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Remidio Innovative Solutions

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Remidio is engaged in designing & developing disruptive imaging technologies in vision care

Bengaluru, IndiaFounded 2009Health Tech & Medtech
Valuation $0–100M Latest valuation · 2023
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Remidio Innovative Solutions and the history behind them.

About Remidio Innovative Solutions

Remidio Innovative Solutions Private Ltd. is a medical technology company focused on enhancing healthcare access through the development of ophthalmic imaging devices. Founded in 2009 by Dr. Anand Sivaraman and Pramod Kummaya, the Bengaluru-based firm aims to decentralize comprehensive eye testing. The company's creation was sparked by a chance meeting on a train between Dr. Sivaraman, a chemical engineer with a PhD from MIT and experience at ReaMetrix, and Dr. Anand Vinekar, a pediatric ophthalmologist who highlighted the challenge of expensive imaging equipment in India. This conversation led to the development of accessible technologies to combat preventable blindness.

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Remidio's core business revolves around designing and manufacturing portable, easy-to-use ophthalmic devices integrated with artificial intelligence and telemedicine capabilities. The company's flagship product is the Fundus on Phone (FOP), a smartphone-based non-mydriatic fundus camera that captures high-quality retinal images without requiring pupil dilation. This device empowers a wide range of users, from ophthalmologists and primary care physicians to minimally trained healthcare workers and volunteers, to conduct retinal exams in diverse settings, including clinics, emergency rooms, and remote rural centers. The business model involves the sale of these hardware devices, which are often bundled with their cloud-based platform, Remidio Connect, for data management and telehealth consultations.

The company’s product suite is distinguished by its integration of offline AI algorithms. The Medios AI platform can analyze retinal images on the device to detect indicators of various eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration (AMD) in seconds, without needing an internet connection. This is a critical feature for deployments in areas with poor connectivity. The AI provides heat maps and clinical-grade reports to aid in early detection and timely referrals. Remidio has received regulatory approvals for its devices and AI, including FDA 510(k) in the US and CDSCO in India, and has impacted millions of patients across more than 40 countries.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2009
Headquarters
Bengaluru, India
Employees
229
Open positions
13
Dealroom signal
77.5/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Client focus
b2b

Latest news

Press, funding announcements and product moves mentioning Remidio Innovative Solutions.

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Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
GRANTOther financing Jun 2026 $0 Bill & Melinda Gates Foundation
LATE VCEquity / VC Feb 2023 $20M $81M Sun Pharmaceutical Industries
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Remidio Innovative Solutions website traffic

Latest recorded traffic for Remidio Innovative Solutions is 9.5K monthly website visits, down 32.1% over the last three months. Remidio Innovative Solutions's team grew 12.3% over the past year.

Latest monthly visits9.5K 3-month web change-32.1% 1-year team growth+12.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Bill & Melinda Gates Foundation

Series A1 investor entered at this stage

  • Cipher Plexus

Series B and later1 investor entered at this stage

  • Sun Pharmaceutical Industries

Other known investors1 additional known investor

  • Rajat K.
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇮🇳 India94.3%
🇺🇸 United States2.8%
🇸🇬 Singapore1.1%
🇦🇪 United Arab Emirates0.6%
🇨🇭 Switzerland0.6%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Remidio Innovative Solutions on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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