About Shira MedTech
Shira MedTech is a Healthcare company based in Ahmedabad (India) founded in 2016. Surgical assist devices for vessel repair surgeries are developed. Shira MedTech has raised $17.23 thousand across 1 funding round from investors including Badami Charulata Harkant. Its Indian entity Shira Medtech Private Limited reported revenue of ₹1.05 Cr. Shira MedTech offers products and services including Shira Micro Clamp, Shira Titanium Micro Instruments, and Shira Micro Coupling Devices. Its focus areas include Life Sciences, Surgical Instruments and Navigation Systems.
Company details
Shira MedTech was founded in 2016 in Ahmedabad, India, within the medtech sector. Surgical assist devices, including the EZ-clamp, are developed to support blood-vessel repair procedures. The device is designed to hold vessel ends open, improving visual access to suture sites and minimizing tissue manipulation during anastomosis. Recognition has been received through awards from the Birac Biotechnology Ignition incubator and the Gandhian Young Technological Innovation Award.
- Headquarters Ahmedabad, India
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website shiramedtech.com
- Social LinkedIn X Facebook
- Legal Name Shira Medtech Private Limited
- Date of Incorporation 19 Jul, 2016
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.05 Cr
FY 2025 · +58% YoY
- Net Loss-₹31.3 Lakh
FY 2025 · -30% margin
- EBITDA-₹40.5 Lakh
FY 2025 · -39% margin
- Total Equity Funding$17.23K (USD)
in 1 rounds
- Latest Funding Round$17.23K (USD), Angel Round
Jun 2019
Associated legal entities of Shira MedTech
Shira MedTech operates through Shira Medtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shira Medtech Private Limited CIN U33125GJ2016PTC093007 | Active | 19 Jul 2016 | Ahmedabad, Gujarat | ₹1.1 Cr | 3 | View details |
Products & Services of Shira MedTech
Shira MedTech offers a comprehensive portfolio of products and services, including Shira Micro Clamp, Shira Titanium Micro Instruments, and Shira Micro Coupling Devices.
Device for faster anastomosis in microsurgery procedures.
Titanium tools designed for precision in microsurgical applications.
Instruments for enhancing microsurgical connectivity and performance.
Funding Insights of Shira MedTech
Shira MedTech has successfully raised a total of $17.23K through 1 strategic funding round. The most recent funding activity was a Angel Round of $17.23 thousand completed in June 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 $17,229
- Total Rounds 1
- Last Round Angel Round — $17,229
- First Round $17,229
(Jun 2019)
- Investors Count 1
All 1 funding rounds of Shira MedTech 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 2019 | $17,229 | Angel Round | – | Badami Charulata Harkant | – |
1 investors in total: 0 institutional and 1 angel.
Investors in Shira MedTech
Shira MedTech has secured backing from 1 investor, including angel investors. Prominent investors backing the company include Badami Charulata Harkant.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
BC Badami Charulata Harkant | unknown_e33f9ae7d43c4bb9a |
Investor details for Shira MedTech
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 Shira Medtech Private Limited (Shira MedTech)
Shira Medtech Private Limited is the primary company behind Shira MedTech. The board of Shira Medtech Private Limited currently have 3 directors; the longest-serving is Sahaj Anand Sunil Parikh, appointed in 2016. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sahaj Anand Sunil Parikh DIN 03395087 | Director | 19 Jul 2016 | 10 yrs 3 mo | Shira Medtech Private Limited |
| Anand Sunil Parikh DIN 07411851 | Director | 19 Jul 2016 | 10 yrs 3 mo | Shira Medtech Private Limited |
| Shivna Sanjay Majmudar DIN 07160746 | Director | 01 Apr 2024 | 2 yrs 7 mo | Shira Medtech Private Limited |
Financials of Shira MedTech
Figures of Shira Medtech Private Limited, the primary company behind Shira MedTech, for FY 2025. Revenue was ₹1.05 Cr (+58% year on year). Net loss was -₹31.3 Lakh (-30% margin). EBITDA was -₹40.5 Lakh (-39% margin). Revenue has grown at a compounded annual rate of +29% over three years and +34% over five years.
- ₹1.05 CrRevenue · FY 2025 · +58% YoY
- -₹31.3 LakhNet loss · -30% margin
- -₹40.5 LakhEBITDA · -39% margin
- ₹13.1 LakhPaid-up capital
- +29%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Shira Medtech Private Limited are on its company page.
Detailed financial statements for Shira MedTech
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 Shira MedTech
2 dated milestones of Shira MedTech across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Shira MedTech is founded.
- Funding First funding round of $17K.
Web traffic of Shira MedTech
The website of Shira MedTech (shiramedtech.com) receives about 1.1K visits a month.
- Monthly visits1.1K
▲ 33.3% vs previous month
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Frequently Asked Questions about Shira MedTech
Shira MedTech was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Shira MedTech is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Shira MedTech is a funded company, having raised a total of $17.23K across 1 funding round to date. The company's 1st funding round was a Angel Round of $17.23K, raised on Jun 2019.
The primary company behind Shira MedTech, Shira Medtech Private Limited, reported revenue of ₹1.05 Cr for FY 2025, up 58% year on year.
Shira MedTech was founded in 2016 in Ahmedabad, India, within the medtech sector. Surgical assist devices, including the EZ-clamp, are developed to support blood-vessel repair procedures. The device is designed to hold vessel ends open, improving visual access to suture sites and minimizing tissue manipulation during anastomosis. Recognition has been received through awards from the Birac Biotechnology Ignition incubator and the Gandhian Young Technological Innovation Award.
Shira MedTech offers Shira Micro Clamp, Shira Titanium Micro Instruments, and Shira Micro Coupling Devices.
Shira MedTech has 1 investor. Key investors include Badami Charulata Harkant.
Shira MedTech operates through Shira Medtech Private Limited.
The legal entities of Shira MedTech currently have 3 directors, including Sahaj Anand Sunil Parikh, Anand Sunil Parikh, Shivna Sanjay Majmudar.