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Bengaluru: Dentamitra Healthcare Technologies has reported a 9x growth in revenue to Rs 1.04 crore in FY 21-22 from Rs 11.88 lakh in the previous year.
The surge can be attributed to the introduction of no-cost EMI for expensive treatments, cashless treatments with dental assurance, sales of invisible aligners, and a marketplace for Dentists. Since January 2022, Denta Mitra is cloaking a monthly revenue above 25 lakhs and managed to become profitable in 20 months.
On a mission to make Dental treatments accessible by bringing dentist to the doorstep, this Dental marketplace has served more than 8000 patients so far in more than 10 cities and have over 3000 dental partners. Parent Denta Mitra healthcare technologies is India’s first suitcase dental clinic manufacturer that builds low-cost dental clinic setups for dentists.
Launched in July 2020 during COVID-19, Denta Mitra is a state-of-art exclusive dental marketplace that operates on B2C, B2B, and D2C models.
This startup is coming from the brains of an award-winning dentist Dr.Pranjan Mitra and his childhood friend, a reputed tech entrepreneur Satyajeet Pradhan, who is also the founder of a popular digital tech startup Bizydale Nets.
Denta Mitra projects 5x growth in revenue in FY 22-23 and over 20x in the next 3 years because of upcoming product line additions in the marketplace.
“With a manufacturing facility and an exclusive online dental marketplace, we intend to scale ourselves and become a game-changer in dental healthcare. We are so overwhelmed to receive so much love and support from people and the dental community” said Satyajeet Pradhan, Co-founder, and CEO at Denta Mitra.
Dr.Pranjan Mitra, a Professor, and the co-founder, Chief Medical Officer at Denta Mitra, says “As a Dentist, I find that one of the reasons for dentistry being expensive is the high investments dentists do to set up and run a clinic. Through this exclusive marketplace, dentists’ investments are reduced to one-tenth and patients get an affordable and one-stop reach for genuine dental care.”
Despite the pandemic affecting financial statements of several companies in the last 2 years, Denta Mitra scaled at a scorching pace month on month and is a growing dental tech startup in India.