Hearzap

Hyderabad, India Founded: 2018 • Age: 8 yrs Minicorn
Online store offering a range of hearing aids and services

About Hearzap

Hearzap is a Healthcare company based in Hyderabad (India) founded in 2018 by Raja S. Online store offering a range of hearing aids and services. Hearzap has raised $7.17 million across 2 funding rounds from investors including 360 One. The company has 62 employees. Hearzap has completed 1 acquisition, including Speech & Hearing Care. Hearzap was last valued at $33.15 million in May 2025. Its website hearzap.com draws about 94 thousand monthly visits. Its Indian entity Iza Medi Technologies Private Limited reported revenue of β‚Ή78.81 Cr. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Medical Devices.

Company details

Hearzap was established in 2018 in Hyderabad, India, within the healthcare sector focused on auditory solutions. An online store is maintained, enabling users to locate nearby outlets and select from various hearing aid brands. Services encompass hearing assessments, device fittings, and continuous maintenance adjustments. Operations center on facilitating access to these resources for individuals requiring auditory support.

  • Headquarters Hyderabad, India
  • Employees 62
  • Founders Raja S
  • Stage Minicorn
  • Sectors
    Healthcare
  • Website category Finance · Accounting and Auditing
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website hearzap.com
  • Social LinkedIn X Facebook
  • Legal Name Iza Medi Technologies Private Limited
  • Date of Incorporation 05 Apr, 2019
  • Jurisdiction Hyderabad, Telangana, India
Key Metrics
  • Annual Revenue
    ₹78.81 Cr

    FY 2025 · +10% YoY

  • Net Loss
    -₹16.33 Cr

    FY 2025 · -21% margin

  • EBITDA
    -₹11.73 Cr

    FY 2025 · -15% margin

  • Total Equity Funding
    $7.17M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.16M (USD), Series A

    May 2025

  • Investors
  • Employee Count
    62
  • Investments & Acquisitions

Apps and channels of Hearzap

Hearzap publishes 2 mobile apps with over 100K+ downloads.

Hearzap - Hearing Test App
Google Play Medical Everyone Free
Developer: HEARZAP
View on Google Play
Hearzap Hearing Test App
App Store Health & Fitness 4+
Developer: IZA Medi Technologies Pvt Ltd
View on App Store

Funding Insights of Hearzap

Hearzap has successfully raised a total of $7.17M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.16 million completed in May 2025. 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 $7.17M
  • Total Rounds 2
  • Last Round Series A β€” $1.16M
  • First Round $6.01M

    (Nov 2023)

  • Investors Count 1

All 2 funding rounds of Hearzap with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2025$1.16MSeries A$33.15M360 One
–
Nov 2023$6.01MSeries A–360 One
–
Valuation history
DateValuationStage
May 2025$33.15Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $33.15M (May 2025). 1 investors in total: 1 institutional.

Investors in Hearzap

Hearzap has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 360 One.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Asset and wealth management software is provided for businesses.
2008360.oneMumbai, India
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Investor details for Hearzap

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Board of directors of Iza Medi Technologies Private Limited (Hearzap)

Iza Medi Technologies Private Limited is the primary company behind Hearzap. The boards of the 4 registered companies of Hearzap currently have 6 directors; the longest-serving is Rengasamy Selvaraj, appointed in 2013. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rengasamy Selvaraj
DIN 06503787
Director19 Mar 201313 yrs 7 moHearing Solutions Private Limited
Neelu Ramanand Somani
DIN 07248402
Designated Partner29 Oct 20214 yrs 11 moAmogh Speech And Hearing Care Llp
Selvaraj Rajapandian
DIN 06503798
Designated Partner29 Oct 20214 yrs 11 moAmogh Speech And Hearing Care Llp, Hearing Solutions Private Limited, Iza Medi Technologies Private Limited, Hearing Solutions Technologies Private Limited
Sanjay Surinder Arora
DIN 00286382
Director29 Feb 20242 yrs 7 moHearing Solutions Private Limited
Renganayakiremina Rengarajmanickam
DIN 08414541
Director29 Feb 20242 yrs 7 moHearing Solutions Private Limited, Iza Medi Technologies Private Limited, Hearing Solutions Technologies Private Limited
Tarun Sharma
DIN 03095034
Director31 Jul 20242 yrs 2 moHearing Solutions Private Limited

People of Hearzap

1 people are tracked at Hearzap (1 in leadership); the tracked headcount is 62.

NameRoleGroup
Raja S
Founder & Managing DirectorLeadership
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Financials of Hearzap

Figures of Iza Medi Technologies Private Limited, the primary company behind Hearzap, for FY 2025. Revenue was ₹78.81 Cr (+10% year on year). Net loss was -₹16.33 Cr (-21% margin). EBITDA was -₹11.73 Cr (-15% margin). Revenue has grown at a compounded annual rate of +108% over three years.

  • ₹78.81 CrRevenue · FY 2025 · +10% YoY
  • -₹16.33 CrNet loss · -21% margin
  • -₹11.73 CrEBITDA · -15% margin
  • ₹12.3 LakhPaid-up capital
  • 62Employees (provident fund records)
  • +108%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Iza Medi Technologies Private Limited are on its company page.

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Detailed financial statements for Hearzap

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  • Statement rows
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Investments & Acquisitions by Hearzap

Hearzap has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Speech & Hearing Care.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Speech and hearing disorders are managed by ENT clinics chain.
speechandhearingcare.comPatna, India2013Sep 2024β€’β€’β€’β€’
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Complete acquisition details for Hearzap

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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Hearzap

5 dated milestones of Hearzap across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Hearzap is founded.
  2. Funding First funding round of $6.0M.
  3. Acquisition Acquires Speech & Hearing Care.
  4. Funding Latest funding round, Series A, of $1.2M.
  5. Milestone Reaches Minicorn status.

Web traffic of Hearzap

The website of Hearzap (hearzap.com) receives about 93.7K visits a month and ranks #526,602 among all websites worldwide, #1,307 in Accounting and Auditing.

  • Monthly visits
    93.7K

    ▲ 32.1% vs previous month

  • Unique visitors
    35.1K

    per month

  • Global rank
    #526,602

    among all websites

  • Category rank
    #1,307

    Finance · Accounting and Auditing

Similar websites

Websites whose visitors overlap most with Hearzap. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
earsolutions.in
100%
42K#749,827View details
hear.com
75%
#21,182View details
ashclinic.com
57%
#5,584,682View details

Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as Hearzap (Digital Health & Telemedicine) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 230.8 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 62.4 M52
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M
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Related news about Hearzap

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Frequently Asked Questions about Hearzap

Hearzap was founded in 2018 and raised its 1st funding round 5 years after it was founded.

Hearzap is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Hearzap is a funded company, having raised a total of $7.17M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.01M, raised on Nov 2023.

Hearzap has 62 employees.

The primary company behind Hearzap, Iza Medi Technologies Private Limited, reported revenue of β‚Ή78.81 Cr for FY 2025, up 10% year on year.

Hearzap was established in 2018 in Hyderabad, India, within the healthcare sector focused on auditory solutions. An online store is maintained, enabling users to locate nearby outlets and select from various hearing aid brands. Services encompass hearing assessments, device fittings, and continuous maintenance adjustments. Operations center on facilitating access to these resources for individuals requiring auditory support.

Hearzap has made 1 acquisition, including Speech & Hearing Care.

Hearzap has 1 investor. Key investors include 360 One.

The valuation of Hearzap is $33.15M as of May 2025.

Hearzap is associated with 4 legal entities: Iza Medi Technologies Private Limited, Amogh Speech And Hearing Care Llp, Hearing Solutions Private Limited and others.

The legal entities of Hearzap currently have 6 directors, including Neelu Ramanand Somani, Selvaraj Rajapandian, Sanjay Surinder Arora and others.

Yes. Hearzap publishes Hearzap - Hearing Test App and 1 more app, with over 100,000 downloads.

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