About Oivi
Oivi is a Healthcare company based in Oslo (Norway) founded in 2017 by Khaleel Udyawar and Anders Eikenes. Online platform for tracking eye diseases through teleconsultation. Oivi has raised $500 thousand across 4 funding rounds from investors including European Union, Arali Ventures and EIC Fund. The company has 21 employees. Its chief executive, as recorded, is Anders Eikenes. Its Indian entity Oivi Tech Private Limited reported revenue of ₹10.86 Cr. Oivi offers products and services including Retinal Camera and Cloud Service. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations.
Company details
Oivi was founded in 2017 in Oslo, Norway, within the health technology sector. An online platform is operated for teleconsultation-based tracking of eye diseases, focusing on diabetic retinopathy. Retinal screening is facilitated at primary care settings using an AI-equipped camera, where diabetic eye conditions are identified, monitored, and managed. Services are delivered through the domain oivi.co to support ongoing eye health maintenance in at-risk populations.
- Indian entity revenue₹10.86 Cr
FY 2024 · +66% YoY
- Indian entity net profit₹1.41 Cr
FY 2024 · 13% margin
- Indian entity EBITDA₹2.23 Cr
FY 2024 · 21% margin
- Total Equity Funding$500K (USD)
in 4 rounds
- Latest Funding Round$2.61M (USD), Grant
Jun 2022
- InvestorsEuropean Union
& 2 more
- Employee Count21
Associated legal entities of Oivi
Oivi operates through Oivi Tech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Oivi Tech Private Limited CIN U74999KA2019PTC121622 | Active | 20 Feb 2019 | Bangalore, Karnataka | ₹10.9 Cr | 21 | 2 | View details |
Products & Services of Oivi
Oivi offers a comprehensive portfolio of products and services, including Retinal Camera and Cloud Service.
Device for precise, non-invasive eye screening in clinics.
Cloud system for remote analysis and quick diagnostic reports.
Funding Insights of Oivi
Oivi has successfully raised a total of $500K across 4 strategic funding rounds. The most recent funding activity was a Grant round of $2.61 million completed in June 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.
- Total Funding $500,000
- Total Rounds 4
- Last Round Grant — $2.61M
- First Round $500,000
(Sep 2019)
- Investors Count 3
All 4 funding rounds of Oivi 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 |
|---|---|---|---|---|---|
| Jun 2022 | $2.61M | Grant | – | – | |
| Jun 2020 | $56,236 | Grant | – | – | |
| Jan 2020 | $56,172 | Grant | – | – | |
| Sep 2019 | $500,000 | Seed | – | Arali Ventures | – |
3 investors in total: 3 institutional.
Investors in Oivi
Oivi has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Arali Ventures and EIC Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Investment in B2B tech startups at pre-seed and seed stages across various sectors. | 2018 | araliventures.in | Bengaluru, India | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Oivi
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 Oivi Tech Private Limited (Oivi)
Oivi Tech Private Limited is the primary company behind Oivi. The board of Oivi Tech Private Limited currently have 2 directors; the longest-serving is Ahamed Khaleel Udyawar Abdul, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ahamed Khaleel Udyawar Abdul DIN 08367833 | Director | 20 Feb 2019 | 7 yrs 8 mo | Oivi Tech Private Limited |
| Anders Eikenes DIN 08443438 | Additional Director | 30 Apr 2019 | 7 yrs 6 mo | Oivi Tech Private Limited |
People of Oivi
12 people are tracked at Oivi (6 in leadership, 6 in team); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership | |
Hans Einar Øverjordet | Chief Innovation Officer and co-founder | Leadership |
Divya Rajagopalan | Head Of Electronics | Leadership |
Abdu Samad P S | Project Manager, Head Of Quality And Regulatory | Leadership |
Simen Kufaas | Head Of Growth | Leadership |
Karthikeyan S | Senior Electronics Engineer | Team |
Namachivayam Jothi | Senior Quality Analyst | Team |
Amruthanand P | Senior Embedded Software Engineer | Team |
Dinesh Kumar | Production Engineer | Team |
Rama C. | Senior Software Engineer | Team |
May Roen | US Finance & HR Operation, Advisor | Team |
Complete people profiles for Oivi
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 Oivi
Figures of Oivi Tech Private Limited, the primary company behind Oivi, for FY 2024. Revenue was ₹10.86 Cr (+66% year on year). Net profit was ₹1.41 Cr (13% margin). EBITDA was ₹2.23 Cr (21% margin). Revenue has grown at a compounded annual rate of +106% over three years.
- ₹10.86 CrRevenue · FY 2024 · +66% YoY
- ₹1.41 CrNet profit · 13% margin
- ₹2.23 CrEBITDA · 21% margin
- ₹1 LakhPaid-up capital
- 21Employees (provident fund records)
- +106%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Oivi Tech Private Limited are on its company page.
Detailed financial statements for Oivi
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 Oivi
3 dated milestones of Oivi across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Oivi is founded.
- Funding First funding round of $500K.
- Funding Latest funding round, Grant, of $2.6M.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Oivi
Complete news archive for Oivi
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Oivi
Oivi was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Oivi is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
Anders Eikenes is the CEO of Oivi, as recorded in our data. They have also founded this company.
Oivi is a funded company, having raised a total of $500K across 4 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Sep 2019.
Oivi has 21 employees.
The primary company behind Oivi, Oivi Tech Private Limited, reported revenue of ₹10.86 Cr for FY 2024, up 66% year on year.
Oivi was founded in 2017 in Oslo, Norway, within the health technology sector. An online platform is operated for teleconsultation-based tracking of eye diseases, focusing on diabetic retinopathy. Retinal screening is facilitated at primary care settings using an AI-equipped camera, where diabetic eye conditions are identified, monitored, and managed. Services are delivered through the domain oivi.co to support ongoing eye health maintenance in at-risk populations.
Oivi offers Retinal Camera and Cloud Service.
Oivi has 3 investors. Key investors include European Union, Arali Ventures, and EIC Fund.
Oivi operates through Oivi Tech Private Limited.
The legal entities of Oivi currently have 2 directors, including Anders Eikenes, Ahamed Khaleel Udyawar Abdul.