When was NeoMotion founded?

NeoMotion was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is NeoMotion located?

NeoMotion is headquartered in Chennai, India. It is registered at C/O IITM Incubation Cell, 03 A2 Third Floor, IIT Madras Research Park,Kanagam Road, T, aramani, Chennai, Chennai, Tamil Nadu, India, 600113.

Who is the current CEO of NeoMotion?

Swostik Sourav Dash of NeoMotion.

Which legal entities is NeoMotion associated with?

NeoMotion is associated with NEOMOTION ASSISTIVE SOLUTIONS PRIVATE LIMITED.

How many employees does NeoMotion have?

As of Aug 31, 2025, NeoMotion has 76 employees, reflecting a 32% year-over-year growth in headcount.

Is NeoMotion a funded company?

NeoMotion is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2017.

When was the latest funding round of NeoMotion?

NeoMotion's latest funding was a $***** Grant (prize money) round on Feb 2021, with participation from 1 investor. Its primary sector is Assistive Tech. Globally, the Assistive Tech sector has seen $198M in funding in 2026 to date.

What is the annual revenue of NeoMotion?

Annual revenue of NeoMotion is between ₹10 Cr and ₹50 Cr as on Mar 31, 2025

Where does NeoMotion rank among its competitors?

NeoMotion ranks 1st amongst 139 active competitors, of which 8 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was ATDev, which secured $3M in Oct, 2025.

Who are the top competitors of NeoMotion?

NeoMotion's top competitors include ATDev, Karma Healthcare and Alber. Among them, ATDev secured the most recent funding round in October, 2025.

NeoMotion - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of devices for the physically challenged and the elderly. It offers a range of assistive products, including wheelchairs and electric scooters for individuals with mobility impairments such as NeoBolt and NeoFly which is a a personalized wheelchair to navigate terrains for individuals with mobility disabilities.

Website: www.neomotion.in/
Social
Email ID: *****@neomotion.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

Grant (prize money), Feb 2021, $*****

Investors

RTBI & 2 more

Ranked

1^st among 139 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

76 as on Aug 31, 2025

Similar Companies

ATDev & 139 more

View NeoMotion's full profile

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)

NeoMotion has raised funding over 2 rounds. Its first funding round was on 2017. Its latest funding round was a Grant (prize money) round on Feb 2021 for $*****. 1 investor participated in its latest round. NeoMotion has 3 institutional investors.

Here is the list of recent funding rounds of NeoMotion:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 2021	8704922	Grant (prize money)	5615544	2041574	6374858	8676180
2017	7863	Seed	2060	9826	1435	RTBI

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View details of NeoMotion's funding rounds and investors

The 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
Swostik Sourav Dash	Team	-	Current	10y 2m
uizuqn{	Team	-	Past	5y 8m

View details of NeoMotion's Founder profiles and Board Members

NeoMotion's employee count trend

NeoMotion has 76 employees as of Aug 25. The total employee count is 31.0% more than what it was in Aug 24. Here is NeoMotion's employee count trend over the years:

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Top competitors of NeoMotion include ATDev, Karma Healthcare and Alber. Here is the list of Top 10 competitors of NeoMotion, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	NeoMotion 2016, Chennai (India), Seed	Provider of devices for the physically challenged and the elderly	-	RTBI, StartupTN & 1 others	58/100
2nd	ATDev 2020, Los Angeles (United States), Seed	Developer of mobility devices to assist disabled persons	$3M	UpHonest Capital, Berkeley SkyDeck & 3 others	48/100
3rd	Karma Healthcare 2007, Kolkata (India), Seed	Manufacturer of mobility devices including manual wheelchairs power chairs scooters	$5.2M	ecowheels.ro, Ankur Capital & 14 others	39/100
4th	Alber 1986, Stuttgart (Germany), Unfunded	Manufacturer of electric mobility aids	-	-	39/100
5th	Biomotum 2019, Flagstaff (United States), Seed	Provides robotic assistive devices for children and adults with movement disorders	$660K	MassChallenge, Santa Clara Ventures & 2 others	36/100
6th	Halton Stairlifts Widnes (United Kingdom), Public	Provider of new, reconditioned, rental, straight, and curved stairlift solutions	-	-	36/100
7th	Arquella 2018, United Kingdom, Series A	Provider of smart device & app-based solutions for elderly care	$1.47M	Northern Powerhouse Investment Fund, Mercia ... & 2 others	32/100
8th	Pride Mobility 1986, Scranton (United States), Unfunded	Manufacturer of power wheelchairs, mobility scooters, and lift chairs	-	-	32/100
9th	Smoov Albstadt (Germany), Unfunded	Manufacturer of electric mobility devices and power add-ons for wheelchairs	-	-	32/100
10th	Q'STRAINT 1984, Oakland Park (United States), Acquired	Manufacturer of securement systems for wheelchairs inside transit transport vehicles	-	-	29/100