Neurosynaptic

Bengaluru, India Founded: 2002 • Age: 24 yrs Minicorn
ICT-based products and solutions are developed for healthcare.

About Neurosynaptic

Neurosynaptic is a Healthcare company based in Bengaluru (India) founded in 2002 by Rajeev Kumar and Sameer Subhash Sawarkar. ICT-based products and solutions are developed for healthcare. Neurosynaptic has raised $1.61 million across 6 funding rounds from investors including KOIS, HealthQuad and Axilor Ventures. The company has 30 employees. Neurosynaptic was last valued at $3.73 million in September 2020. Its chief executive, as recorded, is Sameer Subhash Sawarkar. Its Indian entity Neurosynaptic Communications Private Limited reported revenue of β‚Ή9.78 Cr. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations.

Company details

Neurosynaptic is a healthcare technology involved in the development of ICT-based products. The company developing a diagnostic kit - ReMeDi for medical data storage and access and comprising of products such as ECG, stethoscope, temperature measuring, oximeter, etc. The professional edition provides patient and doctor application software which is cloud-based and enables remote consultation. Its enterprise edition comprises of server application along with patient and doctor-client applications offering multiple features. The company claims that its flagship platform, ReMeDi has been deployed in 1600 operational health centers in several developing countries and reaches 50 million people.

  • Headquarters Bengaluru, India
  • Employees 30
  • Founders Rajeev Kumar, Sameer Subhash Sawarkar
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website neurosynaptic.com
  • Social LinkedIn X Facebook YouTube
  • Legal Name Neurosynaptic Communications Private Limited
  • Date of Incorporation 20 Sep, 2002
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹9.78 Cr

    FY 2025 · -11% YoY

  • Net Profit
    ₹37.2 Lakh

    FY 2025 · 4% margin

  • EBITDA
    ₹1.98 Cr

    FY 2025 · 20% margin

  • Total Equity Funding
    $1.61M (USD)

    in 6 rounds

  • Latest Funding Round
    $118.8K (USD), Series A

    Sep 2020

  • Investors
    KOIS

    & 58 more

  • Employee Count
    30

Apps and channels of Neurosynaptic

its YouTube channel NeurosynapticCommn has 12 subscribers.

NeurosynapticCommn
YouTube 12 subscribers Other
Open channel

Funding Insights of Neurosynaptic

Neurosynaptic has successfully raised a total of $1.61M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $118.8 thousand completed in September 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 $1.61M
  • Total Rounds 6
  • Last Round Series A β€” $118,795
  • First Round $392,536

    (Jul 2006)

  • Investors Count 59

All 6 funding rounds of Neurosynaptic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$118,795Series A$3.73MKOIS
May 2019$54,202Series A$3.48MNagaraja Prakasam, Sunil Kant Munjal
Sep 2016$951,046Series A$β€’β€’β€’β€’β€’HealthQuad
Dec 2013$93,320Seed$β€’β€’β€’β€’β€’e-Zest
–
Jun 2012Grant––
Jul 2006$392,536Seed$β€’β€’β€’β€’β€’Ventureast
Valuation history
DateValuationStage
Sep 2020$3.73Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2019$3.48Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jul 2006$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Neurosynaptic

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Last known valuation $3.73M (Sep 2020). 59 investors in total: 20 institutional and 39 angel.

Investors in Neurosynaptic

Neurosynaptic has secured backing from 59 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include KOIS, HealthQuad and Axilor Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Private equity firm focused on acquisitions
2010koisinvest.comBrussels, Belgium
Healthcare investment fund focused on innovation and social impact in India.
2016healthquad.inDelhi, India
Angel investor network investing in early-stage startups
iangroup.vcDelhi, India
Venture capital firm investing in early-stage startups in technology sectors.
2014axilor.comBengaluru, India
Venture capital funding and support for healthtech startups.
2015curraehealthtech.comMumbai, India
Private investment arm of Kris Gopalakrishnan Family Office.
2014pratithi.comBengaluru, India
Logistics tech and multiple sectors are funded by VAPP Ventures.
Kolkata, India
Venture capital investments in technology, healthcare, and clean environment sectors since 1997.
1997ventureast.netBengaluru, India
IT suite and digital transformation services are provided globally.
2000e-zest.comChicago, United States
Real estate investments are managed for risk-adjusted returns by Pragnya.
pragnyafunds.comPort Louis, Mauritius
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Investor details for Neurosynaptic

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Board of directors of Neurosynaptic Communications Private Limited (Neurosynaptic)

Neurosynaptic Communications Private Limited is the primary company behind Neurosynaptic. The board of Neurosynaptic Communications Private Limited currently have 5 directors; the longest-serving is Sameer Subhash Sawarkar, appointed in 2002. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sameer Subhash Sawarkar
DIN 01745713
Whole-time director20 Sep 200224 yrs 1 moNeurosynaptic Communications Private Limited
Rajeev Kumar
DIN 01745694
Whole-time director26 Dec 200322 yrs 10 moNeurosynaptic Communications Private Limited
Nagaraja Prakasam
DIN 01801524
Nominee Director25 Apr 201610 yrs 6 moNeurosynaptic Communications Private Limited
Charles Antoine Janssen
DIN 01266976
Nominee Director08 Oct 20215 yrsNeurosynaptic Communications Private Limited
Shrikant Vasudevrao Shingane
DIN 02181954
Director24 Mar 20233 yrs 7 moNeurosynaptic Communications Private Limited

People of Neurosynaptic

2 people are tracked at Neurosynaptic (2 in leadership); the tracked headcount is 30.

NameRoleGroup
Co-Founder & COOLeadership
Co-Founder & CEOLeadership
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Financials of Neurosynaptic

Figures of Neurosynaptic Communications Private Limited, the primary company behind Neurosynaptic, for FY 2025. Revenue was ₹9.78 Cr (-11% year on year). Net profit was ₹37.2 Lakh (4% margin). EBITDA was ₹1.98 Cr (20% margin). Revenue has grown at a compounded annual rate of +8% over three years and +37% over five years.

  • ₹9.78 CrRevenue · FY 2025 · -11% YoY
  • ₹37.2 LakhNet profit · 4% margin
  • ₹1.98 CrEBITDA · 20% margin
  • ₹66.7 LakhPaid-up capital
  • 30Employees (provident fund records)
  • +8%Revenue CAGR, 3 years
  • +37%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Neurosynaptic Communications Private Limited are on its company page.

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Detailed financial statements for Neurosynaptic

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Timeline of Neurosynaptic

4 dated milestones of Neurosynaptic across 18 years, from founding to its latest funding, stage changes and deals.

  1. Founded Neurosynaptic is founded.
  2. Funding First funding round of $393K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $119K.

Web traffic of Neurosynaptic

The website of Neurosynaptic (neurosynaptic.com) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▲ 25.7% vs previous month

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Related news about Neurosynaptic

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Frequently Asked Questions about Neurosynaptic

Neurosynaptic was founded in 2002 and raised its 1st funding round 4 years after it was founded.

Neurosynaptic is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Sameer Subhash Sawarkar is the CEO of Neurosynaptic, as recorded in our data. They have also founded this company.

Neurosynaptic is a funded company, having raised a total of $1.61M across 6 funding rounds to date. The company's 1st funding round was a Seed of $392.54K, raised on Jul 2006.

Neurosynaptic has 30 employees.

The primary company behind Neurosynaptic, Neurosynaptic Communications Private Limited, reported revenue of β‚Ή9.78 Cr for FY 2025, down 11% year on year.

Neurosynaptic is a healthcare technology involved in the development of ICT-based products. The company developing a diagnostic kit - ReMeDi for medical data storage and access and comprising of products such as ECG, stethoscope, temperature measuring, oximeter, etc. The professional edition provides patient and doctor application software which is cloud-based and enables remote consultation. Its enterprise edition comprises of server application along with patient and doctor-client applications offering multiple features. The company claims that its flagship platform, ReMeDi has been deployed in 1600 operational health centers in several developing countries and reaches 50 million people.

Neurosynaptic has 59 investors. Key investors include KOIS, HealthQuad, Axilor Ventures, Ventureast, and e-Zest.

The valuation of Neurosynaptic is $3.73M as of Sep 2020.

Neurosynaptic operates through Neurosynaptic Communications Private Limited.

The legal entities of Neurosynaptic currently have 5 directors, including Shrikant Vasudevrao Shingane, Charles Antoine Janssen, Nagaraja Prakasam and others.

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