About mTatva
mTatva is a company based in Bengaluru (India) founded in 2013 by Praveen Prakash. mTatva has raised $880.69 thousand across 5 funding rounds from investors including IKP Knowledge Park, Nagavenkata Satyakiran Munaga and Dileep Kumar Reddy Karri. mTatva offers products and services including HealthPIE App, Medication Reminders, Vaccination Chart, and Medical Records. mTatva operates in a competitive market with competitors including Wellth, Kinsa, Cureatr, Phil and Capsa Healthcare, among others.
- Headquarter Bengaluru, India
- Founders Praveen Prakash
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website mtatva.com
- Social LinkedIn X Facebook
- Legal Name Medyug Technology Private Limited
- Date of Incorporation 26 Apr, 2013
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹1.20 Cr
FY 2024 · +2682% YoY
- Net Loss-₹39 Lakh
FY 2024 · -33% margin
- EBITDA-₹40.8 Lakh
FY 2024 · -34% margin
- Total Equity Funding$880.69K (USD)
in 5 rounds
- Latest Funding Round$409.46K (USD), Angel Round
Jan 2020
- InvestorsIKP Knowledge Park
& 19 more
Associated legal entities of mTatva
mTatva operates through Medyug Technology 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 |
|---|---|---|---|---|---|---|---|
| Medyug Technology Private Limited CIN U73100KA2013PTC068770 | Active | 26 Apr 2013 | Bangalore, Karnataka | ₹1.2 Cr | – | 2 | View details |
Products & Services of mTatva
mTatva offers a comprehensive portfolio of products and services, including HealthPIE App, Medication Reminders, Vaccination Chart, and Medical Records.
Mobile app for health information, reminders, and records tracking.
Sends SMS alerts for timely medicine intake and adherence.
Provides schedules and reminders for vaccinations and health alerts.
Allows storage and visualization of personal medical data via charts.
Funding Insights of mTatva
mTatva has successfully raised a total of $880.69K across 5 strategic funding rounds. The most recent funding activity was a Angel Round of $409.46 thousand completed in January 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.
- Total Funding $880,690
- Total Rounds 5
- Last Round Angel Round — $409,457
- First Round $32,045
(Feb 2014)
- Investors Count 20
All 5 funding rounds of mTatva 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 |
|---|---|---|---|---|---|
| Jan 2020 | $409,457 | Angel Round | $5.69M | Nagavenkata Satyakiran Munaga | |
| Mar 2019 | $346,492 | Angel Round | $5.38M | Nagavenkata Satyakiran Munaga | |
| Nov 2017 | $92,696 | Angel Round | $••••• | Arpitha Atukula, Nagavenkata Satyakiran Munaga | |
| Nov 2016 | $14,630 | Grant | – | – | |
| Feb 2014 | $32,045 | Angel Round | $••••• | Chikkam Rama Kishore |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2020 | $5.69M | •••••••• |
| Mar 2019 | $5.38M | •••••••• |
| Nov 2017 | $••••• | •••••••• |
Full valuation and stage history of mTatva
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $5.69M (Jan 2020). 20 investors in total: 1 institutional and 19 angel.
Investors in mTatva
mTatva has secured backing from 20 investors, including angel and venture fund investors. Prominent investors backing the company include IKP Knowledge Park, Nagavenkata Satyakiran Munaga and Dileep Kumar Reddy Karri.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Med-tech startups are incubated by IKP Knowledge Park. | 1999 | ikpknowledgepark.com | Hyderabad, India | |
NS Nagavenkata Satyakiran Munaga | - | – | unknown_729a85743984422fb | - |
DK Dileep Kumar Reddy Karri | - | – | unknown_2f7e9429bbc240a08 | - |
VR Venugopala Reddy Vanukuri | - | – | unknown_cfb585d5e3c043fc8 | - |
BA Boreddy Amarender Reddy | - | – | unknown_804be1ec1c694975b | - |
MM Murali Mohan Kancharla | - | – | unknown_b33221643c5a4904b | - |
RK Rupa Koteswari Vanukuri | - | – | unknown_ba644c322b30423b8 | - |
NS Naga SS Kishore Kankipati | - | – | unknown_39e2d615b28845ef9 | - |
NK Nirguna Kota | - | – | unknown_0436705f706b47e39 | - |
SS Sarjeet Singh | - | – | unknown_ec1a45fae7944ca1a | - |
Investor details for mTatva
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 Medyug Technology Private Limited (mTatva)
Medyug Technology Private Limited is the primary company behind mTatva. The board of Medyug Technology Private Limited currently have 2 directors; the longest-serving is Baljit Singh, appointed in 2013. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Baljit Singh DIN 06482078 | Director | 26 Apr 2013 | 13 yrs 5 mo | Medyug Technology Private Limited |
| Sunistha Singh DIN 06688886 | Additional Director | 13 Sep 2013 | 13 yrs | Medyug Technology Private Limited |
People of mTatva
1 people are tracked at mTatva (1 in leadership).
| Name | Role | Group |
|---|---|---|
Praveen Prakash | Co-Founder & CTO | Leadership |
Complete people profiles for mTatva
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 mTatva
Figures of Medyug Technology Private Limited, the primary company behind mTatva, for FY 2024. Revenue was ₹1.20 Cr (+2682% year on year). Net loss was -₹39 Lakh (-33% margin). EBITDA was -₹40.8 Lakh (-34% margin). Revenue has grown at a compounded annual rate of +73% over three years and +27% over five years.
- ₹1.20 CrRevenue · FY 2024 · +2682% YoY
- -₹39 LakhNet loss · -33% margin
- -₹40.8 LakhEBITDA · -34% margin
- ₹36.7 LakhPaid-up capital
- +73%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Medyug Technology Private Limited are on its company page.
Detailed financial statements for mTatva
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 mTatva
4 dated milestones of mTatva across 7 years, from founding to its latest funding, stage changes and deals.
- Founded mTatva is founded.
- Funding First funding round of $32K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Angel Round, of $409K.
Competitors of mTatva
mTatva 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 Wellth, Kinsa, Cureatr, Phil and Capsa Healthcare, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wellthapp.com | 2014 | Brooklyn, United States | $73.12M | 65 | Provides AI and cloud-based platform for doctors for patient engagement and care | |
| kinsahealth.com | 2012 | San Francisco, United States | $29.09M | – | Thermometers and mobile apps are provided for tracking fever symptoms. | |
| cureatr.com | 2011 | New York, United States | $40.75M | – | Cloud-based medication management software is provided for healthcare providers. | |
| phil.us | 2015 | San Francisco, United States | $105.54M | 99 | Prescription drugs refill management solutions | |
| capsahealthcare.com | 1968 | Columbus, United States | $8.3M | 291 | Medication management systems are supplied to healthcare providers and pharmacies. | |
| exactcarepharmacy.com | 2009 | Cleveland, United States | $7M | 512 | Medication management is specialized for chronic disease patients. | |
| spencerhealthsolutions.com | 2015 | Morrisville, United States | $44.83M | 76 | Devices and apps for medication adherence are provided. | |
| proteus.com | 2001 | Redwood, United States | $532.05M | 261 | Cloud-based medication adherence monitoring is provided for healthcare providers. |
Detailed competitors of mTatva
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mtatva
Complete news archive for mTatva
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.
Similar companies to mTatva
10 companies that operate in the same segment as mTatva (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | 2016 | Bengaluru, Karnataka, India | USD 713.57 M | – | – | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 233 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
App-based health insurance is offered to individuals and businesses. | 2016 | Paris, France | USD 863.12 M | – | – | |
Virtual care programs for managing chronic diseases are provided. | 2011 | San Francisco, California, United States | USD 450.12 M | USD 260.21 M | – | |
AI-driven EMR and practice management software is delivered for clinics. | 2010 | Boca Raton, Florida, United States | USD 329.17 M | – | – | |
Cloud-based administrative tools for healthcare providers are offered. | 1997 | Watertown, United States | USD 40 M | – | – | |
Membership-based primary care platform is offered for employees and consumers. | 2007 | San Francisco, California, United States | USD 402.56 M | – | – |
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Frequently Asked Questions about mTatva
mTatva was founded in 2013 and raised its 1st funding round 1 year after it was founded.
mTatva is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
mTatva is a funded company, having raised a total of $880.69K across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $32.05K, raised on Feb 2014.
The primary company behind mTatva, Medyug Technology Private Limited, reported revenue of ₹1.20 Cr for FY 2024, up 2682% year on year.
mTatva provides HealthPIE, a healthcare platform available across both web and mobile for patients to maintain their personal health records, access information about their health conditions and medication, digital prescription maintenance on SMS for easy reference, alerts for timely treatments along with contacting doctors easily.
mTatva's top competitors include Wellth, Phil and Capsa Healthcare.
mTatva offers HealthPIE App, Medication Reminders, Vaccination Chart, and Medical Records.
mTatva has 20 investors. Key investors include IKP Knowledge Park, Nagavenkata Satyakiran Munaga, Dileep Kumar Reddy Karri, Venugopala Reddy Vanukuri, and Boreddy Amarender Reddy.
The valuation of mTatva is $5.69M as of Jan 2020.
mTatva operates through Medyug Technology Private Limited.
The legal entities of mTatva currently have 2 directors, including Sunistha Singh, Baljit Singh.