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Radar · Medical Device Outsourcing in India

Best Medical Device Outsourcing Companies in India

The 115 best Medical Device Outsourcing companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Micro Life Sciences.

115companies tracked
$229.9Mdisclosed funding
0unicorns
10have raised

India's Medical Device Outsourcing sector now has 115 tracked companies, and this directory ranks the best of them by disclosed equity funding and recent funding momentum. Total disclosed funding across the cohort sits at $230M, with Micro Life Sciences accounting for the bulk of that at $210M alone. That's not a typo.

The 71 filers with validated revenue reports show a combined pool of $163M, median revenue of $453,458, and 8% YoY growth, which is steady if unspectacular. But the outsized earners are worth your attention: J G Foundry Limited filed $31M in revenue, and Syrma Johari Medtech Limited pulled $3M in net income, 136 times the sector median of $25,620. Sagar Rubber Products Private Limited and Trident Equipments Private Limited aren't far behind, each running net income at 44x and 38x the median respectively. Globally, the Medical Device Outsourcing market is projected to reach $292.9B by 2030 at an 11.2% CAGR, and as recent trend analysis confirms, regulatory compliance during outsourcing remains the structural friction that separates disciplined operators from the rest. I'd watch that compliance story closely as this market scales.

Sources & further reading
  • Medical Device Outsourcing Market Growth Rate of 12.1% over the Foreca
  • Medical Device Outsourcing Market: Trends, Drivers, and Segmentation

Ranked: Best Medical Device Outsourcing companies in India

#CompanyRevenueDisclosed fundingEmployeesFoundedFounderTech stackRecent signals
1Laxmi Dental Export
Manufacturer of dental restorations products
$29M
FY2025
$10M1,8131989Rajesh Khakhar
Founder & Managing Director
PHPAnimate.cssBootstrap+161 job opening · 3 launchs
2Efocusinstruments
Supplier of granite, marble, and other natural stone products
$5M
FY2025
——2013—Wix eCommerceWixSentry+151 launch
3Arenamedical
Provider of Korean-language media and community services
$3M
FY2025
—32010———
4Glowtronics
Glowtronics – Since 1986
$3M
FY2022
—22——WordPressMySQLPHP+29—
5Dantech Dental Lab
Manufacturer of dental prosthetics and digital dental solutions
$2M
FY2025
$3M452023—WordPressMySQLPHP+30—
6centech
Provider of medical devices engineering and design services
$2M
FY2025
—52013—BootstrapLiteSpeedjQuery UI+6—
7ATPL
Provider of medical equipment including infusion sets, scalp vein sets, sterile disposable blood…
$2M
FY2025
——2006Hardik Patel
CEO & Managing Director
——
8Biolinx
Manufacturer of laboratory equipment and cleanroom solutions
$2M
FY2025
—342011Mittal Gor
Owner & CEO
Cart FunctionalityYouTubeNginx+5—
9Axiom Consulting
Axiom consulting manages Product & Innovation programs from consumer research to prototyping.A Global…
$1M
FY2025
—1752001—WordPressMySQLPHP+19—
10Croissance Clinical Research
Provider of full-service clinical research organization (CRO) support
$1M
FY2025
—142013Bindu Bangera
Principal Consultant & Founder
BootstrapLiteSpeedGSAP+12—
11Vinvish Technologies
Medical devices provider
$1M
FY2025
—1092004Ramadas Manakattompalli
Founder
WordPressMySQLPHP+18—
12Essel Propack
One of the largest tube packaging companies that provide packaging for Oral Care, Beauty & Cosmetics, Pharma…
$993K
FY2025
—2,7001982Subhash Chandra
Founder
WordPressMySQLPHP+18—
13B&A Health
Contract manufacturer of packaging products for medical devices and pharmaceutical industries
$736K
FY2020
——2013Arvind Kandi
Co-Founder & Managing Director
——
14DAP
Provider of digital transformation and medical communication solutions for pharmaceutical and healthcare…
$655K
FY2025
——2011—UbuntuBootstrapNginx+5—
15Genenest Biotech
Provider of contract manufacturing and regulatory solutions for biotech products
$599K
FY2025
——2022Avinash Singh
Co-Founder & CEO
——
16FAB Pharmaceuticals
Manufacturer and distributor of medical devices and equipment
$495K
FY2025
——2012Piyush Rakhia
CEO & MD
——
17Greyfalcon
Manufacturer of medical equipment and engineering solutions
$418K
FY2025
——2016———
18Bio Agile Therapeutics
Provider of real estate brokerage and related services
$324K
FY2025
——2016Divya Chandradhara
CEO
WordPress Block EditorElementorWordPress+13—

Top 11 Medical Device Outsourcing companies in India

#1
Seed · Bengaluru, Karnataka · founded 2025
$4Mraised
▾

Company focused on designing and manufacturing medical devices. The company combines strong engineering expertise with indigenous research and development to create products that meet global quality standards while addressing real-world clinical needs. Its solutions are designed to strengthen hospital infrastructure, streamline workflows, and improve patient care.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.8% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · momentum +5 · hiring: Business Finance Partner, Renal Vertical
Funding rounds
  • Dec 2025Seed$4M
Founders & team
Nishant GoelCo-FounderAnshul SharmaCo-Founder
Investors
3one4 Capital, Incubate Fund India, Stride Ventures
#2
Late Stage · Ahmedabad, Gujarat · founded 2006 · 748 employees
$210Mraised
▾

Manufacturer and supplier of medical devices. It offers innovation, design, development, manufacturing, and distribution of diversified medical devices, lab equipment, surgical instruments, and more.

Funding rounds
  • Feb 2022PE$210M
Investors
Warburg Pincus
#3
Seed · Bhubaneswar, Odisha · founded 2015
$577.4Kraised
▾

Prantae is a developer of medical imaging, spectroscopy, and molecular progenitor device, especially during pregnancy. The company offers a single prognosis single detector for the medical professional as well as self-monitoring devices like ProFlo-U, EyeRa-Sense, and Embargo. It also offers technologies for the detection of plasmonics and optofluidics.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 4.7% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • Jan 2025Seed$577.4K
Founders & team
Kumar AbhishekCo-Founder & Chief Commercial Officer Neel GuriaCo-Founder & Chief Technology OfficerSumona MishraCo-Founder
Investors
Indian Angel Network, C-CAMP
Tech stack
Node.JsHeadless UiReactNext.JsPriority HintsNetlify
#4
Seed · Bengaluru, Karnataka · founded 2024
$636.1Kraised
▾

Provider of medical surgical lasers design, manufacturing & marketing services

Funding rounds
  • Sep 2024Angel$636.1K
Founders & team
Alok AggarwalCEO and Chief Data ScientistV VenkateshManaging Director & COO
#5
Seed · Chennai, Tamil Nadu · founded 2023 · 45 employees
$2.5Mraised
▾

Manufacturer of dental prosthetics and digital dental solutions. This entity provides a comprehensive suite of services encompassing the design and production of crowns, bridges, dentures (both conventional and digital), implants, and orthodontic appliances. They utilize both traditional craftsmanship and advanced CAD/CAM technology to create customized solutions. Services include digital workflow options, allowing for seamless collaboration with dental practices. The company also offers educational resources and events.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 358 LinkedIn followers
Investors
Unicornus Maximus, Shagun Capital Ventures, Wow Investments, Ten Eighty Investments, Nldp, Turtle Creek Investment and Advisors
Tech stack
Bold Page BuilderBold ThemesContact Form 7Element UiElementorFont Awesome
#6
Early Stage · Mumbai, Maharashtra · founded 1989 · 1813 employees
$10.1Mraised
▾

Manufacturer of dental restorations products. It provides crowns, bridges, veneers, and dentures. It also provides dental laboratory solutions for clinics and laboratories worldwide.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers — 13.5% of this cohort's audience · 24 engagements/post (3.6× cohort median)
Hiring: 1 hiring post in 12 mo (public) · hiring: Full-time, Part-time
Activity: 3 product launches announced in 12 mo
Funding rounds
  • Feb 2015Unattributed$10.1M
Founders & team
Rajesh KhakharFounder & Managing DirectorSameer MerchantManaging Director
Investors
Orbimed
Tech stack
WordpressMysqlPhpBootstrapContact Form 7Yoast Seo
#7
Acquired · Mumbai, Maharashtra · founded 2005 · 164 employees
$2Mraised
▾

Karmic Lifesciences is a full-service contract research organization headquartered in India with global execution capabilities in the US, Europe and APAC. It provides clinical trials and clinical data management & bio-statistics projects (Phase I to IV) in various therapeutic areas including Oncology, Cardiovascular, Diabetes, Neurology, Auto-Immune Diseases, Ophthalmology, and Medical Devices. It also launched medico-marketing services for the pharmaceutical industry. Also, developed kTrials, a web-enabled eClinical suite with integrated clinical trial management, clinical data management, clinical data warehousing and operational analytics functionalities. It was funded by India Angels Network, Mumbai Angels, Basil Growth, Blume Ventures. It was acquired by Cliantha Research in July 2014.

Funding rounds
  • May 2010Series A$1.5M
  • May 2009Seed$500K
Founders & team
Nidhi SaxenaFounder & CEO
Investors
Mumbai Angels, Basil Partners, Indian Angel Network, MIPL, Blume Venture
#8
Seed · Chennai, Tamil Nadu · founded 2021
$12.1Kraised
▾

Electronic product and solutions company offering embedded systems and software design, specializing in real-time industrial solutions, embedded hardware and software design, application software, and algorithm development. They provide services encompassing your ideas and requirements, with applications in medical devices, wireless sensor networks, and algorithm customization. Their offerings include hardware, firmware, and sensing solutions for industrial problems, automation, and medical sensors. They provide software for data download and analysis with end-to-end encryption. They focus on delivering competitive, cutting-edge solutions by understanding technology and market trends. They offer services like consultancy or contract for the development of an end-to-end solution.

Funding rounds
  • Oct 2022Seed$12.1K
Founders & team
A Balaji GaneshCo-Founder
#9
Funding Raised · Bengaluru, Karnataka · founded 2015
$76.6Kraised
▾

Provider of 3D printing services to multiple industries

Funding rounds
  • May 2017Grant (prize money)$76.6K
Founders & team
Srinivas HVFounder & Managing Director
Investors
Startup Karnataka, BIRAC
#10
Funding Raised · Bengaluru, Karnataka · founded 2013
—raised
▾

Provider of designing, technical operation, and other services for medical device industries

Funding rounds
  • Mar 2014Grant (prize money)—
Founders & team
Prakash SonwalkarCo-Founder & DirectorDinesh BindiganavaleCo-Founder & Director
Investors
Gates, Department of Biotechnology, IKP Knowledge Park, BIRAC
Tech stack
WixReactGoogle CloudPolyfillLodashPriority Hints
#11
Funding Raised · Thiruvananthapuram, Kerala · founded 2004 · 109 employees
—raised
▾

Vinvish Technologies provides medical devices to healthcare, defense, aerospace, IT, telecom, and other enterprise sectors. Its product portfolio includes Photodynamic Therapy Lasers, Supercontinuum Light Sources, Fiber Lasers, Fiber Amplifiers, C & L Band High Power ASE sources, etc. It has won multiple awards including Kerala State Govt. Award of unique achievement for Innovation in 2015, DBT – BIRAC innovator award for the PDT Laser in 2013, etc.

Funding rounds
  • 2013Grant (prize money)—
Founders & team
Ramadas ManakattompalliFounder
Investors
DST, BIRAC
Tech stack
Apache Http ServerBootstrapColorlib IlldyCore-JsFont AwesomeGodaddy

Funding & investor landscape

$229.9Mtotal disclosed funding
9companies funded
9disclosed rounds
0rounds last 90 days
Most active investors
BIRAC6 rounds
C-CAMP5 rounds
Indian Angel Network2 rounds
Startup Incubation and Innovation Centre2 rounds
3one4 Capital1 rounds
Basil Partners1 rounds
Blume Venture1 rounds
DST1 rounds
Department of Biotechnology1 rounds
Gates1 rounds

Notable founders

Nishant Goel
Co-Founder · Pulse
Anshul Sharma
Co-Founder · Pulse
Kumar Abhishek
Co-Founder & Chief Commercial Officer · Prantae Solutions
Neel Guria
Co-Founder & Chief Technology Officer · Prantae Solutions
Alok Aggarwal
CEO and Chief Data Scientist · Zentor MedTech
V Venkatesh
Managing Director & COO · Zentor MedTech
Rajesh Khakhar
Founder & Managing Director · Laxmi Dental Export
Sameer Merchant
Managing Director · Laxmi Dental Export
Nidhi Saxena
Founder & CEO · Karmic Lifesciences
A Balaji Ganesh
Co-Founder · Emsensing Technologies
Srinivas HV
Founder & Managing Director · Lumisoft Technologies
Prakash Sonwalkar
Co-Founder & Director · Pradin Technologies
Prism market signals · India · country-scoped Prism corpus, 6,106,422 docs

Market landscape — 10 sub-themes by coverage

Share of Medical Device Outsourcing coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Medical Device Outsourcing companies are there in India?
Radar tracks 115 indexable Medical Device Outsourcing companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Medical Device Outsourcing companies in India?
The Medical Device Outsourcing companies in India on this list have raised a combined $229.9M in disclosed equity funding across 9 funded companies.
Which is the highest-funded Medical Device Outsourcing company in India?
Micro Life Sciences is the highest-funded Medical Device Outsourcing company in India, with $210M in disclosed equity funding.
How many Medical Device Outsourcing companies in India are funded?
9 of the 115 Medical Device Outsourcing companies in India on this list have disclosed at least one equity funding round.
How many Medical Device Outsourcing unicorns are there in India?
None of the Medical Device Outsourcing companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Medical Device Outsourcing companies?
The most active investors in India Medical Device Outsourcing companies on this list include BIRAC, C-CAMP, Indian Angel Network, Startup Incubation and Innovation Centre, 3one4 Capital.
Riya SenguptaFinancials

Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.

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