About Medtra Innovative
Medtra Innovative is a Healthcare company based in Ernakulam (India) founded in 2016 by Saj Sulaiman and Rajesh Kumar S. Developer of augmented reality-based vein tracking device. Its Indian entity Medtra Innovative Technologies Private Limited reported revenue of ₹21.4 Lakh. Medtra Innovative offers products and services including VEINEUX AR100. Its focus areas include HealthTech, Healthcare IT, Provider and Aids for Doctors. Its competitors include InfraEyes, HG wellness and Veintrack.
Company details
Developer of an augmented reality-based vein tracking device. The company focuses on the development of diagnostic therapeutic devices using virtual reality (VR) and augmented reality (AR). The flagship product, VEINEUX AR 100 is a portable vein tracking device using augmented reality which assists in oncology treatment procedures in physical examination, intravenous access, varicose vein treatment, surgical procedures, and cosmetic procedures.
- Headquarters Ernakulam, India
- Founders Saj Sulaiman, Rajesh Kumar S
- SectorsHealthcare
- Phone•••• ••••
- Website medtrainnovations.com
- Social LinkedIn Facebook YouTube
- Legal Name Medtra Innovative Technologies Private Limited
- Date of Incorporation 13 Apr, 2017
- Jurisdiction Edappally, Kerala, India
- Annual Revenue₹21.4 Lakh
FY 2024 · +118% YoY
- Net Loss-₹42.7 Lakh
FY 2024 · -200% margin
- EBITDA-₹52.6 Lakh
FY 2024 · -246% margin
- Investors
Associated legal entities of Medtra Innovative
Medtra Innovative operates through Medtra Innovative Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Medtra Innovative Technologies Private Limited CIN U73200KL2017PTC048884 | Active | 13 Apr 2017 | Edappally, Kerala | ₹0.2 Cr | 2 | View details |
Products & Services of Medtra Innovative
Medtra Innovative offers a comprehensive portfolio of products and services, including VEINEUX AR100.
Augmented Reality device for tracking veins during medical procedures.
Apps and channels of Medtra Innovative
its YouTube channel Medtra Innovations has 363 subscribers and 11 videos.
Videos from Medtra Innovative
The most watched videos on Medtra Innovative's YouTube channel, Medtra Innovations (363 subscribers). Click a video to play it here.
More on Medtra Innovations.
Funding Insights of Medtra Innovative
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Medtra Innovative 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 2020 | Grant | – | – |
1 investors in total: 1 institutional.
Investors in Medtra Innovative
Medtra Innovative has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Government of Kerala.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Kerala government portal | 2019 | kerala.gov.in | Thiruvananthapuram, India |
Investor details for Medtra Innovative
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Board of directors of Medtra Innovative Technologies Private Limited (Medtra Innovative)
Medtra Innovative Technologies Private Limited is the primary company behind Medtra Innovative. The board of Medtra Innovative Technologies Private Limited currently have 2 directors; the longest-serving is Saj Manzil Saj Sulaiman, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saj Manzil Saj Sulaiman DIN 06420036 | Director | 13 Apr 2017 | 9 yrs 6 mo | Medtra Innovative Technologies Private Limited |
| Onattu House Sukumaran Rajesh Kumar DIN 07235090 | Managing Director | 12 Jul 2018 | 8 yrs 3 mo | Medtra Innovative Technologies Private Limited |
People of Medtra Innovative
2 people are tracked at Medtra Innovative (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & Chairman | Leadership | |
Rajesh Kumar S | Co-Founder & Managing Director | Leadership |
Complete people profiles for Medtra Innovative
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Financials of Medtra Innovative
Figures of Medtra Innovative Technologies Private Limited, the primary company behind Medtra Innovative, for FY 2024. Revenue was ₹21.4 Lakh (+118% year on year). Net loss was -₹42.7 Lakh (-200% margin). EBITDA was -₹52.6 Lakh (-246% margin). Revenue has grown at a compounded annual rate of -30% over three years and +17% over five years.
- ₹21.4 LakhRevenue · FY 2024 · +118% YoY
- -₹42.7 LakhNet loss · -200% margin
- -₹52.6 LakhEBITDA · -246% margin
- ₹1 LakhPaid-up capital
- -30%Revenue CAGR, 3 years
- +17%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medtra Innovative Technologies Private Limited are on its company page.
Detailed financial statements for Medtra Innovative
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Timeline of Medtra Innovative
2 dated milestones of Medtra Innovative across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Medtra Innovative is founded.
- Funding First funding round.
Competitors of Medtra Innovative
Medtra Innovative has 3 listed competitors in our database. They include InfraEyes, HG wellness and Veintrack.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| infraeyes.in | 2011 | Bengaluru, India | 5 | Portable non-invasive devices for vein detection and visualization are provided. | ||
| hgwellness.in | 2017 | Ahmedabad, India | Vein detection tools are developed for healthcare professionals' use. | |||
| veintrack.com | 2020 | Kochi, India | Offers a digital vein detection tool for healthcare professionals to enhance patient care. |
Detailed competitors of Medtra Innovative
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Related news about Medtra Innovative
Complete news archive for Medtra Innovative
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Frequently Asked Questions about Medtra Innovative
Medtra Innovative was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Medtra Innovative is headquartered in Ernakulam, India. It is registered at Ernakulam, Kerala, India.
The primary company behind Medtra Innovative, Medtra Innovative Technologies Private Limited, reported revenue of ₹21.4 Lakh for FY 2024, up 118% year on year.
Developer of an augmented reality-based vein tracking device. The company focuses on the development of diagnostic therapeutic devices using virtual reality (VR) and augmented reality (AR). The flagship product, VEINEUX AR 100 is a portable vein tracking device using augmented reality which assists in oncology treatment procedures in physical examination, intravenous access, varicose vein treatment, surgical procedures, and cosmetic procedures.
Medtra Innovative's top competitors include InfraEyes, HG wellness and Veintrack.
Medtra Innovative offers VEINEUX AR100.
Medtra Innovative has 1 investor. Key investors include Government of Kerala.
Medtra Innovative operates through Medtra Innovative Technologies Private Limited.
The legal entities of Medtra Innovative currently have 2 directors, including Saj Manzil Saj Sulaiman, Onattu House Sukumaran Rajesh Kumar.