Skanray

Mysuru, India Founded: 2007 • Age: 19 yrs
RD company focused on manufacturing diagnostic devices for multiple therapeutic areas
Annual revenue - Latest available
Total funding $28.2M 7 rounds
Employees - Tracked headcount
Investors 29 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Skanray

Skanray is a company based in Mysuru (India) founded in 2007 by Vishwaprasad Alva. Skanray has raised $28.18 million across 7 funding rounds from investors including Skanray, Ascent Capital and Agnus Capital. Skanray has completed 2 acquisitions, including CEI and Cei - xray. Skanray offers products and services including Mobile X-ray, Patient Monitoring, Ventilators, and Defibrillators. Skanray operates in a competitive market with competitors including GE Healthcare, Medtronic, Boston Scientific, Commure and Baxter, among others.

  • Headquarter Mysuru, India
  • Founders Vishwaprasad Alva
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Skanray Technologies Private Limited
Operational Areas
Healthcare → Medical Devices & Diagnostics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $28.18 M (USD)

    in 7 rounds

  • Latest Funding Round
    $7.86 M (USD), Series A

    Mar 03, 2021

  • Investors
    Skanray

    & 28 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    CEI

    & 1 more

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Products & Services of Skanray

Skanray offers a comprehensive portfolio of products and services, including Mobile X-ray, Patient Monitoring, Ventilators, and Defibrillators.

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Primary

Portable X-ray system for on-site medical imaging in hospitals.

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Multi-parameter monitor for tracking vital signs in care settings.

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Advanced ventilators for patient support in intensive care units.

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Biphasic defibrillators for cardiac emergency interventions.

Funding Insights of Skanray

Skanray has successfully raised a total of $28.18M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $7.86 million completed in March 2021. 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 Skanray

Skanray has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Skanray, Ascent Capital and Agnus Capital.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are made in information, communication, and clean technologies.
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AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine.
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Investments in multiple sectors are made through venture capital.
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Investor details for Skanray

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Investments & Acquisitions by Skanray

Skanray has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CEI and Cei - xray.

Investments
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Investment portfolio details for Skanray

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Automotive spare parts and accessories are supplied by CEI.
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X-ray tubes and vacuum systems are manufactured and tested.
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Complete acquisition details for Skanray

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Financial Statements - Skanray

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Detailed financials for Skanray

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Skanray Comparisons

Skanray Primary company
Description
R&D company focused on manufacturing diagnostic devices for ...
Location
Mysuru, India
Founded Year
2007
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Skanray

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Competitors of Skanray

Skanray 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 GE Healthcare, Medtronic, Boston Scientific, Commure and Baxter, among others.

Company Name Domain Founded year HQ Location Description
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Materials management solutions are provided for healthcare organizations.
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Medical equipment for treating over 30 chronic diseases is developed.
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Wide range of medical devices
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Complex healthcare challenges are addressed through technology solutions by Commure.
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Biosciences, medication delivery, and renal products are developed and marketed.
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Surgical instruments are manufactured for multiple therapeutic areas.
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Detailed competitors of Skanray

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Latest news on Skanray

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Complete news archive for Skanray

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Frequently Asked Questions about Skanray

Skanray was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Skanray is headquartered in Mysuru, India. It is registered at Mysuru, Karnataka, India.

Skanray is a funded company, having raised a total of $28.18M across 7 funding rounds to date.

RD company focused on manufacturing diagnostic devices for multiple therapeutic areas. It offers a range of healthcare products including Diagnostic imaging devices, Patient monitoring solutions, Defibrillators and AEDs, Respiratory care equipment, Anaesthesia delivery systems, Diagnostic cardiology products, Electrosurgical instruments, Drug delivery systems, Drug delivery systems, and Veterinary care equipment.

Skanray's top competitors include GE Healthcare, Medtronic and Boston Scientific.

Skanray offers Mobile X-ray, Patient Monitoring, Ventilators, and Defibrillators.

Skanray has made 2 acquisitions, including CEI, and Cei - xray.

Skanray has 29 investors. Key investors include Skanray, Ascent Capital, Agnus Capital, Karunaventures, and Chayadeep Properties.

The valuation of Skanray is $46.39M as of Mar 2021.

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