Nayam Innovations

Pune, India Founded: 2012 • Age: 14 yrs
Artificial intraocular lenses for cataract treatment are developed.
Annual revenue $73,689 Latest available
Total funding $3.3M 8 rounds
Employees - Tracked headcount
Investors 62 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Nayam Innovations

Nayam Innovations is a company based in Pune (India) founded in 2012 by Julia Ann Kornfield, Surendra Ponrathnam, and Tanuj Gigras. Nayam Innovations has raised $3.26 million across 8 funding rounds from investors including Villgro, Bharat Fund and Indian Angel Network. Nayam Innovations offers products and services including E-SITE™ and I-SITE™.

  • Headquarter Pune, India
  • Founders Julia Ann Kornfield, Surendra Ponrathnam, Tanuj Gigras
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Nayam Innovations Private Limited
  • Date of Incorporation 17 Dec, 2012
  • Jurisdiction Haveli, Maharashtra, India
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $73.69 K (USD)
    -37.67
    as on Mar 31, 2023
  • Net Profit
    -$253.65 K (USD)
    -392.77
    as on Mar 31, 2023
  • EBITDA
    -$286.48 K (USD)
    -530.85
    as on Mar 31, 2023
  • Total Equity Funding
    $3.26 M (USD)

    in 8 rounds

  • Latest Funding Round
    $547.67 K (USD), Seed

    Dec 23, 2022

  • Investors
    Villgro

    & 61 more

  • Employee Count
    Not available
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Products & Services of Nayam Innovations

Nayam Innovations offers a comprehensive portfolio of products and services, including E-SITE™ and I-SITE™.

Product name locked
Category locked
Primary

Customized intraocular lenses are provided for correcting vision aberrations in cataract patients

Product name locked
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Additional customized intraocular lenses are offered to address specific optical needs and combinations of aberrations

Funding Insights of Nayam Innovations

Nayam Innovations has successfully raised a total of $3.26M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $547.67 thousand completed in December 2022. 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.

Investors in Nayam Innovations

Nayam Innovations has secured backing from 62 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Villgro, Bharat Fund and Indian Angel Network.

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Venture Fund
Institutional
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Investor Description Founded Year Domain Location
Angel investor network investing in early-stage startups
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Multiple-stage venture capital investments are managed by Haystack.
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Funding for IP-driven deep-tech and digitization-led inclusive solutions.
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Investments & Acquisitions by Nayam Innovations

Investments
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Investment portfolio details for Nayam Innovations

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Financial Statements - Nayam Innovations

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Nayam Innovations Comparisons

Nayam Innovations Primary company
Description
Artificial intraocular lenses for cataract treatment are dev...
Location
Pune, India
Founded Year
2012
Annual Revenue
$73.69 K (USD)
Net Profit
-$253.65 K (USD)
EBITDA
-$286.48 K (USD)
Employees
Not available
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Competitors of Nayam Innovations

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Latest news on Nayam Innovations

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Frequently Asked Questions about Nayam Innovations

Nayam Innovations was founded in 2012 and raised its 1st funding round 3 years after it was founded.

Nayam Innovations is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Tanuj Gigras is the current CEO of Nayam Innovations. They have also founded this company.

Nayam Innovations is a funded company, having raised a total of $3.26M across 8 funding rounds to date.

Annual revenue of Nayam Innovations is $73.69K as on Mar 31, 2023.

Developer of an artificial implantable intraocular lens to treat cataracts. It offers a customization technology platform that would allow patients and surgeons to personalize intraocular lenses to enable spectacle-free LASIK-quality vision at all distances eliminating the need for any post-surgical intervention. The companys products includes E-SITE and I-SITE customized IOLs to correct any combination of lower and higher order aberrations.

Nayam Innovations offers E-SITE™ and I-SITE™.

Nayam Innovations has 62 investors. Key investors include Villgro, Bharat Fund, Indian Angel Network, Haystack, and Pragnya.

The valuation of Nayam Innovations is $15.67M as of Dec 2022.

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