Company Overview
Tynor Orthotics Private Limited, founded in 1993, is a leading manufacturer and exporter of orthopedic solutions, headquartered in India. The company was established to address the high costs and limited availability of orthopedic appliances. Over the years, Tynor has grown into a prominent entity in the orthopedics sector, committed to becoming a global healthcare brand. The company focuses on preventative and curative orthopedic solutions.
Product and Service Offering
Tynor's product line is categorized under three main brands, each tailored to specific health and lifestyle needs:
- Tynor Cure: Produces items that aid in healing and recovery.
- Tynor Life: This line focuses on self-care and comfort to enhance daily living.
- Tynor Sport: Offers athletic gear that balances protection and performance enhancement.
These products are crafted through extensive research and development to ensure personalized comfort and support.
Key Achievements and Milestones
- 1997: Started its first production unit.
- 2016: Achieved a turnover of ₹100 crores with a new production facility.
- 2018: Acquired private equity funding from Lighthouse, bolstering market position.
- 2022: Became the leading orthopedic brand in six countries.
- 2024: Plans to open a new manufacturing facility, "T MED," to enhance its global production capacity.
Financial and Strategic Insights
Tynor has raised approximately $22.7 million through two funding rounds, with significant contributions from Lighthouse Funds and the Thuasne Group. The company's valuation is estimated at $123 million. Currently, Temasek is considering an investment, indicating confidence in Tynor’s strategic growth and market potential.
Leadership and Governance
The leadership team, pivotal in Tynor’s growth, includes Dr. P.J. Singh as Director and Chairman, setting the tone for innovation and global outreach. Mr. Abhaynoor Singh is the Strategic Director, focusing on expanding Tynor's footprint in consumer healthcare.
Contact Information
For customer inquiries, Tynor can be contacted via their hotline at 1800-1212-656 or via email at support@tynor.in. Additional corporate information and insights are available on their [corporate profile](https://www.tynorstore.com/corporate-profile).
Social Media Presence
Tynor actively engages with its audience on social media platforms like [LinkedIn](https://in.linkedin.com/company/tynor-orthotics) and [Instagram](https://www.instagram.com/tynorofficial/), promoting its brand message: "Limitless Life with the Right Ortho Body Support."
Market Position and Competitors
Global Competitors
- DJO Global: Offers a varied portfolio of orthopedic and rehabilitation products, positioning itself as a formidable competitor.
- DeRoyal: Specializes in medical and surgical accessories, enhancing its competitive stance in orthopedic solutions.
- Johnson & Johnson: A multinational leader with a comprehensive range of healthcare products.
Indian Competitors
- GPC Medical: Known for affordable orthopedic instruments, presenting direct local competition.
- GST Corporation Ltd (GSTCL): Diversified healthcare solutions including orthopedic products.
- Narang Medical: Offers cost-effective medical supplies, reinforced by an established distribution network.
Alternative Solutions
- Mueller Sports Medicine and ACE Brand: Provide support products for athletic injuries.
- Bauerfeind AG and Ossur: Renowned for cutting-edge orthotic and prosthetic solutions, adding competitive pressure globally.
Recent Developments
Tynor Orthotics is reportedly exploring potential acquisitions, with Temasek contemplating an investment for a minority stake valued at approximately ₹900 crore. This indicates burgeoning interest and potential growth opportunities in the orthotics sector, enhancing Tynor's market stature and product development capabilities.
