About Skanray
Skanray is a Healthcare 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 was last valued at $46.39 million in March 2021. Its Indian entity Skanray Technologies Limited reported revenue of βΉ155 Cr. Skanray offers products and services including Mobile X-ray, Patient Monitoring, Ventilators, and Defibrillators. Its focus areas include Diversified Medical Devices and Devices.
Company details
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.
- Headquarters Mysuru, India
- Founders Vishwaprasad Alva
- Stage Minicorn
- SectorsHealthcare
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website world.skanray.com
- Social LinkedIn X Facebook YouTube
- Legal Name Skanray Technologies Private Limited
- Date of Incorporation 14 Feb, 2007
- Jurisdiction Mysore, Karnataka, India
Associated legal entities of Skanray
Skanray is associated with 4 registered companies on The Company Check; the primary company is Skanray Technologies Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Skanray Technologies Limited CIN U72200KA2007PLC041774 | Active | 14 Feb 2007 | Mysore, Karnataka | ₹155 Cr | 626 | 6 | View details |
| Firstpoint Medtech Private Limited CIN U33309KA2016PTC094238 | Under Process Of Striking Off | 17 Jun 2016 | Bangalore, Karnataka | ₹0.0 Cr | 40 | 2 | View details |
| Skanray Healthcare Global Private Limited CIN U85100KA2013PTC068496 | Active | 09 Apr 2013 | Mysore, Karnataka | ₹1.5 Cr | 5 | 5 | View details |
| Skanray Technologies Limited CIN U72200KA2007PTC041774 | Active | 14 Feb 2007 | Mysore, Karnataka, India | $32.9M | View details |
Products & Services of Skanray
Skanray offers a comprehensive portfolio of products and services, including Mobile X-ray, Patient Monitoring, Ventilators, and Defibrillators.
Portable X-ray system for on-site medical imaging in hospitals.
Multi-parameter monitor for tracking vital signs in care settings.
Advanced ventilators for patient support in intensive care units.
Biphasic defibrillators for cardiac emergency interventions.
Apps and channels of Skanray
its YouTube channel Skanray Technologies has 625 subscribers and 9 videos.
Videos from Skanray
The most watched videos on Skanray's YouTube channel, Skanray Technologies (625 subscribers). Click a video to play it here.
More on Skanray Technologies.
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.
- Total Funding $28.18M
- Total Rounds 7
- Last Round Series A β $7.86M
- First Round $992,786
(May 2010)
- Investors Count 29
All 7 funding rounds of Skanray 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 2021 | $7.86M | Series A | $46.39M | Agnus Capital | |
| Feb 2015 | $3.15M | Series A | $54.37M | Agnus | |
| Aug 2013 | $14.71M | Series A | $β’β’β’β’β’ | Ascent Capital | |
| Jun 2013 | Angel Round | β | Arun Kumar Pillai | β | |
| Oct 2012 | $188,868 | Angel Round | $β’β’β’β’β’ | Naresh S Malhotra | β |
| Sep 2011 | $1.29M | Seed | $β’β’β’β’β’ | Agnus | β |
| May 2010 | $992,786 | Seed | $β’β’β’β’β’ | Agnus |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2021 | $46.39M | β’β’β’β’β’β’β’β’ |
| Feb 2015 | $54.37M | β’β’β’β’β’β’β’β’ |
| Aug 2013 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Oct 2012 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| Sep 2011 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
| May 2010 | $β’β’β’β’β’ | β’β’β’β’β’β’β’β’ |
Full valuation and stage history of Skanray
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
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Verified entity values are shown only after access is granted.
Last known valuation $46.39M (Mar 2021). 29 investors in total: 6 institutional and 23 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in information, communication, and clean technologies. | Bengaluru, India | |||
AscentCapital is engaged in potato farming, grain marketing, and equipment services in Maine. | 2000 | ascentcapital.in | Bengaluru, India | |
Investments in multiple sectors are made through venture capital. | Bengaluru, India | |||
R&D company focused on manufacturing diagnostic devices for multiple therapeutic areas | 2007 | skanray.com | Mysuru, India | |
Limited information available | agnus.in | Bengaluru, India | ||
PP Pothapragada Pavan kumar | unknown_63bc151f7a574ac6b | |||
UR Uma Reddy | unknown_6c1be3fc66304b13a | |||
TC T Chamundeshwari | unknown_ea527b1ea41d4289a | |||
NS Naresh S Malhotra | unknown_12bbdd4c448847faa |
Investor details for Skanray
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Skanray Technologies Limited (Skanray)
Skanray Technologies Limited is the primary company behind Skanray. The boards of the 3 registered companies of Skanray currently have 9 directors; the longest-serving is Vishwaprasad Alva, appointed in 2007. 45 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vishwaprasad Alva DIN 01240253 | Managing Director | 14 Feb 2007 | 19 yrs 8 mo | Skanray Technologies Limited |
| Reena Pandey DIN 09114515 | Director | 25 Mar 2021 | 5 yrs 7 mo | Skanray Technologies Limited |
| Doddaballapur Prasanna Achutarao DIN 00253371 | Director | 27 Mar 2021 | 5 yrs 7 mo | Skanray Technologies Limited |
| Kavita Swame DIN 08099527 | Whole-time director | 16 Apr 2021 | 5 yrs 6 mo | Skanray Healthcare Global Private Limited |
| Jayashree Satagopan DIN 06922300 | Director | 12 May 2021 | 5 yrs 5 mo | Skanray Technologies Limited |
| Thejus Ramanath Bharadwaj DIN 09827323 | Director | 16 Dec 2022 | 3 yrs 10 mo | Firstpoint Medtech Private Limited |
| Kondisetty Dushyantha Kumar DIN 02086955 | Director | 16 Dec 2022 | 3 yrs 10 mo | Firstpoint Medtech Private Limited |
| Ramaprasad Jyothinagaravyasha Sriraman DIN 00173696 | Director | 24 Dec 2022 | 3 yrs 10 mo | Skanray Healthcare Global Private Limited |
| Chandrappa Seetharamaiah DIN 07405773 | Director | 24 Dec 2022 | 3 yrs 10 mo | Skanray Healthcare Global Private Limited |
People of Skanray
1 people are tracked at Skanray (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Skanray
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Financials of Skanray
Figures of Skanray Technologies Limited, the primary company behind Skanray, for FY 2025. Revenue was ₹155 Cr (-22% year on year). Net loss was -₹78.92 Cr (-37% margin). EBITDA was -₹44.99 Cr (-21% margin). Revenue has grown at a compounded annual rate of -16% over three years and +7% over five years.
- ₹155 CrRevenue · FY 2025 · -22% YoY
- -₹78.92 CrNet loss · -37% margin
- -₹44.99 CrEBITDA · -21% margin
- ₹44.11 CrPaid-up capital
- 626Employees (provident fund records)
- -16%Revenue CAGR, 3 years
- +7%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Skanray Technologies Limited are on its company page.
Detailed financial statements for Skanray
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Skanray
Skanray has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CEI and Cei - xray.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
X-ray tubes and vacuum systems are manufactured and tested. | cei-xray.it | San Lazzaro, Italy | 1956 | Jul 2014 | β’β’β’β’ | |
Automotive spare parts and accessories are supplied by CEI. | cei.it | Bologna, Italy | 1969 | Jul 2004 | β’β’β’β’ |
Complete acquisition details for Skanray
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
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Verified entity values are shown only after access is granted.
Timeline of Skanray
6 dated milestones of Skanray across 17 years, from founding to its latest funding, stage changes and deals.
- Acquisition Acquires CEI.
- Founded Skanray is founded.
- Funding First funding round of $993K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Cei - xray.
- Funding Latest funding round, Series A, of $7.9M.
Web traffic of Skanray
The website of Skanray (skanray.com) receives about 5.4K visits a month.
- Monthly visits5.4K
▼ 33.8% vs previous month
Websites whose visitors overlap most with Skanray. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| trivitron.com | 100% | 19.6K | #970,714 | View details | |
| medica-tradefair.com | 98% | 97.5K | #299,256 | View details | |
dentaltech.com | dentaltech.com | 83% | #6,943,063 | β | |
| skanrayhealthcare.com | 40% | View details | |||
| skanrayamericas.com | 35% | View details |
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Related news about Skanray
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. The company's 1st funding round was a Seed of $992.79K, raised on May 2010.
The primary company behind Skanray, Skanray Technologies Limited, reported revenue of βΉ155 Cr for FY 2025, down 22% year on year.
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 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.
Skanray is associated with 3 legal entities: Skanray Technologies Limited, Firstpoint Medtech Private Limited, Skanray Healthcare Global Private Limited.
The legal entities of Skanray currently have 12 directors, including Thejus Ramanath Bharadwaj, Kondisetty Dushyantha Kumar, Ramaprasad Jyothinagaravyasha Sriraman and others.