DeeDee Labs

Pune, India Founded: 2016 • Age: 10 yrs
Affordable non-invasive myoelectric prosthetics are developed for limb replacement.

About DeeDee Labs

DeeDee Labs is a company based in Pune (India) founded in 2016 by Pratik Ramchandra Bhalerao. DeeDee Labs has raised $71.02 thousand across 1 funding round from investors including Entrepreneurship Development Institute of India and Pratik Ramchandra Bhalerao.

  • Headquarter Pune, India
  • Founders Pratik Ramchandra Bhalerao
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website deedeelabs.org
  • Social LinkedIn
  • Legal Name Deedee Labs Private Limited
  • Date of Incorporation 15 Jul, 2016
  • Jurisdiction Amravati, Maharashtra, India
Operational Areas
Key Metrics
  • Annual Revenue
    ₹1.9 Lakh

    FY 2025 · -91% YoY

  • Net Loss
    -₹3.7 Lakh

    FY 2025 · -195% margin

  • EBITDA
    -₹3 Lakh

    FY 2025 · -155% margin

  • Total Equity Funding
    $71.02K (USD)

    in 1 rounds

  • Latest Funding Round
    $71.02K (USD), Seed

    Nov 2018

  • Investors

Funding Insights of DeeDee Labs

DeeDee Labs has successfully raised a total of $71.02K through 1 strategic funding round. The most recent funding activity was a Seed round of $71.02 thousand completed in November 2018. 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 $71,015
  • Total Rounds 1
  • Last Round Seed β€” $71,015
  • First Round $71,015

    (Nov 2018)

  • Investors Count 2

All 1 funding rounds of DeeDee Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2018$71,015Seed$685,667Entrepreneurship Development Institute of India
Valuation history

Last known valuation $685,667 (Nov 2018). 2 investors in total: 1 institutional and 1 angel.

Investors in DeeDee Labs

DeeDee Labs has secured backing from 2 investors, including institutional and angel investors. Prominent investors backing the company include Entrepreneurship Development Institute of India and Pratik Ramchandra Bhalerao.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Entrepreneurship education, research, and training are provided to diverse groups.
1983ediindia.orgGandhinagar, India

Pratik Ramchandra Bhalerao

Angel investor and entrepreneur, focused on tech startups in India.
–unknown_0d4fd5f4d13d437c9-
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Investor details for DeeDee Labs

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Board of directors of Deedee Labs Private Limited (DeeDee Labs)

Deedee Labs Private Limited is the primary company behind DeeDee Labs. The board of Deedee Labs Private Limited currently have 3 directors; the longest-serving is Pratik Ramchandra Bhalerao, appointed in 2016. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Pratik Ramchandra Bhalerao
DIN 07508544
Director15 Jul 201610 yrs 2 moDeedee Labs Private Limited
Soma Chattopadhyay
DIN 06919964
Nominee Director26 Mar 20188 yrs 6 moDeedee Labs Private Limited
Kumudini Manohar Jawade
DIN 09245965
Director20 Jul 20215 yrs 2 moDeedee Labs Private Limited

People of DeeDee Labs

2 people are tracked at DeeDee Labs (2 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
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Financials of DeeDee Labs

Figures of Deedee Labs Private Limited, the primary company behind DeeDee Labs, for FY 2025. Revenue was ₹1.9 Lakh (-91% year on year). Net loss was -₹3.7 Lakh (-195% margin). EBITDA was -₹3 Lakh (-155% margin). Revenue has grown at a compounded annual rate of -22% over three years and -34% over five years.

  • ₹1.9 LakhRevenue · FY 2025 · -91% YoY
  • -₹3.7 LakhNet loss · -195% margin
  • -₹3 LakhEBITDA · -155% margin
  • ₹1.1 LakhPaid-up capital
  • -22%Revenue CAGR, 3 years
  • -34%Revenue CAGR, 5 years

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

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Detailed financial statements for DeeDee Labs

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Timeline of DeeDee Labs

2 dated milestones of DeeDee Labs across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded DeeDee Labs is founded.
  2. Funding First funding round of $71K.

Latest news on Deedee Labs

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Similar companies to DeeDee Labs

10 companies that operate in the same segment as DeeDee Labs (Orthopedics), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of high-frequency spinal cord stimulation implants
2006Menlo Park, California, United StatesUSD 154.1 MUSD 353.08 M1,215
Prosthetic and orthotic devices are developed for individuals with disabilities.
1919Duderstadt, Lower Saxony, GermanyUSD 17 MUSD 1.97 B–
Developer of therapies for the treatment of musculoskeletal disorders
2007Woburn, Massachusetts, United StatesUSD 62 MUSD 85.55 M692
Developer of drugs for treating rare and autoimmune diseases
2008Dublin, IrelandUSD 61.78 MUSD 617.41 M–
Antibody-siRNA complexes are developed for cancer treatment.
2012San Diego, California, United StatesUSD 142.54 MUSD 10.9 M391
Smart surgical devices for spinal surgery are developed.
1997San Diego, California, United StatesUSD 54.1 M––
Robotic arms are provided for mobility and rehabilitation support.
2004Boston, Massachusetts, United StatesUSD 17.21 MUSD 40.93 M185
AI-powered drug discovery platform for various diseases
2016New York, New York, United StatesUSD 608 M––
Exoskeletons for medical rehabilitation and industrial productivity are provided.
2005United StatesUSD 24.37 MUSD 71.6 M61
Stabilization devices for healthcare are manufactured by the company.
2005New York, New York, United StatesUSD 142.15 M–43
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Frequently Asked Questions about DeeDee Labs

DeeDee Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.

DeeDee Labs is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

DeeDee Labs is a funded company, having raised a total of $71.02K across 1 funding round to date. The company's 1st funding round was a Seed of $71.02K, raised on Nov 2018.

The primary company behind DeeDee Labs, Deedee Labs Private Limited, reported revenue of β‚Ή1.9 Lakh for FY 2025, down 91% year on year.

DeeDee Labs was founded in 2016 and is based in Pune, India, within the medical devices sector. Focus is placed on creating affordable non-invasive myoelectric limbs, with initial efforts directed toward forearm prosthetics. These prosthetics incorporate 16 discrete movements, gesture recognition capabilities, and an 8-hour battery life. Incubation occurs at Venture Centre, supporting operations in prosthetic technology development.

DeeDee Labs has 2 investors. Key investors include Entrepreneurship Development Institute of India, and Pratik Ramchandra Bhalerao.

The valuation of DeeDee Labs is $685.67K as of Nov 2018.

DeeDee Labs operates through Deedee Labs Private Limited.

The legal entities of DeeDee Labs currently have 3 directors, including Soma Chattopadhyay, Kumudini Manohar Jawade, Pratik Ramchandra Bhalerao.

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