Biorad Medisys
Pune-headquartered medical device manufacturer operating through three business units — Orthovasive (orthopedic implants), Neurovasive (neurovascular/peripheral-vascular devices) and Indovasive (endourology/gastroenterology/urology consumables) — with manufacturing facilities in Pune and Bengaluru.
Biorad Medisys: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 15 May 2024 | Private Equity | ₹400 Cr | Kotak Strategic Situations India Fund II | source |
| 16 Mar 2016 | Private Equity | ₹50 Cr (~$7.4 Mn) | InvAscent | source |
Recent Signals
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8 Jul 2026 · financial
Biorad Medisys in talks to raise ₹400 Cr pre-IPO round at ~₹10,000 Cr valuation, engages CLSA India, ICICI Securities, Nuvama for IPO seeking ~₹1,500 Cr source -
28 May 2026 · growth-traction
Biorad Medisys revenue grows 52.4% to ₹557.0 Cr in FY25 source -
4 Sep 2025 · market-expansion
Biorad Medisys completes ReShape asset acquisition, enters US market via new subsidiary Medtimo Inc. source -
21 Jul 2025 · ma-strategic
Biorad Medisys acquires Swiss urology/gastroenterology distributor Marflow as part of global expansion source -
16 Oct 2024 · financial
ICRA: Kotak's ₹400 Cr commitment to Biorad Medisys was structured as Optionally Convertible Debentures, funding debt repayment, capex and the gastroenterology-segment acquisition source -
9 Jul 2024 · ma-strategic
Biorad Medisys agrees to acquire Lap-Band, Obalon and DBSN device assets from US-listed ReShape Lifesciences for up to $5.16M source
News on Biorad Medisys
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Who founded Biorad Medisys?
Biorad Medisys was founded by J M Hegde, Suchitra Hegde in 2000.
How much funding has Biorad Medisys raised?
Biorad Medisys has raised $55.55 Mn across 2 tracked funding round(s), most recently on 2024-05-15. Figures are compiled from cited public sources.
Who are the investors in Biorad Medisys?
Investors in Biorad Medisys include Kotak Strategic Situations India Fund II, InvAscent.
What does Biorad Medisys do?
Pune-headquartered medical device manufacturer operating through three business units — Orthovasive (orthopedic implants), Neurovasive (neurovascular/peripheral-vascular devices) and Indovasive (endourology/gastroenterology/urology consumables) — with manufacturing facilities in Pune and Bengaluru.
Where is Biorad Medisys headquartered?
Biorad Medisys is headquartered in Pune, Maharashtra, India.
What is Biorad Medisys's business model?
Biorad Medisys's core value proposition centers on Orthovasive — orthopaedic solutions, Neurovasive — interventional care, Indovasive — endoscopic solutions.
How does Biorad Medisys make money?
Biorad Medisys's cited revenue streams include Device & consumable product sales, Rapid revenue growth track record, Export market sales, Regulated & competitively-priced domestic sales.