Infosys co founder Nandan Nilekani, has made an undisclosed investment in a Bengaluru-based eye care chain called Drishti, which focuses on providing affordable treatment in underserved markets.
The funds would help Drishti expand its reach to six more districts in Karnataka when it goes into the next phase of expansion.
“Providing affordable healthcare leveraging technology is a very critical issue. I like Drishti's approach and believe that the co-founders Kiran and Anjali have their heart in the right place, and want to build a sustainable business with high impact,' Nilekani told ET.
Drishti has thus become the ninth venture to have been backed by Nilekani, who has been on an investing spree in the last few months.
"The investment will help Drishti realise its goals - to deliver quality eye care through eye hospitals, telemedicine supported vision centres and mobile eye clinics," said Kiran Anandampillai, founder and CEO of Drishti.
"This gesture is going to have a long term impact," said Anjali Joshi, co-founder of Drishti. "It would mean that by employing innovation we will be able to touch the lives of millions in the semi urban and rural areas."
Other start-ups backed by Nileknai include robots maker Systemantics India, crowd-sourced platform that provides train-related travel information RailYatri, online deal-making platform LetsVenture, logistics firm Fortigo and book publisher Juggernaut among others.
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