Affordmed

Critical Care | OT | Cardiology | Orthopedics | Neurology | Laparoscopy | Diagnostics

General Information
Company Name
Affordmed
Founded Year
2007
Location (Offices)
Secunderabad, India +1
Founders / Decision Makers
Number of Employees
22
Industries
Health Care, Manufacturing, Medical Devices
Funding Stage
Debt Financing
Social Media

Affordmed - Company Profile

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.

Taxonomy: Medical Devices Sector, Healthcare Solutions, Critical Care, End-to-End Solutions, Affordable Medical Devices, Emerging Markets Presence, Hospitals, Medical Institutions, India, Diagnostics, Orthopedics, Cardiology, Neurology, OT, Laparoscopy

Funding Rounds & Investors of Affordmed (8)

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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

View All 8 Funding Rounds

Latest News of Affordmed

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No recent news or press coverage available for Affordmed.

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