Affordmed is a prominent player in the medical devices sector in India, with a growing presence in other emerging markets. Established in 2007, the company specializes in providing affordable end-to-end solutions to meet the critical care, diagnostics, and medical devices needs of hospitals and medical institutions. Affordmed’s diverse product range spans across areas such as Orthopedics, Neurology, Cardiology, Laparoscopy, and more, underlining their commitment to meeting a wide range of healthcare needs. As a part of the Health Care and Manufacturing industries, Affordmed has positioned itself to capture the booming demand for affordable and high-quality medical devices and critical care solutions in India and other emerging markets. Overall, Affordmed’s steady growth, extensive product portfolio, and strong foothold in the Indian and emerging markets make it an attractive investment opportunity for venture capital firms seeking to capitalize on the burgeoning healthcare sector in these regions. While specific details about the last investment round and the involved investors are not disclosed, Affordmed's track record and positioning in the industry make it a company worth considering for investment. With the potential for expansion into new markets and the increasing focus on quality healthcare infrastructure, Affordmed holds promise as a lucrative investment prospect in the evolving landscape of the medical devices and critical care industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | INR14.00M | 1 | 29 Apr 2023 | |
Debt Financing | INR641.32K | 1 | 23 Sep 2020 | |
Debt Financing | INR1.60M | 1 | Axis Bank | 26 Oct 2017 |
Debt Financing | INR5.00M | 1 | 18 Aug 2014 | |
Debt Financing | INR719.00K | 1 | 10 Jun 2011 |
No recent news or press coverage available for Affordmed.