Earkart

About the Company

Earkart is a technology-driven hearing healthcare solutions provider that operates India’s largest all-brand hearing clinic network with over 1,500+ clinics across the country. Founded in 2021 by Rohit Misra and Priyadarshi Jha, the company focuses on making high-quality hearing healthcare solutions affordable and accessible through its innovative Shop-in-Shop business model within ENT and Ophthalmic clinics. The company has supplied over 100,000 hearing aids and operates proprietary technologies including the OMNI Audiometer, offering products under EQFY, Fame, and Radius brands with strong government partnerships through GeM and ALIMCO.

Strengths

• Strong financial performance with 35% revenue growth and 125% PAT growth in FY25
• Proprietary technology including OMNI Audiometer and remote programming capabilities
• Diversified product portfolio under EQFY, Fame, and Radius brands catering to different segments
• Government partnerships through GeM and ALIMCO ensuring institutional sales channels
• Innovative Shop-in-Shop model reducing operational costs and improving accessibility

Risks

• Heavy dependence on clinic network partners for distribution and customer reach
• Intense competition from established international and domestic hearing aid manufacturers
• Regulatory changes in healthcare sector could impact business operations and compliance costs
• Technology disruption risk from new entrants with advanced hearing solutions
• Concentration risk in hearing aid segment without diversification into broader healthcare services