Eyemantra
Eye Mantra (Eyemantra) is a Delhi-NCR-based chain of five ophthalmology hospitals offering cataract surgery, LASIK, ICL, retina, glaucoma, and cornea treatments to individual patients, supported by NABH/ISO accreditation and a $10M MantraCare investment for India and international expansion.
- Company typePrivate
- Founded2013
- HeadquartersDelhi, India
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Eyemantra does
Eye Mantra (Eyemantra) is a multi-location ophthalmology hospital chain headquartered in Paschim Vihar, West Delhi, with five operating branches across Delhi-NCR (Delhi, Gurugram, Noida, Ghaziabad, and Bahadurgarh). Founded in 2013, the chain provides a comprehensive spectrum of eye care services spanning cataract surgery, refractive surgery (LASIK, PRK, Contoura, SMILE/SILK), ICL implantation, glaucoma management, corneal transplantation and cross-linking (C3R), retinal surgery including diabetic retinopathy and age-related macular degeneration treatment, dry eye therapy (IPL), squint correction, and uveitis treatment. Procedures are delivered using advanced equipment procured from Zeiss, Topcon, and specialized systems including Femtosecond Laser, LENSAR robotic cataract platform, Zepto precision cataract device, and AI-guided LASIK (Foresight Pro).
The business operates a direct-to-consumer delivery model with walk-in, appointment, and free tele-consultation channels, supplemented by empanelment with government schemes, insurance providers, and Third Party Administrators (TPAs) for cashless mediclaim services. Revenue is generated almost entirely on a per-procedure fee basis, with cataract surgeries priced ₹10,000-90,000 depending on IOL selection, LASIK ₹10,000-70,000 per eye depending on technology tier (PRK through Wavelight Innoveyes), ICL ₹50,000-80,000 per eye, and specialty procedures (glaucoma, retina, cornea) ranging ₹3,000-160,000. Interest-free EMI plans with 20% down payment are offered, and an in-house Eye Mantra Foundation provides free or subsidized care to underprivileged patients. Lead surgeon Dr. Shweta Jain (15+ years, 20,000+ surgeries) anchors the medical brand alongside a team of approximately ten subspecialist ophthalmologists. The chain is accredited by NABH, NABH Bronze, ISO 9001, and QCI.
In June 2023, Eye Mantra raised $10 million in funding led by MantraCare, signaling a strategic pivot from a Delhi-NCR regional chain toward India-wide expansion and entry into Africa and Southeast Asia markets. MantraCare appears to function as a strategic parent investor. Across the chain, the company reports cumulative volumes of 100,000+ eyes examined and treated, with active paid digital marketing infrastructure (200,000+ YouTube subscribers, 4.9-star Google rating) supporting patient acquisition.
Eyemantra firmographics
Firmographics- Name
- Eyemantra
- Legal name
- Eye Mantra
- Website
- https://eyemantra.in
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Eye Mantra (Eyemantra) is a Delhi-NCR-based chain of five ophthalmology hospitals offering cataract surgery, LASIK, ICL, retina, glaucoma, and cornea treatments to individual patients, supported by NABH/ISO accreditation and a $10M MantraCare investment for India and international expansion.
- Ownership category
- akta.pro rank
Eyemantra industry classification
Industry- Product category
- Ophthalmology Hospital Services
- NAICS
- Offices of Physicians (except Mental Health Specialists) (621111), Offices of Optometrists (62132)
- SIC
- Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Ophthalmology Surgery Centers (HLAFAIAF)
- akta.pro secondary industries
- Comprehensive Eye Exams & Vision Care (HLAKAKAA), Retina & Vitreous Specialists (HLAKAKAE), Vision & Ophthalmic Diagnostic Centers (Optometry/OCT/Retinal Imaging) (HLAFAKAI)
Keywords
Where Eyemantra is headquartered
LocationHeadquarters
- HQ city
- Delhi
- HQ country
- India
- HQ region
- Asia
Offices5 records
Markets served
Eyemantra business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Surgical Procedures: One-time surgical fees for procedures including cataract surgery (₹10,000-₹90,000), LASIK (₹10,000-₹70,000), ICL (₹50,000-₹80,000), C3R (₹55,000), glaucoma treatment (₹3,500-₹160,000), cornea surgery (₹15,000-₹60,000), retina surgery (₹3,000-₹65,000). Fee varies by procedure type, lens selection, and surgical technology used.
- Diagnostic Services: Eye testing and diagnostic consultation fees starting at ₹500 for basic consultation. Includes visual acuity tests, OCT scans, pachymetry, and comprehensive ophthalmic examinations.
- EMI/Financing Plans: Interest-free EMI payment plans available for procedures with 20% down payment, generating processing fees from financing arrangements.
- Insurance/TPA Revenue: Cashless mediclaim services with government, insurance, and TPA panels. Revenue received through insurance claim settlements for covered procedures.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Cataract Surgery - Monofocal Lens |
| Unit Pricing | Pay-as-you-go | Cataract Surgery - Premium Lenses |
| Unit Pricing | Pay-as-you-go | LASIK Procedures |
| Unit Pricing | Pay-as-you-go | ICL Surgery |
| Unit Pricing | Pay-as-you-go | Dry Eye Treatment |
| Unit Pricing | Pay-as-you-go | C3R/Keratoconus Treatment |
| Unit Pricing | Pay-as-you-go | Glaucoma Treatment |
| Unit Pricing | Pay-as-you-go | Retina Surgery |
| Unit Pricing | Pay-as-you-go | Eye Testing/Consultation |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels10 records
Eyemantra product offering
Product offeringCore offering
Eye Mantra operates a chain of super-speciality eye hospitals across Delhi-NCR delivering ophthalmic surgical and diagnostic services to individual patients. Its core offerings span cataract surgery (laser and phaco with multiple IOL options), LASIK and refractive surgery, ICL implantation, glaucoma management, vitreoretinal surgery, corneal transplantation, C3R cross-linking, squint correction, dry eye therapy, and comprehensive eye examinations. Services are delivered at five hospital branches with cashless insurance/TPA support, interest-free EMI plans, and free consultations for senior citizens and students.
Product overview
EyeMantra is an eye care hospital chain offering a comprehensive portfolio of ophthalmic surgical and diagnostic services across multiple locations in India (Delhi, Noida, Gurugram, Ghaziabad, Bahadurgarh). The company operates as a unified hospital network providing core surgical procedures—Cataract Surgery, LASIK Surgery, ICL Surgery, Dry Eyes Treatment (IPL), Squint Surgery, C3R/Corneal Cross-Linking, Glaucoma Treatment, Cornea Treatment and Corneal Transplant, Retina Surgery, Diabetic Retinopathy Treatment, Retinal Detachment Treatment, ARMD Treatment, Uveitis Treatment, Scleral Buckle Surgery, and Eye Testing. The hospital chain integrates advanced laser and surgical technologies with diagnostic capabilities, offering various lens options (monofocal, multifocal, trifocal, toric IOLs for cataract; SMILE, SILK, Contoura, SmartSurf for LASIK) and treatments spanning the full spectrum of eye conditions from refractive correction to complex retinal surgeries.
Differentiator
Problem solved
Functional benefit
Products and services
- Cataract Surgery 100% painless, blade-free, stitchless laser cataract surgery with multiple IOL options including monofocal, multifocal, trifocal, and toric lenses, starting at ₹10,000 per eye, for adult patients with age-related or secondary cataracts.
- LASIK and Refractive Surgery Laser vision correction to reshape the cornea for myopia, hyperopia, and astigmatism, offered in multiple technology variants including PRK, Contoura Vision, SMILE/SILK, SmartSurf, Femto LASIK, and AI-guided Foresight Pro starting at ₹10,000 per eye, for patients seeking to remove glasses or contact lenses.
- ICL (Implantable Collamer Lens) Surgery Permanent artificial lens implantation for vision correction, suitable for patients with eye power higher than 8D, thin or weak corneas, or dry eye conditions where LASIK is not advisable, priced from ₹50,000 per eye using IPCL, BioTech, or STAAR Visian lenses.
- Dry Eyes Treatment (IPL Therapy) Treatment for chronic dry eye syndrome using Intense Pulsed Light (IPL) therapy at ₹5,000 per sitting (typically 3-4 sessions), punctal plugs, scleral lenses, and Lipiflow thermal pulsation to unclog Meibomian glands and improve tear film quality.
- Squint / Strabismus Surgery Surgical and non-surgical treatment for eye misalignment (strabismus) including corrective lenses, vision therapy, botox, and precise eye muscle surgery for esotropia, exotropia, and hypertropia, with 10,000+ procedures performed by the medical team.
- C3R / Corneal Cross-Linking Surgery Minimally invasive outpatient procedure using riboflavin (vitamin B2) solution and UVA light to strengthen the cornea and halt the progression of keratoconus, priced at ₹55,000 total.
- Glaucoma Treatment Treatment for elevated intraocular pressure and glaucoma including peripheral iridotomy, bleb needling, trabeculectomy, Ahmed Glaucoma Valve implants, and iStent MIGS procedures, with 1,000+ glaucoma surgeries performed by Dr. Shweta Jain.
- Cornea Treatment and Corneal Transplant Cornea subspecialty services including Penetrating Keratoplasty (PK), Anterior Lamellar Keratoplasty (DALK), DSAEK, DMEK, PTK laser treatment, amniotic membrane grafting, and Intacs for keratoconus, achieving a 90% corneal transplant completion rate.
- Retina Surgery Treatment for retinal disorders including diabetic retinopathy, retinal detachment, age-related macular degeneration, and uveitis using vitrectomy, scleral buckling, laser photocoagulation, and anti-VEGF injections, with 1,000+ retinal detachment treatments and 10,000+ ARMD eyes treated.
- Eye Testing and Comprehensive Eye Exams Complete eye examination services including visual acuity testing, retinoscopy, refraction testing, keratometry, peripheral visual field testing, OCT, and intraocular pressure measurement, with basic consultation priced at ₹500 and free for senior citizens and students.
Quantifiable outcome
- 95% of cataract surgery patients experience improved vision
- +3 more outcomes
Companies that use Eyemantra
Customer profileNamed customers8 records
Segments11 records
Ideal customer profiles3 records
Eyemantra technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Eyemantra partnerships and signals
Strategic signalScale indicators19 records
Recent moves7 records
Expansion highlights8 records
Eyemantra competitors and assessment
Company assessmentDirect peers
- Dr. Agarwal's Eye Hospital: India's largest eye care hospital chain with 150+ centers across India and abroad. Directly comparable to Eye Mantra as a multi-specialty ophthalmology chain offering cataract, LASIK, retina, and glaucoma services with similar technology stacks and pricing tiers.
- Center for Sight: Well-established Indian eye care chain with strong North India presence, including multiple Delhi-NCR centers. Competes head-to-head with Eye Mantra on cataract, LASIK, and advanced ophthalmic surgical services for the same insured and self-pay patient base.
- Maxivision Eye Hospital: Pan-India eye care chain offering comprehensive ophthalmology services including LASIK, cataract, and retinal treatments. Comparable in scope, technology positioning, and Tier-1 city focus to Eye Mantra's specialty surgical offering.
- ASG Eye Hospital: National chain of super-specialty eye hospitals in India covering cataract, refractive, retina, and glaucoma procedures. Directly comparable in service breadth, hospital format, and tier-2/3 expansion strategy.
- Vasan Eye Care: One of India's largest eye care networks with multi-city presence offering cataract, LASIK, and specialty eye care. Comparable to Eye Mantra as a high-volume, broad-service ophthalmology chain.
- Sharp Sight Eye Hospital: North India-based eye care chain with multiple centers, focused on cataract, refractive, and vitreoretinal surgery. Directly comparable to Eye Mantra in Delhi-NCR catchment and service mix.
- Narayana Nethralaya: Multi-specialty eye hospital chain headquartered in Bangalore with strong clinical reputation in cataract, cornea, and retina. Comparable to Eye Mantra on specialty surgical depth and tertiary ophthalmology positioning.
- Sankara Nethralaya: Leading non-profit and charitable eye hospital chain in India known for high-volume cataract and specialty services. Comparable to Eye Mantra in service breadth and medical-tourism focus.
Broad incumbents
- Apollo Hospitals (Eye Care Division): Large multi-specialty hospital group in India with a dedicated eye care offering at flagship centers. Overlaps with Eye Mantra on ophthalmology but as part of a much wider healthcare portfolio, not as a specialist chain.
- Fortis Healthcare (Ophthalmology Services): Major Indian multi-specialty hospital network with ophthalmology departments at key centers. Broader incumbent compared to Eye Mantra — competes on premium tertiary ophthalmology but is not a focused eye-care specialist.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Eyemantra social profiles
Digital presenceEyemantra compliance and trust
Trust signalCompliance4 records
Eyemantra financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eyemantra leadership team
Management profileNumber of profiles
Profiles1 record
Eyemantra funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eyemantra M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eyemantra
What does Eyemantra do?
Eye Mantra operates a chain of super-speciality eye hospitals across Delhi-NCR delivering ophthalmic surgical and diagnostic services to individual patients. Its core offerings span cataract surgery (laser and phaco with multiple IOL options), LASIK and refractive surgery, ICL implantation, glaucoma management, vitreoretinal surgery, corneal transplantation, C3R cross-linking, squint correction, dry eye therapy, and comprehensive eye examinations. Services are delivered at five hospital branches with cashless insurance/TPA support, interest-free EMI plans, and free consultations for senior citizens and students.
Is Eyemantra a public or private company?
Eyemantra is a private company. It is classified as venture growth investor backed and is currently operating.
When was Eyemantra founded?
Eyemantra was founded in 2013. It employs 101 to 250 people.
Where is Eyemantra based?
Eyemantra is headquartered in Delhi, India, in the Asia region.
How does Eyemantra make money?
Four revenue lines are on record. Surgical Procedures are the primary driver. The others are diagnostic Services, EMI/Financing Plans and insurance/TPA Revenue.
Who are Eyemantra's main competitors?
Direct peers on record are Dr. Agarwal's Eye Hospital, Center for Sight, Maxivision Eye Hospital, ASG Eye Hospital, Vasan Eye Care, Sharp Sight Eye Hospital, Narayana Nethralaya and Sankara Nethralaya. Broad incumbents are Apollo Hospitals (Eye Care Division) and Fortis Healthcare (Ophthalmology Services).
Does Eyemantra have an API?
No public API is recorded for Eyemantra.
What industry is Eyemantra in?
Eyemantra's product category is Ophthalmology Hospital Services. Its primary akta.pro industry code is HLAFAIAF, Ophthalmology Surgery Centers, with a secondary code of HLAKAKAA, Comprehensive Eye Exams & Vision Care. Its NAICS code is 621111 and its SIC code is 8093.