About Forus Health
Forus Health is a company based in Bengaluru (India) founded in 2010 by Shyam Vasudevarao and Chandrasekhar Kuppuswami.. Forus Health has raised $18.12 million across 6 funding rounds from investors including Accel, TEAMFund and Asian Healthcare Fund. The company has 145 employees as of April 02, 2024. Forus Health offers products and services including 3nethra classic, 3nethra classic HD, 3nethra neo, 3nethra aberro, and 3nethra flora. Forus Health operates in a competitive market with competitors including Remidio, Ibis Vision, Smart Optometry, Siloton and Beijing Digital Precision Medical Technology, among others.
- Headquarter Bengaluru, India
- Employees 145 as on 02 Apr, 2024
- Founders Shyam Vasudevarao, Chandrasekhar Kuppuswami
- 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 Forus Health Private Limited
- Date of Incorporation 20 Jan, 2010
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$4.78 M (USD)42.12as on Mar 31, 2023
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Net Profit
$920.66 K (USD)255.47as on Mar 31, 2023
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EBITDA
$1.03 M (USD)133.75as on Mar 31, 2023
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Total Equity Funding
$18.12 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Accel
& 6 more
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Employee Count
145
as on Apr 02, 2024
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Products & Services of Forus Health
Forus Health offers a comprehensive portfolio of products and services, including 3nethra classic, 3nethra classic HD, 3nethra neo, 3nethra aberro, and 3nethra flora. 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.
Compact device for capturing eye images and screening.
Captures high-resolution retina images for diagnostics.
Portable tool for documenting ocular diseases.
Handheld device for detecting refractive errors.
Non-contact tool for monitoring eye disorders.
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Funding Insights of Forus Health
Forus Health has successfully raised a total of $18.12M across 6 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 6
- Last Round Last Round
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First Round
First Round
(27 Apr 2012)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2025 | Amount | Series B - Forus Health | Valuation | Inviga Healthcare Fund |
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| Jan, 2020 | Amount | Series B - Forus Health | Valuation | TeamFund App |
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| Oct, 2018 | Amount | Series B - Forus Health | Valuation | Asian Healthcare Fund |
| 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 Forus Health
Forus Health has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Accel, TEAMFund and Asian Healthcare Fund. 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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PE firm invests in India
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital fund focused on seed-stage startups
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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 Forus Health
| 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 - Forus Health
| 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 |
Forus Health Comparisons
Competitors of Forus Health
Forus Health 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 Remidio, Ibis Vision, Smart Optometry, Siloton and Beijing Digital Precision Medical Technology, 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 |
AI-powered portable solutions for ophthalmic screening and diagnosis are developed.
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| domain | founded_year | HQ Location |
Cloud-based vision testing software is offered for the optical industry.
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| domain | founded_year | HQ Location |
A platform for optometry screening and diagnostic tools is provided.
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| domain | founded_year | HQ Location |
Digital eye imaging and OCT solutions are provided for providers.
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| domain | founded_year | HQ Location |
Intraoperative optical molecular imaging navigation solutions are provided.
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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 Forus Health
Frequently Asked Questions about Forus Health
When was Forus Health founded?
Forus Health was founded in 2010 and raised its 1st funding round 2 years after it was founded.
Where is Forus Health located?
Forus Health is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Forus Health?
Chandrasekhar Kuppuswami is the current CEO of Forus Health. They have also founded this company.
Is Forus Health a funded company?
Forus Health is a funded company, having raised a total of $18.12M across 6 funding rounds to date. The company's 1st funding round was a Series B of $2.49M, raised on Apr 27, 2012.
How many employees does Forus Health have?
As of Apr 02, 2024, the latest employee count at Forus Health is 145.
What is the annual revenue of Forus Health?
Annual revenue of Forus Health is $4.78M as on Mar 31, 2023.
What does Forus Health do?
Forus Health was founded in 2010 in Bengaluru, India, within the healthcare sector focused on ophthalmology. Portable digital devices are produced for capturing images of the eyes anterior and posterior segments, supporting the diagnosis of ocular conditions. A cloud-based platform is integrated with these devices to enable image storage, transmission, and remote patient monitoring. Operations emphasize accessibility in diverse healthcare environments, including underserved regions.
Who are the top competitors of Forus Health?
Forus Health's top competitors include Remidio, Ibis Vision and Siloton.
What products or services does Forus Health offer?
Forus Health offers 3nethra classic, 3nethra classic HD, 3nethra neo, 3nethra aberro, and 3nethra flora.
Who are Forus Health's investors?
Forus Health has 7 investors. Key investors include Accel, TEAMFund, Asian Healthcare Fund, TeamFund App, and Chiratae Ventures.
What is Forus Health's valuation?
The valuation of Forus Health is $48.15M as of Jan 2020.