Events & News

Ankur Capital and Ennovent invest in ERC Eyecare
: February 2, 2018

Assam based ERC Eyecare has raised $1 million towards Series A funding from impact focussed venture capital firm Ankur Capital and Ennovent India. ERC provides low cost eye care services for the bottom-of-the-pyramid market. The company will use the capital to fund expansion plans across North East India and South East Asia which are under penetrated markets for eyecare.

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Ankur Capital bets on real India, invests in three early-stage rural ventures
: February 26, 2015

Impact investment fund, Ankur Capital, has invested in three early-stage ventures that focus on rural markets.

The Mumbai-based venture capital fund, which received approval from market regulator Sebi earlier this month, is backing CropIn, a cloud-based farm management systems company, home compost solutions provider Daily Dump and primary eye-care service provider ERC.

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A sight for sore eyes
: May 5, 2014

When Laxmi Das, a 38-year-old weaver from Borholla village in upper Assam's Jorhat district, complained of poor vision, she didn't have to travel far for a check-up. Das was diagnosed at her village, at half the cost incurred at major eye centres, thanks to an ERC Eye Care-run vision centre.

Such vision centres, the brainchild of ophthalmologist Parveez Ubed, address the lack of quality eye care in the rural areas of upper Assam. These vision centres, along with mobile units, test patients for common eye ailments and refractive errors. If these centres aren't able to address an ailment, the case is referred to neighbouring government hospitals.

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Assam-based ERC Eye Care raises money from investors to fund expansion plan
: December 18, 2013

Ennovent Impact Investment Holding and Ankur Capital have invested an undisclosed amount in Assam-based eyecare company ERC Eye Care. Beyond Capital Fund, angel investor Sadeesh Raghavan and Ennovent Circle, which accelerates innovations for low-income markets, also participated.

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ERC Eye Care raises angel funding from Ennovent, Ankur Capital and other investors
: December 17, 2013

Assam-based ERC Eye Care Pvt Ltd, which provides low-cost eye care services for the bottom of the pyramid market, has raised an angel round of funding from Ennovent and Ankur Capital among other investors.

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