When was Sunways founded?

Sunways was founded in 1951 and raised its 1st funding round 71 years after it was founded.

Where is Sunways located?

Sunways is headquartered in Mumbai, India. It is registered at 804, GIDC DHOLKA, AHMEDABAD, Gujarat, India, 387810.

Which legal entities is Sunways associated with?

Sunways is associated with Sunways (india) Private Limited and 1 other.

How many employees does Sunways have?

As of Sep 30, 2026, the latest employee count at Sunways is 370.

Is Sunways a funded company?

Sunways is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Oct 21, 2022.

How much is Sunways worth?

The latest valuation of Sunways is $***** as of Oct 21, 2022.

When was the latest funding round of Sunways?

Sunways' latest funding was a $***** Series B round on Oct 21, 2022, with participation from 1 investor. Its primary sector is Traditional Pharmaceuticals. In India, the Traditional Pharmaceuticals sector has seen $800M in funding in 2026 to date.

What is the annual revenue of Sunways?

Annual revenue of Sunways is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Sunways - 2026 Company Profile, Team, Funding & Financials

Company Details

Manufacturer of ophthalmic and ENT products, along with medical devices. It provides eye drops and ointments, and supports medical education programs. The company focuses on expanding into new therapeutic areas with a commitment to addressing healthcare needs.

Website: sunways.com
Email ID: *****@sunways.com
Phone Number: +91 **********
Registered Address: 804, GIDC DHOLKA, AHMEDABAD, Gujarat, India, 387810

Key Metrics

Founded Year

1951

Location

Mumbai, India

Stage

Series B

Total Funding

$15M in 1 round

Latest Funding Round

Series B, Oct 21, 2022, $*****

Post Money Valuation

$***** as on Oct 21, 2022

Investors

InvAscent & 5 more

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

370 as on Sep 30, 2026

Investment & Acquisitions

Buyceps & 2 more

Similar Companies

Abbott & 156 more

View Sunways' full profile

Sunways is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SUNWAYS ROHTO PHARMACEUTICAL PRIVATE LIMITED CIN: U24231GJ1986PTC008689 , India, Active	May 22, 1986	₹10 - ₹50 Cr (As on Mar 31, 2025)	129 (As on Jan 31, 2025)
Sunways (india) Private Limited CIN: U85195MH1990PTC057447 , India, Active	Jul 27, 1990	₹100 - ₹500 Cr (As on Mar 31, 2025)	564 (As on Aug 01, 2025)

Sunways has raised a total funding of $15M over 1 round. Its latest funding round was a Series B round on Oct 21, 2022 for $*****. 1 investor participated in its latest round. Sunways has 1 institutional investor and 5 angel investors.

Here is the list of recent funding rounds of Sunways:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2022	3586085	Series B	7779096	9065486	3072574	2217205

Access funding benchmarks and valuations. Sign up today!

View details of Sunways's funding rounds and investors

The founders of Sunways are Anupam Shroff and Kantilal Shroff.

Here are the details of Sunways' key team members:

Anupam Shroff: Owner of Sunways.
Contact Info: 1 email address
Kantilal Shroff: Former Founder of Sunways.

Sunways' Board of Directors

Sunways's board has 6 active members. Anil Kumar Jagirdar, Anupam Kantilal Shroff and Aatish Anupam Shroff are part of team and Bhadresh Kantilal Shroff, Firaq Pankaj Shroff and Ratheen Bhadresh Shroff are independent board members.

Here is the list of Sunways' board of directors:

Name	Type	Representing	Status	Duration
Anupam Kantilal Shroff	Team	-	Current	36y 2m
afdoilp	Team	-	Current	8y 8m
Anil Kumar Jagirdar	Investor	-	Current	2y 1m
Bhadresh Kantilal Shroff	Independent board member	-	Current	36y 2m
eajtzbo	Independent board member	-	Current	8y 3m
evpdoro	Independent board member	-	Current	2y 4m

View details of Sunways's Founder profiles and Board Members

Sunways' employee count trend

Sunways has 370 employees as of Sep 26. Here is Sunways's employee count trend over the years:

Uncover Sunways' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Founders (largest shareholder) own 36.38%, Funds own 34.62% and Other People own 29.02%. The net worth of Sunways's founders is INR 126Cr as of Oct 21, 2022. The cap table displayed below is for Sunways (india) Private Limited which is the legal entity associated with Sunways.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	36.38%	126Cr	6893344	6515079	5977712	9224707
Anupam Shroff	8228120	5266314	9724361	2472802	4145199	9620766
Fund	34.62%	120Cr	7123637	7610847	5795539	9016619
InvAscent	4795613	8787849	7512961	3482046	2128833	7212114
Other People	29.02%	101Cr	5924639	9734621	2553635	2512441
Total	100.00%	347Cr	5371642	1484062	5751350	4212166

Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

Sunways has made 1 investment in Buyceps and acquired Inor Orthopaedics and Inor Medical Products.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 27, 2022	Investments	Buyceps	2017	Mumbai (India)
Feb 08, 2021	Acquisition	Inor Orthopaedics	2009	Mumbai (India)
Feb 08, 2021	Acquisition	Inor Medical Products	2021	Mumbai (India)