About MIMYK
MIMYK is a company based in Bengaluru (India) founded in 2017 by Nithin Shivshankar, Shanthanu Chakravarthy, and Balaji Gopal. MIMYK has raised $292.06 thousand across 1 funding round from investors including Saama Capital, 92 Angels and Viney Sahgal Family Trust. The company has 27 employees as of April 05, 2024. MIMYK offers products and services including Medical Device Design, Prototyping Services, and End-to-End Engineering. MIMYK operates in a competitive market with competitors including Auris Health, MedInTech, Aohua Endoscopy, UnivLabs and EvoEndo, among others.
- Headquarter Bengaluru, India
- Employees 27 as on 05 Apr, 2024
- Founders Nithin Shivshankar, Shanthanu Chakravarthy, Balaji Gopal
- 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 Mimyk Medical Simulations Private Limited
- Date of Incorporation 08 Aug, 2017
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$39.33 K (USD)20.16as on Mar 31, 2023
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Net Profit
-$78.78 K (USD)-45.33as on Mar 31, 2023
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EBITDA
-$81.75 K (USD)-39.63as on Mar 31, 2023
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Total Equity Funding
$292.06 K (USD)
in 1 rounds
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Latest Funding Round
$292.06 K (USD), Seed
Mar 28, 2020
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Investors
Saama Capital
& 57 more
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Employee Count
27
as on Apr 05, 2024
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Products & Services of MIMYK
MIMYK offers a comprehensive portfolio of products and services, including Medical Device Design, Prototyping Services, and End-to-End Engineering.
Designs medical devices with user-centric focus for healthcare needs
Provides prototyping for medical devices to accelerate market entry
Offers full engineering solutions from concept to pre-clinical trials
Funding Insights of MIMYK
MIMYK has successfully raised a total of $292.06K through 1 strategic funding round. The most recent funding activity was a Seed round of $292.06 thousand completed in March 2020. 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 MIMYK
MIMYK has secured backing from 58 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Saama Capital, 92 Angels and Viney Sahgal Family Trust.
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Angel network focused on pre-seed & seed-stage startups
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Family assets are managed by the Viney Sahgal Family Trust.
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Angel investor network investing in early-stage startups
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Investor details for MIMYK
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Investments & Acquisitions by MIMYK
Investment portfolio details for MIMYK
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Financial Statements - MIMYK
Detailed financials for MIMYK
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Mimyk Comparisons
Peer comparison for MIMYK
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Competitors of MIMYK
MIMYK 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 Auris Health, MedInTech, Aohua Endoscopy, UnivLabs and EvoEndo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Robotic microsurgical systems for endoscopy are developed.
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Medical device technologies are developed with AI for diagnostics.
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Endoscopic devices and accessories are developed for medical use.
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Endoscopic medical devices are designed and manufactured for surgical applications.
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A medical device for un-sedated pediatric endoscopy is developed.
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Technology to extract and purify volatile anesthetic gases is developed.
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Detailed competitors of MIMYK
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Latest news on Mimyk
Complete news archive for MIMYK
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Frequently Asked Questions about MIMYK
MIMYK was founded in 2017 and raised its 1st funding round 3 years after it was founded.
MIMYK is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
MIMYK is a funded company, having raised a total of $292.06K across 1 funding round to date.
As of Apr 05, 2024, the latest employee count at MIMYK is 27.
Annual revenue of MIMYK is $39.33K as on Mar 31, 2023.
MIMYK was founded in 2017 in Bengaluru, India, within the health technology sector. An AR-based simulation platform for endoscopy procedures is provided, incorporating ARVR, robotics, and visual computing technologies. Computer-aided medical procedures are supported, along with training for healthcare professionals. Operations focus on enabling precise simulations and educational tools in the medical field.
MIMYK's top competitors include Auris Health, SageTech Medical Equipment and EvoEndo.
MIMYK offers Medical Device Design, Prototyping Services, and End-to-End Engineering.
MIMYK has 58 investors. Key investors include Saama Capital, 92 Angels, Viney Sahgal Family Trust, Indian Angel Network, and ACS Managed Services & Security.
The valuation of MIMYK is $1.82M as of Mar 2020.