About SparshMind Innovations
SparshMind Innovations is a Healthcare company based in Delhi (India) founded in 2023 by Hriushikesh R Wadekar and Harikrishnan M. It develops VR therapy for neurological disabilities and patient recovery programs. It operates on a B2B and SaaS model in Healthcare and Technology sectors. Its chief executive is Harikrishnan M. Its Indian entity Sparshmind Innovations Private Limited reported revenue of ₹2.7 Lakh. SparshMind Innovations offers products and services including REMIND and VR Therapy Program. Its focus areas include Neurotech, Cognitive Therapy, Immersive Solutions and Rehabilitation. Its competitors include XRHealth, AppliedVR, Smileyscope, Prosoma and Amelia Virtual Care and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
Sparshmind Innovations specializes in creating evidence-based VR therapy solutions for neuro-muscular rehabilitation, pain management, and cognitive behavioral therapy. They collaborate with institutions like AIIMS and IIT Delhi to provide personalized, clinician-guided treatments accessible via centers or homes in India. Their approach uses advanced technologies like immersive virtual reality, grounded in research such as Stanfords Biodesign Process, to enhance patient outcomes and make rehabilitation engaging and effective.
- Headquarters Delhi, India
- Founders Hriushikesh R Wadekar, Harikrishnan M
- SectorsHealthcareTechnology
- Email••••••••
- Website sparshmindinnovations.com
- Social LinkedIn Instagram
- Legal Name Sparshmind Innovations Private Limited
- Date of Incorporation 25 May, 2023
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹2.7 Lakh
FY 2024
- Net Loss-₹4.5 Lakh
FY 2024 · -164% margin
- EBITDA-₹4.3 Lakh
FY 2024 · -158% margin
Associated legal entities of SparshMind Innovations
SparshMind Innovations operates through Sparshmind Innovations 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 |
|---|---|---|---|---|---|---|---|
| Sparshmind Innovations Private Limited CIN U86909PN2023PTC220881 | Active | 25 May 2023 | Pune, Maharashtra | ₹0.0 Cr | – | 3 | View details |
Products & Services of SparshMind Innovations
SparshMind Innovations offers a comprehensive portfolio of products and services, including REMIND and VR Therapy Program.
Immersive VR solution for neuro-muscular rehabilitation and patient engagement.
Clinician-guided VR for pain management and cognitive behavioral therapy.
Board of directors of Sparshmind Innovations Private Limited (SparshMind Innovations)
Sparshmind Innovations Private Limited is the primary company behind SparshMind Innovations. The board of Sparshmind Innovations Private Limited currently have 3 directors; the longest-serving is Harikrishnan Mohan Kumar, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Harikrishnan Mohan Kumar DIN 10175662 | Director | 25 May 2023 | 3 yrs 4 mo | Sparshmind Innovations Private Limited |
| Hriushikesh Rohidas Wadekar DIN 10175661 | Director | 25 May 2023 | 3 yrs 4 mo | Sparshmind Innovations Private Limited |
| Abhijith Unni DIN 10415872 | Director | 06 Dec 2023 | 2 yrs 10 mo | Sparshmind Innovations Private Limited |
People of SparshMind Innovations
3 people are tracked at SparshMind Innovations (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder, COO | Leadership | |
| Co-founder and CTO | Leadership | |
Harikrishnan M | Co-Founder, CEO | Leadership |
Complete people profiles for SparshMind Innovations
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- Full employee list
- Team structure
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Financials of SparshMind Innovations
Figures of Sparshmind Innovations Private Limited, the primary company behind SparshMind Innovations, for FY 2024. Revenue was ₹2.7 Lakh. Net loss was -₹4.5 Lakh (-164% margin). EBITDA was -₹4.3 Lakh (-158% margin).
- ₹2.7 LakhRevenue · FY 2024
- -₹4.5 LakhNet loss · -164% margin
- -₹4.3 LakhEBITDA · -158% margin
- ₹1.1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Sparshmind Innovations Private Limited are on its company page.
Detailed financial statements for SparshMind Innovations
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Competitors of SparshMind Innovations
SparshMind Innovations has 8 listed competitors in our database, 7 of them funded. They include XRHealth, AppliedVR, Smileyscope, Prosoma and Amelia Virtual Care, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| xr.health | 2016 | Brookline, United States | $27M | 75 | VR-based home therapy systems are developed for symptom treatment. | |
| appliedvr.io | 2014 | Los Angeles, United States | $65.12M | 48 | At-home VR platform for chronic pain relief is developed. | |
| smileyscope.com | 2017 | Melbourne, Australia | $10.74M | – | Virtual reality suite offered for pediatric healthcare procedures. | |
| prosoma.com | 2017 | London, United Kingdom | $4.23M | – | Developer of digital therapeutic solutions for behavioural therapy | |
| ameliavirtualcare.com | 2014 | Girona, Spain | $17.47M | – | VR solutions for mental health treatments are provided. | |
| singular.health | 2017 | Perth, Australia | – | – | Provider of cloud-based imaging platform for diagnosis of disease | |
| oncomfort.com | 2017 | Wavre, Belgium | $11.79M | 4 | Digital sedation device is developed for pain and anxiety management. | |
| oxfordvr.co | 2016 | Austin, United States | $19.21M | 35 | Virtual reality devices for psychological health treatment are provided. |
Detailed competitors of SparshMind Innovations
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Top companies in Neurology Apps
10 companies that operate in the same segment as SparshMind Innovations (Neurology Apps), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides wearable EEG devices and software for brain activity tracking. | 2020 | India | USD 2.73 M | USD 58.64 K | – | |
Offers meditation guidance, introspection tools, and spiritual reading through mobile application. | 2018 | Hyderabad, Telangana, India | – | USD 881.96 K | 111 | |
App-based personalized program using psychological tools to quit smoking permanently. | 2021 | Mumbai, Maharashtra, India | – | USD 628.2 | – | |
Delivers a comprehensive app for managing smartphone addiction and promoting digital well-being. | 2019 | Indore, Madhya Pradesh, India | – | – | 1 | |
A mobile app providing meditation and mindfulness activities for improved mental wellness. | 2020 | Bengaluru, Karnataka, India | – | – | – | |
Mobile app for guided daily sadhana and meditation practices. | 2015 | Bengaluru, Karnataka, India | – | – | – | |
Offers a comprehensive app for mental health management. | 2021 | Delhi, Delhi, India | – | USD 357.65 | 1 | |
Offers a mobile application for psychological health support. | 2019 | Pune, Maharashtra, India | USD 442.52 K | – | – | |
Develops open source software and mobile applications for driving and health tracking. | – | Bengaluru, Karnataka, India | – | – | – | |
Offers a mobile app to monitor and control smartphone addiction. | 2014 | Bengaluru, Karnataka, India | – | – | – |
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Frequently Asked Questions about SparshMind Innovations
SparshMind Innovations was founded in 2023.
SparshMind Innovations is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Harikrishnan M is the current CEO of SparshMind Innovations. They have also founded this company.
The primary company behind SparshMind Innovations, Sparshmind Innovations Private Limited, reported revenue of ₹2.7 Lakh for FY 2024.
Sparshmind Innovations specializes in creating evidence-based VR therapy solutions for neuro-muscular rehabilitation, pain management, and cognitive behavioral therapy. They collaborate with institutions like AIIMS and IIT Delhi to provide personalized, clinician-guided treatments accessible via centers or homes in India. Their approach uses advanced technologies like immersive virtual reality, grounded in research such as Stanfords Biodesign Process, to enhance patient outcomes and make rehabilitation engaging and effective.
SparshMind Innovations offers REMIND and VR Therapy Program.
SparshMind Innovations operates through Sparshmind Innovations Private Limited.
The legal entities of SparshMind Innovations currently have 3 directors, including Abhijith Unni, Harikrishnan Mohan Kumar, Hriushikesh Rohidas Wadekar.