About SimboAlpha
SimboAlpha is a company based in Bengaluru (India) founded in 2013 by Praveen Prakash. SimboAlpha has raised $880.69 thousand across 4 funding rounds from investors including Nagavenkata Satyakiran Munaga, Boreddy Amarender Reddy and Naga Kishore Kankipati. SimboAlpha operates in a competitive market with competitors including Pharmacierge, WonDRx, Prescriby, EazyScripts and EirSystems, among others.
- Headquarter Bengaluru, India
- Founders Praveen Prakash
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medyug Technology Private Limited
- Date of Incorporation 26 Apr, 2013
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$5.17 K (USD)-53.19as on Mar 31, 2023
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Net Profit
-$184.63 K (USD)8.46as on Mar 31, 2023
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EBITDA
-$240.19 K (USD)9.89as on Mar 31, 2023
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Total Equity Funding
$880.69 K (USD)
in 4 rounds
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Latest Funding Round
$409.46 K (USD), Seed
Jan 14, 2020
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Investors
& 18 more
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Employee Count
Not available
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Funding Insights of SimboAlpha
SimboAlpha has successfully raised a total of $880.69K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $409.46 thousand completed in January 2020. 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 SimboAlpha
SimboAlpha has secured backing from 19 investors, including angel investors. Prominent investors backing the company include Nagavenkata Satyakiran Munaga, Boreddy Amarender Reddy and Naga Kishore Kankipati.
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Nagavenkata Satyakiran Munaga |
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Boreddy Amarender Reddy |
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Naga Kishore Kankipati |
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Investor details for SimboAlpha
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Investments & Acquisitions by SimboAlpha
Investment portfolio details for SimboAlpha
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Financial Statements - SimboAlpha
Detailed financials for SimboAlpha
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Simboalpha Comparisons
Peer comparison for SimboAlpha
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Competitors of SimboAlpha
SimboAlpha 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 Pharmacierge, WonDRx, Prescriby, EazyScripts and EirSystems, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Medication management software is provided for doctors and patients.
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EHR facilitator solutions are provided for healthcare professionals' record management.
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Prescription management software is provided for healthcare professionals.
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E-prescribing software is supplied for telemedicine providers by EazyScripts.
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Blockchain-based prescription management software is provided by EirSystems.
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Detailed competitors of SimboAlpha
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Latest news on Simboalpha
Complete news archive for SimboAlpha
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Frequently Asked Questions about SimboAlpha
SimboAlpha was founded in 2013 and raised its 1st funding round 1 year after it was founded.
SimboAlpha is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
SimboAlpha is a funded company, having raised a total of $880.69K across 4 funding rounds to date.
Annual revenue of SimboAlpha is $5.17K as on Mar 31, 2023.
SimboAlpha was founded in 2013 in Bengaluru, India, as a provider of AI-based tools for electronic medical record (EMR) management. Services are directed toward healthcare professionals, facilitating efficient handling of patient data and records. Operations are based in the healthcare technology sector, with a focus on streamlining administrative processes through automated solutions. The companys domain is simboalpha.com, and it is led by co-founder and CTO Praveen Prakash.
SimboAlpha's top competitors include EirSystems, Pharmacierge and WonDRx.
SimboAlpha has 19 investors. Key investors include Nagavenkata Satyakiran Munaga, Boreddy Amarender Reddy, Naga Kishore Kankipati, Venugopala Reddy Vanukuri, and Dileep Kumar Reddy Karri.
The valuation of SimboAlpha is $5.69M as of Jan 2020.