Ipsaa plans to invest Rs 100 cr; to add 125 day-care centres by 2020

Day-care chain Ipsaa plans to invest Rs 100 crore to more than double its centres across the country by 2020, and is also in talks with private equity players to raise $10 million in the next 12-18 months. "We are looking at opening 125 more day-care centres across the country by 2020, taking the total count to 200. All our centres are company-owned and operated and we plan to invest Rs 100 crore to fund our expansion plans," Ipsaa Co-founder and CEO Shiv Mittal said.