About Litemed
Litemed is a Healthcare company based in Hyderabad (India) founded in 2022 by Sriram Velliyur and Surya Prakash. A non-invasive pod for musculoskeletal pain management is provided. It operates in the Healthcare and Technology sectors. Litemed has raised $4.63 million across 6 funding rounds from investors including Ideaspring Capital, 3i Partners and Verlinvest. The company has 16 employees. Its chief executive, as recorded, is Sriram Velliyur. Its website litemed.co.in draws about 122 thousand monthly visits. Its Indian entity Litemed India Private Limited reported revenue of ₹1.65 Cr. Its focus areas include HealthTech, Disease Self Management, Pain and Therapy.
Company details
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.
- Headquarters Hyderabad, India
- Employees 16
- Founders Sriram Velliyur, Surya Prakash
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website litemed.co.in
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Litemed India Private Limited
- Date of Incorporation 28 Apr, 2022
- Jurisdiction Khajaguda, Telangana, India
- Annual Revenue₹1.65 Cr
FY 2025 · +265% YoY
- Net Loss-₹4.49 Cr
FY 2025 · -272% margin
- EBITDA-₹3.94 Cr
FY 2025 · -238% margin
- Total Equity Funding$4.63M (USD)
in 6 rounds
- Latest Funding Round$2.21M (USD), Seed
Feb 2026
- InvestorsIdeaspring Capital
& 15 more
- Employee Count16
Associated legal entities of Litemed
Litemed operates through Litemed India 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 |
|---|---|---|---|---|---|---|---|
| Litemed India Private Limited CIN U33119TG2022PTC162159 | Active | 28 Apr 2022 | Hyderabad, Telangana | ₹1.7 Cr | 16 | 2 | View details |
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.
- Total Funding $4.63M
- Total Rounds 6
- Last Round Seed — $2.21M
- First Round $284,357
(May 2022)
- Investors Count 16
All 6 funding rounds of Litemed 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 |
|---|---|---|---|---|---|
| Feb 2026 | $2.21M | Seed | – | V3 Ventures | |
| Jun 2025 | $931,811 | Seed | – | Ideaspring Capital, Verlinvest | |
| Oct 2024 | $240,862 | Seed | – | Alok Bhargava, Chetan Baboor | |
| Jan 2024 | $421,170 | Angel Round | – | Dayanand Pai, Raj Jayvijaysinh M | – |
| Apr 2023 | $547,585 | Angel Round | – | Rekha Murthy, Anirban Lahiri | |
| May 2022 | $284,357 | Seed | – | 3S Solutions, S Rangarajan | – |
16 investors in total: 5 institutional and 11 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments are provided to technology startups by Ideaspring Capital. | ideaspringcap.com | Bengaluru, India | ||
| 3ipartners.vc | ||||
Single family office of a Belgian family focused on multiple industries | verlinvest.com | Brussels, Belgium | ||
| v3.ventures | ||||
AB Alok Bhargava | unknown_ad4ef06e587944f5b | |||
CB Chetan Baboor | unknown_2095fe17b4cd4d439 | |||
ST Shweta Thallam | unknown_22d3db6689bd453db | |||
DP Dayanand Pai | unknown_c54cce1c43a84cb19 | |||
RJ Raj Jayvijaysinh M | unknown_e73801e486cd46d98 | |||
RM Rekha Murthy | unknown_fc0f7bce32444ac78 |
Investor details for Litemed
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Litemed India Private Limited (Litemed)
Litemed India Private Limited is the primary company behind Litemed. The board of Litemed India Private Limited currently have 2 directors; the longest-serving is Surya Prakash Maguluri, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Surya Prakash Maguluri DIN 09589701 | Director | 28 Apr 2022 | 4 yrs 6 mo | Litemed India Private Limited |
| Velliyur Sriram DIN 09589702 | Director | 28 Apr 2022 | 4 yrs 6 mo | Litemed India Private Limited |
People of Litemed
2 people are tracked at Litemed (2 in leadership); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership |
Complete people profiles for Litemed
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Litemed
Figures of Litemed India Private Limited, the primary company behind Litemed, for FY 2025. Revenue was ₹1.65 Cr (+265% year on year). Net loss was -₹4.49 Cr (-272% margin). EBITDA was -₹3.94 Cr (-238% margin).
- ₹1.65 CrRevenue · FY 2025 · +265% YoY
- -₹4.49 CrNet loss · -272% margin
- -₹3.94 CrEBITDA · -238% margin
- ₹21.8 LakhPaid-up capital
- 16Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Litemed India Private Limited are on its company page.
Detailed financial statements for Litemed
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Litemed
3 dated milestones of Litemed across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Litemed is founded.
- Funding First funding round of $284K.
- Funding Latest funding round, Seed, of $2.2M.
Web traffic of Litemed
The website of Litemed (litemed.co.in) receives about 121.9K visits a month.
- Monthly visits121.9K
▲ 21.8% vs previous month
Top companies in Health Monitoring & Wearables
3 companies that operate in the same segment as Litemed (Health Monitoring & Wearables) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
AI-powered EMR, EHR, and patient engagement solutions are provided. | 2020 | Bengaluru, Karnataka, India | USD 19.5 M | USD 3.36 M | 117 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
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 CEO of Litemed, as recorded in our data. They have also founded this company.
Litemed is a funded company, having raised a total of $4.63M across 6 funding rounds to date. The company's 1st funding round was a Seed of $284.36K, raised on May 2022.
Litemed has 16 employees.
The primary company behind Litemed, Litemed India Private Limited, reported revenue of ₹1.65 Cr for FY 2025, up 265% year on year.
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 has 16 investors. Key investors include Ideaspring Capital, 3i Partners, Verlinvest, Alok Bhargava, and Chetan Baboor.
Litemed operates through Litemed India Private Limited.
The legal entities of Litemed currently have 2 directors, including Surya Prakash Maguluri, Velliyur Sriram.
The website of Litemed receives about 122 thousand visits a month.