Kedaara Capital Invests $200M in Tynor Orthotics for Global Expansion
By Business Desk
Kedaara Capital injects $200 million into Tynor Orthotics, an Indian orthopaedic firm, to fuel global expansion and enhance manufacturing capabilities.
Kedaara Capital just dropped $200 million into Tynor Orthotics Private Limited, an India-based company focused on orthopaedic supports.
This strategic investment aims to scale Tynor’s global reach and bolster its manufacturing capabilities.
Tynor’s Global Footprint
- $200 million: Kedaara Capital’s investment amount.
- Founded in 1993: Tynor’s establishment year.
- 60 countries: Tynor’s product distribution reach.
- Over 100 million people served globally.
- 3 manufacturing facilities, spanning 6.5 lakh sq. ft.
- Distribution through 300,000+ retail outlets and 8,000 hospitals.
The deal sees Kedaara partnering with Tynor’s promoters, Dr. P.J. Singh and A.J. Singh, its management, and long-term strategic partner Thuasne.
Their shared vision is to transform Tynor into a global orthotics and wellness platform, leveraging India’s growing medical devices sector.
Partners Align for Growth
Thuasne, a partner for over 15 years, confirmed its support, noting a shared goal to improve access to quality orthopaedic solutions in India.
This collaboration will combine Tynor’s entrepreneurial drive with Kedaara’s scaling expertise and Thuasne’s international orthopaedic background.
Notably, this transaction marks the end of Lighthouse Funds’ eight-year partnership with Tynor.