Chennai-based Dr Agarwal’s Health Care Ltd.(DAHCL) has raised Rs 1,050 crore from TPG Growth and existing investor Temasek.
The investment round, which was India’s largest fund raise in the eyecare space, will also provide significant capital to fuel the company’s expansion plans and pave the way for an exit for the existing investor, ADV Partners. The company also raised Rs 270 crore investment from Temasek in 2019.
“We are very excited to partner with TPG Growth and Temasek and look forward to the next phase of growth of our company. Backing from such world-renowned marquee investors further strengthens our ideology