COMPANY INTELLIGENCE PROFILE
WEHEAR INNOVATIONS PRIVATE LIMITED
WeHear Innovations is an Indian hearing-healthcare / consumer-electronics startup (DPIIT-recognized) headquartered in Ahmedabad, Gujarat, operating the "WeHear" brand.
WeHear Innovations, founded on 26 February 2021, is a DPIIT-recognized Indian startup headquartered in Ahmedabad, Gujarat. The company operates in the consumer electronics sector, focusing on hearing healthcare devices through its WeHear brand. Notable products include lifestyle-oriented and medical-adjacent bone-conduction hearing devices. In FY2025, it reported ~₹10.5 crore in revenue, representing a significant 135-138% YoY growth. The company has no registered charges or credit ratings, and no legal proceedings were found against it.
AI-generated, may contain errors.
Business Overview
- WeHear Innovations is an Indian hearing-healthcare / consumer-electronics startup, DPIIT-recognized, headquartered in Ahmedabad, Gujarat, operating the "WeHear" brand.
- It develops and sells hearing-related lifestyle and medical-adjacent devices sold via an online D2C platform: (1) WeHear — a preventative "lifestyle" hearing product using bone-conduction technology aimed at ear-health-conscious consumers, and (2) HearNU — described as a patented, non-surgical bone-conduction device positioned as an alternative to surgery for conductive hearing loss/conditions like microtia.
- Stated mission references the WHO's projection of ~2.5 billion people with hearing loss by 2030, aiming to reduce stigma around hearing aids through inclusive design.
- FY2025 revenue reported at ~₹10.5 Cr with ~135-138% YoY growth, source: company website wehear.in; TheCompanyCheck; Tofler.
- Note: one director on record is Peyush Bansal, co-founder/CEO of Lenskart, suggesting a Lenskart-linked strategic investment/incubation, though the official website does not explicitly state a Lenskart parent relationship — treat this link as partial/unconfirmed for ownership purposes.
Sector & Classification
Consumer electronics & durables / Electronics-Electrical Equipment Manufacturing (NIC main activity group C — Manufacturing); Tofler tags it under "Manufacturing of Machinery & Equipment" (source: TheCompanyCheck, Tofler)
Directors & Key Management
Directors — source notes
8 directors on record (source: Tofler, cross-checked against TheCompanyCheck which lists the same 8 names without DINs): - Kanishka Rakeshkumar Patel — DIN 07840071 — Managing Director / Shareholder - Devangbhai Mahendrabhai Brambhatt — DIN 08992229 — Additional Director / Shareholder - Kevin Dineshbhai Narola — DIN 07321627 — Additional Director - Harbir Singh Banga — DIN 05313332 — Director - Raj Vijay Shah — DIN 07128040 — Director - Kirit Harilal Shah — DIN 00175193 — Director - Peyush Bansal — DIN 02070081 — Director (also co-founder/CEO of Lenskart) - Jitendrakumar Amritlal Shah — Director (DIN not obtained; listed by TheCompanyCheck but not found with DIN on Tofler's visible free page)
GST Registrations
Not obtained. Multiple lookup attempts (knowyourgst.com, findgst.in, mastersindia.co) returned 404/500 errors or required a confirmed GSTIN to query — none could be independently verified within reliable sources accessed. PAN AACCW8915D (Tofler) is available but no specific GSTIN, home-state registration count, or GST status could be confirmed. Do not infer a GSTIN from the PAN.
Financials
WEHEAR INNOVATIONS PRIVATE LIMITED saw a significant revenue increase of approximately 135-138% YoY to ₹10.5 Cr in FY2025. However, net profit fell by around 79.75% YoY. The company's net worth nearly doubled, growing by about 109.8%, with total assets reaching ₹2,464.8 Lakh, up 96.91% YoY. Borrowings decreased by approximately 60.49% to ₹21.5 Lakh.
AI-generated, may contain errors.
| FY2025, year ended March 2025, per Tofler, balance sheet figures, and TheCompanyCheck (revenue), standalone, in INR Lakhs unless noted: | |
| Revenue | ~₹10.5 Cr (~₹1,050 Lakh), +135–138% YoY, TheCompanyCheck: "₹10.5 Crore, 135% YoY"; Tofler: "Total Revenue Growth 138.35%", revenue range ₹10-25 Cr band |
| Net Profit (PAT) | declined ~79.75% YoY (Tofler) — absolute PAT figure not disclosed, behind Tofler Pro paywall, — not obtained |
| EBITDA | not obtained |
| Equity Capital | ₹1.4 Lakh |
| Reserves | ₹2,240.5 Lakh |
| Net worth | grew ~109.8% YoY (Tofler); absolute figure not obtained but implied ~₹2,242 Lakh, Equity + Reserves |
| Borrowings | ₹21.5 Lakh, down ~60.49% YoY (Tofler) |
| Trade Payables | ₹124.7 Lakh |
| Total Assets | ₹2,464.8 Lakh, +96.91% YoY |
| Cash & Equivalents | ₹1,305.4 Lakh |
| Inventories | ₹361.8 Lakh |
| Note | exact absolute PAT/EBITDA and prior-year comparatives are paywalled on Tofler Pro and were not independently obtained elsewhere — partial confidence on profitability figures. |
Funding History
- Not obtained.
- No funding round names, investor names, or amounts could be verified — WebSearch budget for this session was exhausted before dedicated funding-news queries, Entrackr/Inc42/Moneycontrol, could be run, and direct WebFetch attempts against search engines returned no usable content.
- The presence of Peyush Bansal (Lenskart) as a director is suggestive of a strategic/angel investment but is not confirmed as a funding round in any source reviewed.
Loans & Charges
- No registered charges/borrowings on record beyond the general balance-sheet "Borrowings" line of ₹21.5 Lakh, source: Tofler, TheCompanyCheck: "Charges & Borrowings: None registered".
- No charge-holder details (banks/NBFCs) found — treat as unencumbered per available records.
Legal & Compliance
- No matching results on Indian Kanoon for "Wehear Innovations" — no court cases or legal proceedings found as of the check date.
Competitive Landscape
- Named peers in the hearing-aid / hearing-health D2C and bone-conduction device space, rough scale tags, approximate, not verified against WeHear's exact figures:
- Signia (Sivantos/WSA) — global hearing-aid major, large scale
- Starkey India — global hearing-aid major, large scale
- Phonak (Sonova) — global hearing-aid major, large scale
- Bacterin/Bonebridge-type surgical alternatives, Cochlear Ltd, bone-anchored hearing systems, — global medtech, large scale
- Saregama Carvaan-style hearing-adjacent consumer audio — not a direct competitor, omitted
- Indian hearing-aid retail chains: Hearing Solutions, Beltone India — mid-scale regional players
- D2C Indian hearables/health-tech startups, e.g., boAt's health line, Noise, — larger consumer-electronics scale, partial overlap only in "lifestyle hearing" category
- Note: this competitor set is inferred from category, hearing aids / bone-conduction hearing devices, rather than confirmed via a source explicitly naming WeHear's competitors
- Treat as indicative, not verified.
Frequently Asked Questions
What does WeHear Innovations do?
WeHear Innovations is an Indian hearing-healthcare and consumer-electronics startup headquartered in Ahmedabad, Gujarat. It develops and sells hearing-related lifestyle and medical-adjacent devices through an online D2C platform, including products such as a bone-conduction lifestyle hearing product and a non-surgical bone-conduction device for conductive hearing loss.
When was WeHear Innovations incorporated?
WeHear Innovations was incorporated on 26 February 2021.
What is the Corporate Identification Number (CIN) of WeHear Innovations?
The Corporate Identification Number (CIN) of WeHear Innovations is U31909GJ2021PTC120671.
Where is the registered office of WeHear Innovations located?
The registered office of WeHear Innovations is located at 805, Supath Apartment, Vijay Char Rasta, Navrangpura, Ahmedabad, Gujarat, India to 380009.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.