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.

— Source publishedTue, 19 May, 2026, 11:10 IST·First seen Tue, 19 May, 2026, 11:26 IST·Source ET Small Business

What happened

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

Key facts

  • 420 centres
  • 240 points of sale
  • 1,000 service providers
  • Rs 120 crore
  • Rs 230 crore
  • Rs 250 crore
  • Rs 500 crore by FY29
  • 500 centres by 2027

Why this matters

With Amplifon exiting India and Hearzap consolidating, remaining regional hearing-care chains and adjacent ENT/optical networks become attractive bolt-on targets at compressed multiples.