Nautilus Hearing Solutions

Hubli, India Founded: 2018 • Age: 8 yrs Minicorn
Developer of hearing aid and telehealth platform

About Nautilus Hearing Solutions

Nautilus Hearing Solutions is a Healthcare company based in Hubli (India) founded in 2018 by Remya Uday and T Udaya Raga Kiran. Developer of hearing aid and telehealth platform. Nautilus Hearing Solutions has raised $141.67 thousand across 2 funding rounds from investors including Deshpande Startups and Startup Karnataka. Nautilus Hearing Solutions was last valued at $1.09 million in November 2019. Its Indian entity Nautilus Hearing Solutions Private Limited reported revenue of β‚Ή15.6 Lakh. Its focus areas include Life Sciences, ENT Disorders, Medical Devices and Screening Devices.

Company details

Nautilus Hearing Solutions was established in 2018 in Hubli, India, within the healthcare sector. A device addressing hearing disabilities is provided, enabling healthcare providers to conduct remote patient monitoring via audiometric testing. Diagnosis is facilitated by an integrated audiometer, while patient data is recorded on the platform for subsequent analytics and insights. Operations focus on telehealth integration for improved accessibility.

  • Headquarters Hubli, India
  • Founders Remya Uday, T Udaya Raga Kiran
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website nautilushearing.com
  • Social LinkedIn X Facebook
  • Legal Name Nautilus Hearing Solutions Private Limited
  • Date of Incorporation 27 Feb, 2018
  • Jurisdiction Hubli, Karnataka, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹15.6 Lakh

    FY 2022 · +77% YoY

  • Net Loss
    -₹39.5 Lakh

    FY 2022 · -253% margin

  • EBITDA
    -₹39.3 Lakh

    FY 2022 · -251% margin

  • Total Equity Funding
    $141.67K (USD)

    in 2 rounds

  • Latest Funding Round
    $141.67K (USD), Seed

    Nov 2019

  • Investors

Funding Insights of Nautilus Hearing Solutions

Nautilus Hearing Solutions has successfully raised a total of $141.67K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $141.67 thousand completed in November 2019. 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 $141,668
  • Total Rounds 2
  • Last Round Seed β€” $141,668
  • Investors Count 2

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

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2019$141,668Seed$1.09MDeshpande Startups
–
Sep 2018Grant––
Valuation history
DateValuationStage
Nov 2019$1.09Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.09M (Nov 2019). 2 investors in total: 2 institutional.

Investors in Nautilus Hearing Solutions

Nautilus Hearing Solutions has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Deshpande Startups and Startup Karnataka.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Supporting startups through incubation, funding, and innovation services in India.
2016deshpandestartups.orgHubli, India
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
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Investor details for Nautilus Hearing Solutions

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

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Board of directors of Nautilus Hearing Solutions Private Limited (Nautilus Hearing Solutions)

Nautilus Hearing Solutions Private Limited is the primary company behind Nautilus Hearing Solutions. The board of Nautilus Hearing Solutions Private Limited currently have 2 directors; the longest-serving is Remya Uday, appointed in 2018.

DirectorDesignationAppointedTenureEntity
Remya Uday
DIN 08076082
Director27 Feb 20188 yrs 8 moNautilus Hearing Solutions Private Limited
Udaya Raga Kiran Thammineni
DIN 06922340
Director27 Feb 20188 yrs 8 moNautilus Hearing Solutions Private Limited

People of Nautilus Hearing Solutions

2 people are tracked at Nautilus Hearing Solutions (2 in leadership).

NameRoleGroup
Co-FounderLeadership
T Udaya Raga Kiran
Co-FounderLeadership
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Complete people profiles for Nautilus Hearing Solutions

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  • Team structure
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Financials of Nautilus Hearing Solutions

Figures of Nautilus Hearing Solutions Private Limited, the primary company behind Nautilus Hearing Solutions, for FY 2022. Revenue was ₹15.6 Lakh (+77% year on year). Net loss was -₹39.5 Lakh (-253% margin). EBITDA was -₹39.3 Lakh (-251% margin). Revenue has grown at a compounded annual rate of -2% over three years.

  • ₹15.6 LakhRevenue · FY 2022 · +77% YoY
  • -₹39.5 LakhNet loss · -253% margin
  • -₹39.3 LakhEBITDA · -251% margin
  • ₹1.2 LakhPaid-up capital
  • -2%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Nautilus Hearing Solutions Private Limited are on its company page.

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Detailed financial statements for Nautilus Hearing Solutions

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  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

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Timeline of Nautilus Hearing Solutions

4 dated milestones of Nautilus Hearing Solutions across 1 years, from founding to its latest funding, stage changes and deals.

  1. Founded Nautilus Hearing Solutions is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Seed, of $142K.
  4. Milestone Reaches Minicorn status.
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Frequently Asked Questions about Nautilus Hearing Solutions

Nautilus Hearing Solutions was founded in 2018.

Nautilus Hearing Solutions is headquartered in Hubli, India. It is registered at Hubli, Karnataka, India.

Nautilus Hearing Solutions is a funded company, having raised a total of $141.67K across 2 funding rounds to date.

The primary company behind Nautilus Hearing Solutions, Nautilus Hearing Solutions Private Limited, reported revenue of β‚Ή15.6 Lakh for FY 2022, up 77% year on year.

Nautilus Hearing Solutions was established in 2018 in Hubli, India, within the healthcare sector. A device addressing hearing disabilities is provided, enabling healthcare providers to conduct remote patient monitoring via audiometric testing. Diagnosis is facilitated by an integrated audiometer, while patient data is recorded on the platform for subsequent analytics and insights. Operations focus on telehealth integration for improved accessibility.

Nautilus Hearing Solutions has 2 investors. Key investors include Deshpande Startups, and Startup Karnataka.

The valuation of Nautilus Hearing Solutions is $1.09M as of Nov 2019.

Nautilus Hearing Solutions operates through Nautilus Hearing Solutions Private Limited.

The legal entities of Nautilus Hearing Solutions currently have 2 directors, including Remya Uday, Udaya Raga Kiran Thammineni.

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