About MediSim VR
MediSim VR is a company based in Chennai (India) founded in 2018 by Jeno Manickam Durairaj, Rameshkumar Chinnaswami Adith, and Rajagopal Sabarish Chandrasekaran.. MediSim VR has raised $1.02 million across 1 funding round from investors including FirstPort, CIGS Tech Innovations and The Chennai Angels. The company has 1 employees as of April 01, 2024. MediSim VR operates in a competitive market with competitors including Immotion, Lemnis Technologies, Inno Simulation, vMocion and MONKEY, among others.
- Headquarter Chennai, India
- Employees 1 as on 01 Apr, 2024
- Founders Jeno Manickam Durairaj, Rameshkumar Chinnaswami Adith, Rajagopal Sabarish Chandrasekaran
- Stage Minicorn
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Medisim Vr Private Limited
- Date of Incorporation 31 May, 2018
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$43.56 K (USD)0as on Mar 31, 2022
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Net Profit
$-28.67 K (USD)-210.62as on Mar 31, 2022
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EBITDA
$-17.53 K (USD)-90.65as on Mar 31, 2022
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Total Equity Funding
$1.02 M (USD)
in 1 rounds
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Latest Funding Round
$1.02 M (USD), Seed
Mar 08, 2022
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Investors
FirstPort
& 24 more
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Employee Count
1
as on Apr 01, 2024
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Funding Insights of MediSim VR
MediSim VR has successfully raised a total of $1.02M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.02 million completed in March 2022. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
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First Round
First Round
(08 Mar 2022)
- Investors Count 25
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - MediSim VR | Valuation | Inflection Point Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in MediSim VR
MediSim VR has secured backing from 25 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include FirstPort, CIGS Tech Innovations and The Chennai Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in early-stage tech startups across sectors.
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Founded Year | Domain | Location | |
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Angel network focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by MediSim VR
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - MediSim VR
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Medisim Vr Comparisons
Competitors of MediSim VR
MediSim VR 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 Immotion, Lemnis Technologies, Inno Simulation, vMocion and MONKEY, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides motion-based VR experiences for zoos, aquariums, and museums worldwide.
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| domain | founded_year | HQ Location |
VR headsets are provided to alleviate user motion sickness.
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| domain | founded_year | HQ Location |
Simulators for various industries are manufactured and supplied.
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| domain | founded_year | HQ Location |
Real-time motion tracking platform for VR is developed.
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| domain | founded_year | HQ Location |
Patented SDK is developed to reduce VR motion sickness.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Medisim Vr
Frequently Asked Questions about MediSim VR
When was MediSim VR founded?
MediSim VR was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is MediSim VR located?
MediSim VR is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Who is the current CEO of MediSim VR?
Rajagopal Sabarish Chandrasekaran is the current CEO of MediSim VR. They have also founded this company.
Is MediSim VR a funded company?
MediSim VR is a funded company, having raised a total of $1.02M across 1 funding round to date. The company's 1st funding round was a Seed of $1.02M, raised on Mar 08, 2022.
How many employees does MediSim VR have?
As of Apr 01, 2024, the latest employee count at MediSim VR is 1.
What is the annual revenue of MediSim VR?
Annual revenue of MediSim VR is $43.56K as on Mar 31, 2022.
What does MediSim VR do?
MediSim VR was founded in 2018 in Chennai, India, as a provider of simulators for healthcare training. Focus is placed on haptic feedback models that simulate physical interactions for users. Training is supported for laparoscopy and other minimally invasive surgeries. Operations are centered in the healthcare sector, with emphasis on virtual reality tools for medical professionals.
Who are the top competitors of MediSim VR?
MediSim VR's top competitors include Lemnis Technologies, Inno Simulation and MONKEY.
Who are MediSim VR's investors?
MediSim VR has 25 investors. Key investors include FirstPort, CIGS Tech Innovations, The Chennai Angels, Hvb 88 Angels, and IP Ventures.
What is MediSim VR's valuation?
The valuation of MediSim VR is $3.96M as of Mar 2022.
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