About Merkel Haptics
Merkel Haptics is a Technology company based in Chennai (India) founded in 2011 by Manivannan Muniyandi. Haptic-enabled VR technology for medical simulations is provided. Its chief executive, as recorded, is Padma Priya. Its Indian entity Merkel Haptic Systems Private Limited reported revenue of ₹1.89 Cr. Merkel Haptics offers products and services including Healthcare Simulators and VR Haptics Technology. Its focus areas include Business Services and NUI Services.
Company details
Merkel Haptics was founded in 2011 in Chennai, India, focusing on virtual reality solutions for medical training. Haptic-enabled software and hardware are delivered to medical institutes to support clinical skill development in virtual settings. Simulators for epidural injections, laparoscopy, cardiac procedures, and sonography are among the offerings. Clients such as Innov4Sight, Qneuro, and IIT Madras are included in the network.
- Headquarters Chennai, India
- Founders Manivannan Muniyandi
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website merkelhaptics.com
- Social LinkedIn Facebook
- Legal Name Merkel Haptic Systems Private Limited
- Date of Incorporation 19 Jul, 2011
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹1.89 Cr
FY 2024 · +284% YoY
- Net Profit₹8.2 Lakh
FY 2024 · 4% margin
- EBITDA₹8.7 Lakh
FY 2024 · 5% margin
- InvestorsRTBI
& 1 more
Associated legal entities of Merkel Haptics
Merkel Haptics operates through Merkel Haptic Systems 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 |
|---|---|---|---|---|---|---|---|
| Merkel Haptic Systems Private Limited CIN U74999TN2011PTC081571 | Active | 19 Jul 2011 | Chennai, Tamil Nadu | ₹1.9 Cr | 3 | View details |
Products & Services of Merkel Haptics
Merkel Haptics offers a comprehensive portfolio of products and services, including Healthcare Simulators and VR Haptics Technology.
Hardware and software for clinical skills training in immersive environments are designed using virtual reality and haptic feedback technology.
Advanced virtual reality systems with haptic technology for healthcare are developed to minimize hardware accessories.
Funding Insights of Merkel Haptics
- Total Rounds 2
- Investors Count 2
All 2 funding rounds of Merkel Haptics 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 |
|---|---|---|---|---|---|
| Aug 2017 | Seed | – | – | ||
| Dec 2015 | Grant | – | – |
2 investors in total: 2 institutional.
Investors in Merkel Haptics
Merkel Haptics has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include RTBI and Ministry of Micro, Small and Medium Enterprise.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups in rural technologies are incubated by government-backed RTBI. | rtbi.in | Chennai, India | ||
Official website of ministry of micro, small and medium enterprises | msme.gov.in | Delhi, India |
Investor details for Merkel Haptics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Merkel Haptic Systems Private Limited (Merkel Haptics)
Merkel Haptic Systems Private Limited is the primary company behind Merkel Haptics. The board of Merkel Haptic Systems Private Limited currently have 3 directors; the longest-serving is Manivannan Muniyandi, appointed in 2012. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manivannan Muniyandi DIN 05263559 | Director | 12 Apr 2012 | 14 yrs 7 mo | Merkel Haptic Systems Private Limited |
| Arjunan Arjunandurairaj DIN 08094002 | Additional Director | 23 Mar 2018 | 8 yrs 7 mo | Merkel Haptic Systems Private Limited |
| Paragi Vedanthi Padma Priya DIN 06958373 | Additional Director | 23 Jun 2018 | 8 yrs 4 mo | Merkel Haptic Systems Private Limited |
People of Merkel Haptics
2 people are tracked at Merkel Haptics (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| CEO | Leadership |
Complete people profiles for Merkel Haptics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Merkel Haptics
Figures of Merkel Haptic Systems Private Limited, the primary company behind Merkel Haptics, for FY 2024. Revenue was ₹1.89 Cr (+284% year on year). Net profit was ₹8.2 Lakh (4% margin). EBITDA was ₹8.7 Lakh (5% margin). Revenue has grown at a compounded annual rate of +231% over three years and +35% over five years.
- ₹1.89 CrRevenue · FY 2024 · +284% YoY
- ₹8.2 LakhNet profit · 4% margin
- ₹8.7 LakhEBITDA · 5% margin
- ₹24.7 LakhPaid-up capital
- +231%Revenue CAGR, 3 years
- +35%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Merkel Haptic Systems Private Limited are on its company page.
Detailed financial statements for Merkel Haptics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Merkel Haptics
3 dated milestones of Merkel Haptics across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Merkel Haptics is founded.
- Funding First funding round.
- Funding Latest funding round, Seed,.
Top companies in Natural User Interface & Assistive Systems
3 companies that operate in the same segment as Merkel Haptics (Natural User Interface & Assistive Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A technology company that provided communication services and has been permanently closed. | 2016 | Indore, Madhya Pradesh, India | USD 1.72 M | USD 90.68 K | ||
Global UX design company offering innovative solutions for automotive, financial, and retail industries. | 2009 | Pune, Maharashtra, India | USD 7.2 M | 147 | ||
Offers personal assistant apps for smartphones and smart wearable devices. | 2007 | Hyderabad, Telangana, India | USD 2.5 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Merkel Haptics
Complete news archive for Merkel Haptics
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Merkel Haptics
Merkel Haptics was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Merkel Haptics is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Padma Priya is the CEO of Merkel Haptics, as recorded in our data.
The primary company behind Merkel Haptics, Merkel Haptic Systems Private Limited, reported revenue of ₹1.89 Cr for FY 2024, up 284% year on year.
Merkel Haptics was founded in 2011 in Chennai, India, focusing on virtual reality solutions for medical training. Haptic-enabled software and hardware are delivered to medical institutes to support clinical skill development in virtual settings. Simulators for epidural injections, laparoscopy, cardiac procedures, and sonography are among the offerings. Clients such as Innov4Sight, Qneuro, and IIT Madras are included in the network.
Merkel Haptics offers Healthcare Simulators and VR Haptics Technology.
Merkel Haptics has 2 investors. Key investors include RTBI, and Ministry of Micro, Small and Medium Enterprise.
Merkel Haptics operates through Merkel Haptic Systems Private Limited.
The legal entities of Merkel Haptics currently have 3 directors, including Arjunan Arjunandurairaj, Manivannan Muniyandi, Paragi Vedanthi Padma Priya.