Hospital-Based Optical Retail Chain Optimizers Secures Seed Funding for Expansion
Optimizers, a hospital-based optical retail chain, has successfully raised an undisclosed amount in a seed funding round led by Finvolve
Utilization of Funds: The raised capital is earmarked for Optimizers’ expansion initiatives across India. The optical retail chain aims to bolster its presence in key regions. A portion of the funds will also be allocated to enhance the LitHous Training Academy, improve ERP systems, and acquire necessary inventories to support the expansion.
Partnerships and Focus:
- Founded in 2020, Optimizers strategically partners with corporate hospitals and institutes, including EyeQ Superspeciality Eye Hospitals and CL Gupta Eye Institute.
- The revenue-sharing model ensures superior lens dispensing solutions for patients and increased profitability for collaborating doctors.
- Optimizers focuses on providing quality eyewear and customized services, particularly in tier I, II, and III cities.
Addressing Curable Blindness: Saurabh Bhatia, Co-founder and Director of Optimizers, highlights the growing concern of curable blindness in India, characterizing it as an emerging epidemic. Approximately 10 crore citizens lack awareness and access to prescription spectacles.
- Optimizers is committed to making a widespread impact by forming partnerships with both private and public entities.
- The company’s goal is to provide specialized spectacle services to every citizen in India, aiming to bridge the accessibility gap in eyecare nationwide.