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Centre For Sight Expands its Footprints: Strategic Collaboration with Laxmi Eye Hospital in Maharashtra

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Mumbai, 4th September 2024: Centre For Sight, a leading network in Ophthalmology nationwide, renowned for its cutting-edge technology, and trusted medical expertise, is proud to announce a strategic collaboration with Laxmi Eye Hospital, a distinguished eye care provider with a legacy of over three decades. This partnership marks a significant milestone in Centre For Sight’s expansion strategy, enhancing its presence in Maharashtra to 9 centres.

Presently, Centre For Sight serves over a million patients annually, at 82 Centres across 40 cities from 15 states of India with over 350 expert doctors and ~2700 professional staff onboard collectively.

Laxmi Eye Hospital, established in 1989, has been a pillar of trust and quality in eye care, serving over 2.5 million patients across four locations – Panvel, Khargar, Dombivili, and Kamothe. It is equipped with the latest infrastructure and technology (including FEMTO for bladeless cataract) to provide comprehensive eye care services. Under the visionary leadership of Dr. Suhas Haldipurkar, with over 40 years of experience, the institute has set new benchmarks in patient care. The legacy is being carried forward by the next generation of eye specialists, including Dr. Tanvi Haldipurkar, Cataract & Refractive Surgeon, and Dr. Devendra Venkatramani, Vitreo-Retinal Surgeon.

Dr. Suhas Haldipurkar, Medical Director at Laxmi Eye Hospital and one of the pioneers of Phaco technique added, “We are proud to join hands with Centre For Sight, an institution that shares our dedication to clinical excellence. Together, we will continue to build on our legacy and provide patients with the best possible in eye care.”

Over the past 12 months, Centre For Sight has added 10 brownfield Centres with strategic collaborations, such as Srinagar (Fazili Eyecare), Sikar (I Max Eye Care Hospital), Warangal (Kakathiya Eye Hospital), Badlapur (Drishti Eye Hospital), Chembur (Rushabh Eye Hospital & Laser Centre) and the latest one in Mumbai (Laxmi Eye Hospital).

On the other hand, Centre For Sight has also launched six greenfield centres – Bhiwani, Palwal, Jammu, Gorakhpur, Prayagraj, and Gurugram; further strengthening our presence in Northern India.

Centre For Sight will continue to look for more collaboration opportunities in the region, which is a key focus area of expansion, to deepen its presence in Western India. Further, we aim to add 15-20 centres annually, targeting to reach 150 centres in the next 4 years with our commitment to the ‘Go Deep and Go Wide’ strategy. By collaborating with us, regional eye care hospitals gain strategic, clinical, and technological support, fostering growth and excellence as part of our united team. Centre For Sight is looking to invest INR 300-500 cr. over the next few years to support its expansion plans.

The recent strategic investment from ChrysCapital in Centre For Sight has further amplified this growth journey, enabling us to reach even more communities with advanced ophthalmic care. Raghav Ramdev, Managing Director, ChrysCapital, said in the statement, “The healthcare sector in India is a key area of focus for ChrysCapital given the significantly underserved market and the potential for share gain for organized players.”

Prof. Dr. Mahipal Singh Sachdev, Chairman and Medical Director at Centre For Sight, emphasized, “Our strategic collaboration with Laxmi Eye Hospital and other prominent Centres in Mumbai underscores our unwavering commitment to delivering the highest standard of eye care. These collaborations not only enhance our capacity to meet the region’s increasing needs but also exemplify the broader trend in healthcare, where consolidation is key to extending the reach of world-class services.”

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