PE Fund Investments
Eye hospital chain Dr. Agarwals raises Rs.640-Cr from TPG, Temasek
Chennai-headquartered eye care chain Dr. Agarwals Healthcare has raised INR 640 crore in a Series E round of funding from existing Private Equity investors TPG Growth and Temasek. Veda Corporate Advisors was the exclusive financial advisor to the transaction. The new capital will be used to fuel the company's expansion plans, both greenfield and acquisitions and increase its network from 150+ centres to over 300 centres over the next 3 years.
From the Venture Intelligence PE-VC Deal Database: Between Feb-19 and May-22, Dr. Agarwals Healthcare had raised over USD 174 M from TPG Growth and Temasek. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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