About Fovera Orthodesign
Fovera Orthodesign is a company based in Ahmedabad (India) founded in 2015 by Ritesh Prajapati and Sunny Patel. It operates as a D2C, and B2C. The company has 50 employees as of March 31, 2023. Fovera Orthodesign offers products and services including Seat Cushions, Gel Seat Cushions, Car Cushions, Foot Care Products, and Rehabilitation Aids. Fovera Orthodesign operates in a competitive market with competitors including Siren, Reapplix, PulseFlow, TexiSense and MedNoxa, among others.
- Headquarter Ahmedabad, India
- Employees 50 as on 31 Mar, 2023
- Founders Ritesh Prajapati, Sunny Patel
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Sectors
HealthcareConsumer
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Phone
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Website
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Social
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- Legal Name Fovera Orthodesign Private Limited
- Date of Incorporation 08 Mar, 2018
- Jurisdiction Visnagar, Gujarat, India
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Annual Revenue
$1.74 M (USD)36.71as on Mar 31, 2023
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Net Profit
$232.15 K (USD)235.01as on Mar 31, 2023
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EBITDA
$269.32 K (USD)123.4as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
50
as on Mar 31, 2023
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Products & Services of Fovera Orthodesign
Fovera Orthodesign offers a comprehensive portfolio of products and services, including Seat Cushions, Gel Seat Cushions, Car Cushions, Foot Care Products, and Rehabilitation Aids. 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.
Cushions for back and seat support to alleviate pain.
Gel-based cushions for bicycle and wheelchair use.
Cushions for car backrest and headrest support.
Gel insoles and supports for foot pain relief.
Items like wheelchairs and safety rails for mobility.
Funding Insights of Fovera Orthodesign
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Fovera Orthodesign
| 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 - Fovera Orthodesign
| 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 |
Fovera Orthodesign Comparisons
Competitors of Fovera Orthodesign
Fovera Orthodesign 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 Siren, Reapplix, PulseFlow, TexiSense and MedNoxa, 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 |
Innovative foot care solutions are provided by Siren.
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| domain | founded_year | HQ Location |
Developer of patch system for wound healing
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| domain | founded_year | HQ Location |
Diabetic foot ulcers are treated with a boot-shaped compression device.
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| domain | founded_year | HQ Location |
Smart socks and orthotic supports to prevent pressure ulcers in patients with sensory loss
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| domain | founded_year | HQ Location |
Develops an oxygen delivery bandage to promote effective wound healing.
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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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Frequently Asked Questions about Fovera Orthodesign
When was Fovera Orthodesign founded?
Fovera Orthodesign was founded in 2015.
Where is Fovera Orthodesign located?
Fovera Orthodesign is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
How many employees does Fovera Orthodesign have?
As of Mar 31, 2023, the latest employee count at Fovera Orthodesign is 50.
What is the annual revenue of Fovera Orthodesign?
Annual revenue of Fovera Orthodesign is $1.74M as on Mar 31, 2023.
What does Fovera Orthodesign do?
Fovera is an online platform specializing in ergonomic products such as seat cushions, pillows, and health aids designed to improve posture and reduce pain. It operates through an e-commerce website, allowing customers to purchase items like gel insoles and car cushions directly. The company focuses on wellness solutions for everyday activities, including work from home and travel, serving consumers seeking comfort. Based on a digital platform, it emphasizes quality materials and customer testimonials for effectiveness.
Who are the top competitors of Fovera Orthodesign?
What products or services does Fovera Orthodesign offer?
Fovera Orthodesign offers Seat Cushions, Gel Seat Cushions, Car Cushions, Foot Care Products, and Rehabilitation Aids.