Dr Agarwal's Healthcare raises Rs 270 cr from Temasek

Image
Press Trust of India New Delhi
Last Updated : Feb 13 2019 | 6:25 PM IST

Dr Agarwal's Healthcare Wednesday said it has raised Rs 270 crore from global investment firm Temasek for expansion and investment in technology.

"We believe their (Temasek) expertise and support will help our company expand our network of clinics and operations to better meet the growing demand for affordable and quality eye care across India," Dr Agarwal's Healthcare Chairman Amar Agarwal said.

The investment will be used to expand the geographical footprint in India along with significant investments in latest technology, the company said in a statement.

Dr Agarwal's Healthcare CEO Adil Agarwal said: "We are looking at adding anywhere between 50-75 hospitals to our network over the next 3-5 years with a major focus on metro cities as well as tier 2 and tier 3 towns."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Feb 13 2019 | 6:25 PM IST

Next Story