Radar · Traditional Medical Devices in Maharashtra
Best Traditional Medical Devices Companies in Maharashtra, India
The 69 best Traditional Medical Devices companies in Maharashtra, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Famy Care.
By Riya SenguptaFinancials
69companies tracked
$41.5Mdisclosed funding
0unicorns
4have raised
FLIAR INTELLIGENCE · TRADITIONAL MEDICAL DEVICES × MAHARASHTRA
Our analysis of 50 Traditional Medical Devices companies
$5.7b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
88%cloud-native stacks
2025funding peak (by rounds)
2016median founding year
49median Fliar Index™
51kcombined LinkedIn audience
82%of audience held by top 3
3companies hiring publicly (12 mo)
Ranked: Best Traditional Medical Devices companies in Maharashtra
| # | Company | Revenue | Revenue YoY | Disclosed funding | Employees | Founder | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | My HealthSkape Provider of medical devices | $34M FY2025 | +5% | — | — | Monish Bhachoo Owner | WordPressMySQLPHP+15 | — |
| 2 | Famy Care Provider of women health products like contraceptives, intrauterine devices, tubal rings and… | $33M FY2025 | -8% | $40M | 17 | Sanjeev Taparia Managing Director | — | — |
| 3 | Janak Healthcare Janak Healthcare Pvt. Ltd was established in the year 1951. | $20M FY2022 | — | — | 189 | — | — | — |
| 4 | Helmier Provider of medical devices and equipment for anesthesia, critical care, rehab | $17M FY2025 | +19% | — | — | Sagar Radhakrishnan Co-Founder & Chief Sales Officer | WordPress Block EditorWordPressMySQL+19 | — |
| 5 | Hemant Surgical Industries Manufacturer of dialyzer, fistula needle, heparin solution, face masks, sanitizers, catheter & infudion sets | $13M FY2025 | +2% | — | 67 67 → 86 (+28%) | Hanskumar Shah Founder & CEO & Managing Director | PHPZohoCodeIgniter+25 | 1 launch |
| 6 | Adeshwar Meditex Manufacturer of sterile surgical wound dressing products and medical disposables | $10M FY2025 | +5% | — | 21 | Mulchand Talati Founder | WordPressMySQLPHP+19 | — |
| 7 | Alan Electronic Systems Manufacturer of electronic medical equipment | $10M FY2025 | +33% | — | 154 | Suresh Iyer Founder And Managing Director | WordPressMySQLPHP+24 | — |
| 8 | AGD Biomedicals Automated clinical chemistry analyzers | $8M FY2025 | +12% | — | 24 | Ashish Pradhan Founder & Managing Director | WordPressMySQLPHP+28 | 3 job openings · 2 launchs |
| 9 | Delta Lens Provider of ophthalmic lenses | $8M FY2022 | +21% | — | — | Kavin Motani CEO | Apache HTTP ServerTypekitMicrosoft 365+4 | — |
| 10 | Illusion Dental Laboratory Standalone dental care clinic | $7M FY2016 | +40% | — | 25 | Sameer Merchant Owner | ZohoPHPLaravel+20 | 1 launch |
| 11 | Centenial Surgical Suture Manufacturer of atraumatic surgical sutures and medical devices | $6M FY2025 | +5% | — | 243 | Vijay Majrekar Managing Director | WordPressMySQLPHP+16 | — |
| 12 | Manman Manufacturing Manufacturer of orthopedic drill machines, power tools, and surgical instruments | $3M FY2022 | — | — | — | — | YouTubeNginxOpenResty+6 | — |
| 13 | Contech Instruments Manufacturer of laboratory balances, chemical instruments, and optical instruments | $3M FY2025 | +11% | — | — | Vijay Dani Owner & Director | Google MapsYouTubeGSAP+8 | — |
| 14 | Endosys Healthcare Manufacturer of medical devices | $3M FY2025 | — | — | 25 | Devang Mehta Managing Director | — | — |
| 15 | AVI Healthcare Manufacturer of neonatal and respiratory medical equipment | $3M FY2025 | +48% | — | 46 | Chirag Gala Founder & Co-CEO | Zoho | — |
| 16 | Ideal Gas Springs Manufacturer and supplier of gas springs for various industries including automotive, industrial, and… | $3M FY2025 | +17% | — | 39 | Mahesh Goliwadekar Co Founder- Director | PHPGoogle MapsYouTube+11 | — |
| 17 | Nasan Medical Manufacturer of ICU equipment specializing in cardiology-centric devices | $2M FY2025 | -7% | — | 175 | Yashwant Samant CEO | BootstraptoastrLiteSpeed+9 | — |
| 18 | Newtec A range of respiratory care products | $1M FY2022 | — | — | 24 | Akshay Panjabi Founder & MD | WordPressMySQLPHP+17 | — |
| 19 | Coloreyes Provider of contact lenses and vision products | $1M FY2025 | -12% | — | — | Atul Gada Managing Director | Cart FunctionalityWooCommerceWordPress+26 | — |
| 20 | Komal Health Care Provider of CCTV, computer hardware, and software solutions | $1M FY2025 | +30% | — | 11 | Labhubhai Goti Co-Founder & MD | — | — |
| 21 | Elite Surgical Provider of surgical products and accessories for medical centers and hospitals | $1M FY2022 | — | — | 12 | — | — | — |
| 22 | Biolinx India Manufacturer of biosafety cabinets, freezers, and other medical devices | $914K FY2025 | +7% | — | — | Girish Nair Founder | WordPressMySQLPHP+24 | — |
| 23 | Nidhi Surgicals Manufacturer and exporter of agro products, spices, salts, and animal feed | $771K FY2025 | -33% | — | — | Manish Shanghavi CEO & Director | — | — |
| 24 | George Philips Manufacturer of catheter, pressure monitoring & infusion therapy devices | $704K FY2025 | +374% | $1M | — | Philip George CEO & Managing Director | WordPressMySQLPHP+22 | — |
| 25 | Avi Products India Manufacturer of dental and ice cream equipments | $588K FY2025 | -2% | — | 6 | Avinash Vora Managing Director | WordPressMySQLPHP+7 | — |
| 26 | Action Medical Manufacturer of polyethylene water and septic tanks | $462K FY2025 | +44% | — | 9 | Haren Shah Founder & Director | — | — |
| 27 | Kraft Surgicals Manufactures a portfolio Surgical Instruments and Equipments | $452K FY2025 | +88% | — | — | Rahul j CEO | — | — |
| 28 | Anaesthetics India Portfolio of respiratory and other healthcare equipment | $407K FY2024 | — | — | — | Nivedita Nitin Koppiker Co-Founder | YouTubeApache HTTP ServerGoogle Font API+3 | — |
| 29 | Blue Phoenix Technologies Medical device company specializing in the design, manufacturing, and marketing of medical devices | $279K FY2025 | +18% | — | — | Dipen Shah Co-Founder | — | — |
Top 4 Traditional Medical Devices companies in Maharashtra
#1
Seed · Pune, Maharashtra · founded 2020$162.4Kraised▾
Seed · Pune, Maharashtra · founded 2020
Company focused on advancing surgical care through innovative medical devices. Its other products include Surgical Instruments, Automated Devices, Robotic Surgery and Prototyping.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 6.3% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Quality & Clinical Validation Lead
Funding rounds
- Jan 2025Seed$228.5K
- Nov 2024Seed$17.8K
- Apr 2024Seed$101.9K
- Mar 2023Seed$60.6K
Founders & team
Investors
Startups at Venture Center, DERBI Foundation, Campus Angels Network, Bael Trust, Cavinkare, Skclpropertymanagement
Tech stack
WixReactGoogle CloudPolyfillLodashPriority Hints
#2
Acquired · Mumbai, Maharashtra · founded 1990 · 17 employees$40Mraised▾
Acquired · Mumbai, Maharashtra · founded 1990 · 17 employees
Provider of women health products like contraceptives, intrauterine devices, tubal rings and hormone-replacement therapy products. It is a healthcare company manufacturing Intra Uterine Devices, Tablets, Injections, condoms etc.
Funding rounds
- Apr 2010PE$40M
Founders & team
Investors
AIF Capital, Orizaba, Permanent Magnets
Tech stack
Windows ServerMicrosoft Asp.NetIis
#3
Early Stage · Ambernath, Maharashtra · founded 1995$1.3Mraised▾
Early Stage · Ambernath, Maharashtra · founded 1995
Manufacturer of catheter, pressure monitoring & infusion therapy devices
Funding rounds
- Mar 2012Unattributed$1.4M
Founders & team
Investors
SICOM
Tech stack
WordpressMysqlPhpAstraWoocommerceElementor
#4
Seed · Pune, Maharashtra · founded 2018 · 10 employees—raised▾
Seed · Pune, Maharashtra · founded 2018 · 10 employees
Web hosting panel simplifying server, website, and app management. It offers a comprehensive and user-friendly GUI for web professionals to manage web, DNS, mail, and other services. The platform intelligently manages servers, apps, websites, and hosting businesses on both traditional and cloud hosting environments. It provides tools for simple and secure web server, website, and web apps management. It caters to the needs of web professionals, offering a suite of features to streamline their workflows. It also offers WordPress management capabilities, providing visibility into the health of WordPress websites and protecting them with flexible updates management. This is a SaaS platform designed to empower users with efficient and effective hosting solutions.
Funding rounds
- May 2020Angel—
Founders & team
Tech stack
WordpressMysqlPhpGoogle MapsColibri WpWp Google Map Plugin
Funding & investor landscape
$41.5Mtotal disclosed funding
3companies funded
6disclosed rounds
0rounds last 90 days
Most active investors
Bael Trust1 rounds
Orizaba1 rounds
Notable founders
Nikhil Mamoria
Founder & CEO · DeNovo
Sanjeev Taparia
Managing Director · Famy Care
Philip George
CEO & Managing Director · George Philips
Atul Kherde
Founder & Director · Sushrut Designs
Prism market signals · India · country-scoped Prism corpus, 6,113,832 docs
Market landscape — 10 sub-themes by coverage
Share of Traditional Medical Devices coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
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.
research sentiment over time
201720222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 52% → 71% across 2017–2026.
top research entities
- 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
leading researchers
Akash Sharma · Gaurav Luthra · M. P. Venkatesh · Ranjit Barua · Asokan Thondiyath · J. V. Alamelu · Vedant Vashist · Neil Banthia
▲
Breakthroughs69 · 15%
▼ 30%→15% share
▼0.5× share momentum0 median citations81% since 2021mostly methods-led
Breakthroughs are cooling (30%→15% of field), led by Health care.
rising sub-themes (early→recent)
- Health care1→11
- Surgical robot2→10
- Robot1→8
- Biomedical engineering1→6
- Field (mathematics)2→5
Newly emergingRobotics 0→5 · Wireless 0→5
Landmark Interim safety analysis of the first-in-human clinical trial of the Versius surgical system, a new robot-assisted device · 59 cites
◆
Advancements154 · 33%
▲ 10%→35% share
▲3.5× share momentum0 median citations83% since 2021mostly reviews
Advancements are rising (10%→35% of field), led by Surgical robot.
rising sub-themes (early→recent)
- Surgical robot5→27
- Health care3→24
- Robotic surgery3→19
- Robot6→22
- Robotics3→16
Newly emergingDrug delivery 0→21 · 3D printing 0→9 · Drug 0→9
Landmark Disinfection and Sterilization Using Plasma Technology: Fundamentals and Future Perspectives for Biological Applications · 314 cites
▼
Concerns120 · 26%
▼ 30%→24% share
▼0.8× share momentum0 median citations72% since 2021mostly position pieces
Concerns are cooling (30%→24% of field), led by Health care.
rising sub-themes (early→recent)
- Health care1→16
- Quality (philosophy)1→11
- Robotics2→10
- Biomedical engineering3→9
- Robotic surgery2→7
Newly emerging3D printing 0→5 · Medical care 0→5 · Invasive surgery 0→5
Landmark Bio-Medical applications of Additive Manufacturing: A Review · 74 cites
RESEARCH HOTSPOTS · India
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.
Delhi-NCR30 · +0.30
Chennai26 · +0.50
Mumbai9 · +0.17
Bengaluru8 · +0.14
Hyderabad7 · +0.39
Pune6 · +0.15
PATENT SIGNAL · India
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.
5,739 filings6,294 assigneespeak 780/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Tata Consultancy Services793
- POLY Medicure559
- Cipla270
- Meril LIFE Sciences170
- SUN Pharmaceutical IND144
- Lupin119
- Indian INST Scient82
- General Electric72
Common questions
How many Traditional Medical Devices companies are there in Maharashtra, India?
Radar tracks 69 indexable Traditional Medical Devices companies headquartered in Maharashtra, India, India, that meet our profile-completeness bar.
What is the total funding raised by Traditional Medical Devices companies in Maharashtra, India?
The Traditional Medical Devices companies in Maharashtra, India on this list have raised a combined $41.5M in disclosed equity funding across 3 funded companies.
Which is the highest-funded Traditional Medical Devices company in Maharashtra, India?
Famy Care is the highest-funded Traditional Medical Devices company in Maharashtra, India, with $40M in disclosed equity funding.
How many Traditional Medical Devices companies in Maharashtra, India are funded?
3 of the 69 Traditional Medical Devices companies in Maharashtra, India on this list have disclosed at least one equity funding round.
How many Traditional Medical Devices unicorns are there in Maharashtra, India?
None of the Traditional Medical Devices companies in Maharashtra, India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Maharashtra, India Traditional Medical Devices companies?
The most active investors in Maharashtra, India Traditional Medical Devices companies on this list include AIF Capital, Anjana Software Solutions, BIRAC, Bael Trust, Campus Angels Network.
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.