Azoi

Ahmedabad, India Founded: 2011 • Age: 15 yrs
Offers a health tracking electronic device that connects to smartphones for monitoring.
Annual revenue $1.3M Latest available
Total funding $3.0M 3 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Azoi

Azoi is a company based in Ahmedabad (India) founded in 2011 by Hamish Patel and Juned Munshi. It operates as a B2C. Azoi has raised $3 million across 3 funding rounds from investors including CIIE and Seeders. Azoi operates in a competitive market with competitors including Withings, Ultrahuman, Oura, iHealth Labs and Endotronix, among others.

  • Headquarter Ahmedabad, India
  • Founders Hamish Patel, Juned Munshi
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Azoi Mobile Technologies Private Limited
  • Date of Incorporation 07 Mar, 2012
  • Jurisdiction Ahmedabad, Gujarat, India
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.31 M (USD)
    17.32
    as on Mar 31, 2015
  • Net Profit
    $73.34 K (USD)
    -51.77
    as on Mar 31, 2015
  • EBITDA
    $265.53 K (USD)
    7.82
    as on Mar 31, 2015
  • Total Equity Funding
    $3 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Aug 18, 2014

  • Investors
    CIIE

    & 1 more

  • Employee Count
    Not available
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Funding Insights of Azoi

Azoi has successfully raised a total of $3M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in August 2014. 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.

Investors in Azoi

Azoi has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include CIIE and Seeders.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
India focused VC firm
Locked Locked Locked
Startup incubator
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Investor details for Azoi

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Investments & Acquisitions by Azoi

Investments
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Investment portfolio details for Azoi

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Financial Statements - Azoi

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Detailed financials for Azoi

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Azoi Comparisons

Azoi Primary company
Description
Offers a health tracking electronic device that connects to ...
Location
Ahmedabad, India
Founded Year
2011
Annual Revenue
$1.31 M (USD)
Net Profit
$73.34 K (USD)
EBITDA
$265.53 K (USD)
Employees
Not available
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Peer comparison for Azoi

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Competitors of Azoi

Azoi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Withings, Ultrahuman, Oura, iHealth Labs and Endotronix, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Connected devices for health, sleep, and activity monitoring are developed.
Locked Locked Locked
Metabolic health is tracked via devices and fitness platforms.
Locked Locked Locked
Health-tracking smart rings and biosensors are developed for biometric monitoring.
Locked Locked Locked
Personal healthcare devices for vital monitoring are designed and produced.
Locked Locked Locked
Miniaturized wireless implantable sensors are developed for hemodynamic monitoring.
Locked Locked Locked
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
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Detailed competitors of Azoi

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Latest news on Azoi

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Complete news archive for Azoi

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Frequently Asked Questions about Azoi

Azoi was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Azoi is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Hamish Patel is the current CEO of Azoi. They have also founded this company.

Azoi is a funded company, having raised a total of $3M across 3 funding rounds to date.

Annual revenue of Azoi is $1.31M as on Mar 31, 2015.

Azoi, led by Hamish Patel as Co-Founder, CEO, Juned Munshi as Co-Founder, specializes in promoting health and well-being, developing wearable devices, health tracking, and smartphone accessories. Offers a health tracking electronic device that connects to smartphones for monitoring. The team drives innovation, quality service, and sustainable practices to achieve excellence and client satisfaction.

Azoi's top competitors include Withings, Ultrahuman and Oura.

Azoi has 2 investors. Key investors include CIIE, and Seeders.

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