Dantech Digital Dental Solutions secures ₹21 crore in funding to expand operations

Dantech Digital Dental Solutions has raised ₹21 crore ($2.5 million) in funding from a group of investors. The funding round included contributions from Gunavanth Vaid, Unicornus Maximus, Shagun Capital Ventures, Wow Investments, Ten Eighty Investments, the promotor family of Tablets India, and a consortium of dentists.

The new capital will be used to expand Dantech’s domestic production capacity, broaden its product offerings, and enter key international markets. The company has a presence in North America, Europe, and Asia, and aims to strengthen its position in the global dental technology industry.

Founded by Dr Shivashankar Mahadevan and Varun Gunaseelan, Dantech specialises in dental prosthetics. Dr Mahadevan is a dentist with decades of experience in custom dental prosthetics. Varun Gunaseelan, CEO and Managing Director, is a third-generation entrepreneur in the dental business.

“Our journey began with a vision to revolutionise the dental industry, inspired by my grandfather’s (Dr. B.P. Rajan) unwavering dedication to providing exceptional care,” said Varun Gunaseelan. “With this new funding, we are excited to accelerate our growth and bring our innovative products to more dentists worldwide.”

The company’s focus on developing and manufacturing technology-enabled medical devices aligns with India’s “Make in India” initiative. By leveraging its technological expertise and lower cost structure, Dantech aims to compete with global players and boost domestic manufacturing of dental products.

“Dantech’s commitment to quality, innovation, and dentist-centric care sets it apart,” said Dr Gunaseelan Rajan, Chairman of the Board. “We are confident that this investment will propel us to new heights and solidify our position as a leading player in the dental technology market.”