Hearzap to acquire Amplifon India, scaling hearing-care network to 420 centres
360 ONE-backed Hearzap is buying Amplifon India to combine 420 centres, 240 points of sale and 1,000 service providers, lifting pro-forma revenue to Rs 230 crore. The merged entity targets Rs 500 crore revenue and 500 centres by FY29, consolidating a fragmented specialty retail category.
Hearzap, backed by 360 ONE Asset Management, will acquire Amplifon India, expanding its hearing-care network to about 420 centres and combined revenue of Rs 230 crore, targeting Rs 500 crore and 500 centres by FY29.
Why this matters
Hearzap's acquisition of Amplifon India marks a major consolidation play in India's fragmented hearing-care retail market, scaling its network nearly 2x and positioning it as the category leader in specialty health retail.
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