IANS

Dr. Agarwal’s Healthcare raises Rs 270 cr from Temasek for expansion

Chennai, Feb 13 (IANS) City-based Dr Agarwal’s Healthcare Ltd on Wednesday said it has raised Rs 270 crore from Singapore-based global investment company Temasek for expanding its network.

The investment will be used to expand the Indian geographical footprint of the eye care chain, along with significant investments in latest technology for super-specialty eye care.

Temasek’s healthcare portfolio in India includes investments in Medanta MediCity, Manipal Hospitals and HealthCare Global.

“The Agarwal Group is excited to welcome Temasek as an investor. We believe their 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,” Amar Agarwal, Chairman of Dr. Agarwal’s Group of Eye Hospitals, said in a statement.

–IANS

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(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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