Voxelgrids Innovations Pvt. Ltd.

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Voxelgrids Innovations Pvt. Ltd. - overview

Established

2016

Location

Bangalore, Karnataka, India

Primary Industry

Medical Devices & Equipment

About

Based in Karnataka, India, and founded by Arjun Arunachalam (CEO) in 2016, Voxelgrids Innovations Pvt. Ltd. , is a medical equipment and devices company that operates as a developer of Magnetic Resonance Imaging (MRI) scanners. In September 2021, the firm raised USD 5 million in venture funding led by investor Zoho Corporation.


The company engages in the development and manufacturing of lightweight, mobile, and easy-to-install MRI scanners. The company’s MRI scanners, which fosters the development of deep technological capabilities and intellectual property (IP) in the country, can be operated and maintained in remote locations, such as small villages. The equipment is based on custom cryogenics and innovative electronic design and also includes a software package for imaging purposes. The firm intends to use its September 2021 funding to develop its deeptech capabilities and intellectual property.


Voxelgrids also plans to open multiple full-fledged clinical sites by the end of the 2021-22 financial year.


Current Investors

Zoho Corporation Pvt Ltd.

Primary Industry

Medical Devices & Equipment

Sub Industries

Diagnostic Equipment

Website

www.voxelgrids.com

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Voxelgrids Innovations Pvt. Ltd. - financials

Fiscal Year EndedMar 31, 2019Mar 31, 2020Mar 31, 2021Mar 31, 2022Mar 31, 2023
Revenue (USD)-----
% Revenue Growth (YoY)-----
EBITDA (USD)(33,682,257)(8,132,085)---
Operating Income (USD)(33,866,951)(10,642,775)---
Operating Margin-----
% EBITDA Margin-----
NET Income (USD)(24,252,564)(7,727,582)---
% Net Margin-----

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