Biorad Medisys

Pune, India Founded: 2007 • Age: 19 yrs
Medical devices for orthopaedic, neurovascular, and endovascular procedures are manufactured.
Annual revenue $7,214 Latest available
Total funding $5.5M 4 rounds
Employees 1 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Biorad Medisys

Biorad Medisys is a company based in Pune (India) founded in 2007. Biorad Medisys has raised $5.46 million across 4 funding rounds from investors including Kotak Mahindra Bank, InvAscent and BioMediCon. The company has 1 employees as of March 25, 2024. Biorad Medisys offers products and services including Orthovasive, Neurovasive, and Indovasive. Biorad Medisys operates in a competitive market with competitors including ConforMIS, OrthAlign, Cartiva, Axial3D and Shoulder Innovations, among others.

  • Headquarter Pune, India
  • Employees 1 as on 25 Mar, 2024
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Shetty Orthopedic Private Limited
  • Date of Incorporation 14 Dec, 2022
  • Jurisdiction Pune, Maharashtra, India
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $7.21 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    $3.05 K (USD)
    0
    as on Mar 31, 2023
  • EBITDA
    $3.05 K (USD)
    0
    as on Mar 31, 2023
  • Total Equity Funding
    $5.46 M (USD)

    in 4 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    1

    as on Mar 25, 2024

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Products & Services of Biorad Medisys

Biorad Medisys offers a comprehensive portfolio of products and services, including Orthovasive, Neurovasive, and Indovasive.

Product name locked
Category locked
Primary

Devices for arthroplasty and sports medicine treatments

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Solutions for neurointervention and peripheral care

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Tools for gastroenterology and urology procedures

People of Biorad Medisys

Headcount 500-1000
Employee Profiles 17
Employee Profiles
People
Debasish Pradhan
Director Of Innovation & IP
People
Nirav Vora
Chief Financial Officer
People
Mukesh Sharma
Area Sales Manager
People
Sameer Gadkari
Business Unit Head

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Funding Insights of Biorad Medisys

Biorad Medisys has successfully raised a total of $5.46M across 4 strategic funding rounds. 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 Biorad Medisys

Biorad Medisys has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Kotak Mahindra Bank, InvAscent and BioMediCon.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on life sciences investments in India.
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Commercial banking services are offered to corporate and retail customers.
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Develops innovative medical devices for hospital operating rooms.
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Investor details for Biorad Medisys

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Investments & Acquisitions by Biorad Medisys

Investments
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Investment portfolio details for Biorad Medisys

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Financial Statements - Biorad Medisys

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Detailed financials for Biorad Medisys

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Biorad Medisys Comparisons

Biorad Medisys Primary company
Description
Medical devices for orthopaedic, neurovascular, and endovasc...
Location
Pune, India
Founded Year
2007
Annual Revenue
$7.21 K (USD)
Net Profit
$3.05 K (USD)
EBITDA
$3.05 K (USD)
Employees
1
As of 2024
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Peer comparison for Biorad Medisys

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Competitors of Biorad Medisys

Biorad Medisys 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 ConforMIS, OrthAlign, Cartiva, Axial3D and Shoulder Innovations, among others.

Company Name Domain Founded year HQ Location Description
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3D-printed orthopedic products are developed for customized knee implants.
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Knee and hip alignment devices and technology
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Synthetic cartilage implants are developed for osteoarthritis treatment.
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Provider of cloud-based 3D-printed medical models and surgical guides
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Total shoulder replacement solutions based on glenoid technology are provided.
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Developer of medical device for orthopedic diseases
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Detailed competitors of Biorad Medisys

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Latest news on Biorad Medisys

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Complete news archive for Biorad Medisys

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Frequently Asked Questions about Biorad Medisys

Biorad Medisys was founded in 2007 and raised its 1st funding round 2 years after it was founded.

Biorad Medisys is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Babu P P is the current CEO of Biorad Medisys.

Biorad Medisys is a funded company, having raised a total of $5.46M across 4 funding rounds to date.

As of Mar 25, 2024, the latest employee count at Biorad Medisys is 1.

Annual revenue of Biorad Medisys is $7.21K as on Mar 31, 2023.

Biorad Medisys was founded in 2007 and is based in Pune, India. Medical devices are produced for the orthopaedics sector, including solutions for arthroplasty and sports medicine. Interventions in peripheral and neurovascular areas are supported through specialized devices. Endovascular applications in gastroenterology and urology are also addressed. Operations focus on scientific innovation within the healthcare industry to advance procedures in these fields.

Biorad Medisys's top competitors include OrthAlign, Axial3D and Shoulder Innovations.

Biorad Medisys offers Orthovasive, Neurovasive, and Indovasive.

Biorad Medisys has 3 investors. Key investors include Kotak Mahindra Bank, InvAscent, and BioMediCon.

The valuation of Biorad Medisys is $48.06M as of Mar 2017.

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