About HITECH
HITECH is a company based in Chennai (India) founded in 1986 was acquired by Metropolis India in October 2021.. The company has 698 employees as of July 31, 2022. HITECH operates in a competitive market with competitors including Thyrocare, Vijaya Diagnostic Centre, Suraksha Diagnostics, Igenetic and Krsnaa Diagnostics, among others.
- Headquarter Chennai, India
- Employees 698 as on 31 Jul, 2022
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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
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
698
as on Jul 31, 2022
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Acquired by
Metropolis India
(Oct 25, 2021)
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Funding Insights of HITECH
| 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 |
Investors in HITECH
HITECH has secured backing from 1 investor. Prominent investors backing the company include Metropolis India. 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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Diagnostic centers are operated as a nationwide chain.
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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 HITECH
| 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 - HITECH
| 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 |
Hitech Comparisons
Competitors of HITECH
HITECH 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 Thyrocare, Vijaya Diagnostic Centre, Suraksha Diagnostics, Igenetic and Krsnaa Diagnostics, 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 |
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| domain | founded_year | HQ Location |
Diagnostic testing centers for pathology and health screenings are operated.
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| domain | founded_year | HQ Location |
Diagnostic services are offered via a chain of centers.
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| domain | founded_year | HQ Location |
Pathology, molecular diagnostics, and imaging services are provided.
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| domain | founded_year | HQ Location |
Provider molecular diagnostic solutions and services
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| domain | founded_year | HQ Location |
Chain of radiology & pathology laboratory centers
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| domain | founded_year | HQ Location |
Chain of diagnostic centers
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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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Latest news on Hitech
Frequently Asked Questions about HITECH
When was HITECH founded?
HITECH was founded in 1986.
Where is HITECH located?
HITECH is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
How many employees does HITECH have?
As of Jul 31, 2022, the latest employee count at HITECH is 698.
What does HITECH do?
HITECH was established in 1986 in Chennai, India, within the healthcare sector. A network of clinical laboratory centers is maintained to deliver diagnostic services. Testing for medical conditions is conducted across multiple facilities, supporting diversified laboratory operations. The focus remains on routine and specialized diagnostics, with primary activities centered in India. Expansion has been pursued through additional centers to enhance service reach.
Who are the top competitors of HITECH?
HITECH's top competitors include Thyrocare, Krsnaa Diagnostics and Suraksha Diagnostics.
Who are HITECH's investors?
HITECH has 1 investor. Key investors include Metropolis India.