Last deal

Amount

Private Equity

Stage

01.01.2019

Date

2

all rounds

$22.9M

Total amount

date founded

Financing round

General

About Company
Healthium Medtech manufactures and markets wound closure products, urology products and minimally invasive solutions.

Industry

Sector :

Subsector :

Also Known As

Sutures India

founded date

01.01.1992

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company has 6 manufacturing locations around the world, 2,600+ employees, and exports to over 50 countries. It is the largest independent medical devices company in India and the 2nd largest in the surgical consumables market. Healthium holds 35 patents and has sold 30 new products since fiscal year 2018. The company's vision is to provide access to precision medtech to every patient globally, and it is trusted by over 200,000 healthcare professionals worldwide.
Contacts
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M&A Details
2

Acquired by

Kohlberg Kravis Roberts

announced date

24.04.2024

Financials

Funding Rounds
2
2

Number of Funding Rounds

$22.9M

Money Raised

Their latest funding was raised on 01.01.2019. Their latest investor TPG Growth. Their latest round Private Equity

Date 
Funding Round 
Investors 
Money Raised 
Lead 
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Acquisitions
3
Acquiree Name 
Date 
Price 
Acquisition Name 
CareNow Medical acquired by Healthium Medtech

CareNow Medical acquired by Healthium Medtech

acquirer

Healthium Medtech
Healthium Medtech

date

01.09.2021

type

Acquisition
CareNow Medical

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CareNow Medical manufactures health and hygiene products aimed at preventing infections.

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Location

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AbGel acquired by Healthium Medtech

AbGel acquired by Healthium Medtech

acquirer

Healthium Medtech
Healthium Medtech

date

03.08.2021

type

Acquisition
AbGel

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AbGel is a Mumbai-based manufacturer of surgical hemostatic sponges made from highly purified neutral gelatin.

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VitalCare acquired by Healthium Medtech

VitalCare acquired by Healthium Medtech

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date

07.07.2021

type

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People

Founders
1
L G Chandrasekhar
L G Chandrasekhar

L G Chandrasekhar

L G Chandrasekhar is the Founder of Healthium Medtech.

current job

Healthium Medtech
Healthium Medtech

organization founded

1

L G Chandrasekhar

Employee Profiles
9

Anuj Shah

Dgm - international business

Rajesh Kaushik

Vice president - supply chain

Dr Ashok Moharana

Dr Ashok Moharana

Chief Medical Officer

Kankana Barua

Kankana Barua

Group CHRO

Anish Bafna

Anish Bafna

Chief Executive Officer and Managing Director

Paul Cook

Paul Cook

CEO

Vishal Maheshwari

Vishal Maheshwari

Group CFO

L G Chandrasekhar

L G Chandrasekhar

Founder

Activity

Recent News
8
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range

month