About Innvolution
Innvolution is a company based in Bengaluru (India) founded in 2010 by Ashvini Suthar, Atul Sharma, and Sachin Garg.. Innvolution operates in a competitive market with competitors including Avante Health Solutions, DirectMed Parts, RENOVO SOLUTIONS, Life Systems and Shared Imaging, among others.
- Headquarter Bengaluru, India
- Founders Ashvini Suthar, Atul Sharma, Sachin Garg
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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
$15.03 M (USD)37as on Mar 31, 2023
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Net Profit
$507.79 K (USD)18as on Mar 31, 2023
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EBITDA
$1.14 M (USD)26as on Mar 31, 2023
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Innvolution
- 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 |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Series A - Innvolution | 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 Innvolution
Innvolution has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Orbimed. 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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Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields.
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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 Innvolution
| 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 - Innvolution
| 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 |
Innvolution Comparisons
Competitors of Innvolution
Innvolution 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 Avante Health Solutions, DirectMed Parts, RENOVO SOLUTIONS, Life Systems and Shared Imaging, 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 |
Diversified medical devices are manufactured by the company.
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| domain | founded_year | HQ Location |
Maintenance and support services for medical devices are provided.
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| domain | founded_year | HQ Location |
Medical device maintenance and support services provider
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| domain | founded_year | HQ Location |
Life Systems is recognized as a leader in perfusion services for cardiac surgery in Germany.
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| domain | founded_year | HQ Location |
Healthcare consulting and imaging equipment maintenance services are provided.
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| domain | founded_year | HQ Location |
Provider of medical device maintenance and management services for healthcare providers
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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 Innvolution
Frequently Asked Questions about Innvolution
When was Innvolution founded?
Innvolution was founded in 2010 and raised its 1st funding round 13 years after it was founded.
Where is Innvolution located?
Innvolution is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
What is the annual revenue of Innvolution?
Annual revenue of Innvolution is $15.03M as on Mar 31, 2023.
What does Innvolution do?
Innvolution was established in 2010 and is headquartered in Bengaluru, India. Operations are centered on the healthcare sector, with emphasis placed on cardiovascular and respiratory disease management. Technologies are integrated to support standard care protocols in these fields. Services include innovative solutions aimed at disease monitoring and treatment enhancement, serving medical professionals and patients across relevant geographies. Key leadership consists of co-founders and a managing director with defined roles.
Who are the top competitors of Innvolution?
Innvolution's top competitors include DirectMed Parts, Life Systems and Olympus Medical.
Who are Innvolution's investors?
Innvolution has 1 investor. Key investors include Orbimed.