Rakya

Bengaluru, India Founded: 2001 • Age: 25 yrs
Hospital management solutions are offered by Rakya Technologies.
Annual revenue $13,207 Latest available
Total funding $136,030 3 rounds
Employees - Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Rakya

Rakya is a company based in Bengaluru (India) founded in 2001 by Chetan Patil. Rakya has raised $136.03 thousand across 3 funding rounds from investors including Balakrishna, Venkatesh Iyengar and Preeti Mudda. Rakya operates in a competitive market with competitors including Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.

  • Headquarter Bengaluru, India
  • Founders Chetan Patil
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Rakya Technologies Private Limited
  • Date of Incorporation 29 Dec, 2006
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.21 K (USD)
    -56.3
    as on Mar 31, 2019
  • Net Profit
    $17.62 (USD)
    100.06
    as on Mar 31, 2019
  • EBITDA
    $8.86 K (USD)
    133.2
    as on Mar 31, 2019
  • Total Equity Funding
    $136.03 K (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors

    & 8 more

  • Employee Count
    Not available
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Funding Insights of Rakya

Rakya has successfully raised a total of $136.03K across 3 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.

Investors in Rakya

Rakya has secured backing from 9 investors, including angel investors. Prominent investors backing the company include Balakrishna, Venkatesh Iyengar and Preeti Mudda.

All
Angel
Investor Description Founded Year Domain Location

Balakrishna

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Venkatesh Iyengar

Angel investor and tech entrepreneur, focused on early-stage Indian startups.
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Preeti Mudda

-
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Investor details for Rakya

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Investments & Acquisitions by Rakya

Investments
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Investment portfolio details for Rakya

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Financial Statements - Rakya

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Detailed financials for Rakya

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Rakya Comparisons

Rakya Primary company
Description
Hospital management solutions are offered by Rakya Technolog...
Location
Bengaluru, India
Founded Year
2001
Annual Revenue
$13.21 K (USD)
Net Profit
$17.62 (USD)
EBITDA
$8.86 K (USD)
Employees
Not available
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Peer comparison for Rakya

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Competitors of Rakya

Rakya 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 Modernizing Medicine, Practice Fusion, Flatiron Health, Hint Health and Medsphere Systems, among others.

Company Name Domain Founded year HQ Location Description
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AI-driven EMR and practice management software is delivered for clinics.
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Cloud-based EHR system is provided for physicians' practices.
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Cloud-based oncology management tools are provided for cancer care providers.
Locked Locked Locked
SaaS-based practice management solution is provided for healthcare professionals.
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Open-source healthcare software is provided by Medsphere Systems.
Locked Locked Locked
Cloud-based software for dental practice management is developed.
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Detailed competitors of Rakya

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Latest news on Rakya

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Frequently Asked Questions about Rakya

Rakya was founded in 2001 and raised its 1st funding round 11 years after it was founded.

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

Chetan Patil is the current CEO of Rakya. They have also founded this company.

Rakya is a funded company, having raised a total of $136.03K across 3 funding rounds to date.

Annual revenue of Rakya is $13.21K as on Mar 31, 2019.

Rakya Technologies offers hospital management solutions. Solutions offered by the company include Piston, Naavi, Fintal, Maple, Mole, Nursing Cart, Sandesh, and Vaidya Bindu. Piston solution provides access to patient medical history during treatment. Naavi is a laboratory management solution it features report preparation, specific lab report to reduce errors, doctor access to lab reports for analysis. Fintal is a finance management solution that features patient transactions, and tracking of bill payments by patients, Maple is a pharmacy management solution that features stock management, finance management, procurement, etc. Mole is a hospital management solution that can be used form tablets for monitoring. Nursing Cart assists in chart preparation and monitors patient activity. Sandesh is a communication solution for medical professionals. Vaidya Bindu is a solution that provides access to endoscopy, ECG, ct-scan, x-ray images for analysis, also assits in image storage.

Rakya's top competitors include Modernizing Medicine, Flatiron Health and Practice Fusion.

Rakya has 9 investors. Key investors include Balakrishna, Venkatesh Iyengar, Preeti Mudda, Preeti Mudda, and Sukesh Pai.

The valuation of Rakya is $26.37M as of Feb 2017.

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