About Remedinet Technologies
Remedinet Technologies is a company based in Bengaluru (India) founded in 2006 by Brahmesh Jain, Rahul Shukla, and Rammohan Prabhakar. Remedinet Technologies has raised $4.41 million across 5 funding rounds from investors including Bessemer Venture Partners, Nirvana Ventures Advisors and Net Logistics. The company has 217 employees. Remedinet Technologies offers products and services including Electronic Preauthorization Manager, Electronic Claims Manager, Electronic Discharge Manager, CFO Dashboard, and Payer Automation Suite. Remedinet Technologies operates in a competitive market with competitors including Perfios, Lumeris, Optum, Laguna and Cotiviti, among others.
- Headquarter Bengaluru, India
- Employees 217
- Founders Brahmesh Jain, Rahul Shukla, Rammohan Prabhakar
- Stage Minicorn
- SectorsFinancial ServicesHealthcare
- Email••••••••
- Phone•••• ••••
- Website remedinet.com
- Social LinkedIn X Facebook YouTube
- Legal Name Remedinet Technologies Private Limited
- Date of Incorporation 26 May, 2006
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹13.99 Cr
FY 2025 · +2% YoY
- Net Loss-₹4.58 Cr
FY 2025 · -33% margin
- EBITDA-₹3.99 Cr
FY 2025 · -29% margin
- Total Equity Funding$4.41M (USD)
in 5 rounds
- Latest Funding Round$529.38K (USD), Series A
Jul 2017
- InvestorsBessemer Venture Partners
& 9 more
- Employee Count217
Associated legal entities of Remedinet Technologies
Remedinet Technologies operates through Remedinet Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Remedinet Technologies Private Limited CIN U72200KA2006PTC039530 | Active | 26 May 2006 | Bangalore, Karnataka | ₹14.0 Cr | 217 | 3 | View details |
Products & Services of Remedinet Technologies
Remedinet Technologies offers a comprehensive portfolio of products and services, including Electronic Preauthorization Manager, Electronic Claims Manager, Electronic Discharge Manager, CFO Dashboard, and Payer Automation Suite.
Tool for electronic data entry and submission in health insurance preauthorization.
Platform for uploading and managing hospitalization claims without manual errors.
System for handling patient discharge and billing electronically.
Dashboard for monitoring revenue cycle in hospital billing.
Suite for automating health insurance administration for payers.
Software for managing central government health insurance programs.
Framework for automating government-initiated health insurance processes.
Apps and channels of Remedinet Technologies
its YouTube channel Remedinet has 51 subscribers.
Funding Insights of Remedinet Technologies
Remedinet Technologies has successfully raised a total of $4.41M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $529.38 thousand completed in July 2017. 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 $4.41M
- Total Rounds 5
- Last Round Series A — $529,381
- First Round $225,140
(Feb 2008)
- Investors Count 10
All 5 funding rounds of Remedinet Technologies 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 |
|---|---|---|---|---|---|
| Jul 2017 | $529,381 | Series A | $7.28M | Bessemer Venture Partners | – |
| Jan 2014 | $1.5M | Series A | $5.38M | Bessemer Venture Partners | |
| Jul 2013 | $147,013 | Seed | $••••• | Bessemer Venture Partners | |
| Oct 2011 | $2.02M | Seed | $••••• | – | |
| Feb 2008 | $225,140 | Angel Round | $••••• | Saurabh Srivastava, Sushil Upadhyay |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2017 | $7.28M | •••••••• |
| Jan 2014 | $5.38M | •••••••• |
| Jul 2013 | $••••• | •••••••• |
| Oct 2011 | $••••• | •••••••• |
Full valuation and stage history of Remedinet Technologies
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $7.28M (Jul 2017). 10 investors in total: 3 institutional and 7 angel.
Investors in Remedinet Technologies
Remedinet Technologies has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Nirvana Ventures Advisors and Net Logistics.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture capital firm focusing on investments in Indian internet, mobile, and digital payments sectors. | 2011 | nirvanaventures.in | Mumbai, India | |
Hosting services for web, cloud, and servers are provided. | 1994 | netlogistics.com.au | Sydney, Australia | |
RJ Rakesh Jhunjhunwala | - | – | unknown_e1374c0d993244298 | - |
SS Saurabh Srivastava | Veteran Indian angel investor, co-founder of NASSCOM, mentor to startups | – | unknown_c653f682b0a24d82a | - |
SU Sushil Upadhyay | - | – | unknown_4daa252a892a48c08 | - |
GG Gagan Garg | Angel investor and entrepreneur, co-founder of FinBox, focused on fintech innovation | – | unknown_3856ebaabc144e7ab | - |
MG Madhuri Garg | - | – | unknown_a02e9091a11947a68 | - |
TG Tapan Garg | - | – | unknown_5ec43c310b7b4cb3a | - |
PK Pawan Kumar | Angel investor, ex-Google, supports Indian startups in tech and consumer sectors. | – | unknown_11b56890a9d44d248 | - |
Investor details for Remedinet 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 Remedinet Technologies Private Limited (Remedinet Technologies)
Remedinet Technologies Private Limited is the primary company behind Remedinet Technologies. The board of Remedinet Technologies Private Limited currently have 3 directors; the longest-serving is Mahesh Nagarajiah, appointed in 2024. 15 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mahesh Nagarajiah DIN 07153195 | Director | 30 Sep 2024 | 2 yrs | Remedinet Technologies Private Limited |
| Prasad Kailash Krishnamorthy DIN 11079932 | Additional Director | 23 May 2025 | 1 yr 4 mo | Remedinet Technologies Private Limited |
| Sandesh Jayarama DIN 11012308 | Additional Director | 23 May 2025 | 1 yr 4 mo | Remedinet Technologies Private Limited |
People of Remedinet Technologies
4 people are tracked at Remedinet Technologies (4 in leadership); the tracked headcount is 217.
| Name | Role | Group |
|---|---|---|
Brahmesh Jain | Co-Founder | Leadership |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| CEO | Leadership |
Complete people profiles for Remedinet 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 Remedinet Technologies
Figures of Remedinet Technologies Private Limited, the primary company behind Remedinet Technologies, for FY 2025. Revenue was ₹13.99 Cr (+2% year on year). Net loss was -₹4.58 Cr (-33% margin). EBITDA was -₹3.99 Cr (-29% margin). Revenue has grown at a compounded annual rate of +16% over three years and +7% over five years.
- ₹13.99 CrRevenue · FY 2025 · +2% YoY
- -₹4.58 CrNet loss · -33% margin
- -₹3.99 CrEBITDA · -29% margin
- ₹1.19 CrPaid-up capital
- 217Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Remedinet Technologies Private Limited are on its company page.
Detailed financial statements for Remedinet 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 Remedinet Technologies
4 dated milestones of Remedinet Technologies across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Remedinet Technologies is founded.
- Funding First funding round of $225K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $529K.
Competitors of Remedinet Technologies
Remedinet Technologies 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 Perfios, Lumeris, Optum, Laguna and Cotiviti, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perfios.com | 2008 | Bengaluru, India | $258.77M | – | Provides financial technology solutions for data analysis and verification globally. | |
| lumeris.com | 2001 | Maryland Heights, United States | $477.3M | 1,375 | Lumeris offers population management and accountable care solutions | |
| optum.com | 2011 | Eden Prairie, United States | $250,000 | 140 | Optum is recognized as a leading health solution and care delivery organization. | |
| lagunahealth.com | 2020 | Tel Aviv, Israel | $21.6M | – | AI-based patient care management solutions are provided for hospitals. | |
| cotiviti.com | 1979 | Atlanta, United States | – | 2,135 | Analytics-driven payment accuracy solutions for healthcare payers are provided. | |
| mighty.com | 2015 | New York, United States | $14.25M | 33 | Software solutions for legal funding management are provided. | |
| abi-health.com | 2013 | Bengaluru, India | $16.18M | 82 | AI-driven solutions for healthcare operations are provided. | |
| osigu.com | 2015 | Guatemala | $45.21M | – | Online claims processing is facilitated for the insurance industry. |
Detailed competitors of Remedinet Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Remedinet Technologies
The website of Remedinet Technologies (remedinet.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▲ 23.6% vs previous month
Websites whose visitors overlap most with Remedinet Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| eclinicalworks.com | 100% | – | #182,603 | View details |
Latest news on Remedinet Technologies
Complete news archive for Remedinet Technologies
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Remedinet Technologies
10 companies that operate in the same segment as Remedinet Technologies (Insurance Technology & Support Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Insurance products for vehicles, health, travel, and life are offered. | 2016 | Bengaluru, Karnataka, India | USD 655.23 M | USD 216.04 M | 461 | |
Auto insurance is delivered via app to individual drivers. | 2017 | London, England, United Kingdom | USD 206.3 M | – | – | |
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | – | USD 1.48 B | 226 | |
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | – | – | |
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | – | – | |
Satellite-based imaging solutions are provided using synthetic aperture radar. | 2016 | Palo Alto, California, United States | USD 233.99 M | – | 191 | |
API-enabled insurance distribution platform is provided for B2C companies. | 2011 | Noida, Uttar Pradesh, India | USD 120.6 M | – | – | |
AI and microsatellite-based imaging solutions are developed for data monitoring. | 2014 | Espoo, Finland | USD 1.16 B | – | – | |
Software suite for insurance distribution and management is provided. | 2014 | New York, New York, United States | USD 354.55 M | USD 21.6 K | – | |
AI-enabled driver monitoring and fleet safety management solutions | 2015 | Palo Alto, California, United States | USD 182.84 M | – | – |
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Frequently Asked Questions about Remedinet Technologies
Remedinet Technologies was founded in 2006 and raised its 1st funding round 2 years after it was founded.
Remedinet Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Munish Daga is the current CEO of Remedinet Technologies.
Remedinet Technologies is a funded company, having raised a total of $4.41M across 5 funding rounds to date. The company's 1st funding round was a Angel Round of $225.14K, raised on Feb 2008.
Remedinet Technologies has 217 employees.
The primary company behind Remedinet Technologies, Remedinet Technologies Private Limited, reported revenue of ₹13.99 Cr for FY 2025, up 2% year on year.
Remedinet Technologies was founded in 2006 in Bengaluru, India, within the healthcare technology sector. Network solutions are offered to automate claims processing, pre-authorization, and discharge management for hospitals and insurers. Products include electronic managers for authorizations and discharges, along with a revenue cycle dashboard. Additional services support government health insurance schemes and corporate self-funded programs, with operations focused on reducing administrative tasks in the Indian market.
Remedinet Technologies offers Electronic Preauthorization Manager, Electronic Claims Manager, Electronic Discharge Manager, CFO Dashboard, and 3 more products and services.
Remedinet Technologies has 10 investors. Key investors include Bessemer Venture Partners, Nirvana Ventures Advisors, Net Logistics, Rakesh Jhunjhunwala, and Saurabh Srivastava.
The valuation of Remedinet Technologies is $7.28M as of Jul 2017.
Remedinet Technologies operates through Remedinet Technologies Private Limited.