About Memotag
Memotag is a Healthcare company based in Delhi (India) founded in 2023. It offers AI wearables for monitoring dementia patients and assisting caregivers. It operates on a D2C and B2B model. Its Indian entity Procohat Technologies Private Limited reported revenue of ₹70.9 Lakh. Memotag offers products and services including MemoTag Wearable and MemoTag App. Its focus areas include Elder Care Tech, Dementia Monitoring and AI Wearables.
Company details
MemoTag develops AI-powered wearables that monitor falls, track GPS, provide medication reminders, and analyze cognitive patterns for dementia patients. It operates through a mobile app for real-time insights and alerts, empowering caregivers with reports and exercises. Based in New Delhi, India, it partners with hospitals and eldercare providers worldwide to enhance patient safety and cognitive health.
- Headquarters Delhi, India
- SectorsHealthcare
- Website memotag.io
- Social LinkedIn Instagram
- Legal Name Procohat Technologies Pvt. Ltd.
- Date of Incorporation 28 Jan, 2019
- Jurisdiction Nagpur, Maharashtra, India
- Annual Revenue₹70.9 Lakh
FY 2025 · +260% YoY
- Net Loss-₹1.17 Cr
FY 2025 · -165% margin
- EBITDA-₹1.31 Cr
FY 2025 · -185% margin
Associated legal entities of Memotag
Memotag is associated with 2 registered companies on The Company Check; the primary company is Procohat Technologies Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Procohat Technologies Private Limited CIN U74994MH2019PTC320255 | Active | 28 Jan 2019 | Nagpur, Maharashtra | ₹0.7 Cr | 22 | 3 | View details |
| Memotag Innovations Private Limited CIN U62099DL2024PTC434823 | Active | 30 Jul 2024 | New Delhi, Delhi | 2 | View details |
Products & Services of Memotag
Memotag offers a comprehensive portfolio of products and services, including MemoTag Wearable and MemoTag App.
Device for real-time monitoring of falls and cognitive health.
Application for tracking patient data and caregiver support.
Board of directors of Procohat Technologies Private Limited (Memotag)
Procohat Technologies Private Limited is the primary company behind Memotag. The boards of the 2 registered companies of Memotag currently have 5 directors; the longest-serving is Wasudev Ganeshprasad Mishra, appointed in 2019. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Wasudev Ganeshprasad Mishra DIN 08344366 | Director | 28 Jan 2019 | 7 yrs 8 mo | Procohat Technologies Private Limited |
| Saloni Girdhari Bagwani DIN 09058138 | Director | 08 Feb 2021 | 5 yrs 8 mo | Procohat Technologies Private Limited |
| Varun Juneja DIN 07482417 | Director | 30 Jul 2024 | 2 yrs 2 mo | Memotag Innovations Private Limited |
| Reyansh Juneja DIN 10725117 | Director | 30 Jul 2024 | 2 yrs 2 mo | Memotag Innovations Private Limited |
| Girish Krishnarao Mandlik DIN 11052388 | Director | 11 Jun 2025 | 1 yr 4 mo | Procohat Technologies Private Limited |
Financials of Memotag
Figures of Procohat Technologies Private Limited, the primary company behind Memotag, for FY 2025. Revenue was ₹70.9 Lakh (+260% year on year). Net loss was -₹1.17 Cr (-165% margin). EBITDA was -₹1.31 Cr (-185% margin). Revenue has grown at a compounded annual rate of +52% over three years and +93% over five years.
- ₹70.9 LakhRevenue · FY 2025 · +260% YoY
- -₹1.17 CrNet loss · -165% margin
- -₹1.31 CrEBITDA · -185% margin
- ₹1 LakhPaid-up capital
- 22Employees (provident fund records)
- +52%Revenue CAGR, 3 years
- +93%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Procohat Technologies Private Limited are on its company page.
Detailed financial statements for Memotag
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Top companies in Health Monitoring & Wearables
3 companies that operate in the same segment as Memotag (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 |
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Frequently Asked Questions about Memotag
Memotag was founded in 2023.
Memotag is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind Memotag, Procohat Technologies Private Limited, reported revenue of ₹70.9 Lakh for FY 2025, up 260% year on year.
MemoTag develops AI-powered wearables that monitor falls, track GPS, provide medication reminders, and analyze cognitive patterns for dementia patients. It operates through a mobile app for real-time insights and alerts, empowering caregivers with reports and exercises. Based in New Delhi, India, it partners with hospitals and eldercare providers worldwide to enhance patient safety and cognitive health.
Memotag offers MemoTag Wearable and MemoTag App.
Memotag is associated with 2 legal entities: Procohat Technologies Private Limited, Memotag Innovations Private Limited.
The legal entities of Memotag currently have 5 directors, including Varun Juneja, Reyansh Juneja, Saloni Girdhari Bagwani and others.