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Eye Mantra - an eye care hospital chain Secures $10 Million Investment from MantraCare to Accelerate Expansion Plans


News provided by

Eye Mantra Group of Hospitals

22 Jun, 2023, 09:00 IST

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NEW DELHI, June 22, 2023 /PRNewswire/ -- Eye Mantra, a leading eye care chain, is thrilled to announce a significant investment of $10 million from MantraCare, a prominent global healthcare player. This funding will fuel the expansion of Eye Mantra's branch network across India, with a vision to establish a presence in more than 30 cities. Additionally, Eye Mantra aims to extend its footprint to international markets, including Africa and Southeast Asia.

The investment from MantraCare marks a significant milestone for Eye Mantra Group of Hospitals, empowering the organization to further enhance its cutting-edge medical facilities for Lasik and Cataract, world-class infrastructure, and expand its comprehensive range of eye care services. With the infusion of capital, Eye Mantra will significantly scale up its operations, enabling more patients to access top-notch eye care services across India and beyond.

"We are delighted to partner with MantraCare, a globally recognized healthcare player, who shares our commitment to revolutionizing eye care services. This investment will accelerate our growth plans, allowing us to reach more patients in need of quality eye care," said Dr. Shweta Jain, Founder and CEO of Eye Mantra Group of Hospitals. "We envision expanding our presence in over 30 cities in India, while also exploring new opportunities in Africa and Southeast Asia to extend our services to international communities."

MantraCare's investment in Eye Mantra Group of Hospitals reflects its confidence in the organization's strong track record, innovative approach, and dedication to improving eye health on a global scale. The partnership between the two healthcare leaders will foster knowledge sharing, technical expertise, and operational synergies to elevate the standard of eye care provision in both existing and new markets.

"Eye Mantra has demonstrated unparalleled excellence in the field of eye care, making a positive impact on countless lives. We are thrilled to support their expansion plans and collaborate to deliver exceptional healthcare services to individuals across India and international markets," stated Mr. Kumar, Global Head at MantraCare. "We see India as a huge opportunity. This strategic investment aligns with our vision of advancing access to high-quality medical care, and we are confident that our partnership will drive meaningful change in the healthcare landscape."

With this funding infusion, Eye Mantra Group of Hospitals aims to hire and train additional medical professionals, acquire state-of-the-art equipment, and establish new branches to cater to the increasing demand for eye care services. The organization's expansion plans will further solidify its position as a leading provider of comprehensive eye care solutions in India and propel its efforts to improve eye health worldwide.

About Eye Mantra Group of Hospitals:

Eye Mantra Group of Hospitals is a renowned healthcare provider specializing in eye care. With a commitment to delivering exceptional patient-centric services, the organization offers a wide range of eye care treatments, including cataract surgery, LASIK, corneal transplants, glaucoma treatment, and more. Eye Mantra's team of experienced ophthalmologists and support staff are dedicated to providing personalized care and leveraging advanced technology to ensure the best possible outcomes for patients.

About MantraCare:

MantraCare.org is a global healthcare player committed to improving the accessibility and quality of healthcare services worldwide. With a portfolio spanning hospitals / clinics under the brand of Mantracare.in, and online therapy, EAP, the organization strives to transform healthcare delivery through innovation, collaboration, and strategic investments. MantraCare focuses on investing in healthcare providers that align with its mission of enhancing patient care and improving health outcomes.

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