Sunways

Mumbai, India Founded: 1951 • Age: 75 yrs
Ophthalmic and ENT products are manufactured, along with medical devices.
Annual revenue $12.2M Latest available
Total funding $15.0M 1 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Sunways

Sunways is a company based in Mumbai (India) founded in 1951. Sunways has raised $15 million across 1 funding round from investors including InvAscent. Sunways has completed 2 acquisitions, including Inor Medical Products and Inor Orthopaedics. Sunways offers products and services including Ophthal Products, ENT Products, and Medical Devices. Sunways operates in a competitive market with competitors including Annexon, Aldeyra, Lyra Therapeutics, Nicox and Decibel Therapeutics, among others.

  • Headquarter Mumbai, India
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Sunways India Pvt Ltd
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $12.2 M (USD)
    29.33
    as on Mar 31, 2022
  • Net Profit
    $1.96 M (USD)
    31.69
    as on Mar 31, 2022
  • EBITDA
    $2.45 M (USD)
    10.75
    as on Mar 31, 2022
  • Total Equity Funding
    $15 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15 M (USD), Series B

    Oct 21, 2022

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Sunways

Sunways offers a comprehensive portfolio of products and services, including Ophthal Products, ENT Products, and Medical Devices.

Product name locked
Category locked
Primary

Products for eye treatment and care, including drops and ointments

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Items for ENT care and treatment

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Devices supporting medical applications in eyecare and ENT

People of Sunways

Headcount 500-1000
Employee Profiles 3
Employee Profiles
People
Aatish Shroff
Exec. Director - Business Operations
People
Finance Ratheen Shroff Msc (IT)
Director Of Business Development / International Operations

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Funding Insights of Sunways

Sunways has successfully raised a total of $15M through 1 strategic funding round. The most recent funding activity was a Series B round of $15 million completed in October 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 Sunways

Sunways has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include InvAscent.

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Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on life sciences investments in India.
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Investor details for Sunways

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by Sunways

Sunways has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Inor Medical Products and Inor Orthopaedics.

Investments
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Investment portfolio details for Sunways

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Orthopedic products and ophthalmic instruments are manufactured.
Locked Locked 2021 Locked
Orthopedic devices are manufactured by Inor Orthopaedics in India.
Locked Locked 2009 Locked
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Complete acquisition details for Sunways

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Financial Statements - Sunways

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Detailed financials for Sunways

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Sunways Comparisons

Sunways Primary company
Description
Ophthalmic and ENT products are manufactured, along with med...
Location
Mumbai, India
Founded Year
1951
Annual Revenue
$12.2 M (USD)
Net Profit
$1.96 M (USD)
EBITDA
$2.45 M (USD)
Employees
Not available
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Peer comparison for Sunways

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Competitors of Sunways

Sunways 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 Annexon, Aldeyra, Lyra Therapeutics, Nicox and Decibel Therapeutics, among others.

Company Name Domain Founded year HQ Location Description
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Developer of antibodies to treat complement-mediated neurodegenerative diseases
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Drug candidates for immune-mediated diseases are developed by Aldeyra.
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Small molecule therapeutics for ENT diseases are developed.
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Nitric oxide-based therapeutics for glaucoma and eye conditions are developed.
Locked Locked Locked
Medicines are developed to protect, repair, and restore hearing capacity.
Locked Locked Locked
Mobile SDK developed for app engagement and monetization strategies.
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Detailed competitors of Sunways

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Latest news on Sunways

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Complete news archive for Sunways

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Frequently Asked Questions about Sunways

Sunways was founded in 1951 and raised its 1st funding round 71 years after it was founded.

Sunways is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Sunways is a funded company, having raised a total of $15M across 1 funding round to date.

Annual revenue of Sunways is $12.2M as on Mar 31, 2022.

Sunways was founded in 1951 and is based in Mumbai, India. Ophthalmic and ENT products are manufactured, alongside medical devices. Eye drops and ointments are supplied to support healthcare applications. Medical education programs are backed by the company. Operations emphasize expansion into additional therapeutic areas to meet evolving healthcare requirements in the sector.

Sunways's top competitors include Annexon, Decibel Therapeutics and Alimera Sciences.

Sunways offers Ophthal Products, ENT Products, and Medical Devices.

Sunways has made 2 acquisitions, including Inor Medical Products, and Inor Orthopaedics.

Sunways has 1 investor. Key investors include InvAscent.

The valuation of Sunways is $41.86M as of Oct 2022.

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