Super-speciality eye-care chain Eye-Q has received funding of Rs 60 crore from IFC and current investors, Helion Venture Partners and Nexus Venture Partner.
Of the total amount, World Bank Group member IFC has invested Rs 34 crore, Eye-Q said in a statement.
"We will use these funds to expand further by opening new centres and acquiring hospitals," Eye-Q Hospitals CEO and Co-Founder Rajat Goel said.
This investment by IFC and current investors re-enforces the company's strategy of providing high quality treatment at affordable prices to the masses, he added.
"IFC's investment in Eye-Q will help increase and improve access to affordable health services," IFC's Venture Capital Lead (South and South East Asia) Pravan Malhotra said.
Eye-Q currently has hospitals in Gurgaon, Rewari, Rohtak, Hisar, Sirsa, Yamunanagar, Bhiwani, Sonipat and Fatehabad in Haryana, Haldwani and Roorkee in Uttrakhand, Lucknow, Saharanpur, Meerut and Muzaffarnagar in Uttar Pradesh and Surat, Vadodara and Bharuch in Gujarat.
