# Sahajanand Medical Technologies: Medical devices, Surat, India

> Sahajanand Medical Technologies: Sahajanand Medical Technologies (SMT) is a leading MedTech company based in India, specializing in the design, manufacture...

Source: https://millionrounds.com/startup/sahajanand-medical-technologies (Millionrounds; every figure on the page links to its filing or article)

India · [Medical devices startup](https://millionrounds.com/companies)

# Sahajanand Medical Technologies

Sahajanand Medical Technologies (SMT) is a leading MedTech company based in India, specializing in the design, manufacture, and marketing of minimally invasive cardiovascular devices.

Email

Funding reported Last round: Secondary market

Medical devices Surat, India

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Company summary

- **Founded:** 1998 28 years old
- **Team:** 1,000 201 to 1,000 people
- **Funding reported:** 2.3B as listed, currency not stated
- **Last round:** Secondary market Jan 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Sahajanand Medical Technologies has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Sahajanand Medical Technologies

Sahajanand Medical Technologies (SMT) is a leading MedTech company based in India, specializing in the design, manufacture, and marketing of minimally invasive cardiovascular devices.

Their product range includes drug-eluting stents, structural heart therapies, and closure occluders for congenital defects. SMT is recognized as India’s first and largest stent manufacturer, holding a significant market share in the Indian drug-eluting stent market. Founded in 2001 and converted to a public limited company in 2021, SMT operates in over 80 countries, with headquarters in Mumbai and a manufacturing facility in Surat. The company is committed to providing clinically proven healthcare solutions, validated through rigorous clinical trials and featured in prominent medical journals. SMT serves healthcare professionals, including interventional cardiologists and surgeons, as well as patients with various heart conditions. With a focus on innovation and quality, SMT aims to enhance healthcare standards and improve patient outcomes globally.

## What company datasets say Sahajanand Medical Technologies raised

Funding, as reported

Reported in all **2.3B** in the source's currency

Rounds **2**

Last round **Secondary market**

Last round size **31.2M**

Last round date **Jan 2023**

Investors listed **6**

## On 2 portfolio pages

Investors who name them

- [TR Capital](https://millionrounds.com/fund/tr-capital-group)
- [Samara Capital](https://millionrounds.com/fund/samara-capital)

Each firm lists Sahajanand Medical Technologies on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

peripheral intervention health care medical innovation occluder devices percutaneous interventions septal occluders tavi devices competitive pricing distribution manufacturing transcatheter aortic valves clinical trial publications in the lancet and jacc supraflex star patient-centric solutions patient care resources global healthcare market

Built with from their website

Google Maps Google Tag Manager DHL Font Awesome Apache YouTube CloudFlare Viewport Meta Element UI Echo

+8 more

Microsoft Excel FedEx UPS Microsoft Exchange Microsoft 365 Apps & Services Mobile Friendly Bootstrap Drupal

- **Sector:** Medical devices
- **Industry code:** NAICS 339112, SIC 3845, 3841
- **Region:** Gujarat
- **Revenue:** 120M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/sahajanand-medical-technologies)

## Medical devices in India

Startups like it

- [**Cyclops Medtech** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/cyclops-medtech)
- [**Meril** Vapi · founded 2006](https://millionrounds.com/startup/meril)
- [**Voxelgrids Innovations Pvt Ltd** Bengaluru · founded 2017](https://millionrounds.com/startup/voxelgrids-innovations-pvt-ltd)
- [**Noccarc** Pimpri-Chinchwad · founded 2017](https://millionrounds.com/startup/noccarc)
- [**EzeRx** Bhubaneshwar · founded 2018](https://millionrounds.com/startup/ezerx-2)
- [**Molbio Diagnostics** founded 2000](https://millionrounds.com/startup/molbio-diagnostics)
- [**Trivitron Healthcare** Chennai · founded 1997](https://millionrounds.com/startup/trivitron-healthcare-2)
- [**Janitri** Bengaluru · founded 2016](https://millionrounds.com/startup/janitri)

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