# ASG Hospital Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asg-hospital-pvt

- Industry: Healthcare Specialists
- Headquarters: Jodhpur, India
- Website: www.asgeyehospital.com
- Total disclosed funding: $84M
- Latest round: Series D (Aug 18, 2022)
- Investors on record: 5

## About

ASG Hospital Pvt. Ltd. is a leading provider of comprehensive ophthalmology services, offering specialized treatments and advanced surgical procedures to improve patients' eye health across India and internationally.Founded in 2005 in Jodhpur, India, ASG Eye Hospital focuses on delivering specialized eye care services. The company raised INR 5.01 billion in Series D funding on August 18, 2022, co-led by General Atlantic and Kedaara Capital along with Foundation Holdings. Arun Singhvi, the founder, has laid the groundwork for the hospital's growth, which now operates over 165 facilities across 83 cities in India, as well as in Uganda and Nepal.ASG Eye Hospital primarily offers a comprehensive range of ophthalmology services designed to address various eye health issues. Their core offerings include advanced surgical procedures such as cataract surgery, LASIK, ICL surgery, and glaucoma management, as well as specialized treatments in pediatric ophthalmology, neuro-ophthalmology, and oculoplasty. The hospital employs state-of-the-art technology to provide high-quality care, ensuring that patients receive tailored treatment plans that meet their unique needs. ASG Eye Hospital serves a diverse clientele, including individuals from different socioeconomic backgrounds, by making eye care accessible to all, irrespective of their awareness or financial status. Geographically, the hospital has established a significant presence across India, operating over 165 specialized facilities in 83 cities, as well as extending its services internationally to locations in Uganda and Nepal.In the most recent financial year 2023, ASG Eye Hospital reported a revenue of INR 54,411,807.10 and an EBITDA of INR 14,031,197.90. The hospital generates revenue through a mix of direct-to-consumer transactions and partnerships with various healthcare providers and insurance companies, operating on a fee-for-service model.In July 2022, ASG Hospital Pvt. Ltd. secured INR 5.01 billion in Series D funding, which will be utilized to support its expansion plans. The company aims to introduce new products and expand its geographic footprint, targeting new markets to increase accessibility to its services. The funding will play a crucial role in facilitating these initiatives.

## Funding rounds

- Series D, Aug 18, 2022, $63M — General Atlantic, Kedaara Capital, Foundation Holdings
- Series B, Oct 5, 2017, $9.9M — Investcorp India Asset Managers
- Series A, Jul 21, 2015, $3.8M — Hong Shan
- Series A, Jan 15, 2013, $7.3M — Hong Shan

## Investors

- Hong Shan — Series A
- Investcorp India Asset Managers (https://capitalatlas.ai/funds/investcorp-india-asset-managers) — Series B
- General Atlantic (https://capitalatlas.ai/funds/general-atlantic) — Series D
- Kedaara Capital (https://capitalatlas.ai/funds/kedaara-capital) — Series D
- Foundation Holdings — Series D