# MedPrime Technologies Pvt.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medprime-technologies-pvt

- Industry: Medical Devices & Equipment
- Headquarters: Thane, India
- Website: www.medprimetech.com
- Total disclosed funding: $0.4M
- Latest round: Seed (Apr 26, 2021)
- Investors on record: 6

## About

MedPrime Technologies Pvt. Ltd. is an Indian company focused on innovating digital microscopy solutions, enhancing the capabilities of healthcare professionals and educational institutions in microscopy practices.Founded in 2014 and headquartered in Thane, India, MedPrime Technologies Pvt. Ltd. specializes in digital microscope production. Established by Binil Jacob, Greeshma Unnikrishnan, and Mahesh Rathor, the company has completed two funding rounds, including a Seed round in October 2024, raising INR 26.940 mn led by Social Alpha, and has a current valuation of INR 139.215 mn.MedPrime Technologies specializes in developing digital microscopes, notably the CILIKA microscope, which enhances traditional microscopy through high-resolution imaging and digital integration. Their products cater to medical institutions and healthcare professionals, aiding in education and clinical environments across India, Brazil, and Oman.In 2023, MedPrime Technologies reported revenue of INR 552,347.3, with an EBITDA of INR -38,058.4. Their revenue model is primarily based on direct sales of digital microscopes to healthcare professionals and institutions, including hospitals and medical colleges.Following their latest funding round in October 2024, MedPrime Technologies plans to expand its international market reach and enhance technology and manufacturing processes. The funding will accelerate initiatives targeting new geographic regions, with specific emphasis on expanding their product offerings and enhancing the manufacturing process.

## Funding rounds

- Seed, Apr 26, 2021, $0.4M — Keiretsu Forum, Mumbai Angels, Society for Innovation and Entrepreneurship, Social Alpha, Lavni Ventures, RiSo Capital

## Investors

- Keiretsu Forum — Seed
- Mumbai Angels (https://capitalatlas.ai/funds/mumbai-angels) — Seed
- Society for Innovation and Entrepreneurship (https://capitalatlas.ai/funds/society-for-innovation-and-entrepreneurship) — Seed
- Social Alpha (https://capitalatlas.ai/funds/social-alpha) — Seed
- Lavni Ventures (https://capitalatlas.ai/funds/lavni-ventures) — Seed
- RiSo Capital (https://capitalatlas.ai/funds/riso-capital) — Seed
