About Nesa Medtech
Nesa Medtech is a Healthcare company based in Bengaluru (India) founded in 2016 by Sreekar Kothamachu. Medical devices for treating symptomatic uterine fibroids are developed. Nesa Medtech has raised $1.61 million across 5 funding rounds from investors including Malpani Ventures, C-CAMP and SucSEED Indovation. Nesa Medtech was last valued at $9.49 million in August 2023. Its chief executive, as recorded, is Sreekar Kothamachu. Its Indian entity Nesa Medtech Private Limited reported revenue of ₹24.9 Lakh. Nesa Medtech offers products and services including GYIDE. Its focus areas include Life Sciences, Women Health, Medical Devices and Therapy.
Company details
Nesa Medtech was founded in 2016 and is headquartered in Bengaluru, India. Operations focus on the medical devices sector, where minimally invasive guidance and planning systems are developed to deliver targeted treatments for shrinking uterine fibroids. Symptomatic relief is achieved through these precise interventions, addressing womens health needs in the gynecological field. The company is led by founder and CEO Sreekar Kothamachu.
- Headquarters Bengaluru, India
- Founders Sreekar Kothamachu
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website nesamedtech.com
- Social LinkedIn X
- Legal Name Nesa Medtech Private Limited
- Date of Incorporation 14 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹24.9 Lakh
FY 2024 · +356% YoY
- Net Loss-₹1.39 Cr
FY 2024 · -559% margin
- EBITDA-₹1.35 Cr
FY 2024 · -540% margin
- Total Equity Funding$1.61M (USD)
in 5 rounds
- Latest Funding Round$1.09M (USD), Seed
Aug 2023
- InvestorsMalpani Ventures
& 11 more
Associated legal entities of Nesa Medtech
Nesa Medtech operates through Nesa Medtech 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 |
|---|---|---|---|---|---|---|---|
| Nesa Medtech Private Limited CIN U73100KA2016PTC096437 | Active | 14 Sep 2016 | Bangalore, Karnataka | ₹0.2 Cr | 50 | 2 | View details |
Products & Services of Nesa Medtech
Nesa Medtech offers a comprehensive portfolio of products and services, including GYIDE.
Provides precise guidance for minimally invasive uterine fibroid treatment.
Funding Insights of Nesa Medtech
Nesa Medtech has successfully raised a total of $1.61M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $1.09 million completed in August 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 $1.61M
- Total Rounds 5
- Last Round Seed — $1.09M
- First Round $76,109
(May 2017)
- Investors Count 12
All 5 funding rounds of Nesa Medtech 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 2023 | $1.09M | Seed | $9.49M | KITVEN | |
| May 2022 | $485,285 | Seed | $4.77M | Malpani Ventures | |
| Jun 2020 | $40,100 | Seed | $••••• | C-CAMP | – |
| Sep 2019 | Grant | – | – | ||
| May 2017 | $76,109 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2023 | $9.49M | •••••••• |
| May 2022 | $4.77M | •••••••• |
| Jun 2020 | $••••• | •••••••• |
Full valuation and stage history of Nesa Medtech
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
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Last known valuation $9.49M (Aug 2023). 12 investors in total: 6 institutional and 6 angel.
Investors in Nesa Medtech
Nesa Medtech has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Malpani Ventures, C-CAMP and SucSEED Indovation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund backed by government financial institutions focused on early and growth stage startups | 1999 | kitven.in | Bengaluru, India | |
Angel investment firm funding frugal innovation in India. | malpaniventures.com | Mumbai, India | ||
Investment in early to growth-stage tech startups across various sectors. | 2016 | sucseed-indovation.com | Hyderabad, India | |
Bioscience research, innovation, and entrepreneurship facilitation in life sciences are conducted in India. | 2010 | ccamp.res.in | Bengaluru, India | |
Acceleration of medical device, digital health, and diagnostic companies is facilitated worldwide. | medtechinnovator.org | |||
Support for startups in Karnataka is delivered through policies, funding, and networking services. | 2004 | missionstartupkarnataka.org | Bengaluru, India | |
GS Ganesh Subramaniam | Angel investor and tech leader, ex-Amazon, focused on Indian startups | unknown_b2f0f79ba70b4ed3a | ||
DP Dinesh Patel | Angel investor, founder of InsurTech firm, active in Indian startup ecosystem | unknown_90c7a0d08fbf47bb9 | ||
AM Anirudh Malpani | Angel investor, IVF specialist, and founder of Malpani Infertility Clinic. | unknown_bdae32fc19d84a869 | ||
DP Dinesh Patel | unknown_fc7582fa539a4e5bb |
Investor details for Nesa Medtech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Nesa Medtech Private Limited (Nesa Medtech)
Nesa Medtech Private Limited is the primary company behind Nesa Medtech. The board of Nesa Medtech Private Limited currently have 2 directors; the longest-serving is Kothamachu Sreekar, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kothamachu Sreekar DIN 07410569 | Director | 14 Sep 2016 | 10 yrs 1 mo | Nesa Medtech Private Limited |
| Budugunte Sathyanarayana Shushrutha DIN 07410594 | Director | 14 Sep 2016 | 10 yrs 1 mo | Nesa Medtech Private Limited |
People of Nesa Medtech
1 people are tracked at Nesa Medtech (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for Nesa Medtech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Nesa Medtech
Figures of Nesa Medtech Private Limited, the primary company behind Nesa Medtech, for FY 2024. Revenue was ₹24.9 Lakh (+356% year on year). Net loss was -₹1.39 Cr (-559% margin). EBITDA was -₹1.35 Cr (-540% margin). Revenue has grown at a compounded annual rate of +111% over three years and -7% over five years.
- ₹24.9 LakhRevenue · FY 2024 · +356% YoY
- -₹1.39 CrNet loss · -559% margin
- -₹1.35 CrEBITDA · -540% margin
- ₹1.4 LakhPaid-up capital
- 50Employees (provident fund records)
- +111%Revenue CAGR, 3 years
- -7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Nesa Medtech Private Limited are on its company page.
Detailed financial statements for Nesa Medtech
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Nesa Medtech
4 dated milestones of Nesa Medtech across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Nesa Medtech is founded.
- Funding First funding round of $76K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.1M.
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Related news about Nesa Medtech
Complete news archive for Nesa Medtech
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Frequently Asked Questions about Nesa Medtech
Nesa Medtech was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Nesa Medtech is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sreekar Kothamachu is the CEO of Nesa Medtech, as recorded in our data. They have also founded this company.
Nesa Medtech is a funded company, having raised a total of $1.61M across 5 funding rounds to date. The company's 1st funding round was a Grant of $76.11K, raised on May 2017.
The primary company behind Nesa Medtech, Nesa Medtech Private Limited, reported revenue of ₹24.9 Lakh for FY 2024, up 356% year on year.
Nesa Medtech was founded in 2016 and is headquartered in Bengaluru, India. Operations focus on the medical devices sector, where minimally invasive guidance and planning systems are developed to deliver targeted treatments for shrinking uterine fibroids. Symptomatic relief is achieved through these precise interventions, addressing womens health needs in the gynecological field. The company is led by founder and CEO Sreekar Kothamachu.
Nesa Medtech offers GYIDE.
Nesa Medtech has 12 investors. Key investors include Malpani Ventures, C-CAMP, SucSEED Indovation, Startup Karnataka, and KITVEN.
The valuation of Nesa Medtech is $9.49M as of Aug 2023.
Nesa Medtech operates through Nesa Medtech Private Limited.
The legal entities of Nesa Medtech currently have 2 directors, including Kothamachu Sreekar, Budugunte Sathyanarayana Shushrutha.