Hearzap a hearing care provider funded by 360 ONE, has announced the acquisition of a majority stake in Speech and Hearing Care, a player in the Bihar and Jharkhand regions. This acquisition aims to boost Hearzap’s revenue past ₹100 crore this fiscal year, securing a 30 per cent market share in key regions. This expansion aims to increase access to hearing care provided by professionally trained audiologists and supports the company’s target of expanding to 250 stores by 2026, doubling its growth by exploring more partnerships.
With over two decades of experience in audiology, Speech and Hearing Care has a presence in cities like Patna, Ranchi, and Dhanbad. This aims to play a crucial role in facilitating the integration of the two companies, supporting Hearzap’s efforts to strengthen its presence in the hearing care industry as they work together to improve services and products for customers in eastern regions.
Looking ahead, the company aims to enhance awareness, accessibility, and affordability in hearing care.