Best Ophthalmology Companies in India
The 41 best Ophthalmology companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Remidio.
- Growth Foreseen for Ophthalmology Sector
Ranked: Best Ophthalmology companies in India
| # | Company | Revenue | Disclosed funding | Revenue YoY | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Lalji International Manufacturer of disposable medical drapes and surgical gowns. | $196M FY2025 | — | +18% | — | Avinash Ahir CEO | — | — | — |
| 2 | Sentiss Pharma Traditional pharmaceutical company operational in Ophthalmic, ENT and Inhalation segments | $149M FY2025 | — | +43% | 501 | — | WordPressMySQLPHP+15 | 71 patents Formulating and sterilizing ophthalmic and otic drug combos for glaucoma, infections, and ear care | — |
| 3 | Appasamy Associates Developer of ophthalmic instruments and pharmaceutical products | $103M FY2025 | — | -7% | 3,110 3,110 → 1,646 (-47%) | Ramamoorthy Alagarsamy Founder & Co-Owner | WebflowYouTubeUploadcare+17 | 10 patents Advanced ophthalmic microscope illumination devices and pupil‑dilating pharmaceutical formulations. | — |
| 4 | Care Group Manufacturer of intraocular lenses and ophthalmic surgical devices. | $61M FY2025 | — | +13% | 1,835 | Jagrat Dave Founder & Co-Owner & Managing Director | WordPressMySQLPHP+21 | — | — |
| 5 | Biotech Vision Care Developer of ophthalmic surgical and eye care products | $54M FY2025 | — | +24% | 672 | — | — | 11 patents Extended-depth-of-focus intraocular lenses providing continuous-range refractive vision | — |
| 6 | BioMedix Provider of electronic medical devices primarily for Ophthalmology | $13M FY2023 | — | — | 122 | Ranjan Bhandary Managing Director | Wix eCommerceWixSentry+12 | — | — |
| 7 | Remidio Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis | $7M FY2025 | $25M | +14% | 153 153 → 228 (+49%) | Anand Sivaraman Co-Founder & Chief Executive Officer | WebflowApple iCloud MailMicrosoft 365+13 | — | 1 launch |
| 8 | HIS Eyeness Developer of eye drops to treat infections and inflammations | $6M FY2025 | $980K | +28% | 103 103 → 81 (-21%) | — | BootstrapGSAPLiteSpeed+12 | — | — |
| 9 | Forus Health Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms 69Innovation top 25%Moat top 27%Patents top 31%Product top 32% All 12 signals ▾Innovationtop 25% Moattop 27% Patentstop 31% Producttop 32% Fundingtop 33% Newstop 36% Talenttop 38% Markettop 40% Fin. healthtop 40% Growthtop 42% Globalbottom 44% Techbottom 43% Innovation: 41 patents (top 30% of patent-holders) · 14 filings since 2022 vs 9 in 2017-21 Moat: Top 19% by revenue among 27 tracked Ophthalmology companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 69/100 | $6M FY2025 | $18M | +13% | 121 | Shyam Vasudevarao Co-Founder & Director | WordPressMySQLPHP+23 | 41 patents Annular/toroidal illumination for portable retinal and fundus imaging systems | 1 launch |
| 10 | BarrierBreak Solutions Provider of technology solutions for people with disabilities | $5M FY2025 | — | -7% | 235 235 → 306 (+30%) | — | WordPress Block EditorVisual ComposerWordPress+29 | — | 2 launchs |
| 11 | Omni Lens Manufcaturer of intraocular lenses (IOLs) for cataract surgery | $5M FY2022 | — | — | 77 77 → 70 (-9%) | Bhanu Prasad Patel Founder | WordPressMySQLPHP+17 | — | — |
| 12 | Freedom Ophthalmic Manufacture of intraocular lens and surgical products | $4M FY2025 | — | -6% | — | — | WordPressMySQLPHP+28 | — | — |
| 13 | Indiana Ophthalmics Manufacturer of ophthalmic products and intra-mammary infusions for global distribution | $3M FY2024 | — | — | — | R Bhatt Founder | PHPCodeIgniterBootstrap+7 | — | — |
| 14 | Optho Life Sciences Developing products for multiple ophthalmic diseases | $2M FY2022 | — | — | 155 | Rakesh Agarwal Managing Director | — | — | — |
| 15 | Aurolab Manufacturer of high quality ophthalmic consumables | $2M FY2025 | — | -64% | 108 | Bala Krishnan Founder & Managing Director | Node.jsWindows ServerMicrosoft ASP.NET+12 | — | — |
| 16 | Epsilon Eye Care Manufacturer of ophthalmic precision surgical instruments | $2M FY2025 | — | +9% | — | Shyam Anand Managing Director | WordPress Block EditorElementorWordPress+17 | — | — |
| 17 | Nayam Innovations Developer of an artificial implantable intraocular lens to treat cataracts | $2M FY2025 | $3M | +1226% | 9 | Julia Kornfield Co-Founder | — | 12 patents Photo‑responsive shape‑changing polymers for tunable colored optical lenses | — |
| 18 | Akriti Ophthalmic Eye care products and pharmaceutical manufacturing and marketing company | $813K FY2025 | — | -68% | — | Kuldeep Raizada Founder | YolaMicrosoft ASP.NETAmazon ALB+12 | — | — |
| 19 | Sap & Pap Manufacturer of contact lenses to manage eye diseases | $672K FY2025 | — | -16% | 154 | Papri Mandal Founder | — | — | — |
| 20 | Cyclops MedTech Provider of an AI and VR-based eye tracking solution for eye balancing and testing | $609K FY2023 | $1M | +19% | 20 20 → 15 (-25%) | Ravi Nayar Co-Founder | Wix eCommerceWixSentry+14 | — | — |
| 21 | Techtran Polylenses Manufacturer of plastic ophthalmic lenses intended to serve the domestic and international market. | $557K FY2025 | — | -61% | 239 | — | — | — | — |
| 22 | Lamark Biotech Developer of thermostable biologics for treating diabetes and other diseases | $386K FY2025 | $41K | — | 8 | Vaibhav Bhatia Founder & CEO | — | 4 patents Controlled-release insulin formulations using hydrogel crystal‑seeding technology | — |
| 23 | SMR Ophthalmic Manufacturer of ophthalmic products | $264K FY2025 | — | -5% | 7 | Kiran Aroskar CEO | Google MapsGSAPApache HTTP Server+8 | — | — |
| 24 | Eyestem Developer of cell replacement therapies to treat ophthamological conditions 22Talent top 28%Product top 40%Innovation top 43%Funding top 43% All 11 signals ▾Talenttop 28% Producttop 40% Innovationtop 43% Fundingtop 43% Growthbottom 46% Moatbottom 43% Globalbottom 37% Techbottom 27% Newsbottom 27% Marketbottom 25% Fin. healthbottom 14% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Product: 2 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 22/100 | $252K FY2025 | $10M | -27% | 1 | Rajarshi Pal Co-Founder | WordPressMySQLPHP+13 | — | — |
| 25 | Medevplus Developer of portable, affordable deep-tech medical devices utilizing optics and photonics technology for… | $203K FY2025 | $80K | +72% | 18 | Sweta Patnaik Co-Founder & Director of Finance | PleskWindows ServerMicrosoft ASP.NET+7 | — | — |
| 26 | Saksin Life Biologics and biosimilars for wet AMD & other eye diseases | $150K FY2021 | $1M | — | 1 | Mahesh Pratapneni Co-Founder | — | — | — |
Top 12 Ophthalmology companies in India
#1
Series B · Bengaluru, Karnataka · founded 2010 · 121 employees$18.1Mraised▾
Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms. These devices are designed for acquiring, storing, and transmitting images of the eye's anterior and posterior segments, facilitating the diagnosis of various ocular diseases. The cloud-based platform integrates with the imaging devices, enabling remote diagnosis and efficient monitoring of patients. The company's technology aims to improve access to eye care, particularly in underserved areas. The devices are designed for ease of use and affordability, making them suitable for a wide range of healthcare settings.
- Nov 2025Series B—
- Jan 2020Series B$1.9M
- Oct 2018Series B$2.5M
- Mar 2018Series B$508K
#2
Series B · Bengaluru, Karnataka · founded 2015 · 1 employees$9.9Mraised▾
Developer of cell replacement therapies to treat ophthamological conditions. The company's product line include Eyecyte-RPE is a suspension of retinal pigment epithelium cells derived from human induced pluripotent stem cells. The therapy aims to replace damaged RPE cells in the retina, which are critical in Dry AMD, potentially arresting and reversing vision loss.
- Aug 2025Series B$10M
- Aug 2022Series A$6.4M
- May 2021Seed$479.2K
- Oct 2020Seed$1.2M
#3
Series B · Bengaluru, Karnataka · founded 2009 · 153 employees$25Mraised▾
Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis. It offers AI based portable retinal imaging devices and ophthalmic tools that help detect eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration (AMD). The devicea are alo integrated with Telehealth and cloud-based platforms for remote review, enabling screenings in diverse settings including primary care, outreach clinics, and rural areas.
- Feb 2023Series B$18.1M
- Jun 2021Series B$2.8M
- Nov 2020Grant (prize money)$10K
- Dec 2019Series B$1.1M
#4
Seed · Bengaluru, Karnataka · founded 2018 · 18 employees$80.2Kraised▾
Developer of portable, affordable deep-tech medical devices utilizing optics and photonics technology for healthcare applications. Their flagship product, IXanner 7vn, is a world's first portable OCT device that delivers advanced diagnostics anywhere. MedevPlus aims to transform eye care with its cutting-edge technology.
- Mar 2025Seed$128.3K
- Oct 2024Seed$59.1K
- May 2024Angel$55.2K
- Mar 2024Angel$39.3K
#5
Seed · Pune, Maharashtra · founded 2012 · 9 employees$2.8Mraised▾
Developer of an artificial implantable intraocular lens to treat cataracts. It offers a customization technology platform that would allow patients and surgeons to personalize intraocular lenses to enable spectacle-free LASIK-quality vision at all distances eliminating the need for any post-surgical intervention. The company's products includes E-SITE and I-SITE customized IOLs to correct any combination of lower and higher order aberrations.
- Dec 2022Seed$547.7K
- May 2022Seed$1.6M
- Sep 2021Seed$841.3K
- Jan 2021Angel$47.2K
#6
Seed · Bengaluru, Karnataka · founded 2018 · 8 employees$41.3Kraised▾
Developer of thermostable biologics for treating diabetes and other diseases. The company uses proprietary ProteoStrong platform technology that stabilizes protein-based drugs like insulin, monoclonal antibodies, and enzymes, reducing cold-chain dependency. The company targets diabetes, age-related macular degeneration, and cancer treatments.
- Jan 2025Seed$758.6K
- Apr 2023Seed$183K
- Mar 2021Seed$41.3K
#7
Seed · Bengaluru, Karnataka · founded 2017 · 103 employees$980.1Kraised▾
Developer of eye drops to treat infections and inflammations. The company offers a comprehensive portfolio of eye care products, including topical anti-infective and anti-inflammatory eye drops, dry eye treatments, preservative-free eye drops for chronic conditions like glaucoma, eyelid hygiene products, and ocular nutrients.
- Apr 2022Seed$33K
- May 2021Seed$49.9K
- Apr 2020Seed$107K
- May 2019Seed$122.5K
#8
Seed · Bengaluru, Karnataka · founded 2015 · 20 employees$1.2Mraised▾
Cyclops MedTech is the provider of an AI and VR-based eye tracking solution for eye balancing and testing. Its offers a balanced assessment tool which is a wearable (HMD) clinical device to diagnose conditions such as vertigo, migraine, epilepsy, concussion, ADHD. The company claims to build a prototype in the form of spectacles with eye-tracking cameras and sensors which can capture the required data when the attack occurs.
- Dec 2020Seed$100K
- Dec 2020Grant (prize money)—
- Jun 2018Seed$1M
- May 2016Seed$148.7K
#9
Seed · Chennai, Tamil Nadu · founded 2014 · 1 employees$1.4Mraised▾
Saksin Life is an Indian preclinical stage biopharma developing biologics and biosimilars for wet AMD & other eye diseases. Their lead candidate is a Monoclonal Antibody for Wet AMD, currently in preclinical studies.
- Jun 2018Seed$488K
- Jun 2017Seed$930.2K
#10
Deadpooled · Mumbai, Maharashtra · founded 2014 · 5 employees$189Kraised▾
Developer of smart assistive technology for the visually impaired. The company is offering a multi-lingual, smart Braille assistant called BrailleMe for providing digital access to the visually impaired. The device enables reading via a tactile screen comprising of electromechanically actuated pins (digital output), typing via a Braille keypad (input), and navigation of digital content. It works as a Braille tablet in standalone mode with an SD card or USB drive and is also as an assistive technology device on pairing with digital devices including a computer, laptop, or smartphone via Bluetooth.
- Oct 2019Seed$43.9K
- Mar 2019Seed—
- Sep 2015Seed$145.1K
#11
Seed · Nagpur, Maharashtra · founded 2019$60.2Kraised▾
OKO iCARE Solutions is a developer of a non-invasive device for diagnosing glaucoma. The anesthesia-free device is used to diagnose the early stage glaucoma in cornea non-invasively.
- 2019Seed$60.2K
#12
Acquired · Chennai, Tamil Nadu · founded 1978 · 3110 employees—raised▾
Appasamy Associates is a developer of ophthalmic instruments. The products developed are surgical instruments, equipment (laser, diagnostic, surgical, ultrasound scanner), and intraocular lens. The intraocular lens offered are PMMA (Posterior chamber lens, a posterior chamber with a square edge, anterior chamber lens, specialty lens), hydrophobic lens and hydrophilic lens. The company also develops pharmaceutical products. The company also offers finished dosage forms including drops, tablets, etc to cure retinal disorders. The products are of various therapeutic categories including anti-infective, antiallergy, antiinflammatory, etc. The company has manufacturing facilities certified by ISO 9001 and EN ISO 13485.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Ophthalmology coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Medical Devices is moving in India
A read on the academic research around Medical Devices — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 467 India-affiliated papers.
- Vellore Institute of Technology University17
- JSS Academy of Higher Education and Research15
- SRM Institute of Science and Technology10
- Indian Institute of Technology Madras10
- Hindu College of Pharmacy10
- Health care1→11
- Surgical robot2→10
- Robot1→8
- Biomedical engineering1→6
- Field (mathematics)2→5
- Surgical robot5→27
- Health care3→24
- Robotic surgery3→19
- Robot6→22
- Robotics3→16
- Health care1→16
- Quality (philosophy)1→11
- Robotics2→10
- Biomedical engineering3→9
- Robotic surgery2→7
Where medical devices is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Who's filing medical devices patents in India
India medical devices patent filing is accelerating — 5,739 filings from 6,294 assignees (2016–2025), led by Tata Consultancy Services, POLY Medicure, Cipla; annual filings 401→629.
- Tata Consultancy Services793
- POLY Medicure559
- Cipla270
- Meril LIFE Sciences170
- SUN Pharmaceutical IND144
- Lupin119
- Indian INST Scient82
- General Electric72
Common questions
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.