The Hyderabad-based company has appointed investment bankers and plans to complete the fund raise process by the end of March 2023. GSK Velu, chairman of Maxivision and serial entrepreneur in an interview to EsT, said the proceeds of the potenti...
"We have started discussions (with investors), before March (2013) we are looking at closing a fund raise," Velu said.
Mumbai: Maxivision Eye Hospitals, one of India's largest private specialty eye care chains, is in the process of raising around $100 million from PE investors.
The Hyderabad-based company has appointed investment bankers and plans to complete the fund raise process by the end of March 2023. GSK Velu, chairman of Maxivision and serial entrepreneur in an interview to EsT, said the proceeds of the potential fund raise would be used for acquiring eye care practices in southern and western India with aim of reaching ₹1000 crore turnover in next three years. "We have started discussions (with investors), before March (2013) we are looking at closing a fund raise," Velu said.
