About Monitra Healthcare
Monitra Healthcare is a company based in Hyderabad (India) founded in 2016 by Aparna Bhogu and Ravi Bhogu.. Monitra Healthcare has raised $3.68 million across 6 funding rounds from investors including Angel List, Kotak Mahindra Bank and ACG Group. The company has 39 employees as of April 01, 2024. Monitra Healthcare offers products and services including Holter Monitor, External Loop Recorder, and Mobile Cardiac Telemetry. Monitra Healthcare operates in a competitive market with competitors including AliveCor, iRhythm Tech, Imperative Care, ZOLL AEDs and Biotricity, among others.
- Headquarter Hyderabad, India
- Employees 39 as on 01 Apr, 2024
- Founders Aparna Bhogu, Ravi Bhogu
- Stage Minicorn
-
Sectors
HealthcareTechnology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Monitra Healthcare Private Limited
- Date of Incorporation 01 Dec, 2014
- Jurisdiction Hyderabad, Telangana, India
-
Annual Revenue
$181.01 K (USD)51.77as on Mar 31, 2023
-
Net Profit
$-143.58 K (USD)-3220.85as on Mar 31, 2023
-
EBITDA
$-139.53 K (USD)-560.46as on Mar 31, 2023
-
Total Equity Funding
$3.68 M (USD)
in 6 rounds
-
Latest Funding Round
$1.5 M (USD), Seed
Nov 14, 2023
-
Investors
Angel List
& 49 more
-
Employee Count
39
as on Apr 01, 2024
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
Products & Services of Monitra Healthcare
Monitra Healthcare offers a comprehensive portfolio of products and services, including Holter Monitor, External Loop Recorder, and Mobile Cardiac Telemetry. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Portable ECG for continuous 24-hour heart activity recording.
Device that monitors heart rate for up to seven days.
Transmits cardiac data 24x7 for ongoing diagnosis and analysis.
Unlock access to complete
Funding Insights of Monitra Healthcare
Monitra Healthcare has successfully raised a total of $3.68M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.5 million completed in November 2023. 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 6
- Last Round Seed — $1.5M
- First Round First Round
- Investors Count 50
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Seed - Monitra Healthcare | Valuation | Equanimity Investments , Kotak Mahindra Bank | |
| Jun, 2023 | Amount | Seed - Monitra Healthcare | Valuation | Lavni Ventures , Equanimity Investments | |
| Jan, 2022 | Amount | Seed - Monitra Healthcare | Valuation | Haystack Investments |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Monitra Healthcare
Monitra Healthcare has secured backing from 50 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Kotak Mahindra Bank and ACG Group. 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 |
|---|---|---|---|---|
|
Venture capital investments in early-stage Indian startups focusing on technology and innovation.
|
Founded Year | Domain | Location | |
|
Investments in tech innovations for climate action and gender equity across Climate Tech, HealthTech, Fin-tech, and Future of Work.
|
Founded Year | Domain | Location | |
|
Angel investor network investing in early-stage startups
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Monitra Healthcare
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Monitra Healthcare
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Monitra Healthcare Comparisons
Competitors of Monitra Healthcare
Monitra Healthcare 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 AliveCor, iRhythm Tech, Imperative Care, ZOLL AEDs and Biotricity, 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 |
Cardiac monitoring devices and applications are provided for heart health.
|
|
| domain | founded_year | HQ Location |
Cloud-based ambulatory ECG monitors for cardiac arrhythmia diagnosis are provided.
|
|
| domain | founded_year | HQ Location |
Access catheters for neurovascular stroke treatment are provided.
|
|
| domain | founded_year | HQ Location |
Medical devices and software for emergency care are developed.
|
|
| domain | founded_year | HQ Location |
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
|
|
| domain | founded_year | HQ Location |
Provider of sensor to monitor heart arrhythmia and vital signs
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Monitra Healthcare
Frequently Asked Questions about Monitra Healthcare
When was Monitra Healthcare founded?
Monitra Healthcare was founded in 2016.
Where is Monitra Healthcare located?
Monitra Healthcare is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Who is the current CEO of Monitra Healthcare?
Ravi Bhogu is the current CEO of Monitra Healthcare. They have also founded this company.
Is Monitra Healthcare a funded company?
Monitra Healthcare is a funded company, having raised a total of $3.68M across 6 funding rounds to date. The company's 1st funding round was a Seed of $402.2K, raised on May 01, 2015.
How many employees does Monitra Healthcare have?
As of Apr 01, 2024, the latest employee count at Monitra Healthcare is 39.
What is the annual revenue of Monitra Healthcare?
Annual revenue of Monitra Healthcare is $181.01K as on Mar 31, 2023.
What does Monitra Healthcare do?
Ambulatory cardiac monitoring devices and solutions. It offers Holter monitors, external loop recorders, and mobile cardiac telemetry devices for continuous heart monitoring. The company provides diagnostic reporting services using proprietary tools and a review process to identify relevant events. It provides accurate tracing and annotations to assist physicians in diagnosing and treating heart conditions. It focuses on improving diagnostic yield through a redesigned clinical reporting workflow.
Who are the top competitors of Monitra Healthcare?
Monitra Healthcare's top competitors include AliveCor, iRhythm Tech and Imperative Care.
What products or services does Monitra Healthcare offer?
Monitra Healthcare offers Holter Monitor, External Loop Recorder, and Mobile Cardiac Telemetry.
Who are Monitra Healthcare's investors?
Monitra Healthcare has 50 investors. Key investors include Angel List, Kotak Mahindra Bank, ACG Group, Sara Group, and Lavni Ventures.
What is Monitra Healthcare's valuation?
The valuation of Monitra Healthcare is $7.85M as of Nov 2023.