Althion Tech Innovations Pvt. Ltd.
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Althion Tech Innovations Pvt. Ltd. - overview
Established
2017
Location
Hyderabad, Telangana, India
Primary Industry
Medical Devices & Equipment
About
Founded in 2017 and based in Telangana, India, Althion Tech Innovations Pvt. Ltd. operates as a medical equipment company that focuses on developing IoT-enabled medical devices. The company was founded by Surya Rao.
In November 2024, Althion Tech Innovations Pvt. Ltd. raised INR 36 million in pre-series A funding led by BioAngels. Althion Tech Innovations specializes in the development of IoT-enabled medical devices aimed at addressing critical healthcare challenges, particularly in the areas of ultra-pure water for kidney dialysis and laboratory settings.
The company’s flagship product line focuses on ultra-pure water systems, which are essential for facilitating dialysis treatments, home dialysis equipment, ICU dialysis equipment, type 1 ultra-pure water units, type 2 ultra-pure water units, and type 3 ultra-pure water units. Althion's revenue structure is based on direct sales of its medical equipment and devices, as well as potential partnerships with healthcare institutions. The company plans to utilize the funding raised in November 2024 to increase its research and development of sustainable renal dialysis solutions, build a larger facility to scale operations, and pilot the production of 40 units of its tabletop laboratory water purifying system.
Current Investors
BioAngels, Centre For Cellular And Molecular Platforms, ATAL INCUBATION CENTRE
Primary Industry
Medical Devices & Equipment
Sub Industries
Monitoring Equipment
Website
www.althion.in
Verticals
HealthTech, IoT (Internet of Things), Manufacturing
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
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