Cartosense

Chennai, India Founded: 2017 • Age: 9 yrs Minicorn
Augmented reality platform for surgical assistance is developed by Cartosense.

About Cartosense

Cartosense is a Healthcare company based in Chennai (India) founded in 2017 by Nikhil Chandwadkar, Bhargava Chintalapati, and Hem Rampal. It operates as an augmented reality platform for surgical assistance is developed by Cartosense. Cartosense has raised $126.09 thousand across 3 funding rounds from investors including C-CAMP and MedTech Innovator. Cartosense was last valued at $2.86 million in November 2021. Its chief executive is Nikhil Chandwadkar. Its Indian entity Cartosense Private Limited reported revenue of β‚Ή33 Lakh. Cartosense offers products and services including Surgical Navigation System, Tracking Camera, and Smart Surgical Instruments. Its focus areas include Life Sciences, Surgical Instruments and Navigation Systems. Its competitors include Augmedics, Proprio, eCential Robotics, MRI Interventions and Endomag and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

Cartosense was founded in 2017 in Chennai, India, within the health technology sector. An augmented reality-based platform is offered for surgical assistance, including tracking hardware and software tailored for neurosurgeons. Patient outcomes are enhanced through advances in targeted therapy. Operations focus on integrating these tools to support precision in neurosurgical procedures across relevant medical environments.

  • Headquarters Chennai, India
  • Founders Nikhil Chandwadkar, Bhargava Chintalapati, Hem Rampal
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cartosense.com
  • Social LinkedIn X
  • Legal Name Cartosense Private Limited
  • Date of Incorporation 09 Aug, 2017
  • Jurisdiction Nashik, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹33 Lakh

    FY 2025 · +3% YoY

  • Net Loss
    -₹28.2 Lakh

    FY 2025 · -86% margin

  • EBITDA
    -₹23.3 Lakh

    FY 2025 · -71% margin

  • Total Equity Funding
    $126.09K (USD)

    in 3 rounds

  • Latest Funding Round
    $86.57K (USD), Seed

    Nov 2021

  • Investors
    C-CAMP

    & 1 more

Products & Services of Cartosense

Cartosense offers a comprehensive portfolio of products and services, including Surgical Navigation System, Tracking Camera, and Smart Surgical Instruments.

Surgical Navigation System
Medical Device

Provides tracking for surgical instruments with large volume and flexible mounting

Tracking Camera
Optical Tracker

Offers improved line of sight and resistance to spills in surgeries

Smart Surgical Instruments
Wireless Tools

Enables automatic identification and interaction in sterile fields

Funding Insights of Cartosense

Cartosense has successfully raised a total of $126.09K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $86.57 thousand completed in November 2021. 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 $126,094
  • Total Rounds 3
  • Last Round Seed β€” $86,570
  • First Round $39,524

    (Apr 2020)

  • Investors Count 2

All 3 funding rounds of Cartosense with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2021$86,570Seed$2.86MC-CAMP
–
Nov 2020$10,000Grant––
Apr 2020$39,524Seed$1.31MC-CAMP
–
Valuation history
DateValuationStage
Nov 2021$2.86Mβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2020$1.31Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.86M (Nov 2021). 2 investors in total: 2 institutional.

Investors in Cartosense

Cartosense has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include C-CAMP and MedTech Innovator.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Bioscience research, innovation, and entrepreneurship facilitation in life sciences are conducted in India.
2010ccamp.res.inBengaluru, India
Acceleration of medical device, digital health, and diagnostic companies is facilitated worldwide.
–medtechinnovator.org-
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Investor details for Cartosense

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Board of directors of Cartosense Private Limited (Cartosense)

Cartosense Private Limited is the primary company behind Cartosense. The board of Cartosense Private Limited currently have 2 directors; the longest-serving is Nikhil Rajan Chandwadkar, appointed in 2017. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Nikhil Rajan Chandwadkar
DIN 02705583
Director09 Aug 20179 yrs 2 moCartosense Private Limited
Hem Rampal
DIN 07884160
Director21 Dec 20178 yrs 10 moCartosense Private Limited

People of Cartosense

3 people are tracked at Cartosense (3 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
Bhargava Chintalapati
Co-FounderLeadership
Co-Founder & CTOLeadership
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Complete people profiles for Cartosense

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Financials of Cartosense

Figures of Cartosense Private Limited, the primary company behind Cartosense, for FY 2025. Revenue was ₹33 Lakh (+3% year on year). Net loss was -₹28.2 Lakh (-86% margin). EBITDA was -₹23.3 Lakh (-71% margin). Revenue has grown at a compounded annual rate of +245% over three years.

  • ₹33 LakhRevenue · FY 2025 · +3% YoY
  • -₹28.2 LakhNet loss · -86% margin
  • -₹23.3 LakhEBITDA · -71% margin
  • ₹1 LakhPaid-up capital
  • +245%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Cartosense Private Limited are on its company page.

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Detailed financial statements for Cartosense

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Timeline of Cartosense

4 dated milestones of Cartosense across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cartosense is founded.
  2. Funding First funding round of $40K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $87K.

Competitors of Cartosense

Cartosense has 10 listed competitors in our database, 9 of them funded. They include Augmedics, Proprio, eCential Robotics, MRI Interventions and Endomag, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
augmedics.com2014Yokneam Illit, Israel$142.6M–
Augmented reality systems for guiding surgical procedures are developed.
propriovision.com2016Seattle, United States$74.25M52
Visualization systems for surgical procedures are developed using machine learning.
ecential-robotics.com2009Gieres, France$133.97M–
Robotic surgery platform for bone procedures is developed.
mriinterventions.com1998Irvine, United States$16.67M108
MRI-guided minimally invasive procedures for brain and heart are developed.
endomag.com2007Cambridge, United Kingdom$44.52M–
Developer of a device for tumor localization
centerlinebiomedical.com2014Cleveland, United States$76.26M–
Developer of surgical navigation and image guidance system for endovascular procedures
imris.com2005Minnetonka, United States–100
Surgical theatres with ceiling mounted mobile imaging devices to enhance intraoperative workflow
avetasystem.com2016San Jose, United States$23M57
Manufacturer of hysteroscopy for operating rooms
clearpointneuro.com1998Irvine, United States$17.04M38
Software and hardware solutions for MRI-guided surgical planning are provided.
checkpointsurgical.com2009Cleveland, United States$47.59M68
Intraoperative neuromonitoring devices are provided for nerve and muscle evaluation.
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Detailed competitors of Cartosense

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Top companies in Medical Equipment & Supplies

10 companies that operate in the same segment as Cartosense (Medical Equipment & Supplies), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Software and integrated solutions for surgical and radiotherapy applications
1989Munchen, Bayern, GermanyUSD 5.38 MUSD 1.18 M18
Robotic waterjet system for prostate tissue removal is developed.
2009Redwood City, California, United StatesUSD 348.84 MUSD 308.05 M756
Collaborative surgical robotic systems are provided for hospital procedures.
2014Cambridge, Cambridgeshire, United KingdomUSD 1.68 BUSD 48.75 M680
Robotic microsurgical systems for endoscopy are developed.
2007Redwood City, California, United StatesUSD 733.62 M–91
Augmented reality systems for guiding surgical procedures are developed.
2014Yokneam Illit, North District, IsraelUSD 142.6 M––
Manufacturer of imaging and surgical products
1919Tokyo, Tokyo, Japan–USD 6.49 B35,933
Injectable packaging, containment, and delivery solutions are manufactured.
1923Exton, Pennsylvania, United States–USD 3.07 B10,600
Rapid infusion systems are provided for critically ill patients.
2012Durham, North Carolina, United StatesUSD 77.98 M––
Mobile robots are manufactured for industries including healthcare and agriculture.
2013Odense, DenmarkUSD 81.44 M–303
Visualization systems for surgical procedures are developed using machine learning.
2016Seattle, Washington, United StatesUSD 74.25 M–52
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Frequently Asked Questions about Cartosense

Cartosense was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Cartosense is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Nikhil Chandwadkar is the current CEO of Cartosense. They have also founded this company.

Cartosense is a funded company, having raised a total of $126.09K across 3 funding rounds to date. The company's 1st funding round was a Seed of $39.52K, raised on Apr 2020.

The primary company behind Cartosense, Cartosense Private Limited, reported revenue of β‚Ή33 Lakh for FY 2025, up 3% year on year.

Cartosense was founded in 2017 in Chennai, India, within the health technology sector. An augmented reality-based platform is offered for surgical assistance, including tracking hardware and software tailored for neurosurgeons. Patient outcomes are enhanced through advances in targeted therapy. Operations focus on integrating these tools to support precision in neurosurgical procedures across relevant medical environments.

Cartosense's top competitors include Augmedics, Proprio and ClearPoint Neuro.

Cartosense offers Surgical Navigation System, Tracking Camera, and Smart Surgical Instruments.

Cartosense has 2 investors. Key investors include C-CAMP, and MedTech Innovator.

The valuation of Cartosense is $2.86M as of Nov 2021.

Cartosense operates through Cartosense Private Limited.

The legal entities of Cartosense currently have 2 directors, including Hem Rampal, Nikhil Rajan Chandwadkar.

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