HD Medical Group

Melbourne, Australia Founded: 2005 • Age: 21 yrs
Developer of stethoscopes with integrated phonocardiogram visual display

About HD Medical Group

HD Medical Group is a Healthcare company based in Melbourne (Australia) founded in 2005. Developer of stethoscopes with integrated phonocardiogram visual display. It operates in the Healthcare and Technology sectors. HD Medical Group has raised $5.18 million across 3 funding rounds from investors including Maxim Integrated. The company has 12 employees. Its Indian entity Hd Medical Services (India) Private Limited. reported revenue of β‚Ή1.45 Cr. Its focus areas include HealthTech, Disease Self Management, Cardiac and Vascular Disorders and Monitoring.

Company details

The HD medical Group produces stethoscopes with a high-resolution integrated phonocardiogram (PCG) visual display featuring the worlds first murmur indicator. Their stethoscopes have a unique embedded algorithm that enables clinicians to quickly screen for heart anomalies and murmurs. The scope has a tunable filter giving you the ability to select specific parts of the heart sound to listen to, such as S1S2, S3S4 murmurs, etc.

Key Metrics
  • Indian entity revenue
    ₹1.45 Cr

    FY 2024 · -12% YoY

  • Indian entity net loss
    -₹35.9 Lakh

    FY 2024 · -25% margin

  • Indian entity EBITDA
    -₹33.4 Lakh

    FY 2024 · -23% margin

  • Total Equity Funding
    $5.18M (USD)

    in 3 rounds

  • Investors
  • Employee Count
    12

Funding Insights of HD Medical Group

HD Medical Group has successfully raised a total of $5.18M across 3 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 $5.18M
  • Total Rounds 3
  • First Round $800,000

    (Feb 2016)

  • Investors Count 1

All 3 funding rounds of HD Medical Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2019$4.38MSeries A––
–
Jan 2019Debt – Conventional––
–
Feb 2016$800,000Seed––
Valuation history

1 investors in total: 1 institutional.

Investors in HD Medical Group

HD Medical Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Maxim Integrated.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
stg-maximintegrated.com
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Investor details for HD Medical Group

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  • Round participation
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Board of directors of Hd Medical Services (India) Private Limited. (HD Medical Group)

Hd Medical Services (India) Private Limited. is the primary company behind HD Medical Group. The board of Hd Medical Services (India) Private Limited. currently have 3 directors; the longest-serving is Arvind Thiagarajan, appointed in 2005. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Arvind Thiagarajan
DIN 00322768
Director24 Nov 200520 yrs 11 moHd Medical Services (India) Private Limited.
Murali Malayappan
DIN 00030096
Director08 Aug 20224 yrs 2 moHd Medical Services (India) Private Limited.
Kumar Banumathi Rajasekaran Ganesh
DIN 10929879
Additional Director21 Aug 20233 yrs 2 moHd Medical Services (India) Private Limited.

People of HD Medical Group

12 people are tracked at HD Medical Group (6 in leadership, 5 in board & advisors, 1 in team); the tracked headcount is 12.

NameRoleGroup
Founder & CEOLeadership
Venkat Raman
Chief Of Engineering And Senior Vice President Of OperationsLeadership
Eric Fronk
Cfo/cooLeadership
Prasad Bal
VP, Product Management and AlliancesLeadership
Rangarajan Raghavan
Managing Director, India & AsiaLeadership
Shaun Setty
Chief Medical OfficerLeadership
Arjun Malhotra
Board MemberBoard & advisors
Vic Mahadevan
Board MemberBoard & advisors
Douglas Johnston
Medical AdvisorBoard & advisors
Thomas Krummel
Medical AdvisorBoard & advisors
Nelson Schiller
Medical AdvisorBoard & advisors
Kavitha Madheswaran
QA & RA ManagerTeam
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Complete people profiles for HD Medical Group

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of HD Medical Group

Figures of Hd Medical Services (India) Private Limited., the primary company behind HD Medical Group, for FY 2024. Revenue was ₹1.45 Cr (-12% year on year). Net loss was -₹35.9 Lakh (-25% margin). EBITDA was -₹33.4 Lakh (-23% margin). Revenue has grown at a compounded annual rate of -5% over three years and +16% over five years.

  • ₹1.45 CrRevenue · FY 2024 · -12% YoY
  • -₹35.9 LakhNet loss · -25% margin
  • -₹33.4 LakhEBITDA · -23% margin
  • ₹1 LakhPaid-up capital
  • 12Employees (provident fund records)
  • -5%Revenue CAGR, 3 years
  • +16%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Hd Medical Services (India) Private Limited. are on its company page.

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Detailed financial statements for HD Medical Group

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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  • Downloads

Verified entity values are shown only after access is granted.

Timeline of HD Medical Group

3 dated milestones of HD Medical Group across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded HD Medical Group is founded.
  2. Funding First funding round of $800K.
  3. Funding Latest funding round, Debt – Conventional,.

Web traffic of HD Medical Group

Websites that share an audience with HD Medical Group (hdmedicalgroup.com).

Similar websites

Websites whose visitors overlap most with HD Medical Group. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
saracenresort.com
saracenresort.com
100%
#737,634–
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Related news about Hd Medical Group

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Complete news archive for HD Medical Group

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Frequently Asked Questions about HD Medical Group

HD Medical Group was founded in 2005 and raised its 1st funding round 11 years after it was founded.

HD Medical Group is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

HD Medical Group is a funded company, having raised a total of $5.18M across 3 funding rounds to date. The company's 1st funding round was a Seed of $800K, raised on Feb 2016.

HD Medical Group has 12 employees.

The primary company behind HD Medical Group, Hd Medical Services (India) Private Limited., reported revenue of β‚Ή1.45 Cr for FY 2024, down 12% year on year.

The HD medical Group produces stethoscopes with a high-resolution integrated phonocardiogram (PCG) visual display featuring the worlds first murmur indicator. Their stethoscopes have a unique embedded algorithm that enables clinicians to quickly screen for heart anomalies and murmurs. The scope has a tunable filter giving you the ability to select specific parts of the heart sound to listen to, such as S1S2, S3S4 murmurs, etc.

HD Medical Group has 1 investor. Key investors include Maxim Integrated.

HD Medical Group operates through Hd Medical Services (India) Private Limited..

The legal entities of HD Medical Group currently have 3 directors, including Murali Malayappan, Arvind Thiagarajan, Kumar Banumathi Rajasekaran Ganesh.

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