About HealthMap
HealthMap is a Healthcare company based in Delhi (India) founded in 2015. Diagnostic radiology services are delivered through a chain of labs. HealthMap has raised $20.55 million across 1 funding round from investors including Morgan Stanley. The company has 414 employees. HealthMap has completed 1 acquisition, including MEDCIS Pathlabs India. HealthMap was last valued at $32.38 million in May 2019. Its chief executive, as recorded, is Niraj Arora. Its Indian entity Healthmap Diagnostics Private Limited reported revenue of ₹217 Cr. HealthMap offers products and services including CT Scan, MRI, Ultrasound, Blood Tests, and X-Ray. Its focus areas include Clinical Laboratory Chains and Radiology. Its competitors include Thyrocare, Vijaya Diagnostic Centre and Suraksha Diagnostics; 2 of its 3 listed competitors have raised funding.
Company details
HealthMap was established in 2015 in Delhi, India, within the healthcare diagnostics sector. A network of radiology labs is maintained across the region, focusing on imaging and diagnostic procedures. Services encompass X-rays, ultrasounds, and other radiological tests for medical evaluation. Operations are centered in India, with leadership provided by CEO Niraj Arora. The company supports clinical diagnostics for healthcare providers and patients.
- Headquarters Delhi, India
- Employees 414
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website healthmapdiagnostics.com
- Social Facebook
- Legal Name Healthmap Diagnostics Private Limited
- Date of Incorporation 06 Apr, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹217 Cr
FY 2025 · +17% YoY
- Net Loss-₹1.24 Cr
FY 2025 · -1% margin
- EBITDA₹33.25 Cr
FY 2025 · 15% margin
- Total Equity Funding$20.55M (USD)
in 1 rounds
- Latest Funding Round$20.55M (USD), Series B
May 2019
- Investors
- Employee Count414
- Investments & Acquisitions
Associated legal entities of HealthMap
HealthMap operates through Healthmap Diagnostics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Healthmap Diagnostics Private Limited CIN U85110KA2015PTC079665 | Active | 06 Apr 2015 | Bangalore, Karnataka | ₹217 Cr | 414 | 9 | View details |
Products & Services of HealthMap
HealthMap offers a comprehensive portfolio of products and services, including CT Scan, MRI, Ultrasound, Blood Tests, and X-Ray.
Diagnostic service for detailed internal body scans.
Advanced imaging for soft tissue and organ diagnostics.
Non-invasive scan for monitoring internal structures.
Routine and specialized tests for health analysis.
Radiographic imaging for bone and tissue examination.
Funding Insights of HealthMap
HealthMap has successfully raised a total of $20.55M through 1 strategic funding round. The most recent funding activity was a Series B round of $20.55 million completed in May 2019. 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 $20.55M
- Total Rounds 1
- Last Round Series B — $20.55M
- First Round $20.55M
(May 2019)
- Investors Count 1
All 1 funding rounds of HealthMap 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 |
|---|---|---|---|---|---|
| May 2019 | $20.55M | Series B | $32.38M | Morgan Stanley | – |
| Date | Valuation | Stage |
|---|---|---|
| May 2019 | $32.38M | •••••••• |
Last known valuation $32.38M (May 2019). 1 investors in total: 1 institutional.
Investors in HealthMap
HealthMap has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Morgan Stanley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
Investor details for HealthMap
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Healthmap Diagnostics Private Limited (HealthMap)
Healthmap Diagnostics Private Limited is the primary company behind HealthMap. The board of Healthmap Diagnostics Private Limited currently have 8 directors; the longest-serving is Ramoji Tejomurtula, appointed in 2016. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ramoji Tejomurtula DIN 06698794 | Director | 09 Jun 2016 | 10 yrs 4 mo | Healthmap Diagnostics Private Limited |
| Harinarayan Sharma DIN 03147391 | Director | 18 Jun 2019 | 7 yrs 4 mo | Healthmap Diagnostics Private Limited |
| Raja Parthasarathy DIN 02182373 | Director | 18 Jun 2019 | 7 yrs 4 mo | Healthmap Diagnostics Private Limited |
| Mohit Gupta DIN 06699318 | Company Secretary | 09 Sep 2019 | 7 yrs 1 mo | Healthmap Diagnostics Private Limited |
| Raja Venkataraman DIN 00669376 | Director | 04 Oct 2019 | 7 yrs | Healthmap Diagnostics Private Limited |
| Sandeep Sharma DIN 01792222 | CEO | 01 Oct 2021 | 5 yrs | Healthmap Diagnostics Private Limited |
| Neha Saraf DIN 06600819 | Director | 09 Dec 2022 | 3 yrs 10 mo | Healthmap Diagnostics Private Limited |
| Arunima Patel DIN 02864725 | Director | 05 Dec 2024 | 1 yr 10 mo | Healthmap Diagnostics Private Limited |
People of HealthMap
6 people are tracked at HealthMap (5 in leadership, 1 in team); the tracked headcount is 414.
| Name | Role | Group |
|---|---|---|
Niraj Arora | CEO | Leadership |
| Chief Executive Officer | Leadership | |
Bhushan Kumar | Cluster Business Head | Leadership |
Hardeep Singh | Head Business Operations | Leadership |
Paritosh Dwivedi | Head - M&a & Strategy | Leadership |
Harjinder Bhatti | Center Manager | Team |
Complete people profiles for HealthMap
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of HealthMap
Figures of Healthmap Diagnostics Private Limited, the primary company behind HealthMap, for FY 2025. Revenue was ₹217 Cr (+17% year on year). Net loss was -₹1.24 Cr (-1% margin). EBITDA was ₹33.25 Cr (15% margin). Revenue has grown at a compounded annual rate of +41% over three years and +30% over five years.
- ₹217 CrRevenue · FY 2025 · +17% YoY
- -₹1.24 CrNet loss · -1% margin
- ₹33.25 CrEBITDA · 15% margin
- ₹133 CrPaid-up capital
- 414Employees (provident fund records)
- +41%Revenue CAGR, 3 years
- +30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Healthmap Diagnostics Private Limited are on its company page.
Detailed financial statements for HealthMap
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by HealthMap
HealthMap has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MEDCIS Pathlabs India.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Standalone clinical laboratory | medcislabs.com | Secunderabad, India | 2010 | Apr 2022 | •••• |
Complete acquisition details for HealthMap
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of HealthMap
4 dated milestones of HealthMap across 7 years, from founding to its latest funding, stage changes and deals.
- Founded HealthMap is founded.
- Funding First funding round of $20.6M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires MEDCIS Pathlabs India.
Competitors of HealthMap
HealthMap has 3 listed competitors in our database, 2 of them funded. They include Thyrocare, Vijaya Diagnostic Centre and Suraksha Diagnostics.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| thyrocare.com | 1996 | Mumbai, India | $63.59M | 1,889 | Diagnostic testing centers for pathology and health screenings are operated. | |
| vijayadiagnostic.com | 1981 | Hyderabad, India | Diagnostic services are offered via a chain of centers. | |||
| surakshanet.com | 2005 | Kolkata, India | $49M | 1,180 | Pathology, molecular diagnostics, and imaging services are provided. |
Detailed competitors of HealthMap
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Diagnostics Laboratories
3 companies that operate in the same segment as HealthMap (Diagnostics Laboratories) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Diagnostic testing centers for pathology and health screenings are operated. | 1996 | Mumbai, Maharashtra, India | USD 63.59 M | USD 88.36 M | 1,950 | |
Chain of pathology and radiology labs | 1949 | Gurugram, Haryana, India | USD 13.9 M | USD 294.49 M | 5,310 | |
Home-based diagnostic tests are booked via an online platform. | 2018 | Noida, Uttar Pradesh, India | USD 116.42 M | USD 41.86 M | 2,308 |
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Related news about Healthmap
Complete news archive for HealthMap
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Frequently Asked Questions about HealthMap
HealthMap was founded in 2015 and raised its 1st funding round 4 years after it was founded.
HealthMap is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Niraj Arora is the CEO of HealthMap, as recorded in our data.
HealthMap is a funded company, having raised a total of $20.55M across 1 funding round to date. The company's 1st funding round was a Series B of $20.55M, raised on May 2019.
HealthMap has 414 employees.
The primary company behind HealthMap, Healthmap Diagnostics Private Limited, reported revenue of ₹217 Cr for FY 2025, up 17% year on year.
HealthMap was established in 2015 in Delhi, India, within the healthcare diagnostics sector. A network of radiology labs is maintained across the region, focusing on imaging and diagnostic procedures. Services encompass X-rays, ultrasounds, and other radiological tests for medical evaluation. Operations are centered in India, with leadership provided by CEO Niraj Arora. The company supports clinical diagnostics for healthcare providers and patients.
HealthMap's top competitors include Thyrocare, Suraksha Diagnostics and Vijaya Diagnostic Centre.
HealthMap offers CT Scan, MRI, Ultrasound, Blood Tests, and X-Ray.
HealthMap has made 1 acquisition, including MEDCIS Pathlabs India.
HealthMap has 1 investor. Key investors include Morgan Stanley.
The valuation of HealthMap is $32.38M as of May 2019.