About Neuphony
Neuphony is a company based in India founded in 2020 by Bhavya Madan and Ria Rustagi. It operates as a D2C and B2B. Neuphony has raised $2.73 million across 6 funding rounds from investors including DERBI Foundation, IVY Growth Associates and ah! Ventures. Neuphony offers products and services including Neuphony Headband, Neuphony EEG Flex Cap, Neuphony Mobile Application, Neuphony Desktop Application, and Neuphony EXG Synapse. Neuphony operates in a competitive market with competitors including Apollo Neuroscience, Feel Therapeutics, Hapbee, Neuronetics and Ybrain, among others.
- Headquarter India
- Founders Bhavya Madan, Ria Rustagi
- Stage Minicorn
- SectorsHealthcare
- Website category Health · Mental Health
- Email••••••••
- Website neuphony.com
- Social X Facebook
- Legal Name Pankhtech India Private Limited
- Date of Incorporation 16 Oct, 2020
- Jurisdiction Delhi, India
- Annual Revenue₹1.60 Cr
FY 2024 · +229% YoY
- Net Loss-₹3.77 Cr
FY 2024 · -235% margin
- EBITDA-₹3.43 Cr
FY 2024 · -214% margin
- Total Equity Funding$2.73M (USD)
in 6 rounds
- Latest Funding Round$1.96M (USD), Seed
Jan 2024
- InvestorsDERBI Foundation
& 17 more
Associated legal entities of Neuphony
Neuphony operates through Pankhtech India 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 |
|---|---|---|---|---|---|---|---|
| Pankhtech India Private Limited CIN U33309DL2020PTC371693 | Active | 16 Oct 2020 | Delhi, Delhi | ₹1.6 Cr | 8 | 2 | View details |
Products & Services of Neuphony
Neuphony offers a comprehensive portfolio of products and services, including Neuphony Headband, Neuphony EEG Flex Cap, Neuphony Mobile Application, Neuphony Desktop Application, and Neuphony EXG Synapse.
Wearable device for monitoring EEG-based brain activity.
Flexible cap for EEG data collection and analysis.
App for biofeedback and real-time brain health tracking.
Desktop tool for advanced EEG data processing.
Kit for biofeedback development and experimentation.
Apps and channels of Neuphony
Neuphony publishes 1 mobile app.
Funding Insights of Neuphony
Neuphony has successfully raised a total of $2.73M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $1.96 million completed in January 2024. 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 $2.73M
- Total Rounds 6
- Last Round Seed — $1.96M
- First Round $33,521
(Jul 2021)
- Investors Count 18
All 6 funding rounds of Neuphony 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 2024 | $1.96M | Seed | – | – | |
| Jun 2023 | – | Seed | – | ah! Ventures | – |
| Feb 2023 | $120,900 | Angel Round | – | Peyush Bansal, Aman Gupta | – |
| Dec 2022 | $332,695 | Seed | – | – | |
| Dec 2021 | $319,234 | Seed | $1.57M | DERBI Foundation, ah! Ventures | |
| Jul 2021 | $33,521 | Grant | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $1.57M | •••••••• |
Last known valuation $1.57M (Dec 2021). 18 investors in total: 7 institutional and 11 angel.
Investors in Neuphony
Neuphony has secured backing from 18 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include DERBI Foundation, IVY Growth Associates and ah! Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Support for innovation and entrepreneurship through incubation programs in Bangalore. | 2015 | derbifoundation.com | Bengaluru, India | |
Angel network facilitating startup investments and investor connections in technology and sustainability sectors. | 2021 | ivygrowth.co.in | Surat, India | |
Early-stage tech startups are supported via venture capital and acceleration. | – | iimaventures.com | Ahmedabad, India | |
Fundraising is enabled for startups through an investor connection platform. | – | ahventures.in | Mumbai, India | |
Business growth support is provided by EDC in Iowa. | – | edcinc.org | Cedar Rapids, United States | |
- | – | cultadvisors.tcc.mode | - | |
Industry-specific consulting services are provided to clients worldwide. | – | adelaarconsulting.tcc.mode | Mumbai, India | |
PB Peyush Bansal | Founder of Lenskart, prominent angel investor, Shark Tank India judge | – | unknown_ce4b18cf135b40b58 | - |
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | – | unknown_03c2e2e588624958a | - |
BM Bhavya Madan | Angel investor and entrepreneur, focused on early-stage Indian startups. | – | unknown_c4acbd596db24ee09 | - |
Investor details for Neuphony
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 Pankhtech India Private Limited (Neuphony)
Pankhtech India Private Limited is the primary company behind Neuphony. The board of Pankhtech India Private Limited currently have 2 directors; the longest-serving is Bhavya Madan, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bhavya Madan DIN 08922469 | Director | 16 Oct 2020 | 5 yrs 11 mo | Pankhtech India Private Limited |
| Ria Rustagi DIN 08922470 | Director | 16 Oct 2020 | 5 yrs 11 mo | Pankhtech India Private Limited |
People of Neuphony
4 people are tracked at Neuphony (2 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CEO | Leadership | |
| Co-Founder | Leadership | |
Vansh Sabharwal | Customer Relationship Management Manager | Team |
Ashutosh B. | Tech Advisor | Team |
Complete people profiles for Neuphony
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 Neuphony
Figures of Pankhtech India Private Limited, the primary company behind Neuphony, for FY 2024. Revenue was ₹1.60 Cr (+229% year on year). Net loss was -₹3.77 Cr (-235% margin). EBITDA was -₹3.43 Cr (-214% margin). Revenue has grown at a compounded annual rate of +599% over three years.
- ₹1.60 CrRevenue · FY 2024 · +229% YoY
- -₹3.77 CrNet loss · -235% margin
- -₹3.43 CrEBITDA · -214% margin
- ₹1.01 CrPaid-up capital
- 8Employees (provident fund records)
- +599%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Pankhtech India Private Limited are on its company page.
Detailed financial statements for Neuphony
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 Neuphony
4 dated milestones of Neuphony across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Neuphony is founded.
- Funding First funding round of $34K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $2.0M.
Competitors of Neuphony
Neuphony 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 Apollo Neuroscience, Feel Therapeutics, Hapbee, Neuronetics and Ybrain, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| apolloneuro.com | 2017 | Pittsburgh, United States | $30.66M | 12 | Wearable technology is developed for stress reduction and sleep enhancement. | |
| feeltherapeutics.com | 2015 | San Francisco, United States | $21.68M | – | Provider of digital Precision Medicine company leveraging objective data and passive measurement for mental healthcare | |
| hapbee.com | 2004 | Phoenix, United States | $4.8M | – | Wearable device for mental wellness via magnetic fields is provided. | |
| neuronetics.com | 2001 | Malvern, United States | $177.8M | 167 | Non-invasive magnetic therapies for psychiatric and neurological disorders are developed. | |
| ybrain.com | 2013 | Seoul, South Korea | $3.5M | – | Provider of EEG medical device for major depressive disorder treatment | |
| riograndeneurosciences.com | 2011 | San Francisco, United States | $8.93M | 1,257 | Non-invasive brain stimulation therapies for CNS disorders are developed. | |
| getsensate.com | 2019 | Los Angeles, United States | $6.05M | 5 | A relaxation device for stress and anxiety management is developed. | |
| neuroelectrics.com | 2011 | Barcelona, Spain | $17.9M | – | Provider of wireless EEG monitoring and brain stimulation devices | |
| neurosity.co | 2018 | Brooklyn, United States | $4.98M | 1 | Provider of neural devices and apps for mental health diagnosis and medical intervention |
Detailed competitors of Neuphony
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.
Web traffic of Neuphony
The website of Neuphony (neuphony.com) receives about 7.2K visits a month and ranks #3,288,576 among all websites worldwide, #6,139 in Mental Health.
- Monthly visits7.2K
▲ 14.4% vs previous month
- Unique visitors2.8K
per month
- Global rank#3,288,576
among all websites
- Category rank#6,139
Health · Mental Health
- Bounce rate50%
- Pages per visit1.5
- Average visit17 sec
- DevicesDesktop 34% · Mobile 66%
Websites whose visitors overlap most with Neuphony. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| choosemuse.com | 100% | 205.8K | #196,242 | View details | |
rmsindia.com | rmsindia.com | 85% | – | #2,748,618 | – |
dana.org | dana.org | 66% | – | #339,301 | – |
| heroic.us | 60% | 141.2K | #260,573 | View details | |
neurosciencenews.com | neurosciencenews.com | 60% | – | #77,940 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Neuphony
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Neuphony
Complete news archive for Neuphony
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 Neuphony
10 companies that operate in the same segment as Neuphony (Health Monitoring & Wearables), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Smart fitness equipment and streaming platforms are provided. | 2011 | New York, New York, United States | USD 995.53 M | USD 2.45 B | 2,660 | |
Connected devices for health, sleep, and activity monitoring are developed. | 2008 | Moulineaux, Seine-maritime, France | USD 93.83 M | – | – | |
Internet first brand offering wearable breast pumps | 2013 | London, England, United Kingdom | USD 157.63 M | – | – | |
Metabolic health is tracked via devices and fitness platforms. | 2019 | Bengaluru, Karnataka, India | USD 163.28 M | USD 65.48 M | 274 | |
Health-tracking smart rings and biosensors are developed for biometric monitoring. | 2013 | Oulu, North Ostrobothnia, Finland | USD 1.32 B | – | – | |
Wearable glucose monitoring patches are provided for real-time data tracking. | 1999 | San Diego, California, United States | USD 52.5 M | USD 4.66 B | 10,300 | |
AI-based mobile app tracks and predicts menstrual cycles. | 2015 | London, England, United Kingdom | USD 269 M | – | – | |
Smartphone-enabled glucometers and diabetes management apps are provided. | 2015 | Delhi, Delhi, India | USD 50.83 M | USD 2.74 M | 142 | |
Provider of a fertility tracking app that doubles as birth control | 2013 | Stockholm, Sweden | USD 99.5 M | – | – | |
Diabetes management is enabled via glucose meters and mobile apps. | 2010 | Palo Alto, California, United States | USD 201 M | – | – |
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Frequently Asked Questions about Neuphony
Neuphony was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Neuphony is headquartered in India.
Bhavya Madan is the current CEO of Neuphony. They have also founded this company.
Neuphony is a funded company, having raised a total of $2.73M across 6 funding rounds to date. The company's 1st funding round was a Grant of $33.52K, raised on Jul 2021.
The primary company behind Neuphony, Pankhtech India Private Limited, reported revenue of ₹1.60 Cr for FY 2024, up 229% year on year.
Neuphony develops EEG headbands and related software to monitor brain health through wearable technology. Based in Delhi, India, the company sells products like mobile and desktop applications, along with developer kits for biofeedback. They focus on user-friendly tools for neuroscience enthusiasts and professionals, offering global shipping and dedicated customer support without promoting specific outcomes.
Neuphony's top competitors include Hapbee, Neuronetics and Sensate.
Neuphony offers Neuphony Headband, Neuphony EEG Flex Cap, Neuphony Mobile Application, Neuphony Desktop Application, and Neuphony EXG Synapse.
Neuphony has 18 investors. Key investors include DERBI Foundation, IVY Growth Associates, ah! Ventures, Peyush Bansal, and Aman Gupta.
The valuation of Neuphony is $1.57M as of Dec 2021.
Neuphony operates through Pankhtech India Private Limited.
The legal entities of Neuphony currently have 2 directors, including Bhavya Madan, Ria Rustagi.