About Hearing Plus
Hearing Plus is a company based in Kolkata (India) founded in 2006 by Kuntal Sarkar and Somenath Mukherjee.. The company has 35 employees as of November 30, 2023. Hearing Plus offers products and services including Behind-The-Ear (BTE) Hearing Aid, Receiver-In-Canal (RIC) Hearing Aid, In-The-Canal (ITC) Hearing Aid, Completely-In-Canal (CIC) Hearing Aid, and Invisible-In-The-Canal (IIC) Hearing Aid. Hearing Plus operates in a competitive market with competitors including Amplifon, Speech & Hearing Care, Aura Hearing, HearFon and Spectra Plus, among others.
- Headquarter Kolkata, India
- Employees 35 as on 30 Nov, 2023
- Founders Kuntal Sarkar, Somenath Mukherjee
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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
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Annual Revenue
$1.69 M (USD)49as on Mar 31, 2022
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Net Profit
$-64.83 K (USD)78as on Mar 31, 2022
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EBITDA
$116.22 K (USD)250as on Mar 31, 2022
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Latest Funding Round
- Investors
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Employee Count
35
as on Nov 30, 2023
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Products & Services of Hearing Plus
Hearing Plus offers a comprehensive portfolio of products and services, including Behind-The-Ear (BTE) Hearing Aid, Receiver-In-Canal (RIC) Hearing Aid, In-The-Canal (ITC) Hearing Aid, Completely-In-Canal (CIC) Hearing Aid, and Invisible-In-The-Canal (IIC) Hearing Aid. 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.
Sits behind the ear for mild to severe hearing loss support.
Small device for mild to moderate hearing issues with advanced features.
Fits inside the ear canal for everyday hearing assistance.
Invisible aid for mild hearing loss with natural sound delivery.
Smallest aid for discreet use in mild to moderate cases.
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Funding Insights of Hearing Plus
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2014 | Amount | Series A - Hearing Plus | Valuation |
investors |
| 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 Hearing Plus
Hearing Plus has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Z47. 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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Venture capital investment firm
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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 Hearing Plus
| 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 - Hearing Plus
| 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 |
Hearing Plus Comparisons
Competitors of Hearing Plus
Hearing Plus 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 Amplifon, Speech & Hearing Care, Aura Hearing, HearFon and Spectra Plus, 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 |
Hearing aids and accessories are manufactured, distributed, and retailed.
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| domain | founded_year | HQ Location |
Speech and hearing disorders are managed by ENT clinics chain.
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| domain | founded_year | HQ Location |
Hearing aid solutions and audiology services are provided to clients.
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| domain | founded_year | HQ Location |
Provides hearing aids, tests, consultations, and repairs in Bangalore clinics.
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| domain | founded_year | HQ Location |
Offers services including hearing, speech therapy, vertigo rehabilitation, and ENT diagnostic testing.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Hearing Plus
When was Hearing Plus founded?
Hearing Plus was founded in 2006 and raised its 1st funding round 8 years after it was founded.
Where is Hearing Plus located?
Hearing Plus is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Who is the current CEO of Hearing Plus?
Somenath Mukherjee is the current CEO of Hearing Plus. They have also founded this company.
How many employees does Hearing Plus have?
As of Nov 30, 2023, the latest employee count at Hearing Plus is 35.
What is the annual revenue of Hearing Plus?
Annual revenue of Hearing Plus is $1.69M as on Mar 31, 2022.
What does Hearing Plus do?
Hearing Plus was established in 2006 in Kolkata, India, by co-founders Kuntal Sarkar and Somenath Mukherjee, who serves as CEO. A network of clinics is operated across the region, with services centered on audiology and speech therapy. Operations are focused on diagnostic and rehabilitative care in the healthcare sector, addressing hearing impairments and communication disorders for patients in India.
Who are the top competitors of Hearing Plus?
Hearing Plus's top competitors include Amplifon, Speech & Hearing Care and Aura Hearing.
What products or services does Hearing Plus offer?
Hearing Plus offers Behind-The-Ear (BTE) Hearing Aid, Receiver-In-Canal (RIC) Hearing Aid, In-The-Canal (ITC) Hearing Aid, Completely-In-Canal (CIC) Hearing Aid, and Invisible-In-The-Canal (IIC) Hearing Aid.
Who are Hearing Plus's investors?
Hearing Plus has 1 investor. Key investors include Z47.