NeuralBits

Mumbai, India Founded: 2013 • Age: 13 yrs
Digital medical records solution for healthcare enterprises
Annual revenue $568,378 Latest available
Total funding $453,356 2 rounds
Employees - Tracked headcount
Investors 8 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

About NeuralBits

NeuralBits is a company based in Mumbai (India) founded in 2013 by Vikram Totre and Bharat Narahari. NeuralBits has raised $453.36 thousand across 2 funding rounds from investors including Sadhna Joglekar, Medicon Consultants and Vishaka Management Advisor. NeuralBits offers products and services including Medi Vault, IEC Admin, Presco OPD, Presco IPD, and Dieto. NeuralBits operates in a competitive market with competitors including Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, among others.

  • Headquarter Mumbai, India
  • Founders Vikram Totre, Bharat Narahari
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Neuralbits Technologies Private Limited
  • Date of Incorporation 16 Aug, 2013
  • Jurisdiction Bhandup West, Maharashtra, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $568.38 K (USD)
    87.25
    as on Mar 31, 2023
  • Net Profit
    -$108.49 K (USD)
    -120.98
    as on Mar 31, 2023
  • EBITDA
    -$41.57 K (USD)
    -134.43
    as on Mar 31, 2023
  • Total Equity Funding
    $453.36 K (USD)

    in 2 rounds

  • Latest Funding Round
    $180.49 K (USD), Seed

    Jan 10, 2024

  • Investors
  • Employee Count
    Not available
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Products & Services of NeuralBits

NeuralBits offers a comprehensive portfolio of products and services, including Medi Vault, IEC Admin, Presco OPD, Presco IPD, and Dieto.

Product name locked
Category locked
Primary

System for secure digital medical record storage and access.

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Platform for handling institutional ethics committee processes.

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Electronic outpatient department system for clinics and hospitals.

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Paperless system for inpatient hospital record keeping.

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Tool for hospital-based diet planning and tracking.

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Application for collecting and analyzing patient feedback.

People of NeuralBits

Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Bharat Narahari
Founder & CTO
People
Pratap Satve
Principal Cloud Architect
People
Rohan Gawade
Core Team

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Funding Insights of NeuralBits

NeuralBits has successfully raised a total of $453.36K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $180.49 thousand 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.

Investors in NeuralBits

NeuralBits has secured backing from 8 investors, including angel and venture fund investors. Prominent investors backing the company include Sadhna Joglekar, Medicon Consultants and Vishaka Management Advisor.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital firm focused on early-stage investments
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Sadhna Joglekar

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Utkarsh Angachekar

-
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Investor details for NeuralBits

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  • Investor domains
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Investments & Acquisitions by NeuralBits

Investments
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Investment portfolio details for NeuralBits

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  • Portfolio identities
  • Transaction dates
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Financial Statements - NeuralBits

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Detailed financials for NeuralBits

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Neuralbits Comparisons

NeuralBits Primary company
Description
Digital medical records solution for healthcare enterprises
Location
Mumbai, India
Founded Year
2013
Annual Revenue
$568.38 K (USD)
Net Profit
-$108.49 K (USD)
EBITDA
-$41.57 K (USD)
Employees
Not available
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Peer comparison for NeuralBits

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Competitors of NeuralBits

NeuralBits 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 Iodine Software, Lifen, Nuance, Intellinetics and Layer Health, among others.

Company Name Domain Founded year HQ Location Description
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AI-based clinical documentation integrity and revenue management solutions are provided.
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Medical documents are exchanged digitally through an online platform.
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Conversational AI solutions are provided for enterprise customer experiences.
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Document management and scanning services are provided for multiple sectors.
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AI-powered software for clinical documentation management in hospitals is developed.
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AI-based medical scribe software is provided for healthcare providers.
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Detailed competitors of NeuralBits

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Latest news on Neuralbits

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Complete news archive for NeuralBits

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Frequently Asked Questions about NeuralBits

NeuralBits was founded in 2013 and raised its 1st funding round 9 years after it was founded.

NeuralBits is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

NeuralBits is a funded company, having raised a total of $453.36K across 2 funding rounds to date.

Annual revenue of NeuralBits is $568.38K as on Mar 31, 2023.

NeuralBits was founded in 2013 in Mumbai, India, as a digital medical records solution targeted at healthcare enterprises. Indexing and search functionalities are included, along with multi-platform access and reporting analytics capabilities. Operations focus on secure data handling for medical documentation. The platform was yet to launch as of May 2017, serving the healthcare technology sector.

NeuralBits's top competitors include Lifen, Iodine Software and Nuance.

NeuralBits offers Medi Vault, IEC Admin, Presco OPD, Presco IPD, and 2 more products and services.

NeuralBits has 8 investors. Key investors include Sadhna Joglekar, Medicon Consultants, Vishaka Management Advisor, Utkarsh Angachekar, and Bharat Manharlal Shah.

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