<article>While Nandan Nilekani has invested in eye care chain Drishti, education firm Rise India has bought majority stake in Padhopadhao.com.</article>

While Nandan Nilekani has invested in eye care chain Drishti, education firm Rise India has bought majority stake in Padhopadhao.com.
<h3>Nandan Nilekani backs eye care chain Drishti</h3>
Infosys co-founder and former chief executive <a style="color: #000080;" href="http://dealstreetasia.com/tag/Nandan-Nilekani">Nandan Nilekani</a> has invested an undisclosed amount into Bengaluru-based eye care chain <a style="color: #000080;" href="http://drishticare.org">Drishti</a>.
The investment was done through Nilekani&#8217;s Family Office— Entrust—however the financial details were not revealed.
Drishti is focused on providing affordable eye care and treatment in underserved markets. It is plans to use the funds to expand its reach to six more districts in Karnataka in the next phase of expansion, according to a company statement.
&#8220;This will help Drishti realise its goals &#8211; to deliver quality eye care through eye hospitals, telemedicine supported vision centres and mobile eye clinics,&#8221; said Kiran Anandampillai, founder and CEO of Drishti.
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Drishti had earlier raised seed funding from Lok Capital.
<h3>Rise India buys majority stake in ed-tech startup Padhopadhao.com</h3>
Gurgaon-based education firm <a style="color: #000080;" href="http://www.riseindiaglobal.com/">Rise India</a> has acquired a 60 per cent stake in tutor aggregator <a style="color: #000080;" href="http://www.padhopadhao.com/">Padhopadhao.com</a>. Under the terms of the deal, Rise India has invested Rs 1.5 crore ($221,000)  in Padhopadhao.com and plans to invest Rs 5 crore ($736,000) in future as the company grows, according to a statement.
The acquisition will help Rise India to establish its presence in the online tuition market. Co-founders Hemant Garg and Akhilesh Kumar will continue to represent Padhaopdhao.com.
The acquisition will help the portal expand operations to cities such as Mumbai, Jaipur, Chennai, Chandigarh, Bangalore and Hyderabad.
Also Read:
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/india-dealbook-40-45293/">India Dealbook: FarEye raises $3.5m from SAIF Partners; Staqu, Uolo also raise funds</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/nandan-nilekani-boards-railyatri-as-an-investor-39008/">India: Infy co-founder Nandan Nilekani boards RailYatri as an investor</a>
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While Nandan Nilekani has invested in eye care chain Drishti, education firm Rise India has bought majority stake in Padhopadhao.com.

India Dealbook: Nandan Nilekani backs Drishti; Rise India buys majority stake in Padhopadhao.com

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India Dealbook: Nandan Nilekani backs Drishti; Rise India buys majority stake in Padhopadhao.com

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