PE Fund Investments
Maxivision Eye Hospital to raise Rs.1,300-Cr from Quadria Capital
Quadria Capital is to invest INR 1,300 crore in Maxivision Eye Hospital, co-promoted by well-known healthcare entrepreneur Dr.GSK Velu. As part of the deal, Quadria will make an initial investment of around INR 600 crore for a significant minority stake. The new funds will be used to support Maxivision's growth, particularly in tier-2 and tier-3 cities. Veda Corporate Advisors were the exclusive financial advisors to the company and promoters on this transaction. Founded in 1996, Maxivision operates 42 centres across five states in South and West India, with a leadership position in Andhra Pradesh and Telangana. The company offers a full suite of eye care services, including cataract surgery, LASIK and ReLEx Smile treatments, treatments for retinal issues and glaucoma, oculoplasty, as well as neonatal and paediatric eye care.
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