About Althion
Althion is a Healthcare company based in Hyderabad (India) founded in 2017 by Surya Rao. IoT-enabled medical water purification systems are manufactured for healthcare use. It operates on a HealthTech and Direct-to-Consumer (D2C) model. Althion has raised $590.06 thousand across 3 funding rounds from investors including C-CAMP, BioAngels and AIC-CCMB. Althion was last valued at $1.79 million in January 2022. Its Indian entity Althion Tech Innovations Private Limited reported revenue of ₹1.29 Cr. Althion offers products and services including RO Systems for Hemodialysis Centres, Portable RO Systems for Home & ICU Dialysis, and Ultra-Pure Water Systems for Labs & Pharma. Its focus areas include Medical Technology and Medical Devices.
Company details
Althion is focused on the development of IoT-enabled medical equipment and devices aimed at solving critical healthcare challenges. Based in Hyderabad, India, the company is involved in creating affordable solutions for healthcare use cases, particularly in the areas of ultra-pure water systems for kidney dialysis and laboratory settings. Products are also being developed for hemodialysis monitoring and heart health monitoring. The user-involved product development process is utilized to ensure relevance and effectiveness in real-world applications. Research and development efforts are supported by governmental agencies like the Department of Biotechnologys BIRAC, and licensing agreements for novel technologies are secured with institutions such as CSIR IICT.
- Headquarters Hyderabad, India
- Founders Surya Rao
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website althion.in
- Social LinkedIn
- Legal Name Althion Tech Innovations Pvt. Ltd.
- Date of Incorporation 27 Jun, 2017
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹1.29 Cr
FY 2024 · +154% YoY
- Net Profit₹31.9 Lakh
FY 2024 · 25% margin
- EBITDA₹46.5 Lakh
FY 2024 · 36% margin
- Total Equity Funding$590.06K (USD)
in 3 rounds
- Latest Funding Round$426.38K (USD), Seed
Nov 2024
- InvestorsC-CAMP
& 6 more
Associated legal entities of Althion
Althion operates through Althion Tech Innovations 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 |
|---|---|---|---|---|---|---|---|
| Althion Tech Innovations Private Limited CIN U72900TG2017PTC117970 | Active | 27 Jun 2017 | Hyderabad, Telangana | ₹1.3 Cr | 3 | View details |
Products & Services of Althion
Althion offers a comprehensive portfolio of products and services, including RO Systems for Hemodialysis Centres, Portable RO Systems for Home & ICU Dialysis, and Ultra-Pure Water Systems for Labs & Pharma.
RO systems are provided for hemodialysis centre applications.
Portable RO systems are designed for home dialysis use.
Ultra-pure water systems are developed for laboratory needs.
Funding Insights of Althion
Althion has successfully raised a total of $590.06K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $426.38 thousand completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $590,064
- Total Rounds 3
- Last Round Seed — $426,384
- First Round $80,013
(Aug 2020)
- Investors Count 7
All 3 funding rounds of Althion with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Jan 2022 | $1.79M | •••••••• |
| Aug 2020 | $1.43M | •••••••• |
Last known valuation $1.79M (Jan 2022). 7 investors in total: 3 institutional and 4 angel.
Investors in Althion
Althion has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include C-CAMP, BioAngels and AIC-CCMB.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and support platform for biotech and related startups in India. | 2022 | bioangels.vc | Delhi, India | |
Sector agnostic startup incubator | 2017 | aic.ccmb.res.in | Hyderabad, India | |
Bioscience research, innovation, and entrepreneurship facilitation in life sciences are conducted in India. | 2010 | ccamp.res.in | Bengaluru, India | |
AS Arun Seth | unknown_f50b6c97592341dca | |||
OM Om Manchanda | unknown_b6f11729e7ac4bc4a | |||
KV KNK Venkatraman | unknown_aa49284a4aa54a009 | |||
SR Shubham Rastogi | Angel investor and entrepreneur, focused on early-stage Indian startups. | unknown_e585f5c1ab1a4c3aa |
Investor details for Althion
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Althion Tech Innovations Private Limited (Althion)
Althion Tech Innovations Private Limited is the primary company behind Althion. The board of Althion Tech Innovations Private Limited currently have 3 directors; the longest-serving is Punardeepti Deevakonda, appointed in 2017. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Punardeepti Deevakonda DIN 07793546 | Director | 27 Jun 2017 | 9 yrs 3 mo | Althion Tech Innovations Private Limited |
| Pradyumna Krishna Seshasarathi Rao Suryarao DIN 06425434 | Managing Director | 27 Jun 2017 | 9 yrs 3 mo | Althion Tech Innovations Private Limited |
| Kuduva Kuppuraman Venkataraman DIN 02699919 | Nominee Director | 17 Jan 2025 | 1 yr 9 mo | Althion Tech Innovations Private Limited |
People of Althion
1 people are tracked at Althion (1 in leadership).
| Name | Role | Group |
|---|---|---|
Surya Rao | Co-Founder | Leadership |
Complete people profiles for Althion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Board tenure
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Verified entity values are shown only after access is granted.
Financials of Althion
Figures of Althion Tech Innovations Private Limited, the primary company behind Althion, for FY 2024. Revenue was ₹1.29 Cr (+154% year on year). Net profit was ₹31.9 Lakh (25% margin). EBITDA was ₹46.5 Lakh (36% margin). Revenue has grown at a compounded annual rate of +108% over five years.
- ₹1.29 CrRevenue · FY 2024 · +154% YoY
- ₹31.9 LakhNet profit · 25% margin
- ₹46.5 LakhEBITDA · 36% margin
- ₹81,910Paid-up capital
- +108%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Althion Tech Innovations Private Limited are on its company page.
Detailed financial statements for Althion
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Althion
4 dated milestones of Althion across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Althion is founded.
- Funding First funding round of $80K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $426K.
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Frequently Asked Questions about Althion
Althion was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Althion is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Althion is a funded company, having raised a total of $590.06K across 3 funding rounds to date. The company's 1st funding round was a Seed of $80.01K, raised on Aug 2020.
The primary company behind Althion, Althion Tech Innovations Private Limited, reported revenue of ₹1.29 Cr for FY 2024, up 154% year on year.
Althion is focused on the development of IoT-enabled medical equipment and devices aimed at solving critical healthcare challenges. Based in Hyderabad, India, the company is involved in creating affordable solutions for healthcare use cases, particularly in the areas of ultra-pure water systems for kidney dialysis and laboratory settings. Products are also being developed for hemodialysis monitoring and heart health monitoring. The user-involved product development process is utilized to ensure relevance and effectiveness in real-world applications. Research and development efforts are supported by governmental agencies like the Department of Biotechnologys BIRAC, and licensing agreements for novel technologies are secured with institutions such as CSIR IICT.
Althion offers RO Systems for Hemodialysis Centres, Portable RO Systems for Home & ICU Dialysis, and Ultra-Pure Water Systems for Labs & Pharma.
The valuation of Althion is $1.79M as of Jan 2022.
Althion operates through Althion Tech Innovations Private Limited.
The legal entities of Althion currently have 3 directors, including Punardeepti Deevakonda, Kuduva Kuppuraman Venkataraman, Pradyumna Krishna Seshasarathi Rao Suryarao.