About ThinSol
ThinSol is a Healthcare company based in Hyderabad (India) founded in 2017. Provider of oral thin strips for bioavailability and discreet administration. ThinSol has raised $4.59 million across 1 funding round from investors including Reddy Growth, Davinder Singh Brar and Saurabh Vinayak. The company has 77 employees. ThinSol was last valued at $14.7 million in April 2022. Its chief executive, as recorded, is Dinesh Reddy. Its Indian entity Aavishkar Oral Strips Private Limited reported revenue of ₹38.34 Cr. Its focus areas include Life Sciences, Drug Delivery, Oral and Thin Films. Its competitors include BonAiyu Health and Aavishkar; 1 of its 2 listed competitors has raised funding.
Company details
ThinSol was founded in 2017 in Hyderabad, India, and operates within the pharmaceutical delivery sector. Oral thin strips are developed using proprietary ThinSol technology to enable dissolvable formats for supplements. Bioavailability is improved, and discreet administration is facilitated through these strips. Leadership includes CEO Dinesh Reddy and Managing Director Anusha Sane, with operations centered in India.
- Headquarters Hyderabad, India
- Employees 77
- Stage Minicorn
- SectorsHealthcare
- Website thinsol.com
- Social LinkedIn
- Legal Name Aavishkar Oral Strips Private Limited
- Date of Incorporation 04 Sep, 2013
- Jurisdiction Hyderabad, Telangana, India
- Annual Revenue₹38.34 Cr
FY 2024 · +45% YoY
- Net Profit₹5.67 Cr
FY 2024 · 15% margin
- EBITDA₹8.81 Cr
FY 2024 · 23% margin
- Total Equity Funding$4.59M (USD)
in 1 rounds
- Latest Funding Round$4.59M (USD), Series A
Apr 2022
- Employee Count77
Associated legal entities of ThinSol
ThinSol operates through Aavishkar Oral Strips 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 |
|---|---|---|---|---|---|---|---|
| Aavishkar Oral Strips Private Limited CIN U24100TG2013PTC089852 | Active | 04 Sep 2013 | Kothur, Telangana | ₹38.3 Cr | 77 | 3 | View details |
Funding Insights of ThinSol
ThinSol has successfully raised a total of $4.59M through 1 strategic funding round. The most recent funding activity was a Series A round of $4.59 million completed in April 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 $4.59M
- Total Rounds 1
- Last Round Series A — $4.59M
- First Round $4.59M
(Apr 2022)
- Investors Count 5
All 1 funding rounds of ThinSol 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 |
|---|---|---|---|---|---|
| Apr 2022 | $4.59M | Series A | $14.7M | Reddy Growth |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $14.7M | •••••••• |
Last known valuation $14.7M (Apr 2022). 5 investors in total: 1 institutional and 4 angel.
Investors in ThinSol
ThinSol has secured backing from 5 investors, including institutional and angel investors. Prominent investors backing the company include Reddy Growth, Davinder Singh Brar and Saurabh Vinayak.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
DS Davinder Singh Brar | unknown_89f9b61c4b4d4ddb9 | |||
SV Saurabh Vinayak | unknown_2eef755c070b4fcd8 | |||
IB Indran Brar | unknown_eeef717918e74e718 | |||
AS Anandbir Singh Brar | Angel investor, ex-entrepreneur, focused on early-stage Indian startups | unknown_8e761ecd71c24f868 |
Investor details for ThinSol
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 Aavishkar Oral Strips Private Limited (ThinSol)
Aavishkar Oral Strips Private Limited is the primary company behind ThinSol. The board of Aavishkar Oral Strips Private Limited currently have 3 directors; the longest-serving is Dinesh, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Dinesh DIN 06656700 | Director | 04 Sep 2013 | 13 yrs 2 mo | Aavishkar Oral Strips Private Limited |
| Anusha Sane DIN 06656769 | Director | 04 Sep 2013 | 13 yrs 2 mo | Aavishkar Oral Strips Private Limited |
| Gunapati Reddy Venkat Keshav DIN 06593325 | Director | 02 Dec 2022 | 3 yrs 11 mo | Aavishkar Oral Strips Private Limited |
People of ThinSol
2 people are tracked at ThinSol (2 in leadership); the tracked headcount is 77.
| Name | Role | Group |
|---|---|---|
Dinesh Reddy | CEO | Leadership |
| Managing Director | Leadership |
Complete people profiles for ThinSol
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 ThinSol
Figures of Aavishkar Oral Strips Private Limited, the primary company behind ThinSol, for FY 2024. Revenue was ₹38.34 Cr (+45% year on year). Net profit was ₹5.67 Cr (15% margin). EBITDA was ₹8.81 Cr (23% margin). Revenue has grown at a compounded annual rate of +79% over three years and +51% over five years.
- ₹38.34 CrRevenue · FY 2024 · +45% YoY
- ₹5.67 CrNet profit · 15% margin
- ₹8.81 CrEBITDA · 23% margin
- ₹1.43 CrPaid-up capital
- 77Employees (provident fund records)
- +79%Revenue CAGR, 3 years
- +51%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Aavishkar Oral Strips Private Limited are on its company page.
Detailed financial statements for ThinSol
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 ThinSol
3 dated milestones of ThinSol across 5 years, from founding to its latest funding, stage changes and deals.
- Founded ThinSol is founded.
- Funding First funding round of $4.6M.
- Milestone Reaches Minicorn status.
Competitors of ThinSol
ThinSol has 2 listed competitors in our database, 1 of them funded. They include BonAiyu Health and Aavishkar.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bonaiyuhealth.com | 2015 | Bengaluru, India | $926,702 | Mouth dissolving strips for nutritional supplements are provided. | ||
| aavishkar.org | 2013 | Hyderabad, India | 72 | Oral dissolving strips for OTC, Rx, and supplements are manufactured. |
Detailed competitors of ThinSol
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as ThinSol (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 2,062 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 557 |
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
Frequently Asked Questions about ThinSol
ThinSol was founded in 2017 and raised its 1st funding round 5 years after it was founded.
ThinSol is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Dinesh Reddy is the CEO of ThinSol, as recorded in our data.
ThinSol is a funded company, having raised a total of $4.59M across 1 funding round to date. The company's 1st funding round was a Series A of $4.59M, raised on Apr 2022.
ThinSol has 77 employees.
The primary company behind ThinSol, Aavishkar Oral Strips Private Limited, reported revenue of ₹38.34 Cr for FY 2024, up 45% year on year.
ThinSol was founded in 2017 in Hyderabad, India, and operates within the pharmaceutical delivery sector. Oral thin strips are developed using proprietary ThinSol technology to enable dissolvable formats for supplements. Bioavailability is improved, and discreet administration is facilitated through these strips. Leadership includes CEO Dinesh Reddy and Managing Director Anusha Sane, with operations centered in India.
ThinSol's top competitors include Aavishkar and BonAiyu Health.
ThinSol has 5 investors. Key investors include Reddy Growth, Davinder Singh Brar, Saurabh Vinayak, Indran Brar, and Anandbir Singh Brar.
The valuation of ThinSol is $14.7M as of Apr 2022.
ThinSol operates through Aavishkar Oral Strips Private Limited.
The legal entities of ThinSol currently have 3 directors, including Dinesh, Anusha Sane, Gunapati Reddy Venkat Keshav.