About Dhanvantri Biomedical
Dhanvantri Biomedical is a Healthcare company based in Coimbatore (India) founded in 2019. It develops innovative medical devices to improve quality of life for individuals with mobility impairments. It operates on a B2B model. Its Indian entity Dhanvantri Biomedical Private Limited reported revenue of ₹28.4 Lakh. Its focus areas include Medical Devices, Assistive Technologies and Mobility Solutions. Its competitors include Arcatron, WHILL, Numotion, Kalogon Smart Cushion and Permobil and 3 more; 5 of its 8 listed competitors have raised funding.
Company details
Dhanvantri Biomedical develops innovative medical devices to improve quality of life for individuals with mobility impairments through providing healthcare solutions, developing medical devices, assistive technologies, and offering mobility solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
- Headquarters Coimbatore, India
- SectorsHealthcare
- Website dhanvantribiomedical.com
- Legal Name Dhanvantri Biomedical Private Limited
- Date of Incorporation 02 Sep, 2019
- Jurisdiction Coimbatore, Tamil Nadu, India
- Annual Revenue₹28.4 Lakh
FY 2024 · -7% YoY
- Net Loss-₹7.1 Lakh
FY 2024 · -25% margin
- EBITDA-₹6.8 Lakh
FY 2024 · -24% margin
Associated legal entities of Dhanvantri Biomedical
Dhanvantri Biomedical operates through Dhanvantri Biomedical 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 |
|---|---|---|---|---|---|---|---|
| Dhanvantri Biomedical Private Limited CIN U33119TZ2019PTC032664 | Active | 02 Sep 2019 | Coimbatore, Tamil Nadu | ₹0.3 Cr | – | 2 | View details |
Board of directors of Dhanvantri Biomedical Private Limited (Dhanvantri Biomedical)
Dhanvantri Biomedical Private Limited is the primary company behind Dhanvantri Biomedical. The board of Dhanvantri Biomedical Private Limited currently have 2 directors; the longest-serving is Sruthi Babu, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sruthi Babu DIN 08552122 | Director | 02 Sep 2019 | 7 yrs 1 mo | Dhanvantri Biomedical Private Limited |
| Priyankaa Babu DIN 09476987 | Director | 07 Feb 2022 | 4 yrs 8 mo | Dhanvantri Biomedical Private Limited |
Financials of Dhanvantri Biomedical
Figures of Dhanvantri Biomedical Private Limited, the primary company behind Dhanvantri Biomedical, for FY 2024. Revenue was ₹28.4 Lakh (-7% year on year). Net loss was -₹7.1 Lakh (-25% margin). EBITDA was -₹6.8 Lakh (-24% margin). Revenue has grown at a compounded annual rate of +35% over three years.
- ₹28.4 LakhRevenue · FY 2024 · -7% YoY
- -₹7.1 LakhNet loss · -25% margin
- -₹6.8 LakhEBITDA · -24% margin
- ₹2 LakhPaid-up capital
- +35%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Dhanvantri Biomedical Private Limited are on its company page.
Detailed financial statements for Dhanvantri Biomedical
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Competitors of Dhanvantri Biomedical
Dhanvantri Biomedical has 8 listed competitors in our database, 5 of them funded. They include Arcatron, WHILL, Numotion, Kalogon Smart Cushion and Permobil, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| arcatron.com | 2015 | Pune, India | $23.28M | 300 | Assisted mobility and elderly care devices are provided by Arcatron. | |
| whill.inc | 2012 | Shinagawa, Japan | $62.5M | – | Personal electric wheelchairs for mobility support are developed. | |
| numotion.com | 2001 | Rocky Hill, United States | – | 2,948 | Mobility assistance devices including power wheelchairs and scooters are supplied. | |
| kalogon.com | 2020 | Cocoa, United States | $4.7M | – | Manufacturer of wheelchairs | |
| permobil.com | 1999 | – | – | 9 | Electric-powered wheelchairs and mobility products are developed and manufactured. | |
| bangbangrobotics.com | 2016 | Shanghai, China | $14.92M | – | Assistive robotic solutions for mobility-impaired individuals are provided. | |
| munevo.com | 2018 | Munich, Germany | $2.92M | 22 | Smart wheelchairs for mobility-impaired users are controlled via head movements. | |
| haltija.fi | 2011 | Vantaa, Finland | – | – | Rehabilitation therapy equipment, including mobility aids and prostheses, is supplied. |
Detailed competitors of Dhanvantri Biomedical
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Top companies in Assistive & Age Tech Solutions
10 companies that operate in the same segment as Dhanvantri Biomedical (Assistive & Age Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-sharing service for children's healthcare transportation is managed digitally. | 2014 | South Pasadena, California, United States | USD 105.52 M | – | 123 | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
Hearing loss treatment devices are developed by WS Audiology. | 2019 | Allerød, Denmark | – | – | – | |
Aira is focused on providing remote video interpreting services for accessibility. | 2014 | San Diego, California, United States | USD 192.2 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Senior members are connected with caregivers through a digital platform. | 2017 | Miami, Florida, United States | USD 256.81 M | – | 1,080 | |
Online job portal for disabled people | 2014 | Sydney, New South Wales, Australia | USD 40 M | USD 61.44 M | – | |
Provider of home care and senior care services | 2014 | Omaha, Nebraska, United States | USD 325 M | – | 1,230 | |
Personal electric wheelchairs for mobility support are developed. | 2012 | Shinagawa, Tokyo, Japan | USD 62.5 M | – | – | |
AI-based fall detection and prevention technology is provided for clinics. | 2014 | San Francisco, California, United States | USD 102.5 M | – | 85 |
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Frequently Asked Questions about Dhanvantri Biomedical
Dhanvantri Biomedical was founded in 2019.
Dhanvantri Biomedical is headquartered in Coimbatore, India. It is registered at Coimbatore, Tamil Nadu, India.
The primary company behind Dhanvantri Biomedical, Dhanvantri Biomedical Private Limited, reported revenue of ₹28.4 Lakh for FY 2024, down 7% year on year.
Dhanvantri Biomedical develops innovative medical devices to improve quality of life for individuals with mobility impairments through providing healthcare solutions, developing medical devices, assistive technologies, and offering mobility solutions. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field.
Dhanvantri Biomedical's top competitors include WHILL, Arcatron and Kalogon Smart Cushion.
Dhanvantri Biomedical operates through Dhanvantri Biomedical Private Limited.
The legal entities of Dhanvantri Biomedical currently have 2 directors, including Sruthi Babu, Priyankaa Babu.