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
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Shetty Orthopedic Private Limited
- Date of Incorporation 14 Dec, 2022
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$7.21 K (USD)0as on Mar 31, 2023
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Net Profit
$3.05 K (USD)0as on Mar 31, 2023
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EBITDA
$3.05 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$5.46 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Kotak Mahindra Bank
& 2 more
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices for arthroplasty and sports medicine treatments
Solutions for neurointervention and peripheral care
Tools for gastroenterology and urology procedures
Unlock access to complete
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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
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First Round
First Round
(30 Jan 2009)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Series A - Biorad Medisys | Valuation |
investors |
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| Mar, 2017 | Amount | Series A - Biorad Medisys | Valuation | InvAscent |
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| Feb, 2016 | Amount | Series A - Biorad Medisys | Valuation | InvAscent |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on life sciences investments in India.
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Founded Year | Domain | Location | |
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Commercial banking services are offered to corporate and retail customers.
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Founded Year | Domain | Location | |
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Develops innovative medical devices for hospital operating rooms.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Biorad Medisys
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Biorad Medisys
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Biorad Medisys Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
3D-printed orthopedic products are developed for customized knee implants.
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| domain | founded_year | HQ Location |
Knee and hip alignment devices and technology
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| domain | founded_year | HQ Location |
Synthetic cartilage implants are developed for osteoarthritis treatment.
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| domain | founded_year | HQ Location |
Provider of cloud-based 3D-printed medical models and surgical guides
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| domain | founded_year | HQ Location |
Total shoulder replacement solutions based on glenoid technology are provided.
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| domain | founded_year | HQ Location |
Developer of medical device for orthopedic diseases
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Biorad Medisys
Frequently Asked Questions about Biorad Medisys
When was Biorad Medisys founded?
Biorad Medisys was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Biorad Medisys located?
Biorad Medisys is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Who is the current CEO of Biorad Medisys?
Babu P P is the current CEO of Biorad Medisys.
Is Biorad Medisys a funded company?
Biorad Medisys is a funded company, having raised a total of $5.46M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.67M, raised on Jan 30, 2009.
How many employees does Biorad Medisys have?
As of Mar 25, 2024, the latest employee count at Biorad Medisys is 1.
What is the annual revenue of Biorad Medisys?
Annual revenue of Biorad Medisys is $7.21K as on Mar 31, 2023.
What does Biorad Medisys do?
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.
Who are the top competitors of Biorad Medisys?
Biorad Medisys's top competitors include OrthAlign, Axial3D and Shoulder Innovations.
What products or services does Biorad Medisys offer?
Biorad Medisys offers Orthovasive, Neurovasive, and Indovasive.
Who are Biorad Medisys's investors?
Biorad Medisys has 3 investors. Key investors include Kotak Mahindra Bank, InvAscent, and BioMediCon.
What is Biorad Medisys's valuation?
The valuation of Biorad Medisys is $48.06M as of Mar 2017.