Aurolab - About the company
Aurolab is a late stage company based in Madurai (India), founded in 1992 by Bala Krishnan. It operates as a Manufacturer of high quality ophthalmic consumables. Aurolab has raised an undisclosed amount in funding from Ideaship. The company has 77 active competitors, including 10 funded and 20 that have exited. Its top competitors include companies like Perfuse Therapeutics, IRIDEX and MicroSurgical Technology.
Company Details
Aurolab, an integral part of the Aravind Eye Care System manufactures high quality ophthalmic consumables such as intra-ocular lenses, surgical sutures, pharmaceutical products, surgical blades and equipments. Its products are exported to 130+ countries worldwide, with focus markets like India, Africa, Latin America, Central America and Southeast Asia. The company has altered the eye-care industry by bringing down the price of the intra-ocular lens down to a tenth of international prices in the late 1990s and grown to market its products across 130+ countries.
- Website
- aurolab.com
- Registered Address
- K-56 M I D CTARAPUR INDUSTRIAL AREA, THANE, Maharashtra, India, 401506
Key Metrics
Founded Year
1992
Location
Madurai, India
Stage
Late Stage
Latest Funding Round
Investors
Ranked
26th among 77 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
104 as on Aug 31, 2025
Similar Companies
Legal entities associated with Aurolab
Aurolab is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AUROLAB FOUNDATION CIN: U86909TN2023NPL161532 , India, Active | Jun 29, 2023 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | - | |
AURO LABORATORIES LIMITED CIN: L33125MH1989PLC051910 , India, Active | May 26, 1989 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 104 (As on Aug 31, 2025) |
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Aurolab's funding and investors
Aurolab has raised funding over 1 round. Its latest funding round was a PE round on Jul 14, 2020 for $*****. 1 investor participated in its latest round. Aurolab has 1 institutional investor.
Here is the list of recent funding rounds of Aurolab:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 14, 2020 | 5093636 | PE | 5917361 | 7368733 | 9242520 | 8564483 |
View details of Aurolab's funding rounds and investors
Aurolab's founders and board of directors
Founder? Claim ProfileThe founders of Aurolab is Bala Krishnan.
Here are the details of Aurolab's key team members:
- Bala Krishnan: Founder & Managing Director of Aurolab. Contact Info: 1 email address
View details of Aurolab's Founder profiles and Board Members
Aurolab's employee count trend
Aurolab has 104 employees as of Aug 25. The total employee count is 3.0% lower than what it was in Aug 24. Here is Aurolab's employee count trend over the years:
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Aurolab's Competitors and alternates
Top competitors of Aurolab include Perfuse Therapeutics, IRIDEX and MicroSurgical Technology. Here is the list of Top 10 competitors of Aurolab, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Perfuse Therapeutics 2018, San Francisco (United States), Acquired | Developer of therapies to treat eye disorders | - | 49/100 | |
2nd | IRIDEX 1989, Mountain View (United States), Public | Manufacturer of ophthalmic laser systems and surgical instruments for eyes | - | 47/100 | |
3rd | MicroSurgical Technology 1976, Redmond (United States), Acquired | Develops a portfolio of Surgical tools for Ophthalmic surgeries | - | - | 47/100 |
4th | Dopavision 2017, Berlin (Germany), Series A | Developer of a digital therapeutic for myopia | $17.4M | 45/100 | |
5th | Oertli Instrumente 1955, Berneck (Switzerland), Unfunded | Developer of ophthalmology medical device | - | - | 44/100 |
6th | Keeler 1917, Windsor (United Kingdom), Unfunded | A portfolio of ophthalmic devices | - | - | 44/100 |
7th | Lalji International 2018, Ahmedabad (India), Unfunded | Manufacturer of disposable medical drapes and surgical gowns. The company produces a variety of products for various medical applications, including ophthalmology, gynecology, and general surgery. These products are designed for single-use and contribute to maintaining a sterile environment during procedures. The manufacturing process emphasizes quality control to ensure the safety and efficacy of the products. The company's offerings also include hospital beds and related furniture. | - | - | 42/100 |
8th | Lamellar 2007, Glasgow (United Kingdom), Series C | Develops patented medical devices and pharmaceuticals based on mimetics of extra-alveolar lamellar bodies | $18.4M | 42/100 | |
9th | Ziemer Ophthalmology 2005, Basel (Switzerland), Series B | Portfolio of devices for refractive and corneal surgery | $17.4M | 40/100 | |
10th | Katena 1975, Tampa (United States), Acquired | Ophthalmic surgical products for sight restoration, clinician support, and patient care | $7.5M | 40/100 | |
26th | Manufacturer of high quality ophthalmic consumables | - | 31/100 |
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Aurolab's Investments and acquisitions
Aurolab has made no investments or acquisitions yet.
Reports related to Aurolab
Here is the latest report on Aurolab's sector:
News related to Aurolab
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Kubota Vision Secures Multiple eyeMO Device AgreementsMedical Product Outsourcing•Feb 29, 2024•Kubota Vision, Aurolab, IQVIA
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