NeuroEquilibrium

Jaipur, India Founded: 2015 • Age: 11 yrs Minicorn
Diagnostic systems for vertigo and balance disorders are developed.

About NeuroEquilibrium

NeuroEquilibrium is a Healthcare company based in Jaipur (India) founded in 2015 by Rajneesh Bhandari. Diagnostic systems for vertigo and balance disorders are developed. NeuroEquilibrium has raised $900.49 thousand across 2 funding rounds from investors including Unicorn India Ventures. The company has 97 employees. NeuroEquilibrium was last valued at $1.06 million in January 2021. Its website neuroequilibrium.in draws about 60 thousand monthly visits. Its Indian entity Neuroequilibrium Diagnostic Systems Private Limited reported revenue of β‚Ή17.77 Cr. NeuroEquilibrium offers products and services including Vertigo Profile Test, Videonystagmography (VNG), and Vestibular Rehabilitation. Its focus areas include Life Sciences, Neurology, Medical Devices and Therapeutic Devices.

Company details

NeuroEquilibrium was founded in 2015 in Jaipur, India, as a developer of diagnostic systems focused on vertigo and balance disorders. A comprehensive system is provided to assess the coordination of eyes, inner ears, and the proprioceptive system. Tests such as video nystagmography, subjective visual vertical, craniocorpography, and dynamic visual acuity are offered in the medical diagnostics sector. Operations are centered on detecting and evaluating these conditions through specialized assessments.

Operational Areas
Key Metrics
  • Annual Revenue
    ₹17.77 Cr

    FY 2024 · +78% YoY

  • Net Loss
    -₹6.09 Cr

    FY 2024 · -34% margin

  • EBITDA
    -₹3.76 Cr

    FY 2024 · -21% margin

  • Total Equity Funding
    $900.49K (USD)

    in 2 rounds

  • Latest Funding Round
    $681.55K (USD), Seed

    Jan 2021

  • Investors
  • Employee Count
    97

Products & Services of NeuroEquilibrium

NeuroEquilibrium offers a comprehensive portfolio of products and services, including Vertigo Profile Test, Videonystagmography (VNG), and Vestibular Rehabilitation.

Vertigo Profile Test
Diagnostic Service

Comprehensive evaluation for vertigo causes and symptoms.

Videonystagmography (VNG)
Balance Assessment

Test to record eye movements for diagnosing balance issues.

Vestibular Rehabilitation
Therapeutic Service

Exercises to improve balance and reduce vertigo episodes.

Apps and channels of NeuroEquilibrium

NeuroEquilibrium publishes 1 mobile app with over 10K+ downloads.

NeuroEquilibrium
Google Play Medical Everyone Free 10K+ downloads
Developer: NeuroEquilibrium Diagnostic Systems Pvt Ltd
View on Google Play

Funding Insights of NeuroEquilibrium

NeuroEquilibrium has successfully raised a total of $900.49K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $681.55 thousand completed in January 2021. 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 $900,485
  • Total Rounds 2
  • Last Round Seed β€” $681,548
  • First Round $218,937

    (Nov 2016)

  • Investors Count 1

All 2 funding rounds of NeuroEquilibrium with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2021$681,548Seed$1.06M–
–
Nov 2016$218,937Seed–Unicorn India Ventures
–
Valuation history
DateValuationStage
Jan 2021$1.06Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.06M (Jan 2021). 1 investors in total: 1 institutional.

Investors in NeuroEquilibrium

NeuroEquilibrium has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Unicorn India Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm offering seed funding and support to startups in technology and innovation sectors.
2014unicornivc.comMumbai, India
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Investor details for NeuroEquilibrium

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Board of directors of Neuroequilibrium Diagnostic Systems Private Limited (NeuroEquilibrium)

Neuroequilibrium Diagnostic Systems Private Limited is the primary company behind NeuroEquilibrium. The boards of the 2 registered companies of NeuroEquilibrium currently have 4 directors; the longest-serving is Rajneesh Bhandari, appointed in 2015. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rajneesh Bhandari
DIN 00094089
Managing Director28 Mar 201511 yrs 6 moNeuroequilibrium Diagnostic Systems Private Limited, Futurecure Health Private Limited
Anita Bhandari
DIN 08510326
Director28 Aug 20206 yrs 1 moNeuroequilibrium Diagnostic Systems Private Limited, Futurecure Health Private Limited
Gaurav Chowdhry
DIN 02695010
Nominee Director11 Mar 20224 yrs 7 moFuturecure Health Private Limited
Deepak Malik
DIN 10926010
Nominee Director28 Jan 20251 yr 8 moFuturecure Health Private Limited

People of NeuroEquilibrium

12 people are tracked at NeuroEquilibrium (7 in leadership, 5 in team); the tracked headcount is 97.

NameRoleGroup
FounderLeadership
Praveen Kumar
Deputy General ManagerLeadership
Rahul Jain
Deputy General Manager - People And Human ResourcesLeadership
Samit Verma
Chief Executive OfficerLeadership
Akhil Darbari
Chief Operating OfficerLeadership
Durga Prasad Dash
Head - OutreachLeadership
Rhea Bhandari
Head Of DesignLeadership
Mohammed Adham
TraineeTeam
Meghana Rathore
PsychologistTeam
Hr Neuroequilibrium
Human Resources ManagerTeam
Alisha Singh
Assistant Manager TrainingTeam
Priyanshu Jain
ManagerTeam
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Financials of NeuroEquilibrium

Figures of Neuroequilibrium Diagnostic Systems Private Limited, the primary company behind NeuroEquilibrium, for FY 2024. Revenue was ₹17.77 Cr (+78% year on year). Net loss was -₹6.09 Cr (-34% margin). EBITDA was -₹3.76 Cr (-21% margin). Revenue has grown at a compounded annual rate of +64% over three years and +64% over five years.

  • ₹17.77 CrRevenue · FY 2024 · +78% YoY
  • -₹6.09 CrNet loss · -34% margin
  • -₹3.76 CrEBITDA · -21% margin
  • ₹4.2 LakhPaid-up capital
  • 97Employees (provident fund records)
  • +64%Revenue CAGR, 3 years
  • +64%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Neuroequilibrium Diagnostic Systems Private Limited are on its company page.

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Detailed financial statements for NeuroEquilibrium

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Timeline of NeuroEquilibrium

4 dated milestones of NeuroEquilibrium across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded NeuroEquilibrium is founded.
  2. Funding First funding round of $219K.
  3. Funding Latest funding round, Seed, of $682K.
  4. Milestone Reaches Minicorn status.

Web traffic of NeuroEquilibrium

The website of NeuroEquilibrium (neuroequilibrium.in) receives about 60.3K visits a month.

  • Monthly visits
    60.3K

    ▼ 48.3% vs previous month

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Related news about Neuroequilibrium

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Frequently Asked Questions about NeuroEquilibrium

NeuroEquilibrium was founded in 2015 and raised its 1st funding round 1 year after it was founded.

NeuroEquilibrium is headquartered in Jaipur, India. It is registered at Jaipur, Rajasthan, India.

NeuroEquilibrium is a funded company, having raised a total of $900.49K across 2 funding rounds to date. The company's 1st funding round was a Seed of $218.94K, raised on Nov 2016.

NeuroEquilibrium has 97 employees.

The primary company behind NeuroEquilibrium, Neuroequilibrium Diagnostic Systems Private Limited, reported revenue of β‚Ή17.77 Cr for FY 2024, up 78% year on year.

NeuroEquilibrium was founded in 2015 in Jaipur, India, as a developer of diagnostic systems focused on vertigo and balance disorders. A comprehensive system is provided to assess the coordination of eyes, inner ears, and the proprioceptive system. Tests such as video nystagmography, subjective visual vertical, craniocorpography, and dynamic visual acuity are offered in the medical diagnostics sector. Operations are centered on detecting and evaluating these conditions through specialized assessments.

NeuroEquilibrium offers Vertigo Profile Test, Videonystagmography (VNG), and Vestibular Rehabilitation.

NeuroEquilibrium has 1 investor. Key investors include Unicorn India Ventures.

The valuation of NeuroEquilibrium is $1.06M as of Jan 2021.

NeuroEquilibrium is associated with 2 legal entities: Neuroequilibrium Diagnostic Systems Private Limited, Futurecure Health Private Limited.

The legal entities of NeuroEquilibrium currently have 4 directors, including Anita Bhandari, Rajneesh Bhandari, Gaurav Chowdhry and others.

Yes. NeuroEquilibrium publishes NeuroEquilibrium, with over 10,000 downloads.

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