Prantae

Bhubaneswar, India Founded: 2015 • Age: 11 yrs
Develops biomedical devices for improving health diagnosis and monitoring.
Annual revenue $25,619 Latest available
Total funding $577,435 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Prantae

Prantae is a company based in Bhubaneswar (India) founded in 2015 by Sumona Karjee Mishra and Aseem Mishra. It operates as a B2C. Prantae has raised $577.44 thousand across 1 funding round from investors including Indian Angel Network, Samir Kalia and Nitin Zamre. Prantae offers products and services including Proflo-U, Eyera, Embargo, and Covid Testing Kit. Prantae operates in a competitive market with competitors including Quanterix, Biocare Medical, Merck, BioLife Solutions and Telesis Bio, among others.

  • Headquarter Bhubaneswar, India
  • Founders Sumona Karjee Mishra, Aseem Mishra
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Legal Name Prantae Solutions Private Limited (Opc)
  • Date of Incorporation 01 Jun, 2015
  • Jurisdiction Bhubaneswar, Orissa, India
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $25.62 K (USD)
    -80.39
    as on Mar 31, 2023
  • Net Profit
    -$88.6 K (USD)
    -9052.88
    as on Mar 31, 2023
  • EBITDA
    -$101.69 K (USD)
    -52.22
    as on Mar 31, 2023
  • Total Equity Funding
    $577.44 K (USD)

    in 1 rounds

  • Latest Funding Round
    $577.44 K (USD), Seed

    Jan 15, 2025

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

Prantae offers a comprehensive portfolio of products and services, including Proflo-U, Eyera, Embargo, and Covid Testing Kit.

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Category locked
Primary

Device for tracking kidney function and self-health monitoring.

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Nanosensors for various biosensing applications in health.

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Spectroscopes for measuring ultra-sparse biomarkers accurately.

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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.

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.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Angel investor network investing in early-stage startups
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Samir Kalia

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Nitin Zamre

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Investor details for Prantae

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Investments & Acquisitions by Prantae

Investments
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Investment portfolio details for Prantae

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Financial Statements - Prantae

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Detailed financials for Prantae

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Prantae Comparisons

Prantae Primary company
Description
Develops biomedical devices for improving health diagnosis a...
Location
Bhubaneswar, India
Founded Year
2015
Annual Revenue
$25.62 K (USD)
Net Profit
-$88.6 K (USD)
EBITDA
-$101.69 K (USD)
Employees
Not available
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Peer comparison for Prantae

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Competitors of Prantae

Prantae 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 Quanterix, Biocare Medical, Merck, BioLife Solutions and Telesis Bio, among others.

Company Name Domain Founded year HQ Location Description
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Assay kits for ultra-sensitive biomarker detection are developed.
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Primary antibodies and instruments for immunohistochemistry are manufactured.
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Merck is engaged in science and technology solutions globally.
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Tissue hypothermic storage and cryopreservation freeze media are developed.
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Online platform offering life sciences reagents and kits
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Provider of smart solutions for monitoring heart rate, weight, and blood pressure
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Detailed competitors of Prantae

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Latest news on Prantae

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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.

Annual revenue of Prantae is $25.62K as on Mar 31, 2023.

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.

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