About Piltover Technologies
Piltover Technologies is a Healthcare company based in Bengaluru (India) founded in 2015 by Manan Issar, Vyshnav Chandran, and Anirudh Kishen. Artificial limbs with self-locking mechanisms are developed for disabled individuals. It operates in the Healthcare and Technology sectors. Piltover Technologies has raised $58.73 thousand across 2 funding rounds from investors including Hatcher+ and thinQbate. Piltover Technologies was last valued at $1.11 million in November 2019. Its chief executive, as recorded, is Vyshnav Chandran. Its Indian entity Piltover Technologies Private Limited reported revenue of ₹21.6 Lakh. Piltover Technologies offers products and services including Mechanical Prosthetic Hand. Its focus areas include HealthTech, Assistive Tech, Assistive Hardware and Mobility.
Company details
Piltover Technologies was founded in 2015 in Bengaluru, India, with a focus on the disabilities sector. Artificial limbs incorporating self-locking mechanisms are produced to support daily interactions for users. Operations center on product development and provision of assistive technologies. The company is led by co-founders including Vyshnav Chandran as CEO and others in key roles, serving the assistive devices market.
- Headquarters Bengaluru, India
- Founders Manan Issar, Vyshnav Chandran, Anirudh Kishen
- Stage Minicorn
- SectorsHealthcareTechnology
- Email••••••••
- Phone•••• ••••
- Website piltovertechnologies.com
- Social LinkedIn X Facebook Instagram
- Legal Name Piltover Technologies Private Limited
- Date of Incorporation 07 Oct, 2015
- Jurisdiction Kozhikode, Kerala, India
- Annual Revenue₹21.6 Lakh
FY 2024
- Net Loss-₹9.3 Lakh
FY 2024 · -43% margin
- EBITDA-₹8.6 Lakh
FY 2024 · -40% margin
- Total Equity Funding$58.73K (USD)
in 2 rounds
- Latest Funding Round$13.96K (USD), Seed
Nov 2019
- InvestorsHatcher+
& 1 more
Associated legal entities of Piltover Technologies
Piltover Technologies operates through Piltover Technologies 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 |
|---|---|---|---|---|---|---|---|
| Piltover Technologies Private Limited CIN U72900KL2015PTC039293 | Active | 07 Oct 2015 | Kozhikode, Kerala | ₹0.2 Cr | 2 | View details |
Products & Services of Piltover Technologies
Piltover Technologies offers a comprehensive portfolio of products and services, including Mechanical Prosthetic Hand.
Provides functional support for amputees to perform everyday tasks effectively.
Funding Insights of Piltover Technologies
Piltover Technologies has successfully raised a total of $58.73K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $13.96 thousand completed in November 2019. 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 $58,726
- Total Rounds 2
- Last Round Seed — $13,960
- First Round $44,766
(Jun 2018)
- Investors Count 2
All 2 funding rounds of Piltover Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Valuation | Stage |
|---|---|---|
| Nov 2019 | $1.11M | •••••••• |
| Jun 2018 | $1.17M | •••••••• |
Last known valuation $1.11M (Nov 2019). 2 investors in total: 2 institutional.
Investors in Piltover Technologies
Piltover Technologies has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Hatcher+ and thinQbate.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startup incubation and community support services in Mumbai. | 2016 | thinqbate.com | Mumbai, India | |
AI-enabled automated tools for accelerators and fund managers | 2016 | hatcher.com | Singapore, Singapore |
Investor details for Piltover Technologies
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 Piltover Technologies Private Limited (Piltover Technologies)
Piltover Technologies Private Limited is the primary company behind Piltover Technologies. The board of Piltover Technologies Private Limited currently have 2 directors; the longest-serving is Anirudh Vellillath Madathil Kishen, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anirudh Vellillath Madathil Kishen DIN 07215955 | Director | 07 Oct 2015 | 11 yrs | Piltover Technologies Private Limited |
| Manan Issar DIN 06656219 | Director | 01 Aug 2016 | 10 yrs 3 mo | Piltover Technologies Private Limited |
People of Piltover Technologies
3 people are tracked at Piltover Technologies (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Vyshnav Chandran | Co-Founder & CEO | Leadership |
| Co-Founder & Partner | Leadership |
Complete people profiles for Piltover Technologies
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 Piltover Technologies
Figures of Piltover Technologies Private Limited, the primary company behind Piltover Technologies, for FY 2024. Revenue was ₹21.6 Lakh. Net loss was -₹9.3 Lakh (-43% margin). EBITDA was -₹8.6 Lakh (-40% margin). Revenue has grown at a compounded annual rate of +416% over three years and +89% over five years.
- ₹21.6 LakhRevenue · FY 2024
- -₹9.3 LakhNet loss · -43% margin
- -₹8.6 LakhEBITDA · -40% margin
- ₹9.9 LakhPaid-up capital
- +416%Revenue CAGR, 3 years
- +89%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Piltover Technologies Private Limited are on its company page.
Detailed financial statements for Piltover Technologies
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 Piltover Technologies
4 dated milestones of Piltover Technologies across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Piltover Technologies is founded.
- Funding First funding round of $45K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $14K.
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Frequently Asked Questions about Piltover Technologies
Piltover Technologies was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Piltover Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Vyshnav Chandran is the CEO of Piltover Technologies, as recorded in our data. They have also founded this company.
Piltover Technologies is a funded company, having raised a total of $58.73K across 2 funding rounds to date. The company's 1st funding round was a Seed of $44.77K, raised on Jun 2018.
The primary company behind Piltover Technologies, Piltover Technologies Private Limited, reported revenue of ₹21.6 Lakh for FY 2024.
Piltover Technologies was founded in 2015 in Bengaluru, India, with a focus on the disabilities sector. Artificial limbs incorporating self-locking mechanisms are produced to support daily interactions for users. Operations center on product development and provision of assistive technologies. The company is led by co-founders including Vyshnav Chandran as CEO and others in key roles, serving the assistive devices market.
Piltover Technologies offers Mechanical Prosthetic Hand.
The valuation of Piltover Technologies is $1.11M as of Nov 2019.
Piltover Technologies operates through Piltover Technologies Private Limited.
The legal entities of Piltover Technologies currently have 2 directors, including Anirudh Vellillath Madathil Kishen, Manan Issar.