Nayam Innovations

Nayam Innovations

The company aims to use its patented technology to provide cataract treatment at one-tenth the present cost, and with better outcomes. Learn more

Launch date
Employees
Market cap
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Enterprise valuation
€364—545k (Dealroom.co estimates May 2015.)
Pune Maharashtra (HQ)
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DateInvestorsAmountRound
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N/A

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$100k

Seed
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N/A

Early VC
Total Funding€90.9k

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Nayam Innovations is an intellectual property-driven medical device startup with a mission to eliminate unnecessary blindness worldwide. The company specializes in developing a novel customization technology platform that allows patients and surgeons to personalize intraocular lenses (IOLs). These lenses enable spectacle-free, LASIK-quality vision at all distances, eliminating the need for post-surgical interventions like wavefront-corrected LASIK or progressive spectacles.

Nayam Innovations serves a diverse range of clients, including post-LASIK cataract patients and those undergoing bottom-of-the-pyramid MSICS (Manual Small Incision Cataract Surgery). The company operates in the medical device market, focusing on ophthalmology and vision correction.

The business model revolves around custom manufacturing of IOLs using a unique cast molding methodology. This approach allows for the correction of both lower and higher-order aberrations, offering customizations such as multimodality, higher-order aberration correction, extended depth of focus, and near vision correction.

Nayam Innovations generates revenue by selling these highly specialized, customized IOLs to eye care professionals and surgical centers. The company also seeks to collaborate with experts in polymer chemistry, optical engineering, instrumentation, medical device regulatory affairs, and optometry to further its mission.

Keywords: intraocular lenses, LASIK quality vision, custom manufacturing, ophthalmology, vision correction, cataract surgery, aberration correction, medical device, spectacle-free, personalized lenses.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.