Gems of Indian Business
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Gems of Indian Business

Company Information

Company Name
Otic Hearing Solutions Private Limited
Year of Establishment
2009
Entity Type
Joint Venture
Nature of Business
Hearing Care Solutions & Technology
Primary Industry / Sector
Digital Hearing Care & Audiology Solutions
Corporate Office
Otic Hearing Solutions Pvt. Ltd. Sai Sangam, Office No. 706/707, 7th Floor, Plot No. 85, Sector 15, CBD Belapur, Navi Mumbai – 400614, Maharashtra, India
Digital Profiles

About

Brief Description

Otic Hearing Solutions Pvt. Ltd. is a leading hearing care company in India, established in 2009 as a joint venture with Oticon A/S, Denmark, part of the Demant Group, a global leader in hearing healthcare.

The company focuses on delivering advanced hearing solutions powered by cutting- edge technology, with a strong emphasis on improving hearing health and overall quality of life.


With a growing network of 1400+ clinics and healthcare partners across India, Otic Hearing Solutions is committed to making quality hearing care more accessible, while addressing the large gap in awareness and early adoption in the country.

About Oticon (Global Association)

Oticon is a Denmark-based hearing care company with over 100 years of legacy, built on a strong foundation of innovation and care.

Driven by the purpose of helping people live better lives through better hearing, Oticon develops life-changing technologies based on its BrainHearing™ philosophy, enabling users not just to hear better, but to understand sound more naturally.


Vinoo Raina

Director

Mr. Vinoo Raina brings over 30 years of experience in the hearing aid and hearing diagnostics industry. He has played a key role in shaping the hearing care ecosystem in India, witnessing and contributing to its growth from a nascent stage of approximately ₹5 crores to over ₹1200+ crores.

Before founding Otic Hearing Solutions, he worked with organizations like Thermax India and Alfa Laval, and has also founded and led successful ventures in the hearing care space. He has served as President of the Hearing Aid Association of India (HAAI) and continues to contribute actively to the industry and community.

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Unique Value Proposition
  • We combine global hearing care technology from Oticon (Demant Group, Denmark) with a strong understanding of the Indian hearing care landscape.
  • Our approach focuses not just on amplification, but on enabling natural hearing through advanced technology aligned with how the brain processes sound.
  • With a strong nationwide network and personalized care approach, we aim to improve both hearing ability and overall quality of life.
Key Client Segments
  • Individuals experiencing hearing loss across age groups
  • Senior citizens requiring hearing support
  • Working professionals facing hearing challenges
  • Children with hearing impairment
  • ENT specialists, audiologists, clinics, and hospitals

Operations & Impact

Total Employee Count
51–200
Annual Turnover Bracket
50–100 Cr
Facilities / Branches
CBD Belapur
Key Achievements / Milestones
  • Established in 2009 as a joint venture with Oticon A/S (Denmark)
  • Built a network of 1400+ clinics across India
  • Strong industry leadership with 30+ years of experience
  • Contributed to the growth of the Indian hearing care industry from a nascent stage to a large and growing market
  • Recognized as a preferred brand across multiple hearing care clinics in India
CSR / Sustainability
  • Promoting hearing health awareness and early diagnosis
  • Supporting initiatives for better access to hearing care services
  • Contributing to community engagement through healthcare and social initiatives
  • Encouraging improved quality of life through better hearing solutions
Geographical Reach
  • Pan-India presence through 1400+ clinics and healthcare partners
  • Strong presence in metro, tier-1, and expanding into tier-2 markets

Strategic Outlook

Looking For
  • Partnerships with ENT specialists, audiologists, and healthcare providers across tier 2 and tier 3 cities
  • Opportunities to expand into emerging and underserved markets
  • Collaborations that support hearing health awareness and early intervention
  • Strategic partners who can help improve reach and accessibility across India
Ideal Collaborations

Collaborations with:

  • ENT specialists, hospitals, and clinics across urban and non-metro markets
  • Audiology professionals and healthcare partners aligned with improving patient outcomes
  • Organizations and networks that can support awareness initiatives in tier 2, tier 3, and rural regions
  • Partners focused on expanding access to quality hearing care in underserved areas
Vision (Next 3–5 Years)

To expand access to quality hearing care across India by strengthening our network and increasing awareness, especially in tier 2, tier 3, and rural areas.

The focus is on enabling early adoption, improving accessibility, and ensuring that more people across all regions can benefit from advanced hearing solutions.

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