affected by blindness and 80 per cent of those cases are treatable. While Indian healthcare is often concentrated in urban regions, Drishti is looking to help those outside cities through telemedicine supported vision centres and mobile eye clinics.

Drishti had raised its seed round funding from Lok Capital, an investment fund for impact startups.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 24 2016 | 12:31 AM IST

Next Story