About Ayati Devices
Ayati Devices is a Healthcare company based in Bengaluru (India) founded in 2019 by Nishant Kathpal. Medical devices for diabetic neuropathy screening are developed. Ayati Devices has raised $2.34 million across 7 funding rounds from investors including Qualcomm, Mumbai Angels and IIT Bombay. Ayati Devices was last valued at $2.91 million in July 2024. Its chief executive, as recorded, is Nishant Kathpal. Its Indian entity Ayati Devices Private Limited reported revenue of ₹2.54 Cr. Ayati Devices offers products and services including Vibrasense, Vibrasense + T, Neurosense Kit, and Podiasense Kit. Its focus areas include Life Sciences, Diabetes, Medical Devices and Screening Devices.
Company details
Ayati Devices was founded in 2019 in Bengaluru, India, within the medical devices sector. Portable devices for quantitative sensory testing of diabetic peripheral neuropathy are produced, along with comprehensive kits for diabetic foot screening. Operations focus on accessible technologies to support diagnosis in healthcare settings across India. The companys tools enable precise results through simplified testing processes.
- Headquarters Bengaluru, India
- Founders Nishant Kathpal
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website ayatidevices.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Ayati Devices Private Limited
- Date of Incorporation 09 Feb, 2019
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹2.54 Cr
FY 2024 · +32% YoY
- Net Profit₹6.2 Lakh
FY 2024 · 2% margin
- EBITDA₹14.1 Lakh
FY 2024 · 6% margin
- Total Equity Funding$2.34M (USD)
in 7 rounds
- Latest Funding Round$1.57M (USD), Seed
Aug 2026
- InvestorsQualcomm
& 12 more
Associated legal entities of Ayati Devices
Ayati Devices operates through Ayati Devices Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ayati Devices Private Limited CIN U29100MH2019PTC320905 | Active | 09 Feb 2019 | Mumbai, Maharashtra | ₹2.5 Cr | 2 | View details |
Products & Services of Ayati Devices
Ayati Devices offers a comprehensive portfolio of products and services, including Vibrasense, Vibrasense + T, Neurosense Kit, and Podiasense Kit.
Compact device for precise screening of diabetic peripheral neuropathy.
Simplifies quantitative sensory testing for accurate neuropathy results.
Includes tools for comprehensive diabetic foot and neuropathy screening.
Provides complete set for thorough diabetic foot health assessment.
Apps and channels of Ayati Devices
its YouTube channel Ayati Devices has 130 subscribers and 5 videos.
Videos from Ayati Devices
The most watched videos on Ayati Devices's YouTube channel, Ayati Devices (130 subscribers). Click a video to play it here.
More on Ayati Devices.
Funding Insights of Ayati Devices
Ayati Devices has successfully raised a total of $2.34M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $1.57 million completed in August 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.34M
- Total Rounds 7
- Last Round Seed — $1.57M
- First Round $27,264
(Aug 2021)
- Investors Count 13
All 7 funding rounds of Ayati Devices with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2026 | $1.57M | Seed | – | Inflexor | – |
| Jul 2024 | $89,448 | Seed | $2.91M | MSRIT | |
| Apr 2024 | $59,980 | Grant | – | – | |
| Dec 2023 | $203,856 | Seed | $2.85M | Mumbai Angels | |
| Apr 2022 | $249,300 | Seed | $••••• | SINE, DERBI Foundation | |
| Oct 2021 | $199,928 | Seed | $••••• | Zera Ventures | |
| Aug 2021 | $27,264 | Seed | $••••• | SINE | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $2.91M | •••••••• |
| Dec 2023 | $2.85M | •••••••• |
| Apr 2022 | $••••• | •••••••• |
| Oct 2021 | $••••• | •••••••• |
| Aug 2021 | $••••• | •••••••• |
Full valuation and stage history of Ayati Devices
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.91M (Jul 2024). 13 investors in total: 8 institutional and 5 angel.
Investors in Ayati Devices
Ayati Devices has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Qualcomm, Mumbai Angels and IIT Bombay.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sector-agnostic startups are accelerated by SINE, backed by IIT Bombay. | sineiitb.org | Mumbai, India | ||
Early-stage venture investments are facilitated by Mumbai Angels network. | 2006 | mumbaiangels.com | Mumbai, India | |
Support for innovation and entrepreneurship through incubation programs in Bangalore. | 2015 | derbifoundation.com | Bengaluru, India | |
Venture capital firm focused on multiple sectors | zeraventures.tcc.mode | Chennai, India | ||
| inflexor.vc | ||||
Engineering and technology courses are offered by this private institution. | msrit.edu | Bengaluru, India | ||
Public research university offering undergraduate and graduate programs across various disciplines | 1958 | iitb.ac.in | Mumbai, India | |
Provider of cloud and AI-based cellular communication ICs | 1985 | qualcomm.com | San Diego, United States | |
RR Ram Ranjan Sharma | unknown_aa9a9b7ce7784750b | |||
CK C K Ranganathan | unknown_22c181cf3d184bdb9 |
Investor details for Ayati Devices
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ayati Devices Private Limited (Ayati Devices)
Ayati Devices Private Limited is the primary company behind Ayati Devices. The board of Ayati Devices Private Limited currently have 2 directors; the longest-serving is Rupesh Eknath Ghyar, appointed in 2019.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rupesh Eknath Ghyar DIN 07876299 | Director | 09 Feb 2019 | 7 yrs 8 mo | Ayati Devices Private Limited |
| Nishant Kathpal DIN 08356959 | Director | 09 Feb 2019 | 7 yrs 8 mo | Ayati Devices Private Limited |
People of Ayati Devices
1 people are tracked at Ayati Devices (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Ayati Devices
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Ayati Devices
Figures of Ayati Devices Private Limited, the primary company behind Ayati Devices, for FY 2024. Revenue was ₹2.54 Cr (+32% year on year). Net profit was ₹6.2 Lakh (2% margin). EBITDA was ₹14.1 Lakh (6% margin). Revenue has grown at a compounded annual rate of +509% over three years.
- ₹2.54 CrRevenue · FY 2024 · +32% YoY
- ₹6.2 LakhNet profit · 2% margin
- ₹14.1 LakhEBITDA · 6% margin
- ₹1.4 LakhPaid-up capital
- +509%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Ayati Devices Private Limited are on its company page.
Detailed financial statements for Ayati Devices
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Ayati Devices
4 dated milestones of Ayati Devices across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Ayati Devices is founded.
- Funding First funding round of $27K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.6M.
Web traffic of Ayati Devices
The website of Ayati Devices (ayatidevices.com) receives about 8.9K visits a month.
- Monthly visits8.9K
▲ 540% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Ayati Devices
Complete news archive for Ayati Devices
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Ayati Devices
Ayati Devices was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Ayati Devices is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Nishant Kathpal is the CEO of Ayati Devices, as recorded in our data. They have also founded this company.
Ayati Devices is a funded company, having raised a total of $2.34M across 7 funding rounds to date. The company's 1st funding round was a Seed of $27.26K, raised on Aug 2021.
The primary company behind Ayati Devices, Ayati Devices Private Limited, reported revenue of ₹2.54 Cr for FY 2024, up 32% year on year.
Ayati Devices was founded in 2019 in Bengaluru, India, within the medical devices sector. Portable devices for quantitative sensory testing of diabetic peripheral neuropathy are produced, along with comprehensive kits for diabetic foot screening. Operations focus on accessible technologies to support diagnosis in healthcare settings across India. The companys tools enable precise results through simplified testing processes.
Ayati Devices offers Vibrasense, Vibrasense + T, Neurosense Kit, and Podiasense Kit.
Ayati Devices has 13 investors. Key investors include Qualcomm, Mumbai Angels, IIT Bombay, DERBI Foundation, and MSRIT.
The valuation of Ayati Devices is $2.91M as of Jul 2024.
Ayati Devices operates through Ayati Devices Private Limited.
The legal entities of Ayati Devices currently have 2 directors, including Rupesh Eknath Ghyar, Nishant Kathpal.