Logy.AI

Hyderabad, India Founded: 2019 • Age: 7 yrs
AI-based digital health screening platform for clinicians

About Logy.AI

Logy.AI is a Healthcare company based in Hyderabad (India) founded in 2019 by Nivedita Tiwari, Anand Panchbhai, and Priyanjit Ghosh. It operates as an AI-based digital health screening platform for clinicians. Logy.AI has raised $114.09 thousand across 3 funding rounds from investors including IIIT Hyderabad and TIDES Business Incubator. Logy.AI was last valued at $471.28 thousand in October 2019. Its chief executive is Priyanjit Ghosh. Its Indian entity Nex Fitzap Private Limited reported revenue of β‚Ή2.48 Cr. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its competitors include Kitware, TympaHealth, Strong Room, Medical Image Mining Laboratories and LymphaTech and 4 more; 2 of its 9 listed competitors have raised funding.

Company details

Logy.AI was founded in 2019 in Hyderabad, India, as an AI-based digital health screening platform. Operations focus on the health technology sector, where software assists clinicians in identifying oral hygiene issues and eye diseases. Services include patient communication tools, disease detection, and smartphone-enabled assessments for oral and eye health. Access to quick screenings is provided for individuals and healthcare providers through the platform.

  • Headquarters Hyderabad, India
  • Founders Nivedita Tiwari, Anand Panchbhai, Priyanjit Ghosh
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website logy.ai
  • Social LinkedIn
  • Legal Name Nex Fitzap Private Limited
  • Date of Incorporation 15 Feb, 2018
  • Jurisdiction Kalyani, West Bengal, India
Key Metrics
  • Annual Revenue
    ₹2.48 Cr

    FY 2024 · +147% YoY

  • Net Profit
    ₹73.9 Lakh

    FY 2024 · 30% margin

  • EBITDA
    ₹99.5 Lakh

    FY 2024 · 40% margin

  • Total Equity Funding
    $114.09K (USD)

    in 3 rounds

  • Investors

Funding Insights of Logy.AI

Logy.AI has successfully raised a total of $114.09K across 3 strategic funding rounds. 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 $114,086
  • Total Rounds 3
  • First Round $14,086

    (Oct 2019)

  • Investors Count 2

All 3 funding rounds of Logy.AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2023–Grant––
May 2023$100,000Seed––
Oct 2019$14,086Seed$471,277IIIT Hyderabad
–
Valuation history

Last known valuation $471,277 (Oct 2019). 2 investors in total: 2 institutional.

Investors in Logy.AI

Logy.AI has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include IIIT Hyderabad and TIDES Business Incubator.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Startup incubator
2011tides.iitr.ac.inRoorkee, India
Information technology courses are offered at undergraduate and postgraduate levels.
1998iiit.ac.inHyderabad, India
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Investor details for Logy.AI

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Board of directors of Nex Fitzap Private Limited (Logy.AI)

Nex Fitzap Private Limited is the primary company behind Logy.AI. The boards of the 4 registered companies of Logy.AI currently have 7 directors; the longest-serving is Vinay Gokuldas Khobragade, appointed in 2018. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Vinay Gokuldas Khobragade
DIN 08055704
Director02 Jul 20188 yrs 3 moNex Fitzap Private Limited
Goutam Kumar Ghosh
DIN 10125214
Designated Partner20 Apr 20233 yrs 5 moPriyanjit Ghosh Ventures Llp
Priyanjit Kumar Ghosh
DIN 08027287
Designated Partner20 Apr 20233 yrs 5 moPriyanjit Ghosh Ventures Llp, Nex Fitzap Private Limited
Anand Panchbhai
DIN 08527486
Designated Partner24 Apr 20233 yrs 5 moPanchbhai Technologies Llp, Nex Fitzap Private Limited
Geeta Panchbhai
DIN 10130616
Designated Partner24 Apr 20233 yrs 5 moPanchbhai Technologies Llp
Nivedita Tiwari
DIN 10136217
Designated Partner27 Apr 20233 yrs 5 moNivedita Tiwari Consulting Llp, Nex Fitzap Private Limited
Pratibha Tiwari
DIN 10136216
Designated Partner27 Apr 20233 yrs 5 moNivedita Tiwari Consulting Llp

People of Logy.AI

3 people are tracked at Logy.AI (3 in leadership).

NameRoleGroup
Co-FounderLeadership
Co-Founder & CTOLeadership
Co-Founder & CEOLeadership
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Financials of Logy.AI

Figures of Nex Fitzap Private Limited, the primary company behind Logy.AI, for FY 2024. Revenue was ₹2.48 Cr (+147% year on year). Net profit was ₹73.9 Lakh (30% margin). EBITDA was ₹99.5 Lakh (40% margin). Revenue has grown at a compounded annual rate of +205% over three years.

  • ₹2.48 CrRevenue · FY 2024 · +147% YoY
  • ₹73.9 LakhNet profit · 30% margin
  • ₹99.5 LakhEBITDA · 40% margin
  • ₹1 LakhPaid-up capital
  • +205%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Nex Fitzap Private Limited are on its company page.

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Detailed financial statements for Logy.AI

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Timeline of Logy.AI

3 dated milestones of Logy.AI across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Logy.AI is founded.
  2. Funding First funding round of $14K.
  3. Funding Latest funding round, Grant,.

Competitors of Logy.AI

Logy.AI has 9 listed competitors in our database, 2 of them funded. They include Kitware, TympaHealth, Strong Room, Medical Image Mining Laboratories and LymphaTech, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
kitware.com1998Clifton Park, United States–176
Open-source software products and services
tympahealth.com2019London, United Kingdom$31M79
Provider of an AI-based hearing health diagnosis device for medical professionals
strongroom.ai2017Docklands, Australia––
Provider of 3D facial mapping technology for biometrics solutions
mimlabs.com2008Valhalla, United States$3.9M–
Digital image analysis for skin and hair conditions is offered.
lymphatechnology.com2014Atlanta, United States––
A handheld 3D imaging device for lymphedema diagnosis is provided.
true-see.com2010New Orleans, United States––
Advanced color-calibrated photography is utilized for wound care assessment.
alma-medical.com2005Barcelona, Spain––
Develops software for medical image storage, visualization, and AI integration.
aigora.de2018Munich, Germany––
Online platform enabling users to view medical image data
med2measure.com2023Pune, India––
Develops AI tools to detect joint inflammation in rheumatology patients.
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Detailed competitors of Logy.AI

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Web traffic of Logy.AI

The website of Logy.AI (logy.ai) receives about 5.9K visits a month.

  • Monthly visits
    5.9K

    ▲ 336.3% vs previous month

Top companies in Clinical IT & Data Platforms

10 companies that operate in the same segment as Logy.AI (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 716.99 M–1,832
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M–1,746
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 473.73 M–3,902
App-based health insurance is offered to individuals and businesses.
2016Paris, Ile de France, FranceUSD 863.12 M–1,606
Virtual care programs for managing chronic diseases are provided.
2011San Francisco, California, United StatesUSD 450.12 MUSD 260.21 M992
AI-driven EMR and practice management software is delivered for clinics.
2010Boca Raton, Florida, United StatesUSD 329.17 M–2,470
Cloud-based administrative tools for healthcare providers are offered.
1997Watertown, United StatesUSD 40 M––
Membership-based primary care platform is offered for employees and consumers.
2007San Francisco, California, United StatesUSD 402.56 M––
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Related news about Logy.Ai

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Frequently Asked Questions about Logy.AI

Logy.AI was founded in 2019.

Logy.AI is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.

Priyanjit Ghosh is the current CEO of Logy.AI. They have also founded this company.

Logy.AI is a funded company, having raised a total of $114.09K across 3 funding rounds to date. The company's 1st funding round was a Seed of $14.09K, raised on Oct 2019.

The primary company behind Logy.AI, Nex Fitzap Private Limited, reported revenue of β‚Ή2.48 Cr for FY 2024, up 147% year on year.

Logy.AI was founded in 2019 in Hyderabad, India, as an AI-based digital health screening platform. Operations focus on the health technology sector, where software assists clinicians in identifying oral hygiene issues and eye diseases. Services include patient communication tools, disease detection, and smartphone-enabled assessments for oral and eye health. Access to quick screenings is provided for individuals and healthcare providers through the platform.

Logy.AI's top competitors include TympaHealth, Kitware and Strong Room.

Logy.AI has 2 investors. Key investors include IIIT Hyderabad, and TIDES Business Incubator.

The valuation of Logy.AI is $471.28K as of Oct 2019.

Logy.AI is associated with 4 legal entities: Nex Fitzap Private Limited, Nivedita Tiwari Consulting Llp, Panchbhai Technologies Llp and others.

The legal entities of Logy.AI currently have 7 directors, including Nivedita Tiwari, Pratibha Tiwari, Anand Panchbhai and others.

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