About Innvolution
Innvolution is a Healthcare company based in Bengaluru (India) founded in 2010 by Ashvini Suthar, Atul Sharma, and Sachin Garg. Provider of cardiovascular and respiratory disease management through technologies and solutions. Its Indian entity Innvolution Healthcare Private Limited reported revenue of ₹87.80 Cr. Its focus areas include Services for Healthcare Providers, Medical Equipment Support Services and Maintenance and Repair.
Company details
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.
- Headquarters Bengaluru, India
- Founders Ashvini Suthar, Atul Sharma, Sachin Garg
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website innvolution.com
- Social LinkedIn X
- Legal Name Innvolution Healthcare Private Limited
- Date of Incorporation 20 Dec, 2011
- Jurisdiction Kaushambi, Uttar Pradesh, India
- Annual Revenue₹87.80 Cr
FY 2022 · +26% YoY
- EBITDA₹2.36 Cr
FY 2022 · 3% margin
- Investors
Associated legal entities of Innvolution
Innvolution operates through Innvolution Healthcare Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Innvolution Healthcare Private Limited CIN U74999UP2011PTC109144 | Active | 20 Dec 2011 | Kaushambi, Uttar Pradesh | ₹87.8 Cr | 57 | 3 | View details |
Funding Insights of Innvolution
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Innvolution with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | Series A | – | – |
1 investors in total: 1 institutional.
Investors in Innvolution
Innvolution has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Orbimed.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made by OrbiMed in global healthcare innovations across biopharmaceuticals and related fields. | 1989 | orbimed.com | New York, United States |
Investor details for Innvolution
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Board of directors of Innvolution Healthcare Private Limited (Innvolution)
Innvolution Healthcare Private Limited is the primary company behind Innvolution. The board of Innvolution Healthcare Private Limited currently have 3 directors; the longest-serving is Gaurav Agarwal, appointed in 2011. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Gaurav Agarwal DIN 02804014 | Director | 20 Dec 2011 | 14 yrs 10 mo | Innvolution Healthcare Private Limited |
| Ashvini Suthar DIN 05132549 | Director | 20 Dec 2011 | 14 yrs 10 mo | Innvolution Healthcare Private Limited |
| Sunny Sharma DIN 02267273 | Nominee Director | Innvolution Healthcare Private Limited |
People of Innvolution
6 people are tracked at Innvolution (4 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Managing Director | Leadership | |
Sandeep Singh | Service Engineer | Team |
Avinash Kumar | Senior Executive Purchase | Team |
Complete people profiles for Innvolution
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Innvolution
Figures of Innvolution Healthcare Private Limited, the primary company behind Innvolution, for FY 2022. Revenue was ₹87.80 Cr (+26% year on year). EBITDA was ₹2.36 Cr (3% margin). Revenue has grown at a compounded annual rate of +15% over three years and +17% over five years.
- ₹87.80 CrRevenue · FY 2022 · +26% YoY
- ₹2.36 CrEBITDA · 3% margin
- ₹7.6 LakhPaid-up capital
- 57Employees (provident fund records)
- +15%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Innvolution Healthcare Private Limited are on its company page.
Detailed financial statements for Innvolution
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Innvolution
2 dated milestones of Innvolution across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Innvolution is founded.
- Funding First funding round.
Web traffic of Innvolution
The website of Innvolution (innvolution.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 46.4% vs previous month
Top companies in Healthcare Provider Support Services
2 companies that operate in the same segment as Innvolution (Healthcare Provider Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emergency medical transportation and ambulance services are provided. | 2016 | Hyderabad, Telangana, India | USD 34.31 M | USD 8.57 M | 1,371 | |
Health insurance platform for individuals | 2019 | Mumbai, Maharashtra, India | USD 13.7 M | USD 10.48 M | 109 |
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Related news about Innvolution
Complete news archive for Innvolution
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Frequently Asked Questions about Innvolution
Innvolution was founded in 2010 and raised its 1st funding round 13 years after it was founded.
Innvolution is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Innvolution, Innvolution Healthcare Private Limited, reported revenue of ₹87.80 Cr for FY 2022, up 26% year on year.
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.
Innvolution has 1 investor. Key investors include Orbimed.
Innvolution operates through Innvolution Healthcare Private Limited.
The legal entities of Innvolution currently have 3 directors, including Sunny Sharma, Gaurav Agarwal, Ashvini Suthar.