Healthium Medtech CEO Anish Bafna Steps Down, Transitions to Non-Executive Chairman Role

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Bafna joined the company in 2018 after Apax acquired the business, then known as Sutures India.

Healthium Medtech CEO Anish Bafna has stepped down from his executive responsibilities and transitioned to the role of non-executive chairman.

The medical devices company based in Bangalore, owned by global investment firm KKR, is expected to appoint a new chief executive in the coming weeks, with Bafna supporting the leadership handover process.

The transition follows a period of significant change for Healthium. In 2024, global investment firm KKR acquired the company for nearly INR 7,000 Cr from private equity investor Apax Partners after a competitive bidding process.

Bafna joined the company in 2018 after Apax acquired the business, then known as Sutures India.

Over the past several years, he has overseen the company's transformation into a broader medical technology player with operations spanning advanced surgery, minimally invasive solutions, medical consumables, and needles.

Before joining Healthium, Bafna served as President, Japan, at Baxter Healthcare and brought more than two decades of healthcare leadership experience to the role.

During his tenure, Healthium substantially expanded its scale and product portfolio.

The company also pursued strategic acquisitions to strengthen its offerings, including the gelatin sponge business of Sri Gopal Krishna Labs, advanced wound care manufacturer CareNow Medical, and a controlling stake in Paramount Surgimed, a producer of surgical blades and scalpels.

Healthium today ranks among the world's largest manufacturers of surgical sutures and needles and exports products to more than 90 countries.

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