
About Widex India
Widex India is a Healthcare company based in Gurugram (India) founded in 2015. It provides hearing aids, apps, and accessories for improved hearing health globally. It operates on a D2C and B2B model. The company has 71 employees. Its Indian entity Widex India Private Limited reported revenue of ₹83.93 Cr. Widex India offers products and services including Widex SmartRIC, Widex Moment App, and Widex Sound Assist. Its focus areas include Health and Wellness, Medical Devices, Hearing Aids and Tinnitus Relief. Its competitors include ReSound, Amplifon, WS Audiology, Starkey and Audicus and 5 more; 4 of its 10 listed competitors have raised funding.
Company details
Widex develops and sells innovative hearing aids and related accessories, focusing on natural sound technology and AI-powered personalization. They provide apps for user control and connect with hearing care professionals for customized solutions. Based in India via their official website, Widex serves individuals with hearing loss, emphasizing seamless integration and tinnitus relief methods to enhance daily life.
- Headquarters Gurugram, India
- Employees 71
- SectorsHealthcare
- Website widexindia.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Widex India Private Limited
- Date of Incorporation 28 Sep, 2000
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹83.93 Cr
FY 2024 · +6% YoY
- Net Profit₹2.48 Cr
FY 2024 · 3% margin
- EBITDA₹4.26 Cr
FY 2024 · 5% margin
- Employee Count71
Associated legal entities of Widex India
Widex India operates through Widex India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Widex India Private Limited CIN U74899KA2000PTC181470 | Amalgamated | 28 Sep 2000 | Bangalore, Karnataka | ₹83.9 Cr | 71 | 4 | View details |
Products & Services of Widex India
Widex India offers a comprehensive portfolio of products and services, including Widex SmartRIC, Widex Moment App, and Widex Sound Assist.
Advanced hearing aid for natural sound and connectivity.
App for controlling and personalizing hearing aids remotely.
Device that enhances hearing by connecting to aids for better sound.
Apps and channels of Widex India
its YouTube channel WIDEX Hearing Aids has 94 subscribers and 30 videos.
Videos from Widex India
The most watched videos on Widex India's YouTube channel, WIDEX Hearing Aids (94 subscribers). Click a video to play it here.
More on WIDEX Hearing Aids.
Board of directors of Widex India Private Limited (Widex India)
Widex India Private Limited is the primary company behind Widex India. The board of Widex India Private Limited currently have 2 directors; the longest-serving is Avinash Ashokrao Pawar, appointed in 2020. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Avinash Ashokrao Pawar DIN 07841329 | CEO | 24 Apr 2020 | 6 yrs 5 mo | Widex India Private Limited |
| Mohan Narasimha Swamy DIN 08662013 | Director | 24 Jul 2024 | 2 yrs 2 mo | Widex India Private Limited |
Financials of Widex India
Figures of Widex India Private Limited, the primary company behind Widex India, for FY 2024. Revenue was ₹83.93 Cr (+6% year on year). Net profit was ₹2.48 Cr (3% margin). EBITDA was ₹4.26 Cr (5% margin). Revenue has grown at a compounded annual rate of +35% over three years.
- ₹83.93 CrRevenue · FY 2024 · +6% YoY
- ₹2.48 CrNet profit · 3% margin
- ₹4.26 CrEBITDA · 5% margin
- ₹14.40 CrPaid-up capital
- 71Employees (provident fund records)
- +35%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Widex India Private Limited are on its company page.
Detailed financial statements for Widex India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Widex India
Widex India has 10 listed competitors in our database, 4 of them funded. They include ReSound, Amplifon, WS Audiology, Starkey and Audicus, 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. | |
| starkey.com | 1967 | Eden Prairie, United States | – | – | Developer and manufacturer of hearing aids | |
| audicus.com | 2011 | Hoboken, United States | $8.51M | – | Hearing aids are manufactured and sold online at reduced prices. | |
| widex.com | 1956 | Copenhagen, Denmark | $5.38M | 281 | Hearing aids are developed for unique conditions with enhanced amplification. | |
| oticon.com | 1904 | Copenhagen, Denmark | – | 1,658 | Developer and manufacturer of hearing aids | |
| phonak.com | 1947 | Stafa, Switzerland | – | 77 | Hearing aids, cochlear implants, and wireless systems are developed online. | |
| eargo.com | 2010 | San Jose, United States | $216.58M | 45 | Hearing aids are supplied for individuals with hearing disabilities. | |
| oliveunion.com | 2016 | Seoul, South Korea | $17M | – | Personal sound amplifying products are provided for hearing enhancement. |
Detailed competitors of Widex India
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Top companies in Alternative Medicine Products
10 companies that operate in the same segment as Widex India (Alternative Medicine Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Homeopathic medicine manufacturing and online retail in India. | 1898 | Noida, Uttar Pradesh, India | – | USD 26.35 M | 1,192 | |
Operates an online store specializing in ayurvedic and homeopathic medicines. | 2016 | Delhi, Delhi, India | – | USD 1.25 M | 16 | |
Pharmaceutical therapies for smell and taste loss are developed. | 2014 | Washington, District Of Columbia, United States | USD 25.88 M | – | – | |
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness. | 1992 | Faridabad, Haryana, India | – | USD 10.08 M | 570 | |
Ayurvedic company manufacturing natural soaps, body washes, and health products. | 1969 | Chennai, Tamil Nadu, India | – | USD 51.17 M | 418 | |
Chinese medicines are researched, developed, manufactured, and supplied. | 2001 | Heze, Shandong, China | – | USD 1.68 B | – | |
Herbal medicines and supplements for health categories are manufactured. | 1933 | Neumarkt-sankt Veit, Bavaria, Germany | – | USD 510.09 M | 196 | |
Provides Ayurvedic healing therapies, massages, and wellness services in India. | – | Kochi, Kerala, India | – | USD 230.35 K | 42 | |
Homeopathic medicines are supplied and distributed by Boiron worldwide. | 1932 | Newtown Square, Pennsylvania, United States | – | – | – | |
Ayurvedic personal and sexual wellness products are manufactured and distributed. | 2015 | Mumbai, Maharashtra, India | – | USD 15.13 M | 38 |
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Related news about Widex India
Complete news archive for Widex India
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Frequently Asked Questions about Widex India
Widex India was founded in 2015.
Widex India is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Widex India has 71 employees.
The primary company behind Widex India, Widex India Private Limited, reported revenue of ₹83.93 Cr for FY 2024, up 6% year on year.
Widex develops and sells innovative hearing aids and related accessories, focusing on natural sound technology and AI-powered personalization. They provide apps for user control and connect with hearing care professionals for customized solutions. Based in India via their official website, Widex serves individuals with hearing loss, emphasizing seamless integration and tinnitus relief methods to enhance daily life.
Widex India's top competitors include WS Audiology, Eargo and Widex.
Widex India offers Widex SmartRIC, Widex Moment App, and Widex Sound Assist.
Widex India operates through Widex India Private Limited.
The legal entities of Widex India currently have 4 directors, including Avinash Ashokrao Pawar, Mohan Narasimha Swamy, Om Parkash Sharma and others.
