India: Entrepreneur GSK Velu’s eye care chain to raise $30m funding, investors look to exit

Maxivision Super Specialty Eye Hospitals, a Chennai-based eyecare chain owned by G.S.K. Velu, plans to raise about Rs 200 crore, providing an exit to existing investors, two persons close to the development said. Chennai-based investment bank Veda is advising the chain to find potential investors, the two said on condition of anonymity.