The Rockefeller Foundation-backed Lok Capital, a dedicated VC fund focused on serving the BOP (bottom of the pyramid) has bought ‘a significant minority stake’ in Drishti, a social enterprise providing eye care to underserved populations. This also marked the New Delhi-headquartered VC fund’s foray into healthcare segment.
Drishti will use the funds to service underserved geographies of Karnataka with their tier-III hub-and-spoke model using outreach programmes for villages, telemedicine supported vision centres at small towns for primary eye care and advanced eye facilities and surgical care at their hospital.
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