ERC offers affordable eye care to low-income patients in Northeast India through hospitals in Assam.
India faces a shortage of eyecare specialists, making access to care difficult, particularly for rural and low-income patients. ERC has two clinics in Assam where patients can see specialists and get glasses for less than $1 and cataract surgery for less than $20.
(Half of the world’s cases of blindness are caused by untreated cataracts.) The $1 million ERC has raised will be used to build two new clinics and extend care into villages through mobile health vans.
Ankur Capital and Ennovent led the round with funding from several other investors arranged by Impact Investment Exchange (IIX).