TI Medical

What TI Medical does

TI Medical is the medical-device platform of India's Murugappa Group, established in 2005 as a joint venture between Tube Investments of India and Premji Invest (TII holds 67%, Premji Invest 33%). The company manufactures and distributes surgical consumables, advanced wound-care products, and endosurgery and energy devices for hospitals and clinicians, operating sub-brands Lotus (sutures, meshes, haemostats, skin staplers, wound care), Lotus Endosurgery (GI and thoracic staplers), Ubersonic (surgical energy platforms including Ubersonic Synergy), and Medicura (medical disposables). Its anchor manufacturing asset is a 60,000 sq. ft. facility in Dehradun with Class 10,000 clean rooms and EtO sterilization, supplemented by a Medicura IV cannula plant in Ambala; Lotus Surgicals was acquired for Rs 348 crore in March 2023 as the platform's founding deal.

The company runs an enterprise B2B model, selling directly to hospitals and clinicians through a 200+ sales-associate field force that reaches 1,000+ hospitals across 10+ countries and 30,000+ surgeons, supplemented by brand-specific e-commerce storefronts. Pricing is contract-negotiated and not publicly disclosed, and there is no software or data component to the offering. Recent operating activity has centered on product launches (Ubersonic Synergy, Premium Suture Range, HIPOM hernia mesh in 2025), senior leadership appointments (CEO Prashant Krishnan in Jan 2025, CFO Govind Malpani in Jul 2025, plus a three-executive expansion in Aug 2025), and brand-building through industry awards and CEO thought-leadership under the 'Make in India, Make for the World' positioning. Revenue figures are not disclosed and the company remains a privately held subsidiary within the Murugappa Group ecosystem.

Name

TI Medical

Legal name

TI Medical

Website

https://timedical.com

Company type

Private

Founded year

2005

Operating status

Operating

Short description

TI Medical is a Murugappa Group MedTech platform that manufactures surgical consumables, wound-care products, staplers, and surgical energy devices for hospitals and clinicians across India and 10+ countries, selling through a 200+ strong direct sales force reaching 1,000+ hospitals.

Ownership category

akta.pro rank

Product category

Surgical Medical Devices

NAICS

Surgical and Medical Instrument Manufacturing (339112), Surgical Appliance and Supplies Manufacturing (339113)

SIC

Surgical & Medical Instruments & Apparatus (3841), Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Single-Use Surgical Devices & Procedure Packs (Disposable instruments, drapes, kits) (HLAHADAM)

Keywords

• Surgical consumables
• Wound care devices
• Endosurgery instruments
• Medical disposables
• Surgical energy devices

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Medical Device Sales (Hardware): TI Medical generates revenue primarily through the sale of medical and surgical devices including sutures, meshes, haemostats, staplers, surgical energy devices, hernia repair meshes, and medical disposables. Products are sold to hospitals and clinicians through direct sales channels and sales associates.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

TI Medical is a manufacturer and supplier of surgical medical devices, including surgical consumables, wound care products, and endosurgery and surgical energy devices. The company operates four product brands—Lotus (surgical consumables), Lotus Endosurgery (laparoscopic instruments and wound care), Ubersonic (ultrasonic surgical energy devices), and Medicura (surgical stapling, hernia meshes, and gynecology)—serving 1,000+ hospitals and 30,000+ surgeons across India and 10+ international markets.

Product overview

TI Medical is a Murugappa Group medical devices platform offering a comprehensive portfolio of surgical devices through multiple sub-brands: Lotus (wound closure, suturing, meshes, haemostats, skin staplers, wound care), Lotus Endosurgery (GI and thoracic stapling solutions including linear cutters and circular staplers), Ubersonic (surgical energy platforms including High Performance and Synergy), and Medicura (medical disposable devices). The company operates a 60,000 sq. ft. advanced manufacturing facility in Dehradun with Class 10,000 clean rooms and EtO sterilization. TI Medical serves 1,000+ hospitals globally with 10+ medical devices across 30,000+ surgeons, targeting hospitals and clinicians with its 'One Stop Solution' for medical and surgical needs under the 'Make in India, Make for the World' strategy.

Differentiator

Problem solved

Functional benefit

Brands

• Lotus: 17-year-old surgical device brand with 60,000 sq. ft. manufacturing facility in Dehradun featuring Class 10,000 clean rooms and EtO sterilization. Portfolio includes sutures, meshes, haemostats, ligation, skin staplers, and wound care products.
• Lotus Endosurgery
• Ubersonic
• Medicura

Products and services

• Lotus (Surgical Consumables) Flagship TI Medical brand offering surgical consumables used by surgeons and hospitals across India and international markets.
• Lotus Endosurgery TI Medical's laparoscopic and endoscopic surgery brand offering instruments and wound care products for minimally invasive surgical procedures.
• Ubersonic
• Medicura
• HIPOM Hernia Repair Mesh Hernia repair mesh for surgical treatment of hernias, intended for use by general and laparoscopic surgeons in hospitals.
• Premium Suture Range Premium range of sutures for soft tissue closure in surgical procedures, used by surgeons across hospital settings.
• Ubersonic Synergy Ultrasonic surgical energy device platform designed for cutting and coagulation during surgical procedures.

Quantifiable outcome

• Reaches 1000+ hospitals with 200+ sales associates across 10+ countries
• +1 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• India Medical Consumables Holdings Limited (Samara Capital)minorStrategic or Co-development PartnerIndia Medical Consumables Holdings Limited (a Samara Capital entity) and other shareholders sold 100% equity of Lotus Surgicals to the TII-Premji Invest joint venture. This was the first step in establishing the MedTech platform partnership between Tube Investments and Premji Invest.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Healthium Medtech: India's leading surgical consumables company (formerly Sutures India) manufacturing sutures, meshes, wound care, and arthroscopy devices. Directly comparable to TI Medical's Lotus wound closure franchise and competes for the same Indian hospital procurement contracts.
• Hindustan Syringes & Medical Devices (HMD): India's largest manufacturer of disposable syringes and needles with growing medical device portfolio. Comparable as an Indian medical disposables player with hospital channels and similar Make-in-India positioning.
• Trivitron Healthcare: Indian medical technology company offering products across imaging, in-vitro diagnostics, and surgical consumables. Comparable as a diversified Indian MedTech platform targeting hospitals, similar in scope to TI Medical's multi-category approach.
• Poly Medicure: Indian medical devices company specializing in disposables including IV cannulas, syringes, and infusion sets. Comparable as a Make-in-India medical disposables manufacturer targeting hospitals, directly overlapping with TI Medical's Medicura portfolio.
• Meril Life Sciences: Indian medical device manufacturer with diversified portfolio across surgical sutures, orthopedics, cardiovascular, and endosurgery. Comparable as a homegrown Indian MedTech platform targeting hospital customers with both consumables and capital equipment, similar to TI Medical.

Broad incumbents

• Medtronic: Global MedTech leader with significant presence in surgical stapling (via Covidien heritage) and energy devices. A broad incumbent whose surgical portfolio directly competes with TI Medical's Lotus Endosurgery and Ubersonic product lines.
• Baxter International: Global medical products company with hospital products franchise including surgical solutions and IV/infusion disposables. Comparable as a broad incumbent supplying consumables to hospitals, overlapping with TI Medical's Medicura and Lotus wound closure portfolios.
• B. Braun: Global medical and pharmaceutical devices company with extensive surgical sutures, wound care, and disposables portfolio. A broad incumbent serving hospitals with consumables comparable to TI Medical's offerings.
• Johnson & Johnson (Ethicon): Global market leader in surgical sutures, staplers, and energy devices through its Ethicon division. The dominant incumbent across virtually all of TI Medical's product categories (sutures, meshes, staplers, energy), serving the same surgeon and hospital customer base globally.
• Smith & Nephew: Global medical devices company with advanced wound management and surgical franchises. Comparable as an incumbent in wound care and surgical devices, overlapping with TI Medical's Lotus wound closure portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/timedical1

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TI Medical