CareNow Medical Pvt. Ltd
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CareNow Medical Pvt. Ltd - overview
Established
2010
Location
Coimbatore, Tamil Nadu, India
Primary Industry
Healthcare
About
Based in Coimbatore, India, and founded in 2010, CareNow Medical Pvt. Ltd, a part of Healthium Medtech Limited (formerly known as Healthium Medtech Private Limited), is a MedTech company that manufactures infection prevention and control and wound management products serving the healthcare Industry. In September 2021, Healthium Medtech Pvt. Ltd.
, a portfolio company of Apax Partners and Quinag Acquisition (FDI) Limited, acquired CareNow Medical Pvt Ltd. The firm serves markets in India, US, and Europe. The company's products include anti-microbial oral hygiene, patient bathing wipes, incision cleansing swabs and wipes, advanced wound dressing, hand hygiene solutions, surface disinfection wipes, self-disinfecting textiles such as protective sheets, air masks, reusable sanitary pads, and other repellants, patient and doctor kits that aid in hygiene and infection prevention.
Current Investors
Healthium Medtech Limited
Primary Industry
Healthcare
Sub Industries
Healthcare, Medical Devices & Equipment
Website
www.carenowmedical.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
CareNow Medical Pvt. Ltd - timeline of key events
CareNow Medical Pvt. Ltd - financials
| Fiscal Year Ended | Mar 31, 2014 | Mar 31, 2015 | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 14,432,087 | 28,248,462 | 47,995,984 | 73,344,111 | 112,142,043 | 138,668,937 | 206,352,466 | 438,309,312 | - | - | - |
| % Revenue Growth (YoY) | - | 95.7% | 69.9% | 52.8% | 52.9% | 23.7% | 48.8% | 112.4% | - | - | - |
| EBITDA (USD) | 1,701,292 | 5,749,787 | 11,964,407 | 14,834,729 | 26,628,122 | 23,710,771 | 72,593,009 | 134,032,939 | - | - | - |
| Operating Income (USD) | 1,152,118 | 4,012,960 | 9,118,828 | 11,851,348 | 23,055,989 | 14,505,786 | 61,832,973 | 122,392,823 | - | - | - |
| Operating Margin | 8.0% | 14.2% | 19.0% | 16.2% | 20.6% | 10.5% | 30.0% | 27.9% | - | - | - |
| % EBITDA Margin | 11.8% | 20.4% | 24.9% | 20.2% | 23.7% | 17.1% | 35.2% | 30.6% | - | - | - |
| NET Income (USD) | 767,390 | 2,176,685 | 5,384,884 | 6,860,759 | 13,654,126 | 5,761,562 | 40,287,503 | 87,204,853 | - | - | - |
| % Net Margin | 5.3% | 7.7% | 11.2% | 9.4% | 12.2% | 4.2% | 19.5% | 19.9% | - | - | - |
CareNow Medical Pvt. Ltd - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | CareNow Medical Pvt. Ltd | - |
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CareNow Medical Pvt. Ltd - employee data
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