NeoMotion - About the company
NeoMotion is a seed company based in Chennai (India), founded in 2016 by Vivek Sarda, Swostik Sourav Dash, Siddarth Daga, Ashish Mohan Sharma and Sujatha Srinivasan. It operates as a Manufacturer of personalized wheelchairs and assistive mobility solutions. NeoMotion has raised an undisclosed amount in funding. The company has 11 active competitors, including 1 that is funded. Its top competitors include companies like mo-vis, Rio Mobility and Freedom Trax.
Company Details
Manufacturer of personalized wheelchairs and assistive mobility solutions. The company creates life transformative products designed for the physically challenged and the elderly. Its offerings include customized wheelchairs that focus on health, energy efficiency, compactness, and style. Additionally, the company provides electric attachments that convert manual wheelchairs into motorized vehicles to enable independent travel and mobility. These solutions are engineered to support daily activities and improve accessibility for users.
- Website
- www.neomotion.in/
- Email ID
- *****@neomotion.co.in
- Phone Number
- +91 **********
- Registered Address
- C/O IITM Incubation Cell, 03 A2 Third Floor, IIT Madras Research Park,Kanagam Road, T, aramani, Chennai, Chennai, Tamil Nadu, India, 600113
Key Metrics
Founded Year
2016
Location
Chennai, India
Stage
Seed
Latest Funding Round
Ranked
1st among 11 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
78 as on May 31, 2026
Legal entities associated with NeoMotion
NeoMotion is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEOMOTION ASSISTIVE SOLUTIONS PRIVATE LIMITED CIN: U74999TN2016PTC110596 , India, Active | May 26, 2016 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 78 (As on May 01, 2026) |
Sign up to download NeoMotion's company profile
NeoMotion's funding and investors
NeoMotion has raised funding over 4 rounds. Its latest funding round was a Grant (prize money) round on Mar 23, 2023 for $*****. 1 investor participated in its latest round. NeoMotion has 6 institutional investors.
Here is the list of recent funding rounds of NeoMotion:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 23, 2023 | 1608453 | Grant (prize money) | 5293807 | 7592304 | 1690441 | 7390486 |
Feb 2021 | 6645518 | Grant (prize money) | 3644427 | 6249883 | 2838590 | |
2017 | 7573 | Seed | 7932 | 9536 | 8532 |
View details of NeoMotion's funding rounds and investors
NeoMotion's founders and board of directors
Founder? Claim ProfileThe founders of NeoMotion are Vivek Sarda, Swostik Sourav Dash, Siddarth Daga, Ashish Mohan Sharma and Sujatha Srinivasan. Swostik Sourav Dash is the CEO of NeoMotion.
Here are the details of NeoMotion's key team members:
- Vivek Sarda: Former Co-Founder of NeoMotion. They serve on the board of 1 company.
- Swostik Sourav Dash: Co-Founder & CEO of NeoMotion. They serve on the board of 1 company.
- Siddarth Daga: Co-Founder of NeoMotion.
- Ashish Mohan Sharma: Co-Founder of NeoMotion.
- Sujatha Srinivasan: Co-Founder of NeoMotion.
NeoMotion's Board of Directors
NeoMotion's board has 1 active member. Swostik Sourav Dash is part of team.Here is the list of NeoMotion's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 10y 4m | |
sptnhvn | Team | - | Past | 1y 9m |
View details of NeoMotion's Founder profiles and Board Members
NeoMotion's employee count trend
NeoMotion has 78 employees as of May 26. The total employee count is 10.0% more than what it was in May 25. Here is NeoMotion's employee count trend over the years:
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
NeoMotion's Competitors and alternates
Top competitors of NeoMotion include mo-vis, Rio Mobility and Freedom Trax. Here is the list of Top 10 competitors of NeoMotion, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of personalized wheelchairs and assistive mobility solutions | - | 58/100 | ||
2nd | Developer of special controls and accessories for electric wheelchairs | - | - | 27/100 | |
3rd | Rio Mobility 2002, Berkeley (United States), Unfunded | Manufacturer of wheelchair attachments designed to enhance mobility and outdoor access | - | - | 25/100 |
4th | Freedom Trax 2014, Waukegan (United States), Unfunded | Off-road wheelchair attachment empowering freedom and accessibility for all | - | - | 22/100 |
5th | Provider of electrically powered hand bikes for urban mobility | - | - | 22/100 | |
6th | Ezercon Medtech 2022, Thane (India), Funding Raised | Provider of patient transfer devices for specially abled individuals | - | 19/100 | |
7th | Manufacturer of electric attachments that convert conventional wheelchairs into electric ones | - | - | 16/100 | |
8th | ![]() Rehasensepaws Germany, Unfunded | Manufacturer of electric power add-on devices designed for manual wheelchairs | - | - | 16/100 |
9th | ![]() Power Assist 2010, Boston (United States), Funding Raised | Developer of a power assist device for hospital caregiver use | - | - | 16/100 |
10th | Team Hybrid United Kingdom, Unfunded | Manufacturer of clip-on handcycle attachments for manual and powered wheelchairs | - | - | 16/100 |
Looking for more details on NeoMotion's competitors? Click here to see the top ones
NeoMotion's Investments and acquisitions
NeoMotion has made no investments or acquisitions yet.
Reports related to NeoMotion
Here is the latest report on NeoMotion's sector:
News related to NeoMotion
Media has covered NeoMotion for 1 event in last 1 year, It was about partnerships.
•
Buzz Mobis India Foundations Signs MoU With NeoMotionElectronicsforyou•Mar 25, 2026•Hyundai Mobis, NeoMotion
•
Mobis Partners With Neomotion To Provide Custom-made WheelchairsDeccan Herald•Dec 14, 2022•Hyundai Mobis, NeoMotion
Are you a Founder ?
FAQs about NeoMotion
Explore our recently published companies
- Bobsyeruncle - 1999 founded, Unfunded company
- Judyannejackson - Unfunded company
- Flyhii - Hyderabad based, 2022 founded, Unfunded company
- Philonet - Bengaluru based, 2024 founded, Unfunded company
- Swasth Technologies - Bengaluru based, 2018 founded, Unfunded company
- Pallix - Pune based, 2026 founded, Unfunded company
