About Avantari
Avantari is a Healthcare company based in Hyderabad (India) founded in 2014 by Mani Shankar. It develops wearable devices for monitoring health and meditation. It operates on a B2C model. The company has 12 employees. Its Indian entity Avantari Technologies Private Limited reported revenue of ₹43.6 Lakh. Its focus areas include Health Tech, Wearables, Health Monitoring and Meditation and Wellness.
Company details
Avantari operates with a B2C model, focusing on health tech, developing wearables, providing health monitoring, and meditation and wellness. Develops wearable devices for monitoring health and meditation. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Hyderabad, India
- Employees 12
- Founders Mani Shankar
- SectorsHealthcare
- Website avantari.org
- Legal Name Avantari Technologies Private Limited
- Date of Incorporation 13 Feb, 2014
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹43.6 Lakh
FY 2024 · +430% YoY
- Net Profit₹2.1 Lakh
FY 2024 · 5% margin
- EBITDA₹3.6 Lakh
FY 2024 · 8% margin
- Employee Count12
Associated legal entities of Avantari
Avantari is associated with 2 registered companies on The Company Check; the primary company is Avantari Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Avantari Technologies Private Limited CIN U62099TG2014PTC092939 | Active | 13 Feb 2014 | Hyderabad, Telangana | ₹0.4 Cr | 12 | 2 | View details |
| Avantari Technologies Private Limited CIN U85100TG2014PTC092939 | 13 Feb 2014 | Hyderabad, Telangana, India | View details |
Board of directors of Avantari Technologies Private Limited (Avantari)
Avantari Technologies Private Limited is the primary company behind Avantari. The board of Avantari Technologies Private Limited currently have 2 directors; the longest-serving is Bhairav Shankar, appointed in 2014. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhairav Shankar DIN 05268583 | Director | 13 Feb 2014 | 12 yrs 8 mo | Avantari Technologies Private Limited |
| Premdutta Shankar DIN 10416227 | Director | 06 Dec 2023 | 2 yrs 10 mo | Avantari Technologies Private Limited |
People of Avantari
1 people are tracked at Avantari (1 in leadership); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Mani Shankar | Co-Founder | Leadership |
Complete people profiles for Avantari
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Financials of Avantari
Figures of Avantari Technologies Private Limited, the primary company behind Avantari, for FY 2024. Revenue was ₹43.6 Lakh (+430% year on year). Net profit was ₹2.1 Lakh (5% margin). EBITDA was ₹3.6 Lakh (8% margin). Revenue has grown at a compounded annual rate of -23% over three years and -42% over five years.
- ₹43.6 LakhRevenue · FY 2024 · +430% YoY
- ₹2.1 LakhNet profit · 5% margin
- ₹3.6 LakhEBITDA · 8% margin
- ₹1.1 LakhPaid-up capital
- 12Employees (provident fund records)
- -23%Revenue CAGR, 3 years
- -42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Avantari Technologies Private Limited are on its company page.
Detailed financial statements for Avantari
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.
Top companies in Health Monitoring & Wearables
3 companies that operate in the same segment as Avantari (Health Monitoring & Wearables) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
AI-powered EMR, EHR, and patient engagement solutions are provided. | 2020 | Bengaluru, Karnataka, India | USD 19.5 M | USD 3.36 M | 117 |
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Frequently Asked Questions about Avantari
Avantari was founded in 2014.
Avantari is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Avantari has 12 employees.
The primary company behind Avantari, Avantari Technologies Private Limited, reported revenue of ₹43.6 Lakh for FY 2024, up 430% year on year.
Avantari operates with a B2C model, focusing on health tech, developing wearables, providing health monitoring, and meditation and wellness. Develops wearable devices for monitoring health and meditation. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Avantari operates through Avantari Technologies Private Limited.
The legal entities of Avantari currently have 2 directors, including Bhairav Shankar, Premdutta Shankar.