Hearzap acquires Speech and Hearing Care

Eyes Rs 100 crore revenue milestone 
 
Hearzap, a leading hearing care provider funded by 360 ONE, has announced the acquisition of a majority stake in Speech and Hearing Care, a player in the Bihar and Jharkhand regions. Funded entirely through internal cash flows, the deal underscores Hearzap's solid financial health and strategic capital management. The acquisition will boost Hearzap’s revenue past Rs 100 crore this fiscal year, securing a 30 per cent market share in key regions. 

The expansion ensures access to top-quality hearing care provided by professionally trained audiologists and supports the company's target of expanding to 250 stores by 2026, doubling its growth by exploring more partnerships. By integrating Speech and Hearing Care into its operations, Hearzap extends its reach to every region of India, offering comprehensive speech and hearing solutions under one roof.

“This acquisition marks a major milestone in our mission to make high-quality hearing care accessible to every corner of India. By combining our advanced technology with the local expertise of Speech and Hearing Care, we are set to elevate industry standards and provide even better service to our customers,” said S Raja, Founder and MD, Hearzap.

“Joining forces with Hearzap, we will enhance the quality of life for our customers by making world-class hearing care more accessible across Bihar and Jharkhand,”, said Anurag Kumar, Founder of Speech and Hearing Care.  “With Hearzap's advanced technology and deep-rooted local expertise, we are confident in our ability to set new benchmarks in the industry and bring exceptional care to every corner of this region."