Company lists
The India edition · 2026

Ophthalmologycompanies in India

Eye devices, lenses & cataract, eye drugs, imaging & screening, advanced therapies and more: the companies building ophthalmology in India, with their founders, funding, team size and business models.

41 company profiles27 with reported revenue10 with recorded fundingOctober 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 4.0)

Recent ophthalmology business events in India

Funding, M&A, contract wins and launches involving 52 ophthalmology companies in India, last 24 months: 2 M&A deals · 1 funding round. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

M&AAcquisition · Completed

Sunways acquires Indoco remedies

Indoco Remedies has successfully completed the transfer of its ophthalmic business division to Sunways (India) Private Limited. This strategic move, finalised on May 18, 2026, involves…

Pharmaceuticals
M&AAcquisition · Announced

Inviga Healthcare Fund (IHF) acquires Forus health

Inviga Healthcare Fund (IHF), the private equity platform founded by Dr. B.S. Ajaikumar of HCG, has acquired a 21% stake in Forus Health Private Limited, an Indian ophthalmic diagnostics…

Ophthalmic Diagnostics
FundingPre-Series A

Lamark Biotech

Lamark Biotech, an innovation-led biopharma startup, raised ₹6.5 crore in a Pre-Series A round led by IAN Group, including IAN Alpha Fund, powered by BioAngels, Dr. Vinayender Tulla, Dr.…

Investors IAN Group, IAN Alpha Fund, Bioangels, Dr. Vinayender Tulla
Biopharma

Ophthalmology companies in India, by revenue

Browse ophthalmology companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 27 companies below are the largest by their most recent reported revenue among 27 ophthalmology companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 27

Traditional pharmaceutical company operational in Ophthalmic, ENT and Inhalation segments

Ophthalmology
₹1,262.74 crFY 2024-25
+43%2024–2025
501recorded
36 yr1990
2postings · last posted Sep 2026

Developer of ophthalmic instruments and pharmaceutical products

Ophthalmology
₹765.69 crFY 2022-23
Not reported
1,698LinkedIn · Oct 2026
48 yr1978
2postings · last posted Aug 2026

Manufacturer and exporter of intraocular lenses and ophthalmic pharmaceuticals

Ophthalmology
₹326.69 crFY 2021-22
Not reported
60+6% 12 mo to Sep 2024LinkedIn · Oct 2026
39 yr1987
—No postings tracked

Portfolio of products for ophthalmology

Ophthalmology
₹240.77 crFY 2021-22
Not reported
8+14% 12 mo to Sep 2024LinkedIn · Oct 2026
28 yr1998
0none in 3 months

Developer of a wide range of ophthalmic and ENT products

Ophthalmology
₹100.88 crFY 2021-22
Not reported
370-3% 12 mo to Nov 2023LinkedIn · Oct 2026
75 yr1951
—No postings tracked

Provider of electronic medical devices primarily for Ophthalmology

Ophthalmology
₹106.44 crFY 2022-23
Not reported
122+7% 12 mo to Sep 2024recorded Sep 2024
40 yr1986
—No postings tracked

Manufacturer of high quality ophthalmic consumables

Ophthalmology
₹55.14 crFY 2023-24
Not reported
783-38% 12 mo to Sep 2024LinkedIn · Jul 2026
34 yr1992
4postings · last posted Sep 2026

Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis

Ophthalmology
₹55.31 crFY 2024-25
+14%2024–2025
228+14% 12 mo to Sep 2024LinkedIn · Jul 2026
17 yr2009
2postings · last posted Sep 2026

Developer of eye drops to treat infections and inflammations

Ophthalmology
₹52.92 crFY 2024-25
+28%2024–2025
81+14% 12 mo to Sep 2024LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms

Ophthalmology
₹52.85 crFY 2024-25
+13%2024–2025
246-42% vs previous recordLinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of technology solutions for people with disabilities

Ophthalmology
₹44.69 crFY 2024-25
-7%2024–2025
306-10% 12 mo to Sep 2024LinkedIn · Jul 2026
22 yr2004
0none in 3 months

Manufcaturer of intraocular lenses (IOLs) for cataract surgery

Ophthalmology
₹37.39 crFY 2021-22
Not reported
70-5% 12 mo to Sep 2024LinkedIn · Jul 2026
33 yr1993
0none in 3 months

Manufacturer of hydrophilic and hydrophobic intraocular lenses. The company produces a variety of intraocular lenses, including autofocus and preloaded aspheric options. It utilizes advanced technology and high-index raw materials sourced internationally. A focus on quality control ensures compliance with international medical device standards. The manufacturing facility incorporates stringent environmental controls. The company's human resources comprise experienced professionals and talented young specialists in relevant fields. The resulting products deliver excellent post-operative visual

Ophthalmology
₹30.52 crFY 2024-25
+16%2024–2025
33LinkedIn · Jul 2026
13 yr2013
0none in 3 months

Manufacture of intraocular lens and surgical products

Ophthalmology
₹29.97 crFY 2024-25
-6%2024–2025
—Not available
21 yr2005
0none in 3 months

Developing products for multiple ophthalmic diseases

Ophthalmology
₹18.28 crFY 2021-22
Not reported
155-11% 12 mo to Sep 2024recorded Sep 2024
53 yr1973
—No postings tracked

Manufacturer of ophthalmic precision surgical instruments

Ophthalmology
₹15.27 crFY 2024-25
+9%2024–2025
—Not available
29 yr1997
0none in 3 months

Developer of an artificial implantable intraocular lens to treat cataracts

Ophthalmology
₹14.57 crFY 2024-25
+1226%2024–2025
25LinkedIn · Jul 2026
14 yr2012
0none in 3 months · last posted Jun 2026

Eye care products and pharmaceutical manufacturing and marketing company

Ophthalmology
₹6.87 crFY 2024-25
-68%2024–2025
10LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of an AI and VR-based eye tracking solution for eye balancing and testing

Healthcare it
₹4.89 crFY 2022-23
+19%2022–2023
15-23% 12 mo to Jun 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Developer of thermostable biologics for treating diabetes and other diseases

Ophthalmology
₹3.26 crFY 2024-25
Not reported
12LinkedIn · Jul 2026
8 yr2018
2postings · last posted Aug 2026

Manufacturer of ophthalmic products

Ophthalmology
₹2.24 crFY 2024-25
-5%2024–2025
7+0% 12 mo to Sep 2024recorded Sep 2024
26 yr2000
0none in 3 months

Developer of cell replacement therapies to treat ophthamological conditions

Ophthalmology
₹2.13 crFY 2024-25
-27%2024–2025
23+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months · last posted May 2026

Developer of portable, affordable deep-tech medical devices utilizing optics and photonics technology for healthcare applications

Imaging diagnostics
₹1.72 crFY 2024-25
+72%2024–2025
24LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted May 2026

Provider of portable smart-phone based fundus camera

Ophthalmology
₹38.48 lakhFY 2024-25
-7%2024–2025
5LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Developer of artificial intelligence-driven medical devices for preventive healthcare solutions

Ophthalmology
₹26.50 lakhFY 2024-25
+279%2024–2025
1LinkedIn · Jul 2026
5 yr2021
0none in 3 months
27 of 41 companies shown here · the full list is on Radar
Fliar Radar

Explore all 41 ophthalmology companies in India on Radar

This page shows the top 27. Radar has the complete, filterable list with contacts and live company signals.

Open ophthalmology in India on Radar
  • Every company, not just 50All 41 ophthalmology companies in India, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore ophthalmology companies in India by what you are looking for

Browse the top ophthalmology companies in India, including makers of ophthalmic instruments, intraocular lenses and eye drugs. Find eye care startups in India working on digital eye screening, imaging and therapies.

7 ways to explore ophthalmology in India

Ophthalmic instruments & medical device makersIntraocular lens & cataract surgery productsOphthalmic pharmaceutical & drug companiesEye imaging, AI screening & diagnosticsEye disease & cell therapy developersOphthalmology startups in India

Ophthalmic instruments & medical device makers

Manufacturers of ophthalmic instruments, surgical tools and eye-care devices.

  1. Sentiss Pharma

    Traditional pharmaceutical company operational in Ophthalmic, ENT and Inhalation segments

    Ophthalmology
    See in list
  2. Appasamy Associates

    Developer of ophthalmic instruments and pharmaceutical products

    Ophthalmology
    See in list
  3. Care Group

    Manufacturer and exporter of intraocular lenses and ophthalmic pharmaceuticals

    Ophthalmology
    See in list
  4. Biotech Vision Care

    Portfolio of products for ophthalmology

    Ophthalmology
    See in list
  5. Sunways

    Developer of a wide range of ophthalmic and ENT products

    Ophthalmology
    See in list

Intraocular lens & cataract surgery products

Companies making intraocular lenses and products for cataract and refractive care.

  1. Care Group

    Manufacturer and exporter of intraocular lenses and ophthalmic pharmaceuticals

    Ophthalmology
    See in list
  2. Omni Lens

    Manufcaturer of intraocular lenses (IOLs) for cataract surgery

    Ophthalmology
    See in list
  3. Lifelineiol

    Manufacturer of hydrophilic and hydrophobic intraocular lenses. The company produces a variety of intraocular lenses, including autofocus and preloaded aspheric options. It utilizes advanced technology and high-index raw materials sourced internationally. A focus on quality control ensures compliance with international medical device standards. The manufacturing facility incorporates stringent environmental controls. The company's human resources comprise experienced professionals and talented young specialists in relevant fields. The resulting products deliver excellent post-operative visual

    Ophthalmology
    See in list
  4. Freedom Ophthalmic

    Manufacture of intraocular lens and surgical products

    Ophthalmology
    See in list
  5. Nayam Innovations

    Developer of an artificial implantable intraocular lens to treat cataracts

    Ophthalmology
    See in list

Ophthalmic pharmaceutical & drug companies

Pharma companies developing eye drops, medicines and therapies for eye and ENT conditions.

  1. Sentiss Pharma

    Traditional pharmaceutical company operational in Ophthalmic, ENT and Inhalation segments

    Ophthalmology
    See in list
  2. Sunways

    Developer of a wide range of ophthalmic and ENT products

    Ophthalmology
    See in list
  3. Lamark Biotech

    Developer of thermostable biologics for treating diabetes and other diseases

    Ophthalmology
    See in list
  4. Allergan India

    Operator of a specialty pharmaceutical company intended to focus on the ophthalmic category. The company's produced medicines are used for the treatment of diseases such as glaucoma, dry eye, infections and inflammations, enabling patients suffering from eye problems to receive effective treatment.

    Ophthalmology
    Website
  5. Appasamy Associates

    Developer of ophthalmic instruments and pharmaceutical products

    Ophthalmology
    See in list
25 companies in India

Eye imaging, AI screening & diagnostics

AI-powered and portable devices for retinal imaging and eye disease screening.

  1. Remidio

    Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis

    Ophthalmology
    See in list
  2. Forus Health

    Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms

    Ophthalmology
    See in list
  3. Medevplus

    Developer of portable, affordable deep-tech medical devices utilizing optics and photonics technology for healthcare applications

    Imaging diagnostics
    See in list
  4. Anself Dynamics

    Developer of artificial intelligence-driven medical devices for preventive healthcare solutions

    Ophthalmology
    See in list
  5. OKO ICARE SOLUTIONS

    Developer of a device for diagnosing glaucoma

    Ophthalmology
    See in list

Eye disease & cell therapy developers

Developers of cell replacement and biologic therapies for retinal and diabetic eye conditions.

  1. Lamark Biotech

    Developer of thermostable biologics for treating diabetes and other diseases

    Ophthalmology
    See in list
  2. Eyestem

    Developer of cell replacement therapies to treat ophthamological conditions

    Ophthalmology
    See in list
  3. Diabetik Foot Care India

    Manufacturer of device for detecting diabetic neuropathy

    Diabetes
    Website
  4. Cyclops MedTech

    Provider of an AI and VR-based eye tracking solution for eye balancing and testing

    Healthcare it
    See in list
  5. Aurovue

    Manufacturer of IOL and surgical products

    Ophthalmology
    Website

Ophthalmology startups in India

Recently founded ophthalmology and eye-care startups in India.

  1. Anself Dynamics

    Developer of artificial intelligence-driven medical devices for preventive healthcare solutions

    Ophthalmology
    See in list
  2. Vlenzor Technologies

    Provider of eye care diagnostic devices

    Ophthalmology
    Website
  3. Aurovue

    Manufacturer of IOL and surgical products

    Ophthalmology
    Website
  4. V-HAB

    Provider of non invasive treatment for progressive myopia using red-light therapy

    Ophthalmology
    Website
  5. Abiezerpharma

    Provider of healthcare products and services to specialized sectors of industry

    Ophthalmology
    Website
5 companies in India

Ophthalmology companies hiring in India

Ophthalmology companies in India with open roles.

  1. Sentiss Pharma

    Traditional pharmaceutical company operational in Ophthalmic, ENT and Inhalation segments

    Ophthalmology
    See in list
  2. Appasamy Associates

    Developer of ophthalmic instruments and pharmaceutical products

    Ophthalmology
    See in list
  3. Aurolab

    Manufacturer of high quality ophthalmic consumables

    Ophthalmology
    See in list
  4. Remidio

    Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis

    Ophthalmology
    See in list
  5. Nayam Innovations

    Developer of an artificial implantable intraocular lens to treat cataracts

    Ophthalmology
    See in list
8 companies in India
The business behind the activity

Ophthalmology financials in India

Revenue, profit and growth from the filed annual accounts of 24 ophthalmology companies in India for FY24-25 — 27 of the 41 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 83% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,960.38 cr

24 companies filing accounts

combined net profit₹405.26 cr

20.7% aggregate margin

are profitable71%

17 of 24 companies

median revenue~₹19.2 cr

the typical company

median revenue growth+10%

into FY24-25

earned by the top five83%

revenue concentration

Six-year view

Combined revenue of filing companies

₹1,162.72 crFY19-2021 filers
₹1,232.91 crFY20-2122 filers
₹1,706.83 crFY21-2223 filers
₹1,528.29 crFY22-2322 filers
₹2,764.87 crFY23-2425 filers
₹1,960.38 crFY24-2524 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 21 companies over three years

+28%
FY22-23₹1,523.40 cr₹350.88 cr net
FY23-24₹1,737.45 cr₹354.32 cr net
FY24-25₹1,953.41 cr₹405.31 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr425% profitable
₹1–10 cr667% profitable
₹10–100 cr1080% profitable
₹100–1,000 cr4100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking9
0–20%7
20–50%4
50–100%1
Doubled+2

23 companies with accounts for both years; median growth +10%.

Profitability

Profit is concentrated at the top

17profitable
7loss-making
20.7%aggregate margin
5.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
BioMedixBIOMEDIX OPTOTECHNIK AND DEVICES PRIVATE LIMITED+45%₹151.58 cr
HIS EyenessHis Eyeness Ophthalmics Private Limited+28%₹52.92 cr
Biotech Vision CareBIOTECH VISION CARE PRIVATE LIMITED+25%₹317.33 cr
LifelineiolLIFELINE MEDICAL DEVICES PRIVATE LIMITED+16%₹30.52 cr
Forus HealthFORUS HEALTH PRIVATE LIMITED+13%₹51.71 cr
Sentiss PharmaSENTISS PHARMA PRIVATE LIMITED+12%₹579.02 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Sentiss PharmaSENTISS PHARMA PRIVATE LIMITED32.5%₹579.02 cr
Care GroupCAREGROUP SIGHT SOLUTION PRIVATE LIMITED26.8%₹519.78 cr
BarrierBreak SolutionsBARRIERBREAK SOLUTIONS PRIVATE LIMITED22.3%₹41.88 cr
Biotech Vision CareBIOTECH VISION CARE PRIVATE LIMITED20.4%₹317.33 cr
Omni LensOMNI LENS PVT LTD17.3%₹58.53 cr
BioMedixBIOMEDIX OPTOTECHNIK AND DEVICES PRIVATE LIMITED11.5%₹151.58 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Ophthalmology22₹1,952.17 cr~₹25.0 cr68%20.7%
Leaders

Largest ophthalmology companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Sentiss PharmaSENTISS PHARMA PRIVATE LIMITED₹579.02 cr₹187.91 cr32.5%+12%
Care GroupCAREGROUP SIGHT SOLUTION PRIVATE LIMITED₹519.78 cr₹139.20 cr26.8%+12%
Biotech Vision CareBIOTECH VISION CARE PRIVATE LIMITED₹317.33 cr₹64.81 cr20.4%+25%
BioMedixBIOMEDIX OPTOTECHNIK AND DEVICES PRIVATE LIMITED₹151.58 cr₹17.49 cr11.5%+45%
Omni LensOMNI LENS PVT LTD₹58.53 cr₹10.12 cr17.3%-6%
HIS EyenessHis Eyeness Ophthalmics Private Limited₹52.92 cr−₹4.89 cr-9.2%+28%
RemidioREMIDIO INNOVATIVE SOLUTIONS PRIVATE LIMITED₹51.86 cr−₹11.28 cr-21.8%+10%
Forus HealthFORUS HEALTH PRIVATE LIMITED₹51.71 cr₹5.20 cr10.1%+13%
BarrierBreak SolutionsBARRIERBREAK SOLUTIONS PRIVATE LIMITED₹41.88 cr₹9.36 cr22.3%-6%
LifelineiolLIFELINE MEDICAL DEVICES PRIVATE LIMITED₹30.52 cr₹2.00 cr6.6%+16%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full ophthalmology landscape of India maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the ophthalmology landscape of India
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Ophthalmology funding and M&A across India

52 recorded equity rounds have gone to 52 ophthalmology companies in India — how much, at which stage, into which sub-sectors, from whom, and how India compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months1

US$0k

equity rounds, last 24 months4

US$10.89m

raised over five yearsUS$42.22m

21 rounds in India

M&A deals, India2

last 24 months

Capital by year

Equity funding into ophthalmology in India

amount rounds
$7.3m20187
$1.4m20197
$3.4m20204
$4.3m20217
$8.6m20224
$18m20232
$154k20244
$11m20254

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2023, with US$18.27m across 2 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$142k3 rounds · median US$47k
SeedUS$4.75m13 rounds · median US$156k
Series AUS$6.40m1 rounds · median US$6.40m
Series BUS$30.93m4 rounds · median US$10.00m
Where the money went · five years

Most-funded sub-sectors

OphthalmologyUS$41.90m16 rounds · 7 companies
Imaging diagnosticsUS$323k5 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

2Acquisition

Most active acquirers

  1. Sunways1
  2. Inviga Healthcare Fund (IHF)1

Most acquired or merged

  1. Indoco remedies1
  2. Forus health1

Each deal appears in the events strip at the top of the page.

Ophthalmology funding in India

10 ophthalmology companies in India have recorded equity funding, US$71.33m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind ophthalmology companies in India. 28 of 41 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring ophthalmology in India and nearby markets.

Coming soon