About MediVed
MediVed was a Healthcare company based in Bengaluru (India) founded in 2006 by Dinesh Puri. It specializes in the design, development, and manufacturing of implantable medical devices. It operates on a B2B model. MediVed has raised $5 million across 1 funding round from investors including Trivitron. Its chief executive, as recorded, is Dinesh Puri. The company is recorded as dissolved. Its focus areas include Medical Devices, Implantable Devices and Manufacturing. Its legal entity in India is Medived Innovations Private Limited (U33119KA2007PTC041916).
Company details
MediVed specializes in the design, development, and manufacturing of implantable medical devices, focusing on providing healthcare solutions, developing medical devices, implantable devices, and producing manufactured goods. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
- Headquarters Bengaluru, India
- Founders Dinesh Puri
- SectorsHealthcare
- Website medived.com
- Legal Name Medived Innovations Private Limited
- Date of Incorporation 27 Feb, 2007
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹37,971
FY 2018 · -99% YoY
- Net Loss-₹73.9 Lakh
FY 2018 · -19470% margin
- EBITDA-₹36.2 Lakh
FY 2018 · -9538% margin
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series B
Nov 2010
- Investors
Associated legal entities of MediVed
MediVed operates through Medived Innovations Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2018) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medived Innovations Private Limited CIN U33119KA2007PTC041916 | Active | 27 Feb 2007 | Bangalore, Karnataka | ₹0.0 Cr | 2 | View details |
Funding Insights of MediVed
MediVed has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series B round of $5 million completed in November 2010. 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 $5M
- Total Rounds 1
- Last Round Series B — $5M
- First Round $5M
(Nov 2010)
- Investors Count 1
All 1 funding rounds of MediVed 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 |
|---|---|---|---|---|---|
| Nov 2010 | $5M | Series B | – | – |
1 investors in total: 1 institutional.
Investors in MediVed
MediVed has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Trivitron.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Medical devices for multiple therapeutic areas are manufactured through R&D. | 1997 | trivitron.com | Chennai, India |
Investor details for MediVed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Medived Innovations Private Limited (MediVed)
Medived Innovations Private Limited is the primary company behind MediVed. The board of Medived Innovations Private Limited currently have 2 directors; the longest-serving is Dinesh Puri, appointed in 2007. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh Puri DIN 00269615 | Director | 27 Feb 2007 | 19 yrs 7 mo | Medived Innovations Private Limited |
| Uday Puri DIN 06594926 | Director | 13 May 2013 | 13 yrs 5 mo | Medived Innovations Private Limited |
People of MediVed
1 people are tracked at MediVed (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder, CEO | Leadership |
Complete people profiles for MediVed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of MediVed
Figures of Medived Innovations Private Limited, the primary company behind MediVed, for FY 2018. Revenue was ₹37,971 (-99% year on year). Net loss was -₹73.9 Lakh (-19470% margin). EBITDA was -₹36.2 Lakh (-9538% margin). Revenue has grown at a compounded annual rate of -75% over three years.
- ₹37,971Revenue · FY 2018 · -99% YoY
- -₹73.9 LakhNet loss · -19470% margin
- -₹36.2 LakhEBITDA · -9538% margin
- ₹2.32 CrPaid-up capital
- -75%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Medived Innovations Private Limited are on its company page.
Detailed financial statements for MediVed
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of MediVed
2 dated milestones of MediVed across 4 years, from founding to its latest funding, stage changes and deals.
- Founded MediVed is founded.
- Funding First funding round of $5.0M.
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Frequently Asked Questions about MediVed
MediVed was founded in 2006 and raised its 1st funding round 4 years after it was founded.
MediVed is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Dinesh Puri is the CEO of MediVed, as recorded in our data. They have also founded this company.
MediVed is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series B of $5M, raised on Nov 2010.
The primary company behind MediVed, Medived Innovations Private Limited, reported revenue of ₹37,971 for FY 2018, down 99% year on year.
MediVed specializes in the design, development, and manufacturing of implantable medical devices, focusing on providing healthcare solutions, developing medical devices, implantable devices, and producing manufactured goods. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.
MediVed has 1 investor. Key investors include Trivitron.
MediVed operates through Medived Innovations Private Limited.
The legal entities of MediVed currently have 2 directors, including Uday Puri, Dinesh Puri.