About Dhama Innovations
Dhama Innovations is a company based in Hyderabad (India) founded in 2008 by Vistakula Damayanthi. Dhama Innovations has raised $1.11 million across 3 funding rounds from investors including Mumbai Angels, Reliance Capital and Reliance Venture Asset Management. The company has 4 employees as of April 08, 2024. Dhama Innovations offers products and services including dhamaSPORT Wristband, dhamaCOOL Cap, EVE Period Pain Belt, dhamaCOMFORT Seat, and Pronto Pain Relief. Dhama Innovations operates in a competitive market with competitors including Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, among others.
- Headquarter Hyderabad, India
- Employees 4 as on 08 Apr, 2024
- Founders Vistakula Damayanthi
- Stage Minicorn
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Sectors
TechnologyHealthcare
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Phone
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Website
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Social
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- Legal Name Dhama Innovations Private Limited
- Date of Incorporation 17 Jan, 2008
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$100.58 K (USD)-53.57as on Mar 31, 2021
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Net Profit
-$97.49 K (USD)-42as on Mar 31, 2021
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EBITDA
-$18.32 K (USD)-121.63as on Mar 31, 2021
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Total Equity Funding
$1.11 M (USD)
in 3 rounds
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Latest Funding Round
$554.67 K (USD), Angel Round
Mar 31, 2017
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Investors
Mumbai Angels
& 35 more
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Employee Count
4
as on Apr 08, 2024
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Products & Services of Dhama Innovations
Dhama Innovations offers a comprehensive portfolio of products and services, including dhamaSPORT Wristband, dhamaCOOL Cap, EVE Period Pain Belt, dhamaCOMFORT Seat, and Pronto Pain Relief.
Enhances athletic performance and recovery through targeted cooling.
Provides weather-adaptive comfort for everyday outdoor activities.
Offers heat therapy for instant relief from menstrual pain.
Delivers heating and cooling for automotive and office comfort.
Applies alternating hot and cold therapy for joint pain relief.
Funding Insights of Dhama Innovations
Dhama Innovations has successfully raised a total of $1.11M across 3 strategic funding rounds. The most recent funding activity was a Angel Round of $554.67 thousand completed in March 2017. 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.
Investors in Dhama Innovations
Dhama Innovations has secured backing from 36 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Mumbai Angels, Reliance Capital and Reliance Venture Asset Management.
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Corporate-backed venture capital firm focused on multiple sectors
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Early-stage venture investments are facilitated by Mumbai Angels network.
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Financial services including loans, insurance, and asset management are provided.
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Investor details for Dhama Innovations
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Investments & Acquisitions by Dhama Innovations
Investment portfolio details for Dhama Innovations
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Financial Statements - Dhama Innovations
Detailed financials for Dhama Innovations
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Dhama Innovations Comparisons
Peer comparison for Dhama Innovations
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Competitors of Dhama Innovations
Dhama Innovations operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, among others.
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Therapeutic devices for pain management are developed and manufactured.
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Provider of rehabilitation solutions for patients and doctors
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Non-invasive neuromodulation therapies
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Pioneers non-invasive devices for chronic pain relief through medical innovation.
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Wearable bioelectronic devices for acoustic medicine treatments are developed.
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Wearable therapeutic fabrics for pain management are offered by Nufabrx.
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Detailed competitors of Dhama Innovations
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Latest news on Dhama Innovations
Complete news archive for Dhama Innovations
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Frequently Asked Questions about Dhama Innovations
Dhama Innovations was founded in 2008 and raised its 1st funding round 1 year after it was founded.
Dhama Innovations is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Dhama Innovations is a funded company, having raised a total of $1.11M across 3 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Dhama Innovations is 4.
Annual revenue of Dhama Innovations is $100.58K as on Mar 31, 2021.
Founded in 2008 in Hyderabad, India, the company specializes in wearable electronics that utilize patented ClimaCon technology to maintain temperatures from 4C to 60C. Products for medical pain relief, sports, and leisuresuch as scarves, jackets, and coastersare developed, with manufacturing handled by contractors. Early funding was secured from Reliance Ventures and Mumbai Angels, and incubation occurred at NID in Ahmedabad under the governments Technopreneur Promotion Program, which provided 0.5 million.
Dhama Innovations's top competitors include Theranica, Mainstay Medical and Nufabrx.
Dhama Innovations offers dhamaSPORT Wristband, dhamaCOOL Cap, EVE Period Pain Belt, dhamaCOMFORT Seat, and Pronto Pain Relief.
Dhama Innovations has 36 investors. Key investors include Mumbai Angels, Reliance Capital, Reliance Venture Asset Management, Souhiti Infraproject, and Alpin Mehta.
The valuation of Dhama Innovations is $17.73M as of Mar 2017.