About Prantae
Prantae is a Healthcare company based in Bhubaneswar (India) founded in 2015 by Sumona Karjee Mishra and Aseem Mishra. It develops biomedical devices for improving health diagnosis and monitoring. It operates on a B2C model. Prantae has raised $577.44 thousand across 1 funding round from investors including Indian Angel Network, Samir Kalia and Nitin Zamre. Its chief executive is Aseem Mishra. Its Indian entity Prantae Solutions Private Limited reported revenue of ₹13.8 Lakh. Prantae offers products and services including Proflo-U, Eyera, Embargo, and Covid Testing Kit. Its focus areas include Health Tech, Biomedical Devices, Diagnostics and Self-Monitoring. Its competitors include Quanterix, Biocare Medical, Merck, BioLife Solutions and Telesis Bio and 5 more; 5 of its 10 listed competitors have raised funding.
Company details
Prantae Solutions specializes in creating biomedical devices that enhance diagnosis and support healthcare needs. They employ a structured process involving engineers, designers, and experts to develop safe, effective products focused on science, electronics, and CAD. Offerings include tools for kidney function tracking, biosensing, and COVID testing, aimed at improving user well-being globally through innovative solutions.
- Headquarters Bhubaneswar, India
- Founders Sumona Karjee Mishra, Aseem Mishra
- SectorsHealthcare
- Email••••••••
- Website prantae.com
- Social LinkedIn X Facebook Instagram
- Legal Name Prantae Solutions Private Limited (Opc)
- Date of Incorporation 01 Jun, 2015
- Jurisdiction Bhubaneswar, Odisha, India
- Annual Revenue₹13.8 Lakh
FY 2024 · -35% YoY
- Net Loss-₹50.8 Lakh
FY 2024 · -368% margin
- EBITDA-₹44.4 Lakh
FY 2024 · -322% margin
- Total Equity Funding$577.44K (USD)
in 1 rounds
- Latest Funding Round$577.44K (USD), Seed
Jan 2025
- InvestorsIndian Angel Network
& 3 more
Associated legal entities of Prantae
Prantae operates through Prantae Solutions 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 |
|---|---|---|---|---|---|---|---|
| Prantae Solutions Private Limited CIN U73100OR2015PTC019016 | Active | 01 Jun 2015 | Bhubaneswar, Odisha | ₹0.1 Cr | – | 2 | View details |
Products & Services of Prantae
Prantae offers a comprehensive portfolio of products and services, including Proflo-U, Eyera, Embargo, and Covid Testing Kit.
Device for tracking kidney function and self-health monitoring.
Nanosensors for various biosensing applications in health.
Spectroscopes for measuring ultra-sparse biomarkers accurately.
Kit for COVID-19 testing and data export capabilities.
Funding Insights of Prantae
Prantae has successfully raised a total of $577.44K through 1 strategic funding round. The most recent funding activity was a Seed round of $577.44 thousand completed in January 2025. 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 $577,435
- Total Rounds 1
- Last Round Seed — $577,435
- First Round $577,435
(Jan 2025)
- Investors Count 4
All 1 funding rounds of Prantae 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 2025 | $577,435 | Seed | – | Indian Angel Network |
4 investors in total: 1 institutional and 3 angel.
Investors in Prantae
Prantae has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Indian Angel Network, Samir Kalia and Nitin Zamre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investor network investing in early-stage startups | – | iangroup.vc | Delhi, India | |
SK Samir Kalia | - | – | unknown_be8e1f587f0642b98 | - |
NZ Nitin Zamre | - | – | unknown_53f894f3a3444424a | - |
DK Deepank Kumar | - | – | unknown_e991e6cbcec34036a | - |
Investor details for Prantae
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Prantae Solutions Private Limited (Prantae)
Prantae Solutions Private Limited is the primary company behind Prantae. The board of Prantae Solutions Private Limited currently have 2 directors; the longest-serving is Sumona Karjee Mishra, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumona Karjee Mishra DIN 07189101 | Director | 01 Jun 2015 | 11 yrs 4 mo | Prantae Solutions Private Limited |
| Aseem Mishra DIN 09794694 | Director | 18 Nov 2022 | 3 yrs 11 mo | Prantae Solutions Private Limited |
People of Prantae
2 people are tracked at Prantae (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| Co-Founder, CEO | Leadership |
Complete people profiles for Prantae
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Financials of Prantae
Figures of Prantae Solutions Private Limited, the primary company behind Prantae, for FY 2024. Revenue was ₹13.8 Lakh (-35% year on year). Net loss was -₹50.8 Lakh (-368% margin). EBITDA was -₹44.4 Lakh (-322% margin). Revenue has grown at a compounded annual rate of -53% over three years and -30% over five years.
- ₹13.8 LakhRevenue · FY 2024 · -35% YoY
- -₹50.8 LakhNet loss · -368% margin
- -₹44.4 LakhEBITDA · -322% margin
- ₹1.2 LakhPaid-up capital
- -53%Revenue CAGR, 3 years
- -30%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Prantae Solutions Private Limited are on its company page.
Detailed financial statements for Prantae
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of Prantae
2 dated milestones of Prantae across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Prantae is founded.
- Funding First funding round of $577K.
Competitors of Prantae
Prantae has 10 listed competitors in our database, 5 of them funded. They include Quanterix, Biocare Medical, Merck, BioLife Solutions and Telesis Bio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quanterix.com | 2007 | Cambridge, United States | $99.5M | 141 | Assay kits for ultra-sensitive biomarker detection are developed. | |
| biocare.net | 1997 | Concord, United States | $85M | 161 | Primary antibodies and instruments for immunohistochemistry are manufactured. | |
| merckgroup.com | 1668 | Darmstadt, Germany | – | 922 | Merck is engaged in science and technology solutions globally. | |
| biolifesolutions.com | 1987 | Bothell, United States | – | 685 | Tissue hypothermic storage and cryopreservation freeze media are developed. | |
| telesisbio.com | 2013 | San Diego, United States | $25M | – | Online platform offering life sciences reagents and kits | |
| athelas.com | 2014 | Mountain View, United States | $135.83M | 213 | Provider of smart solutions for monitoring heart rate, weight, and blood pressure | |
| bio-rad.com | 1952 | Hercules, United States | – | 10 | Portfolio of products and services for life science research and clinical diagnostic markets | |
| siemens-healthineers.com | 1847 | Erlangen, Germany | – | 66,000 | AI-based medical diagnostics are developed for healthcare applications. | |
| apbiocode.com | 2008 | Santa Fe Springs, United States | $20.29M | 66 | Assay kits and instruments for in vitro diagnostics are developed. | |
| prantae.solutions | 2015 | Bhubaneswar, India | – | – | Medical imaging and devices for pregnancy monitoring are developed. |
Detailed competitors of Prantae
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Top companies in Health Monitoring & Wearables
10 companies that operate in the same segment as Prantae (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 | 2,894 | |
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 | USD 398.5 M | 1,632 | |
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 | USD 275.25 M | 701 | |
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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Related news about Prantae
Complete news archive for Prantae
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Frequently Asked Questions about Prantae
Prantae was founded in 2015 and raised its 1st funding round 10 years after it was founded.
Prantae is headquartered in Bhubaneswar, India. It is registered at Bhubaneswar, Odisha, India.
Aseem Mishra is the current CEO of Prantae. They have also founded this company.
Prantae is a funded company, having raised a total of $577.44K across 1 funding round to date. The company's 1st funding round was a Seed of $577.44K, raised on Jan 2025.
The primary company behind Prantae, Prantae Solutions Private Limited, reported revenue of ₹13.8 Lakh for FY 2024, down 35% year on year.
Prantae Solutions specializes in creating biomedical devices that enhance diagnosis and support healthcare needs. They employ a structured process involving engineers, designers, and experts to develop safe, effective products focused on science, electronics, and CAD. Offerings include tools for kidney function tracking, biosensing, and COVID testing, aimed at improving user well-being globally through innovative solutions.
Prantae's top competitors include Athelas, Biocare Medical and Merck.
Prantae offers Proflo-U, Eyera, Embargo, and Covid Testing Kit.
Prantae has 4 investors. Key investors include Indian Angel Network, Samir Kalia, Nitin Zamre, and Deepank Kumar.
Prantae operates through Prantae Solutions Private Limited.
The legal entities of Prantae currently have 2 directors, including Sumona Karjee Mishra, Aseem Mishra.