The acquisitions have strengthened the company’s presence in Maharashtra, adding to its existing tally of two eye hospitals in Pune
Chennai-based Dr Agarwal’s Eye Hospitals has established its presence in Pune with a 100 per cent acquisition of five eye hospitals. These include Prabhudesai Eye Clinic at Kothrud; Global Eye Care Clinic at Pimpri Chinchwad and Sangvi; and Om Eye Care at Viman Nagar and Vishrantwadi, which have all been eyecare centres of repute in Pune for many years. The Pune acquisitions have strengthened the presence of Dr Agarwals Eye Hospitals in Maharashtra, adding to its existing tally of 2 hospitals in Pune. The iconic eyecare chain now runs 118 eye hospitals across the country and abroad.
Commenting on the acquisition, Dr Amar Agarwal, Chairman, Dr Agarwals Eye Hospitals, said, “We are delighted that these five eye hospitals, counted among Pune’s finest eyecare facilities, are now part of Dr Agarwals Eye Hospitals. We carefully choose our partner hospitals based on qualitative factors such as legacy, surgical skills, business skills, brand name, and goodwill among the patient community. We look for businesses with strong fundamentals where there is a healthy headroom for growth through economies of scale and operational efficiencies. We strongly feel that Pune has a huge pent-up demand for quality eye care. The city can accommodate more than a dozen more eyecare centres to fully cater to the needs of patients.”
Added Dr Vandana Jain, Regional Clinical Head, Dr Agarwals Eye Hospitals, Maharashtra: “Expanding our presence to Pune by acquiring the best eye hospitals in the city is a significant milestone for us in our national expansion plan. Our ideology is to provide quality eye care to the people and introduce advanced technology to far-reaching corners of the country. We have charted robust expansion plans for Maharashtra, by strengthening our presence in existing markets such as Mumbai and Pune, as well as through both greenfield and brownfield expansion into emerging markets such as Nagpur, Aurangabad, Kolhapur, Satara, Akola and Ahmednagar.”
Dr Agarwals Eye Hospitals has been on a growth spree across the country through acquisitions and the establishment of new facilities. To fuel its expansion and deploy the latest technologies, the company raised over Rs 1,000 crore recently from TPG Growth and Temasek, which is considered the country’s largest fundraising in the eyecare space.
Said Dr Nitin Prabhudesai, Head Clinical Services, Prabhudesai Eye Clinic, Pune: “We are proud to officially become a part of the renowned Dr Agarwals Eye Hospitals chain. We specialise in the diagnosis and management of complex eye diseases by offering high-quality infrastructure and surgical expertise. Our team of specialists ensures that patients get access to advanced treatment for all eye-related problems. Dr Agarwal’s Eye Hospitals is known for several ground-breaking surgical innovations and a legacy of more than 65 years. I am sure its presence in the city will help elevate eye care in the Pune region to global standards.”
Said Dr Baban C Dolas Head Clinical services, Global Eye Care Clinic, Pune, “The entry of Dr Agarwals Eye Hospitals in Pune is a very important milestone and it would substantially add to the city’s eyecare infrastructure. Our offerings are based on strong pillars of dedication, state-of-the-art technology, and passion to serve the needs of patients by providing the best and most affordable treatment under one roof. We consider ourselves privileged to become a part of such a prestigious national chain of eye hospitals. This merger would bring enormous benefits to the patients of Pune in terms of quality eyecare.”
Said Dr Anand Palimkar, Head Clinical Services, Om Eye Care, Pune: “At Om Eye Care, we have earned a reputation as leaders in top-quality eye care in Pune, performing more than 30,000 eye surgeries so far in the city. We are now glad to become a part of such an iconic eyecare chain as Dr Agarwals Eye Hospitals. We look forward to benefitting from its global expertise and providing super-speciality eye care for patients in Pune with the best outcomes. We will channel our combined expertise to touch further heights of medical excellence and patient satisfaction.”
While there will be no change concerning the existing management teams at the five acquired eye hospitals, Dr Agarwals Eye Hospitals will provide robust support in terms of further training of staff, hiring additional manpower, and upgrading technology and offerings based on its global expertise.
