About Sivantos
Sivantos is a company based in Singapore (Singapore) founded in 1878 was acquired by EQT in January 2015. Sivantos has completed 2 acquisitions, including Audibene and TruHearing. Sivantos offers products and services including Hearing Aids and Audiology Services. Sivantos operates in a competitive market with competitors including ReSound, Amplifon, WS Audiology, Audicus and Phonak, among others.
- Headquarter Singapore, Singapore
- SectorsHealthcareTechnology
- Website sivantos.com
- Social LinkedIn Facebook
- Acquired by EQT (Jan 2015)
- Legal Name Ws Audiology A/S
- Date of Incorporation 13 Feb, 1998
Associated legal entities of Sivantos
Sivantos operates through Sivantos India 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 |
|---|---|---|---|---|---|---|---|
| Sivantos India Private Limited CIN U85190KA1998PTC023380 | Active | 13 Feb 1998 | Bangalore, Karnataka | ₹387 Cr | 190 | 5 | View details |
Products & Services of Sivantos
Sivantos offers a comprehensive portfolio of products and services, including Hearing Aids and Audiology Services.
Devices that assist with hearing loss and improve sound clarity.
Professional services for hearing assessments and support.
Investors in Sivantos
Sivantos has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include EQT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
EQT is recognized as a global investment organization focused on value creation. | 1994 | eqtgroup.com | Stockholm, Sweden |
Investor details for Sivantos
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Board of directors of Sivantos India Private Limited (Sivantos)
Sivantos India Private Limited is the primary company behind Sivantos. The board of Sivantos India Private Limited currently have 5 directors; the longest-serving is Avinash Ashokrao Pawar, appointed in 2017. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avinash Ashokrao Pawar DIN 07841329 | Managing Director | 30 Jun 2017 | 9 yrs 3 mo | Sivantos India Private Limited |
| Melarcode Viswanathan Gowrishankar DIN 08586812 | Director | 28 Nov 2019 | 6 yrs 10 mo | Sivantos India Private Limited |
| Mohan Narasimha Swamy DIN 08662013 | Director | 14 Jan 2020 | 6 yrs 8 mo | Sivantos India Private Limited |
| Ajay Gupta DIN 08725682 | Director | 18 Mar 2020 | 6 yrs 6 mo | Sivantos India Private Limited |
| Saket Jain DIN 10944386 | Additional Director | 11 Feb 2025 | 1 yr 7 mo | Sivantos India Private Limited |
People of Sivantos
33 people are tracked at Sivantos (16 in leadership, 17 in team).
| Name | Role | Group |
|---|---|---|
Ariq Tan Mong Siang | Vice President, Quality Operations, SCM | Leadership |
Christine Ryan | Regional Sales Director | Leadership |
Jan Knittel | Head Of Quality Germany | Leadership |
Priya Mohan | Global Head Of Accounting & Controlling | Leadership |
Ling Ling Tay | Global Head Service Management & Support (it) | Leadership |
David McAvoy | Director It, North America | Leadership |
Peter McKinnon | Head Of Product Marketing Asia Pacific | Leadership |
Esther Friedrich | Executive Assistant to CFO | Leadership |
Belle Shen | General Manager | Leadership |
Thomas Bögelein | Senior Director CFO Germany | Leadership |
Ming Ming Cheah | Vice President - Hardware Development (R&D) | Leadership |
David Dong il Shin | Chief Executive Officer | Leadership |
Wolfgang Ollig | Chief Finance Officer | Leadership |
Koon-Soon Ho | Director , Global Process Governance | Leadership |
Katie Waldorf | Director Of Payroll | Leadership |
Molly Sim | Human Resources Director, APAC | Leadership |
Stefan Menzl | SVP R&D, Thomas Hies, SVP Quality | Team |
Stuart Neilson | SVP Sales | Team |
Nina Schineller | Marketing Und Event Manager | Team |
Carlo Carli | Sales Area Manager | Team |
13 more people are available in the full profile.
Complete people profiles for Sivantos
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Financials of Sivantos
Figures of Sivantos India Private Limited, the primary company behind Sivantos, for FY 2024. Revenue was ₹387 Cr (+42% year on year). Net profit was ₹9.92 Cr (3% margin). EBITDA was ₹15.26 Cr (4% margin). Revenue has grown at a compounded annual rate of +36% over three years and +19% over five years.
- ₹387 CrRevenue · FY 2024 · +42% YoY
- ₹9.92 CrNet profit · 3% margin
- ₹15.26 CrEBITDA · 4% margin
- ₹1.00 CrPaid-up capital
- 190Employees (provident fund records)
- +36%Revenue CAGR, 3 years
- +19%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Sivantos India Private Limited are on its company page.
Detailed financial statements for Sivantos
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Investments & Acquisitions by Sivantos
Sivantos has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Audibene and TruHearing.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Hearing aid benefits and access to healthcare are provided. | truhearing.com | West Jordan, United States | 2003 | Apr 2018 | •••• | |
Hearing aid solutions and expert consultations are provided. | audibene.de | Berlin, Germany | 2012 | Mar 2015 | •••• |
Complete acquisition details for Sivantos
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Timeline of Sivantos
4 dated milestones of Sivantos across 140 years, from founding to its latest funding, stage changes and deals.
- Founded Sivantos is founded.
- Exit Acquired by EQT.
- Acquisition Acquires Audibene.
- Acquisition Acquires TruHearing.
Competitors of Sivantos
Sivantos operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReSound, Amplifon, WS Audiology, Audicus and Phonak, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| resound.com | 1869 | Ballerup, Denmark | – | 109 | Smart hearing aids are supplied for people with hearing impairments. | |
| amplifon.com | 1949 | Milan, Italy | – | – | Hearing aids and accessories are manufactured, distributed, and retailed. | |
| wsa.com | 2019 | Allerod, Denmark | – | 11,441 | Hearing loss treatment devices are developed by WS Audiology. | |
| audicus.com | 2011 | Hoboken, United States | $8.51M | – | Hearing aids are manufactured and sold online at reduced prices. | |
| phonak.com | 1947 | Stafa, Switzerland | – | 77 | Hearing aids, cochlear implants, and wireless systems are developed online. | |
| widex.com | 1956 | Copenhagen, Denmark | $5.38M | 281 | Hearing aids are developed for unique conditions with enhanced amplification. | |
| starkey.com | 1967 | Eden Prairie, United States | – | – | Developer and manufacturer of hearing aids | |
| eargo.com | 2010 | San Jose, United States | $216.58M | 45 | Hearing aids are supplied for individuals with hearing disabilities. |
Detailed competitors of Sivantos
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Web traffic of Sivantos
The website of Sivantos (sivantos.com) receives about 7.7K visits a month.
- Monthly visits7.7K
▲ 41.9% vs previous month
Websites whose visitors overlap most with Sivantos. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
iwanaga-co.com | iwanaga-co.com | 100% | – | #1,984,215 | – |
resoundjp.com | resoundjp.com | 81% | – | #1,811,932 | – |
Latest news on Sivantos
Complete news archive for Sivantos
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Similar companies to Sivantos
10 companies that operate in the same segment as Sivantos (Assistive & Age Tech Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ride-sharing service for children's healthcare transportation is managed digitally. | 2014 | South Pasadena, California, United States | USD 105.52 M | – | 123 | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
Hearing loss treatment devices are developed by WS Audiology. | 2019 | Allerød, Denmark | – | – | – | |
Aira is focused on providing remote video interpreting services for accessibility. | 2014 | San Diego, California, United States | USD 192.2 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Senior members are connected with caregivers through a digital platform. | 2017 | Miami, Florida, United States | USD 424.98 M | – | – | |
Online job portal for disabled people | 2014 | Sydney, New South Wales, Australia | USD 40 M | USD 61.44 M | – | |
Provider of home care and senior care services | 2014 | Omaha, Nebraska, United States | USD 210 M | – | 2,258 | |
Personal electric wheelchairs for mobility support are developed. | 2012 | Shinagawa, Tokyo, Japan | USD 62.5 M | – | – | |
AI-based fall detection and prevention technology is provided for clinics. | 2014 | San Francisco, California, United States | USD 102.5 M | – | 85 |
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Frequently Asked Questions about Sivantos
Sivantos was founded in 1878.
Sivantos is headquartered in Singapore, Singapore.
The primary company behind Sivantos, Sivantos India Private Limited, reported revenue of ₹387 Cr for FY 2024, up 42% year on year.
Sivantos Group (known as Seimens Audiology Group before its acquisition in 2015) provides hearing care professionals with hearing aid systems branded with Siemens, Audio Service, Rexton and AM(all Seimens owned brand names). Complementary accessories, fitting software, smartphone apps and diagnostics workflow solutions are also part of their portfolio. As of 2015, Sivantos is owned by the investor EQT, with Strüngmann family and Siemens as co-investors who bought it from Seimens for 2.48B. Sivantos Group is a trademark licensee of Siemens AG, and will continue to develop, market and sell hearing aids under the brand Siemens.
Sivantos's top competitors include WS Audiology, Eargo and Widex.
Sivantos offers Hearing Aids and Audiology Services.
Sivantos has made 2 acquisitions, including Audibene, and TruHearing.
Sivantos has 1 investor. Key investors include EQT.
Sivantos operates through Sivantos India Private Limited.
Yes. Sivantos was acquired by EQT in January 2015.
The legal entities of Sivantos currently have 5 directors, including Avinash Ashokrao Pawar, Ajay Gupta, Mohan Narasimha Swamy and others.