About Rymo Technologies
Rymo Technologies is a company based in Navi Mumbai (India) founded in 2020 by Abhishek Rai and Chirag Shah. Rymo Technologies has raised $1.42 million across 4 funding rounds from investors including Keva, IKP Knowledge Park and Somaiya Group. Rymo Technologies operates in a competitive market with competitors including AlterG, GripAble, Game Ready, Genrobotics and SENS Motion, among others.
- Headquarter Navi Mumbai, India
- Founders Abhishek Rai, Chirag Shah
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website rymo.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Rymo Technologies Private Limited
- Date of Incorporation 06 May, 2020
- Jurisdiction Navi Mumbai, Maharashtra, India
- Annual Revenue₹1.92 Cr
FY 2024 · +119% YoY
- Net Loss-₹22.5 Lakh
FY 2024 · -12% margin
- EBITDA-₹20.1 Lakh
FY 2024 · -10% margin
- Total Equity Funding$1.42M (USD)
in 4 rounds
- Latest Funding Round$1.08M (USD), Seed
Mar 2026
- InvestorsKeva
& 7 more
Associated legal entities of Rymo Technologies
Rymo Technologies operates through Rymo Technologies 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 |
|---|---|---|---|---|---|---|---|
| Rymo Technologies Private Limited CIN U29304MH2020PTC339654 | Active | 06 May 2020 | Navi Mumbai, Maharashtra | ₹1.9 Cr | 20 | 2 | View details |
Apps and channels of Rymo Technologies
its YouTube channel RYMO has 138 subscribers and 5 videos.
Videos from Rymo Technologies
The most watched videos on Rymo Technologies's YouTube channel, RYMO (138 subscribers). Click a video to play it here.
More on RYMO .
Funding Insights of Rymo Technologies
Rymo Technologies has successfully raised a total of $1.42M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.08 million completed in March 2026. 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 $1.42M
- Total Rounds 4
- Last Round Seed — $1.08M
- First Round $137,405
(May 2022)
- Investors Count 8
All 4 funding rounds of Rymo 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 |
|---|---|---|---|---|---|
| Mar 2026 | $1.08M | Seed | – | Indian Angel Network | – |
| Jul 2024 | $35,922 | Seed | $4.83M | IKP Knowledge Park | – |
| Jun 2023 | $169,611 | Seed | $2.6M | Keva | – |
| May 2022 | $137,405 | Seed | $••••• | Social Alpha |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2024 | $4.83M | •••••••• |
| Jun 2023 | $2.6M | •••••••• |
| May 2022 | $••••• | •••••••• |
Full valuation and stage history of Rymo 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 $4.83M (Jul 2024). 8 investors in total: 5 institutional and 3 angel.
Investors in Rymo Technologies
Rymo Technologies has secured backing from 8 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Keva, IKP Knowledge Park and Somaiya Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Med-tech startups are incubated by IKP Knowledge Park. | 1999 | ikpknowledgepark.com | Hyderabad, India | |
Sustainable startups are supported via innovation curation and venture funding. | – | socialalpha.org | Bengaluru, India | |
- | – | iangroup.vc | - | |
Biofuels and specialty chemicals are manufactured in India. | 2009 | somaiya.com | Mumbai, India | |
SO Sachin Oswal | - | – | unknown_3c2ca411ee9d40109 | - |
SG Subodh Gupta | - | – | unknown_0d635df4db99481cb | - |
BB Brijraj Bhuptani | Founder of Rooba.Finance, ex-entrepreneur, active angel investor in Indian startups | – | unknown_1e330e06720a44068 | - |
Keva is recognized as a leading fragrance and flavor manufacturer. | 1922 | keva.co.in | Mumbai, India |
Investor details for Rymo Technologies
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Board of directors of Rymo Technologies Private Limited (Rymo Technologies)
Rymo Technologies Private Limited is the primary company behind Rymo Technologies. The board of Rymo Technologies Private Limited currently have 2 directors; the longest-serving is Abhishek Ghanshyam Rai, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Ghanshyam Rai DIN 08739537 | Director | 06 May 2020 | 6 yrs 5 mo | Rymo Technologies Private Limited |
| Chirag Mukesh Shah DIN 08739536 | Director | 06 May 2020 | 6 yrs 5 mo | Rymo Technologies Private Limited |
People of Rymo Technologies
2 people are tracked at Rymo Technologies (2 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CTO | Leadership | |
| Co-Founder & CEO | Leadership |
Complete people profiles for Rymo Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Rymo Technologies
Figures of Rymo Technologies Private Limited, the primary company behind Rymo Technologies, for FY 2024. Revenue was ₹1.92 Cr (+119% year on year). Net loss was -₹22.5 Lakh (-12% margin). EBITDA was -₹20.1 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +719% over three years.
- ₹1.92 CrRevenue · FY 2024 · +119% YoY
- -₹22.5 LakhNet loss · -12% margin
- -₹20.1 LakhEBITDA · -10% margin
- ₹4.3 LakhPaid-up capital
- 20Employees (provident fund records)
- +719%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Rymo Technologies Private Limited are on its company page.
Detailed financial statements for Rymo Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Rymo Technologies
4 dated milestones of Rymo Technologies across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Rymo Technologies is founded.
- Funding First funding round of $137K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $1.1M.
Competitors of Rymo Technologies
Rymo 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 AlterG, GripAble, Game Ready, Genrobotics and SENS Motion, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| alterg.com | 2005 | Fremont, United States | $39.31M | 44 | Hardware and software solutions for rehabilitation are provided by AlterG. | |
| gripable.co | 2016 | London, United Kingdom | $13.55M | 30 | Cloud-based rehabilitation devices and apps are provided for patient recovery. | |
| gameready.com | 1997 | Concord, United States | $9M | 117 | Compression and cold therapy products | |
| genroboticsmedical.com | 2020 | Warwick, United Kingdom | $2.58M | 124 | AI-based robotic devices for mobility management and rehabilitation are developed. | |
| sens.dk | 2014 | Copenhagen, Denmark | $271,563 | 9 | Wearable patch for monitoring body movements is provided. | |
| xiangyumedical.com | 2002 | Anyang, China | – | – | Manufactures high-quality rehabilitation equipment. | |
| rekovo.com | 2014 | Columbus, United States | – | – | Physical rehabilitation devices are provided using gyroscope sensors by Rekovo. | |
| vibetechglobal.com | 2010 | Sheboygan, United States | $193,151 | – | Non-invasive neuromusculoskeletal rehabilitation equipment is provided for mobility impairments. |
Detailed competitors of Rymo Technologies
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Verified entity values are shown only after access is granted.
Latest news on Rymo Technologies
Complete news archive for Rymo Technologies
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Rymo Technologies
10 companies that operate in the same segment as Rymo Technologies (Orthopedics), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Prosthetic and orthotic devices are developed for individuals with disabilities. | 1919 | Duderstadt, Lower Saxony, Germany | USD 17 M | USD 1.97 B | – | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Developer of drugs for treating rare and autoimmune diseases | 2008 | Dublin, Ireland | USD 61.78 M | USD 617.41 M | – | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 | |
Smart surgical devices for spinal surgery are developed. | 1997 | San Diego, California, United States | USD 54.1 M | – | – | |
Robotic arms are provided for mobility and rehabilitation support. | 2004 | Boston, Massachusetts, United States | USD 17.21 M | USD 40.93 M | 185 | |
AI-powered drug discovery platform for various diseases | 2016 | New York, New York, United States | USD 608 M | – | – | |
Exoskeletons for medical rehabilitation and industrial productivity are provided. | 2005 | United States | USD 24.37 M | USD 71.6 M | 61 | |
Stabilization devices for healthcare are manufactured by the company. | 2005 | New York, New York, United States | USD 142.15 M | – | 43 |
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Frequently Asked Questions about Rymo Technologies
Rymo Technologies was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Rymo Technologies is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
Chirag Shah is the current CEO of Rymo Technologies. They have also founded this company.
Rymo Technologies is a funded company, having raised a total of $1.42M across 4 funding rounds to date. The company's 1st funding round was a Seed of $137.41K, raised on May 2022.
The primary company behind Rymo Technologies, Rymo Technologies Private Limited, reported revenue of ₹1.92 Cr for FY 2024, up 119% year on year.
Rymo Technologies was founded in 2020 and is based in Navi Mumbai, India. Rehabilitation products for physical therapy are offered by the company within the healthcare sector. Solutions such as Mobi L, which incorporates robotics and virtual reality, are provided alongside mend, a portable robotic mobility trainer. Exercises for upper and lower limbs are enabled through various training modes to support patient recovery.
Rymo Technologies's top competitors include AlterG, GripAble and Game Ready.
Rymo Technologies has 8 investors. Key investors include Keva, IKP Knowledge Park, Somaiya Group, Social Alpha, and Sachin Oswal.
The valuation of Rymo Technologies is $4.83M as of Jul 2024.
Rymo Technologies operates through Rymo Technologies Private Limited.
The legal entities of Rymo Technologies currently have 2 directors, including Abhishek Ghanshyam Rai, Chirag Mukesh Shah.