When was Alfaleus founded?

Alfaleus was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Alfaleus located?

Alfaleus is headquartered in Hyderabad, India. It is registered at II Floor,654, Vivek Vihar,New Sanganare Road, Jaipur, JAIPUR, Rajasthan, India, 302019.

Who is the current CEO of Alfaleus?

Sandal Kotawala and Sandal Kotawala s of Alfaleus. Sandal Kotawala has also founded 1 company.

Which legal entities is Alfaleus associated with?

Alfaleus is associated with ALFALEUS TECHNOLOGY PRIVATE LIMITED.

How many employees does Alfaleus have?

As of May 31, 2026, the latest employee count at Alfaleus is 12.

Is Alfaleus a funded company?

Alfaleus is a funded company, having raised a total of $58.6K across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 18, 2021.

How much is Alfaleus worth?

The latest valuation of Alfaleus is $***** as of Mar 22, 2022.

When was the latest funding round of Alfaleus?

Alfaleus' latest funding was a $***** Grant (prize money) round on May 29, 2024, with participation from 1 investor. Its primary sector is Healthcare IT. In India, the Healthcare IT sector has seen $117M in funding in 2026 to date.

What is the annual revenue of Alfaleus?

Annual revenue of Alfaleus is less than ₹10 Cr as on Mar 31, 2025

Where does Alfaleus rank among its competitors?

Alfaleus ranks 24th amongst 110 active competitors, of which 25 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Forus Health, which secured an undisclosed amount in Nov, 2025.

Who are the top competitors of Alfaleus?

Alfaleus' top competitors include Forus Health, Remidio and Intelligent Retinal Imaging Systems. Among them, Forus Health secured the most recent funding round in November, 2025.

Alfaleus - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of a device for visual field testing. It offers portable, virtual reality based visual field perimeter designed for comprehensive visual field testing, including glaucoma screening. It is a medical technology that has developed a virtual reality based visual field perimeter for visual field testing. The product, iVA positive, is a portable solution for both doctors and patients.

Website: alfaleus.in
Social
Email ID: *****@alfaleus.com, *****@alfaleus.com
Phone Number: +91 **********
Registered Address: II Floor,654, Vivek Vihar,New Sanganare Road, Jaipur, JAIPUR, Rajasthan, India, 302019

Key Metrics

Founded Year

2018

Location

Hyderabad, India

Stage

Seed

Total Funding

$58.6K in 2 rounds

Latest Funding Round

Grant (prize money), May 29, 2024, $*****

Post Money Valuation

$***** as on Mar 22, 2022

Investors

Bioinnovation Centre & 5 more

Ranked

24^th among 110 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

12 as on May 31, 2026

Similar Companies

Forus Health & 82 more

View Alfaleus' full profile

Alfaleus is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
ALFALEUS TECHNOLOGY PRIVATE LIMITED CIN: U74999RJ2018PTC060255 , India, Active	Feb 18, 2018	0 - ₹10 Cr (As on Mar 31, 2025)	-

Alfaleus has raised a total funding of $58.6K over 2 rounds. Its first funding round was on Oct 18, 2021. Its latest funding round was a Grant (prize money) round on May 29, 2024 for $*****. 1 investor participated in its latest round. Alfaleus has 6 institutional investors.

Here is the list of recent funding rounds of Alfaleus:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 29, 2024	8434754	Grant (prize money)	7685575	7774008	3786915	3746943
Oct 18, 2021	8236029	Seed	2048423	9502258	Bioinnovation Centre	VIT-TBI

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View details of Alfaleus's funding rounds and investors

The founders of Alfaleus is Sandal Kotawala. Sandal Kotawala and Sandal Kotawala are the CEOs of Alfaleus.

Here are the details of Alfaleus' key team members:

Sandal Kotawala: Founder & CEO of Alfaleus and founder of 2 other companies, Perfios and Alfaleus Technology Private Limited. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Sandal Kotawala: Co-Founder & CEO of Alfaleus.
Contact Info: 1 email address

Alfaleus' Board of Directors

Alfaleus's board has 2 active members. Sandal Kotawala is part of team and Babita Goyal is independent board member.

Here is the list of Alfaleus' board of directors:

Name	Type	Representing	Status	Duration
Sandal Kotawala	Team	-	Current	8y 5m
Babita Goyal	Independent board member	-	Current	8y 5m

View details of Alfaleus's Founder profiles and Board Members

Alfaleus' employee count trend

Alfaleus has 12 employees as of May 26. Here is Alfaleus's employee count trend over the years:

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Top competitors of Alfaleus include Forus Health, Remidio and Intelligent Retinal Imaging Systems. Here is the list of Top 10 competitors of Alfaleus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Forus Health 2010, Bengaluru (India), Series B	Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms	$18.1M	Chiratae Ventures, Accel & 15 others	68/100
2nd	Remidio 2009, Bengaluru (India), Series B	Developer of AI-powered portable digital solutions for ophthalmic screening and diagnosis	$25M	Montane Ventures, KITVEN & 32 others	65/100
3rd	Intelligent Retinal Imaging Systems 2011, Pensacola (United States), Acquired	Telemedicine system for the early detection of diabetic eye disease	$13.3M	Ballast Point Ventures, Allumia Ventures & 1 others	60/100
4th	PeriVision 2019, Epalinges (Switzerland), Seed	SaaS and AI based vision care clinical workflow for professionals and patients	$4.69M	Swiss ICT Investor Club, DART Ventures & 11 others	58/100
5th	Heru 2018, Miami (United States), Series A	AI-based medical vision diagnostic device and platform	$36.7M	Open Opportunity Fund, Krillion Ventures & 3 others	55/100
6th	Optain 2023, New York City (United States), Series A	AI-powered retinal imaging technology for non-invasive evaluation of patients	$38M	Insight Partners, Lumio Capital & 8 others	55/100
7th	AIOptics 2020, New York (United States), Series B	Provider of AI-based digital platform and device to prevent blindness	$14.7M	Octane, HHS	49/100
8th	Topconhealthcare 2018, Oakland (United States), Unfunded	-	-	-	47/100
9th	Olleyes 2018, Summit (United States), Unfunded	Provider of a VR headset for visual field testing of patients	-	-	46/100
10th	Oivi 2017, Oslo (Norway), Seed	Online platform for tracking eye diseases through teleconsultation	$500K	Arali Ventures, Forward Slash & 5 others	46/100
24th	Alfaleus 2018, Hyderabad (India), Seed	Provider of a device for visual field testing	$58.6K	MedTech Innovator, BIRAC & 4 others	32/100

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Founders (largest shareholder) own 72.49%, Funds own 9.39% and Other People own 18.12%. The net worth of Alfaleus's founders is INR 4.35Cr as of Mar 22, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	72.49%	4.35Cr	4554453	4629119	2131634	2846119
Sandal Kotawala	7136049	4929582	3862650	4554096	2395499	8121318
Fund	9.39%	56.3L	1967075	4575685	3283313	2255081
VIT-TBI	15383	27932	62687	16876	13721	92149
Bioinnovation Centre	2573	3881	7243	2406	5636	2243
Other People	18.12%	1.09Cr	6423399	3107765	6659794	8982275
Total	100.00%	6Cr	9062378	1140578	3404569	1886187