About Punar
Punar was a Healthcare company based in Vellore (India) founded in 2018 by Soumyajyoti Mukherjee and Rahul Tripathy. It develops innovative rehabilitation devices for stroke patient recovery. It operates on a B2B model. Punar has raised $44.83 thousand across 2 funding rounds from investors including VIT-TBI and ah! Ventures. Punar was last valued at $563.42 thousand in March 2021. Its Indian entity Punar Rehab Solutions Private Limited reported revenue of ₹7.5 Lakh. The company is recorded as dissolved. Its focus areas include Medical Devices, Rehabilitation and Stroke Recovery.
Company details
Punar develops innovative rehabilitation devices for stroke patient recovery through providing healthcare solutions, developing medical devices, rehabilitation, and stroke recovery. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Vellore, India
- Founders Soumyajyoti Mukherjee, Rahul Tripathy
- SectorsHealthcare
- Website punar.in
- Social X Facebook
- Legal Name Punar Rehab Solutions Private Limited
- Date of Incorporation 14 Jun, 2019
- Jurisdiction Vellore, Tamil Nadu, India
- Annual Revenue₹7.5 Lakh
FY 2024
- Net Loss-₹27,216
FY 2024 · -4% margin
- EBITDA₹3,324
FY 2024 · 0% margin
- Total Equity Funding$44.83K (USD)
in 2 rounds
- InvestorsVIT-TBI
& 1 more
Associated legal entities of Punar
Punar operates through Punar Rehab 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 |
|---|---|---|---|---|---|---|---|
| Punar Rehab Solutions Private Limited CIN U85100TN2019PTC129925 | Active | 14 Jun 2019 | Vellore, Tamil Nadu | ₹0.1 Cr | 2 | View details |
Funding Insights of Punar
Punar has successfully raised a total of $44.83K across 2 strategic funding rounds. 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 $44,830
- Total Rounds 2
- First Round $44,830
(Mar 2021)
- Investors Count 2
All 2 funding rounds of Punar 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 |
|---|---|---|---|---|---|
| Mar 2022 | Seed | – | – | ||
| Mar 2021 | $44,830 | Seed | $563,420 | VIT-TBI | – |
Last known valuation $563,420 (Mar 2021). 2 investors in total: 2 institutional.
Investors in Punar
Punar has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include VIT-TBI and ah! Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology business incubation and support services for innovators are provided in India. | 2003 | vittbi.com | Vellore, India | |
Fundraising is enabled for startups through an investor connection platform. | ahventures.in | Mumbai, India |
Investor details for Punar
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 Punar Rehab Solutions Private Limited (Punar)
Punar Rehab Solutions Private Limited is the primary company behind Punar. The board of Punar Rehab Solutions Private Limited currently have 2 directors; the longest-serving is Charmi Vinodbhai Pabari, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Charmi Vinodbhai Pabari DIN 08482707 | Director | 14 Jun 2019 | 7 yrs 4 mo | Punar Rehab Solutions Private Limited |
| Nageswaran Sharmila DIN 09383838 | Director | 30 Nov 2021 | 4 yrs 11 mo | Punar Rehab Solutions Private Limited |
People of Punar
2 people are tracked at Punar (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, CTO | Leadership | |
| Co-Founder, COO | Leadership |
Complete people profiles for Punar
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 Punar
Figures of Punar Rehab Solutions Private Limited, the primary company behind Punar, for FY 2024. Revenue was ₹7.5 Lakh. Net loss was -₹27,216 (-4% margin). EBITDA was ₹3,324 (0% margin). Revenue has grown at a compounded annual rate of +323% over three years.
- ₹7.5 LakhRevenue · FY 2024
- -₹27,216Net loss · -4% margin
- ₹3,324EBITDA · 0% margin
- ₹10,870Paid-up capital
- +323%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Punar Rehab Solutions Private Limited are on its company page.
Detailed financial statements for Punar
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 Punar
3 dated milestones of Punar across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Punar is founded.
- Funding First funding round of $45K.
- Funding Latest funding round, Seed,.
Top companies in Home & Rehabilitation Care
2 companies that operate in the same segment as Punar (Home & Rehabilitation Care) in India, ranked by their profile score on The Company Check.
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Frequently Asked Questions about Punar
Punar was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Punar is headquartered in Vellore, India. It is registered at Vellore, Tamil Nadu, India.
Punar is a funded company, having raised a total of $44.83K across 2 funding rounds to date. The company's 1st funding round was a Seed of $44.83K, raised on Mar 2021.
The primary company behind Punar, Punar Rehab Solutions Private Limited, reported revenue of ₹7.5 Lakh for FY 2024.
Punar develops innovative rehabilitation devices for stroke patient recovery through providing healthcare solutions, developing medical devices, rehabilitation, and stroke recovery. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Punar has 2 investors. Key investors include VIT-TBI, and ah! Ventures.
The valuation of Punar is $563.42K as of Mar 2021.
Punar operates through Punar Rehab Solutions Private Limited.
The legal entities of Punar currently have 2 directors, including Charmi Vinodbhai Pabari, Nageswaran Sharmila.