About Medevplus
Medevplus is a company based in Bengaluru (India) founded in 2018 by Ravi Kiran Manapuram. Medevplus has raised $322.86 thousand across 5 funding rounds from investors including VIT-TBI, Sandipan Arafat Laskhar and S Nakka Niveditha. Medevplus offers products and services including IXanner AEAR, Ultima OCT, Optics Design Services, 3D Animal Imaging Services, and Eye Screening Services. Medevplus operates in a competitive market with competitors including SpectraWAVE, NinePoint Medical, MedLumics, OncoRes Medical and Vivolight, among others.
- Headquarter Bengaluru, India
- Founders Ravi Kiran Manapuram
- Stage Minicorn
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Sectors
Healthcare
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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 Tishya's Medical Device Development Solutions Private Limited
- Date of Incorporation 11 Jun, 2018
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$164.69 K (USD)262.98as on Mar 31, 2023
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Net Profit
$13.04 K (USD)225.16as on Mar 31, 2023
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EBITDA
$32.98 K (USD)341.7as on Mar 31, 2023
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Total Equity Funding
$322.86 K (USD)
in 5 rounds
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Latest Funding Round
$128.33 K (USD), Seed
Mar 25, 2025
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Investors
VIT-TBI
& 9 more
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Employee Count
Not available
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Products & Services of Medevplus
Medevplus offers a comprehensive portfolio of products and services, including IXanner AEAR, Ultima OCT, Optics Design Services, 3D Animal Imaging Services, and Eye Screening Services.
Device for early detection of glaucoma and other eye diseases.
System for non-invasive tissue analysis in healthcare applications.
Provides optics-based solutions for company-specific problems.
Offers 3D scans of animal tissues for research purposes.
Delivers OCT images and analysis for human eye conditions.
Provides software for optics design and simulation tools.
Funding Insights of Medevplus
Medevplus has successfully raised a total of $322.86K across 5 strategic funding rounds. The most recent funding activity was a Seed round of $128.33 thousand completed in March 2025. 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 Medevplus
Medevplus has secured backing from 10 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include VIT-TBI, Sandipan Arafat Laskhar and S Nakka Niveditha.
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Technology business incubation and support services for innovators are provided in India.
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BITS BioCyTiH Foundation is focused on Bio-CPS technology development.
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Sandipan Arafat Laskhar |
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Investor details for Medevplus
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Investments & Acquisitions by Medevplus
Investment portfolio details for Medevplus
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Financial Statements - Medevplus
Detailed financials for Medevplus
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Medevplus Comparisons
Peer comparison for Medevplus
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Competitors of Medevplus
Medevplus 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 SpectraWAVE, NinePoint Medical, MedLumics, OncoRes Medical and Vivolight, among others.
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Photonic imaging diagnostics for cardiovascular disease treatment are provided.
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Optical coherence tomography systems for tissue microstructure imaging are developed.
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Biological tissue imaging is developed using optical coherence tomography.
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Intraoperative imaging technology is developed for surgical procedures.
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Optical coherence tomography is developed for coronary functional evaluation.
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Non-invasive 3D imaging devices for skin cancer diagnostics are developed.
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Detailed competitors of Medevplus
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Latest news on Medevplus
Complete news archive for Medevplus
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Frequently Asked Questions about Medevplus
Medevplus was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Medevplus is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Medevplus is a funded company, having raised a total of $322.86K across 5 funding rounds to date.
Annual revenue of Medevplus is $164.69K as on Mar 31, 2023.
Developer of portable, affordable deep-tech medical devices utilizing optics and photonics technology for healthcare applications. Their flagship product, IXanner 7vn, is a worlds first portable OCT device that delivers advanced diagnostics anywhere. MedevPlus aims to transform eye care with its cutting-edge technology.
Medevplus's top competitors include NinePoint Medical, SpectraWAVE and MedLumics.
Medevplus offers IXanner AEAR, Ultima OCT, Optics Design Services, 3D Animal Imaging Services, and 2 more products and services.
Medevplus has 10 investors. Key investors include VIT-TBI, Sandipan Arafat Laskhar, S Nakka Niveditha, BITS BioCyTiH Foundation, and Aditya Singh.
The valuation of Medevplus is $3.28M as of Mar 2024.