Widex India

Gurugram, India Founded: 2015 • Age: 11 yrs
Provides hearing aids, apps, and accessories for improved hearing health globally.

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.

Key Metrics
  • 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 Count
    71

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.

Widex SmartRIC
Hearing Aid

Advanced hearing aid for natural sound and connectivity.

Widex Moment App
Mobile Application

App for controlling and personalizing hearing aids remotely.

Widex Sound Assist
Accessory

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.

WIDEX Hearing Aids
YouTube 94 subscribers 30 videos Science & Technology
Open channel

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.

Widex Allure: The Difference is Clear| Widex hearing aids
7.1K views
Introducing Widex Allure™ - The Difference is Clear!
4.1K views
Widex Allure™ Debuts in Denmark | Our Most Natural Hearing Experience Yet
3.3K views
Widex Allure RIC R D: Our most natural hearing experience yet| Widex hearing aids
2K views

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.

DirectorDesignationAppointedTenureEntity
Avinash Ashokrao Pawar
DIN 07841329
CEO24 Apr 20206 yrs 5 moWidex India Private Limited
Mohan Narasimha Swamy
DIN 08662013
Director24 Jul 20242 yrs 2 moWidex 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.

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Detailed financial statements for Widex India

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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 NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
resound.com1869Ballerup, Denmark–109
Smart hearing aids are supplied for people with hearing impairments.
amplifon.com1949Milan, Italy––
Hearing aids and accessories are manufactured, distributed, and retailed.
wsa.com2019Allerod, Denmark–11,441
Hearing loss treatment devices are developed by WS Audiology.
starkey.com1967Eden Prairie, United States––
Developer and manufacturer of hearing aids
audicus.com2011Hoboken, United States$8.51M–
Hearing aids are manufactured and sold online at reduced prices.
widex.com1956Copenhagen, Denmark$5.38M281
Hearing aids are developed for unique conditions with enhanced amplification.
oticon.com1904Copenhagen, Denmark–1,658
Developer and manufacturer of hearing aids
phonak.com1947Stafa, Switzerland–77
Hearing aids, cochlear implants, and wireless systems are developed online.
eargo.com2010San Jose, United States$216.58M45
Hearing aids are supplied for individuals with hearing disabilities.
oliveunion.com2016Seoul, South Korea$17M–
Personal sound amplifying products are provided for hearing enhancement.
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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.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Homeopathic medicine manufacturing and online retail in India.
1898Noida, Uttar Pradesh, India–USD 26.35 M1,192
Operates an online store specializing in ayurvedic and homeopathic medicines.
2016Delhi, Delhi, India–USD 1.25 M16
Pharmaceutical therapies for smell and taste loss are developed.
2014Washington, District Of Columbia, United StatesUSD 25.88 M––
Offers Ayurvedic treatments, consultations, and products for various diseases and wellness.
1992Faridabad, Haryana, India–USD 10.08 M570
Ayurvedic company manufacturing natural soaps, body washes, and health products.
1969Chennai, Tamil Nadu, India–USD 51.17 M418
Chinese medicines are researched, developed, manufactured, and supplied.
2001Heze, Shandong, China–USD 1.68 B–
Herbal medicines and supplements for health categories are manufactured.
1933Neumarkt-sankt Veit, Bavaria, Germany–USD 510.09 M196
Provides Ayurvedic healing therapies, massages, and wellness services in India.
–Kochi, Kerala, India–USD 230.35 K42
Homeopathic medicines are supplied and distributed by Boiron worldwide.
1932Newtown Square, Pennsylvania, United States–––
Ayurvedic personal and sexual wellness products are manufactured and distributed.
2015Mumbai, Maharashtra, India–USD 15.13 M38
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Related news about 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.

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