About Innomate Tech
Innomate Tech was a Healthcare company based in Chennai (India) founded in 2019. It delivers baby tracking and communication devices for hospitals. It operates on a B2B model. Its Indian entity Innomate Technologies Private Limited reported revenue of ₹36.5 Lakh. The company is recorded as dissolved. Its focus areas include Medical Devices, Patient Monitoring and Baby Tracking. Its competitors include LifeSigns, YoloHealth, AyuRythm, Zivov and BabyG and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
Innomate Tech operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, patient monitoring, and baby tracking. Delivers baby tracking and communication devices for hospitals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Chennai, India
- SectorsHealthcare
- Website innomatetech.com
- Legal Name Innomate Technologies Private Limited
- Date of Incorporation 23 Jan, 2020
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹36.5 Lakh
FY 2024 · -87% YoY
- Net Loss-₹11.5 Lakh
FY 2024 · -31% margin
- EBITDA-₹10.5 Lakh
FY 2024 · -29% margin
Associated legal entities of Innomate Tech
Innomate Tech operates through Innomate Technologies 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 |
|---|---|---|---|---|---|---|---|
| Innomate Technologies Private Limited CIN U72900TN2020PTC133984 | Active | 23 Jan 2020 | Chennai, Tamil Nadu | ₹0.4 Cr | – | 2 | View details |
Board of directors of Innomate Technologies Private Limited (Innomate Tech)
Innomate Technologies Private Limited is the primary company behind Innomate Tech. The board of Innomate Technologies Private Limited currently have 2 directors; the longest-serving is Pavanasam Pillai Ganesh, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pavanasam Pillai Ganesh DIN 08677841 | Director | 23 Jan 2020 | 6 yrs 8 mo | Innomate Technologies Private Limited |
| Ganesh Hemavathi DIN 08677842 | Whole-time director | 23 Jan 2020 | 6 yrs 8 mo | Innomate Technologies Private Limited |
Financials of Innomate Tech
Figures of Innomate Technologies Private Limited, the primary company behind Innomate Tech, for FY 2024. Revenue was ₹36.5 Lakh (-87% year on year). Net loss was -₹11.5 Lakh (-31% margin). EBITDA was -₹10.5 Lakh (-29% margin). Revenue has grown at a compounded annual rate of +50% over three years.
- ₹36.5 LakhRevenue · FY 2024 · -87% YoY
- -₹11.5 LakhNet loss · -31% margin
- -₹10.5 LakhEBITDA · -29% margin
- ₹10 LakhPaid-up capital
- +50%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Innomate Technologies Private Limited are on its company page.
Detailed financial statements for Innomate Tech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Innomate Tech
Innomate Tech has 9 listed competitors in our database, 8 of them funded. They include LifeSigns, YoloHealth, AyuRythm, Zivov and BabyG, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lifesigns.us | 2019 | Chennai, India | $1.6M | 175 | Cloud-based wireless patches for digital patient monitoring are offered. | |
| yolohealth.in | 2015 | Mumbai, India | $682,592 | 44 | Primary healthcare is delivered through automated kiosks for diagnostics. | |
| ayurythm.com | 2018 | Bengaluru, India | $1.03M | – | Mobile app offering personalized wellness recommendations based on health parameters | |
| zivov.com | 2020 | Delhi, India | $264,163 | – | AI-based chronic care platform is provided for patients and doctors. | |
| babyg.app | 2020 | Mumbai, India | $184,438 | 2 | Activities, milestones, and parenting tips are provided for baby development. | |
| raybaby.us | 2016 | Falls Church, United States | $1.16M | 9 | Provider of smart devices to monitor baby's vital signs and breathing | |
| cardiacdesignlabs.com | 2011 | Bengaluru, India | $2.22M | 10 | Wearable devices for remote cardiac patient monitoring are provided. | |
| cnogacare.co | 2004 | Caesarea, Israel | $70.5M | – | Developer of noninvasive medical devices and remote patient monitoring solutions. It develops and manufactures wearable sensors for continuous glucose monitoring and other vital signs. The company offers a digital platform for remote patient care, enabling continuous monitoring and virtual care services. This technology aims to improve disease management and reduce healthcare costs by providing convenient and accessible healthcare. The devices utilize Bluetooth connectivity for seamless data transmission to the cloud. | |
| bempu.com | 2014 | Bengaluru, India | – | 8 | Smart wearables for neonatal hypothermia monitoring are provided. |
Detailed competitors of Innomate Tech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Health Monitoring & Wearables
10 companies that operate in the same segment as Innomate Tech (Health Monitoring & Wearables), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,894 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | USD 398.5 M | 1,632 | |
Wearable glucose monitoring patches are provided for real-time data tracking. | 1999 | San Diego, California, United States | USD 52.5 M | USD 4.66 B | 10,300 | |
AI-based mobile app tracks and predicts menstrual cycles. | 2015 | London, England, United Kingdom | USD 269 M | USD 275.25 M | 701 | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
Provider of a fertility tracking app that doubles as birth control | 2013 | Stockholm, Sweden | USD 99.5 M | – | – | |
Diabetes management is enabled via glucose meters and mobile apps. | 2010 | Palo Alto, California, United States | USD 201 M | – | – |
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Frequently Asked Questions about Innomate Tech
Innomate Tech was founded in 2019.
Innomate Tech is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
The primary company behind Innomate Tech, Innomate Technologies Private Limited, reported revenue of ₹36.5 Lakh for FY 2024, down 87% year on year.
Innomate Tech operates with a B2B model, focusing on providing healthcare solutions, developing medical devices, patient monitoring, and baby tracking. Delivers baby tracking and communication devices for hospitals. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Innomate Tech operates through Innomate Technologies Private Limited.
The legal entities of Innomate Tech currently have 2 directors, including Pavanasam Pillai Ganesh, Ganesh Hemavathi.