ERC Eye Care
A phygital eye care network delivering affordable and accessible vision solutions to underserved communities in emerging markets.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
$1.0m | Seed | ||
| Total Funding | 000k | ||
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ERC Eye Care operates as a "phygital" (physical + digital) network, focusing on delivering affordable eye care services to underserved markets, particularly in the smaller towns and rural areas of emerging economies. The company has established a presence across South-East Asia and Africa, serving low and middle-income customers.
Its business model is centered around an omni-channel approach, integrating technology into its services to reach a broad customer base. This includes providing tech-driven eye care solutions and leveraging a telemedicine platform for remote consultations. The company offers a range of products, including eyeglasses and other eye-wear, and has delivered over 180,000 of these products. Since its first hub in 2015, ERC has provided eye care to more than 500,000 people. The company follows an Integrated Patient Centric Eye Care (IPCEC) model, aiming to make its services accessible and affordable.
Keywords: eye care, phygital, omni-channel, emerging markets, telemedicine, affordable healthcare, eyewear, vision care, rural healthcare, patient-centric