ASG Eye Hospital Ltd, a super specialty eye care chain, has announced plans to invest about ₹2,000 crore to expand its network to up to 700 centers by 2030.
The company, having private equity investors such as General Atlantic and Kedaara Capital, said it would raise about ₹1,000 crore either through private placement or IPO in 12 to 18 months to partly fund the expansion, its managing director and chief executive officer Dr. Arun Singhvi said on Thursday (December 4, 2025).
The company also announced that it had entered into a definitive agreement to acquire 100% of Delhi based Sharp Sight Eye Hospital in a ₹400 crore deal. Sharp Sight has 17 centres in North and East India. Once complete, this will be the company’s 26th acquisition.
Having established a considerable presence with over 175 centres in over 95 cities in India, the company now intends to focus on the under-served fringe areas of Tier 2 and Tier 3 cities.
As per its Vision 2030, the company follows a three pronged growth strategy that combines targeted acquisitions with accelerated organic expansion. It plans to pursue 8 to 10 practice acquisitions annually, enabling the integration of strong regional clinical capabilities, building on the experience established through the recent acquisition of Vasan Eye Care.
In parallel, the company will establish 5 to 7 new centres each year, with a focused push into the 100 districts (annually) where demand for quality eye care is rising rapidly and specialist access remains limited.
“Vision 2030 is fundamentally about market disruption through impact. With over 80% of vision loss in India being preventable, our expansion is a mission to end unnecessary blindness,” said Dr. Singhvi.
“We are taking world class eye care out of the metropolitan hubs and into the heartland, where the need is more acute. Our significant investment is a declaration that no Indian should lose their sight due to lack of access or financial barriers,” he said.
“Through Public-Private partnerships and pioneering Tele-ophthalmology, we are building the infrastructure necessary to make quality eye care a right, not a privilege, for every citizen,” he added.
Leveraging centralized procurement and economies of scale, the company also aims to lower the cost of advanced procedures such as LASIK, cataract, and retina surgeries, improving affordability without compromising clinical outcomes, it said.
Published – December 04, 2025 10:37 pm IST
