About Aavishkar
Aavishkar is a Healthcare company based in Hyderabad (India) founded in 2013. Oral dissolving strips for OTC, Rx, and supplements are manufactured. The company has 77 employees. Its Indian entity Aavishkar Oral Strips Private Limited reported revenue of ₹38.34 Cr. Its focus areas include Life Sciences, Drug Delivery, Oral and Thin Films. Its competitors include ThinSol and BonAiyu Health; 2 of its 2 listed competitors have raised funding.
Company details
Aavishkar was founded in 2013 and is based in Hyderabad, India. Oral dissolving strips are produced for over-the-counter medications, prescription drugs, and nutritional supplements. Operations center on pharmaceutical manufacturing within the healthcare sector. The companys domain, aavishkar.org, supports its activities. Focus remains on developing dissolvable formats to meet various health product needs in the Indian market and beyond.
- Headquarters Hyderabad, India
- Employees 77
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website aavishkar.org
- Legal Name Aavishkar Oral Strips Private Limited
- Date of Incorporation 04 Sep, 2013
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹38.34 Cr
FY 2024 · +45% YoY
- Net Profit₹5.67 Cr
FY 2024 · 15% margin
- EBITDA₹8.81 Cr
FY 2024 · 23% margin
- Latest Funding Round$150K (USD), Grant
Jul 2015
- Investors
- Employee Count77
Associated legal entities of Aavishkar
Aavishkar operates through Aavishkar Oral Strips Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aavishkar Oral Strips Private Limited CIN U24100TG2013PTC089852 | Active | 04 Sep 2013 | Kothur, Telangana | ₹38.3 Cr | 77 | 3 | View details |
Funding Insights of Aavishkar
- Total Rounds 1
- Last Round Grant — $150,000
- First Round $150,000
(Jul 2015)
- Investors Count 1
All 1 funding rounds of Aavishkar with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $150,000 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Aavishkar
Aavishkar has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include National Science Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A government-backed foundation providing seed-stage investments to support small businesses. | 1950 | nsf.gov | Arlington, United States |
Investor details for Aavishkar
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Board of directors of Aavishkar Oral Strips Private Limited (Aavishkar)
Aavishkar Oral Strips Private Limited is the primary company behind Aavishkar. The board of Aavishkar Oral Strips Private Limited currently have 3 directors; the longest-serving is Dinesh, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh DIN 06656700 | Director | 04 Sep 2013 | 13 yrs 2 mo | Aavishkar Oral Strips Private Limited |
| Anusha Sane DIN 06656769 | Director | 04 Sep 2013 | 13 yrs 2 mo | Aavishkar Oral Strips Private Limited |
| Gunapati Reddy Venkat Keshav DIN 06593325 | Director | 02 Dec 2022 | 3 yrs 11 mo | Aavishkar Oral Strips Private Limited |
Financials of Aavishkar
Figures of Aavishkar Oral Strips Private Limited, the primary company behind Aavishkar, for FY 2024. Revenue was ₹38.34 Cr (+45% year on year). Net profit was ₹5.67 Cr (15% margin). EBITDA was ₹8.81 Cr (23% margin). Revenue has grown at a compounded annual rate of +79% over three years and +51% over five years.
- ₹38.34 CrRevenue · FY 2024 · +45% YoY
- ₹5.67 CrNet profit · 15% margin
- ₹8.81 CrEBITDA · 23% margin
- ₹1.43 CrPaid-up capital
- 77Employees (provident fund records)
- +79%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aavishkar Oral Strips Private Limited are on its company page.
Detailed financial statements for Aavishkar
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Aavishkar
2 dated milestones of Aavishkar across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Aavishkar is founded.
- Funding First funding round of $150K.
Competitors of Aavishkar
Aavishkar has 2 listed competitors in our database, 2 of them funded. They include ThinSol and BonAiyu Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thinsol.com | 2017 | Hyderabad, India | $4.59M | 72 | Provider of oral thin strips for bioavailability and discreet administration | |
| bonaiyuhealth.com | 2015 | Bengaluru, India | $926,702 | Mouth dissolving strips for nutritional supplements are provided. |
Detailed competitors of Aavishkar
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Aavishkar (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 2,062 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 557 |
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Frequently Asked Questions about Aavishkar
Aavishkar was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Aavishkar is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Aavishkar has 77 employees.
The primary company behind Aavishkar, Aavishkar Oral Strips Private Limited, reported revenue of ₹38.34 Cr for FY 2024, up 45% year on year.
Aavishkar was founded in 2013 and is based in Hyderabad, India. Oral dissolving strips are produced for over-the-counter medications, prescription drugs, and nutritional supplements. Operations center on pharmaceutical manufacturing within the healthcare sector. The companys domain, aavishkar.org, supports its activities. Focus remains on developing dissolvable formats to meet various health product needs in the Indian market and beyond.
Aavishkar's top competitors include ThinSol and BonAiyu Health.
Aavishkar has 1 investor. Key investors include National Science Foundation.
Aavishkar operates through Aavishkar Oral Strips Private Limited.
The legal entities of Aavishkar currently have 3 directors, including Dinesh, Anusha Sane, Gunapati Reddy Venkat Keshav.