About Synapsica
Synapsica is a Healthcare company based in Bengaluru (India) founded in 2018 by Cherian Dr, Gandharv Goyal, and Meenakshi Singh. AI-based teleradiology software is developed for radiology workflows. Synapsica has raised $4.81 million across 4 funding rounds from investors including International Finance Corporation, IvyCap Ventures and Stellaris Venture Partners. The company has 44 employees. Synapsica was last valued at $8.91 million in April 2021. Its chief executive, as recorded, is Meenakshi Singh. Its Indian entity Synapsica Healthcare Private Limited reported revenue of ₹2.07 Cr. Synapsica offers products and services including Spindle, SpindleX, RADIOLens, and Teleradiology. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations. Its competitors include Qure.ai and Deeptek; 2 of its 2 listed competitors have raised funding.
Company details
Synapsica was founded in 2018 in Bengaluru, India, focusing on the healthcare sector. AI-enabled radiology tools are provided for workflow and practice management, including Synapsica Spindle for MRI Spine reporting and Synapsica Prism for CT Head reporting. Services encompass emergency teleradiology, reviews for MRI, CT, mammograms, X-rays, and other modalities, supporting healthcare professionals in diagnostic processes.
- Headquarters Bengaluru, India
- Employees 44
- Founders Cherian Dr, Gandharv Goyal, Meenakshi Singh
- Stage Minicorn
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website synapsica.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Synapsica Healthcare Pvt Ltd
- Date of Incorporation 23 Dec, 2019
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹2.07 Cr
FY 2021
- Net Loss-₹1.47 Cr
FY 2021 · -71% margin
- EBITDA-₹1.46 Cr
FY 2021 · -71% margin
- Total Equity Funding$4.81M (USD)
in 4 rounds
- Latest Funding Round$4.2M (USD), Series A
Apr 2021
- InvestorsInternational Finance Corporation
& 5 more
- Employee Count44
Associated legal entities of Synapsica
Synapsica is associated with 2 registered companies on The Company Check; the primary company is Synapsica Healthcare Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Synapsica Healthcare Private Limited CIN U74999DL2019PTC359165 | Active | 23 Dec 2019 | New Delhi, Delhi | ₹2.1 Cr | 44 | 3 | View details |
| Synapsica Technologies Private Limited CIN U74999DL2017PTC320790 | Active | 18 Jul 2017 | New Delhi, Delhi | ₹2.1 Cr | 45 | 4 | View details |
Products & Services of Synapsica
Synapsica offers a comprehensive portfolio of products and services, including Spindle, SpindleX, RADIOLens, and Teleradiology.
Automates preliminary reports for MRI Spine diagnostics
Generates automated reports for spine stress x-rays
Provides AI-enabled workflows for radiology imaging
Offers remote reading for medical imaging cases
Apps and channels of Synapsica
its YouTube channel Synapsica has 60 subscribers and 6 videos.
Videos from Synapsica
The most watched videos on Synapsica's YouTube channel, Synapsica (60 subscribers). Click a video to play it here.
More on Synapsica.
Funding Insights of Synapsica
Synapsica has successfully raised a total of $4.81M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $4.2 million completed in April 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 $4.81M
- Total Rounds 4
- Last Round Series A — $4.2M
- First Round $487,069
(Sep 2019)
- Investors Count 6
All 4 funding rounds of Synapsica 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 |
|---|---|---|---|---|---|
| Apr 2021 | $4.2M | Series A | $8.91M | IvyCap Ventures Advisors, Endiya Partners | |
| Dec 2020 | Seed | – | – | ||
| Mar 2020 | $125,000 | Seed | – | Y Combinator | – |
| Sep 2019 | $487,069 | Angel Round | – | Mohd Kashif Rashid | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $8.91M | •••••••• |
Last known valuation $8.91M (Apr 2021). 6 investors in total: 5 institutional and 1 angel.
Investors in Synapsica
Synapsica has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include International Finance Corporation, IvyCap Ventures and Stellaris Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in startups from leading Indian institutions across various sectors. | 2011 | ivycapventures.com | Mumbai, India | |
Early-stage venture capital investing in AI, deep tech, healthcare, and fintech startups. | 2015 | endiya.com | Hyderabad, India | |
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
MK Mohd Kashif Rashid | unknown_93106cf98fa643299 |
Investor details for Synapsica
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Synapsica Healthcare Private Limited (Synapsica)
Synapsica Healthcare Private Limited is the primary company behind Synapsica. The boards of the 2 registered companies of Synapsica currently have 4 directors; the longest-serving is Mohd Kashif Rashid, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohd Kashif Rashid DIN 07577078 | Director | 02 Jul 2018 | 8 yrs 3 mo | Synapsica Technologies Private Limited |
| Gandharv Goyal DIN 07046020 | Director | 23 Dec 2019 | 6 yrs 10 mo | Synapsica Healthcare Private Limited, Synapsica Technologies Private Limited |
| Meenakshi Singh DIN 08166159 | Director | 23 Dec 2019 | 6 yrs 10 mo | Synapsica Healthcare Private Limited, Synapsica Technologies Private Limited |
| Cherian DIN 06510333 | Director | 23 Dec 2019 | 6 yrs 10 mo | Synapsica Healthcare Private Limited, Synapsica Technologies Private Limited |
People of Synapsica
7 people are tracked at Synapsica (4 in leadership, 3 in team); the tracked headcount is 44.
| Name | Role | Group |
|---|---|---|
Cherian Dr | Co-Founder | Leadership |
| Co-Founder & CBO | Leadership | |
| Co-Founder & CEO | Leadership | |
Mritunjay M. | Domestic Sales Head | Leadership |
Sai Reddy M | Software Engineer | Team |
Jency Durairaj | Content Writer | Team |
Rishav Pathak | Sales Operations Manager | Team |
Complete people profiles for Synapsica
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 Synapsica
Figures of Synapsica Healthcare Private Limited, the primary company behind Synapsica, for FY 2021. Revenue was ₹2.07 Cr. Net loss was -₹1.47 Cr (-71% margin). EBITDA was -₹1.46 Cr (-71% margin).
- ₹2.07 CrRevenue · FY 2021
- -₹1.47 CrNet loss · -71% margin
- -₹1.46 CrEBITDA · -71% margin
- ₹1.15 CrPaid-up capital
- 44Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Synapsica Healthcare Private Limited are on its company page.
Detailed financial statements for Synapsica
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Synapsica
4 dated milestones of Synapsica across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Synapsica is founded.
- Funding First funding round of $487K.
- Funding Latest funding round, Series A, of $4.2M.
- Milestone Reaches Minicorn status.
Competitors of Synapsica
Synapsica has 2 listed competitors in our database, 2 of them funded. They include Qure.ai and Deeptek.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| qure.ai | 2016 | Mumbai, India | $122.66M | 240 | AI-powered solutions for medical imaging diagnostics | |
| deeptek.ai | 2017 | Pune, India | $10M | 97 | AI-augmented diagnostic tools for radiology imaging are developed. |
Detailed competitors of Synapsica
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Web traffic of Synapsica
Websites that share an audience with Synapsica (synapsica.com).
Websites whose visitors overlap most with Synapsica. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aikenist.com | 100% | 7.2K | #1,729,603 | View details |
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Related news about Synapsica
Complete news archive for Synapsica
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Frequently Asked Questions about Synapsica
Synapsica was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Synapsica is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Meenakshi Singh is the CEO of Synapsica, as recorded in our data. They have also founded this company.
Synapsica is a funded company, having raised a total of $4.81M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $487.07K, raised on Sep 2019.
Synapsica has 44 employees.
The primary company behind Synapsica, Synapsica Healthcare Private Limited, reported revenue of ₹2.07 Cr for FY 2021.
Synapsica was founded in 2018 in Bengaluru, India, focusing on the healthcare sector. AI-enabled radiology tools are provided for workflow and practice management, including Synapsica Spindle for MRI Spine reporting and Synapsica Prism for CT Head reporting. Services encompass emergency teleradiology, reviews for MRI, CT, mammograms, X-rays, and other modalities, supporting healthcare professionals in diagnostic processes.
Synapsica offers Spindle, SpindleX, RADIOLens, and Teleradiology.
Synapsica has 6 investors. Key investors include International Finance Corporation, IvyCap Ventures, Stellaris Venture Partners, Endiya Partners, and Y Combinator.
The valuation of Synapsica is $8.91M as of Apr 2021.
Synapsica is associated with 2 legal entities: Synapsica Healthcare Private Limited, Synapsica Technologies Private Limited.