Fine Feather
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Fine Feather - overview
Established
2010
Location
Ahmedabad, Gujarat, India
Primary Industry
Healthcare Specialists
About
Fine Feather, based in India, specializes in dental care services, offering a wide array of treatments designed to enhance oral health and aesthetics for diverse patients. Their network spans multiple cities, ensuring quality dental solutions are accessible. Fine Feather, headquartered in Ahmedabad, India, operates as a dental clinic providing specialized and general dental services. The firm was founded in 2010 by Keval Shah and Manish Sharma.
Over the years, the company has successfully completed three funding deals, with the latest being a venture funding round in February 2021, where they raised INR 20. 03 million from Acquara Investment India Private Limited and the Centre for Innovation, Incubation and Entrepreneurship. As of now, Fine Feather has a total amount raised of INR 20. 03 million and a current valuation of INR 37.
56 million. Fine Feather Dental provides a comprehensive range of dental services addressing both general and specialized oral health needs. Their offerings include braces, painless root canals, dental implants, dentures, crowns and bridges, full mouth reconstructions, children's dentistry, teeth whitening, aligners, veneers, and treatments for TMJ disorders and gum diseases. The clinic serves over 150,000 satisfied patients across 13 clinics located in cities such as Ahmedabad, Nadiad, Baroda, Gandhinagar, and Mumbai, supported by a team of over 50 skilled dentists committed to utilizing advanced technology.
In the most recent fiscal year of 2023, Fine Feather Dental reported a revenue of INR 719,670. 30. The company also recorded an EBITDA of INR -113,895. 80 for the same year.
Their revenue generation model is focused on direct payments from patients for various services, which include consultations and dental treatment procedures, underpinned by a transparent pricing structure and an annual dental health plan that offers consultations and discounts. Fine Feather aims to expand its reach and enhance its service offerings in the coming years. The recent funding round, which raised INR 20. 03 million in February 2021, is intended to bolster their expansion efforts, including potential new product launches and geographic market expansions.
Specific plans for the near future include entering additional cities in India and enhancing their service technology. This strategic growth is aimed at capturing a larger market share in the dental care sector and providing comprehensive solutions to meet increasing patient demands.
Current Investors
IIMA Ventures, Acquara Investment India Private Limited
Primary Industry
Healthcare Specialists
Sub Industries
Dental Products & Services
Website
www.finefeather.in
Company Stage
Series B
Total Amount Raised
Subscriber access only
Fine Feather - timeline of key events
Fine Feather - financials
| Fiscal Year Ended | Mar 31, 2011 | Mar 31, 2012 | Mar 31, 2013 | 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) | 410,000 | 2,257,076 | 9,242,331 | 10,746,223 | 19,567,052 | 32,566,410 | 36,566,198 | 42,754,540 | 40,274,586 | 38,388,533 | 26,752,860 | - | - | - |
| % Revenue Growth (YoY) | - | 450.5% | 309.5% | 16.3% | 82.1% | 66.4% | 12.3% | 16.9% | (5.8%) | (4.7%) | (30.3%) | - | - | - |
| EBITDA (USD) | (124,961) | (1,599,100) | (386,017) | 1,581,342 | 2,959,644 | 4,559,157 | 443,107 | 6,944,408 | 5,598,024 | (4,221,531) | (11,015,094) | - | - | - |
| Operating Income (USD) | (183,000) | (2,017,969) | (1,337,034) | 503,314 | 1,792,086 | 1,314,027 | (2,744,771) | 2,887,389 | 837,594 | (8,767,740) | (15,753,839) | - | - | - |
| Operating Margin | (44.6%) | (89.4%) | (14.5%) | 4.7% | 9.2% | 4.0% | (7.5%) | 6.8% | 2.1% | (22.8%) | (58.9%) | - | - | - |
| % EBITDA Margin | (30.5%) | (70.8%) | (4.2%) | 14.7% | 15.1% | 14.0% | 1.2% | 16.2% | 13.9% | (11.0%) | (41.2%) | - | - | - |
| NET Income (USD) | (183,000) | (2,111,570) | (1,771,473) | 1,182,687 | 857,210 | 135,031 | (2,818,973) | 950,974 | 483,743 | (13,624,923) | (17,288,981) | - | - | - |
| % Net Margin | (44.6%) | (93.6%) | (19.2%) | 11.0% | 4.4% | 0.4% | (7.7%) | 2.2% | 1.2% | (35.5%) | (64.6%) | - | - | - |
Fine Feather - employee data
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