ERC Eye Care Private Limited

2011

For-profit

Health

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Founders


Details


Region of operation

Assam

Headquarters address

ERC Eye Care Pvt. Ltd. Above Hanuman Glasses Jorhat Country: India Zip: 785001

Target problem

ERC EYE CARE began in June 2011 as an eye care service provider to the rural people of North Eastern states of India. ERC Eye Care is a social enterprise dedicated to proving quality, affordable eye care solutions to all populations, beginning with those most in need and hardest to serve due to poverty or geographic remoteness.

Key product / Service

Eyecare

Team size

10-50

Number of beneficiaries

200000

Awards and recognition

  • Mahindra Spark the Rise (Winners)
  • Finalists in Sankalp Awards 2013
  • Selected among 31 fellows worldwide for the MAD initiative supported by Hong Kong

Funding and Operating Model


Funding round

Angel

Total funding raised

$ 149000

Business details

ERC Eye Care was able to raise angel funding from Ennovent, Ankur Capital and other investors. This investment will enable ERC to not only expand the number of vision centres . The company will use this capital to launch its first hub. This hub would be able to perform around 10 cataract surgeries every day .This is Ennovent’s second investment. the next 18 months the company will focus on piloting the hub and spoke model but in five-seven years it aims to be a market leader in North East India.

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