About Litemed
Litemed is a company based in Hyderabad (India) founded in 2022 by Sriram Velliyur and Surya Prakash. Litemed has raised $4.63 million across 6 funding rounds from investors including Ideaspring Capital, 3i Partners and Verlinvest. The company has 16 employees as of April 05, 2024. Litemed operates in a competitive market with competitors including Theranica, Mainstay Medical, Sooma Oy, SPR Therapeutics and ZetrOZ, among others.
- Headquarter Hyderabad, India
- Employees 16 as on 05 Apr, 2024
- Founders Sriram Velliyur, Surya Prakash
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Sectors
HealthcareTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Litemed India Private Limited
- Date of Incorporation 28 Apr, 2022
- Jurisdiction Khajaguda, Telangana, India
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Annual Revenue
$4.83 K (USD)0as on Mar 31, 2023
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Net Profit
-$422.28 K (USD)0as on Mar 31, 2023
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EBITDA
-$319.88 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$4.63 M (USD)
in 6 rounds
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Latest Funding Round
$2.21 M (USD), Seed
Feb 10, 2026
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Investors
Ideaspring Capital
& 15 more
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Employee Count
16
as on Apr 05, 2024
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Funding Insights of Litemed
Litemed has successfully raised a total of $4.63M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.21 million completed in February 2026. 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 Litemed
Litemed has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include Ideaspring Capital, 3i Partners and Verlinvest.
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Early-stage investments are provided to technology startups by Ideaspring Capital.
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Single family office of a Belgian family focused on multiple industries
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Investor details for Litemed
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Investments & Acquisitions by Litemed
Investment portfolio details for Litemed
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Financial Statements - Litemed
Detailed financials for Litemed
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Litemed Comparisons
Peer comparison for Litemed
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Competitors of Litemed
Litemed 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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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 Litemed
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Latest news on Litemed
Complete news archive for Litemed
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Frequently Asked Questions about Litemed
Litemed was founded in 2022.
Litemed is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Sriram Velliyur is the current CEO of Litemed. They have also founded this company.
Litemed is a funded company, having raised a total of $4.63M across 6 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Litemed is 16.
Annual revenue of Litemed is $4.83K as on Mar 31, 2023.
Litemed was founded in 2022 in Hyderabad, India, as a provider in the health technology sector. A portable, hands-free device known as CURAPOD is offered for non-invasive pain relief. Therapeutic light is utilized by the device to penetrate affected areas and address musculoskeletal conditions. Operations focus on delivering accessible treatment solutions within the Indian market.
Litemed's top competitors include Theranica, Mainstay Medical and Nufabrx.
Litemed has 16 investors. Key investors include Ideaspring Capital, 3i Partners, Verlinvest, Alok Bhargava, and Chetan Baboor.