Total Dental Care, the operator of the MyDentist chain of clinics across Pune, has plans to expand its network and open 30 centres by the end of this fiscal. An investment worth Rs 15 crores is being intended to achieve this expansion.
Vikram Vora, CEO, Total Dental Care informs, “We plan to have a total of 110 clinics, including those in Mumbai and Pune.”
“There is potential in tier-II cities, such as Nasik and Aurangabad, as well, but the numbers will be smaller there,” said Vora.
The company formed in 2009 had also raised funding worth Rs 50 crores from the Asian Healthcare Fund and Seedfund in April. Total Dental Care, incubated by Seedfund, provides medical treatments in dental care.
Its services range from basic dental treatment like cleaning and polishing, to complex dental implants worth lakhs of rupees. The company, is targetting a revenue of Rs 50 crores by March 2014.
MyDentist, a large dental chain in India had recently opened their 50th dental clinic in Kharghar.
EH News Bureau