General Atlantic and Kedaara Capital led a $190m investment in ASG Eye Hospitals.

General Atlantic, a global growth equity firm, and Kedaara Capital, an operationally oriented private equity firm, led a $190m investment in ASG Eye Hospitals, an operator of a chain of specialty eye hospitals. “Dr. Singhvi, Dr. Gang and the team have built ASG Eye Hospitals into a uniquely capable platform that is at the forefront of eye care in India today and has impacted millions of lives. We have successfully worked together to deliver robust growth through a mix of organic and inorganic initiatives focused on the addition of quality capacity to rapidly scale the retail healthcare delivery model across India. This fundraise is expected to accelerate the realization of ASG Eye Hospitals’ vision to become one of Asia’s preeminent eye care providers, with the intention to establish additional hospitals in the coming months. With imminent plans to explore and build upon a high-quality M&A pipeline of regional players spanning key markets across India, we are excited to welcome and partner with two highly regarded and forward-thinking investors at this transformational inflection point in the history of ASG Eye Hospitals," Aakash Sachdev, Foundation Holdings Co-Founder and Managing Director.