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Nesa Medtech - About the company

Nesa Medtech is a seed company based in Bengaluru (India), founded in 2016 by Kothamachu Sreekar and Budugunte Sathyanarayana Shushrutha. It operates as a Developer of medical devices for the treatment of symptomatic uterine fibroids. Nesa Medtech has raised $1.61M in funding from investors like C-CAMP, Malpani Ventures and KITVEN, with a current valuation of $*****. The company has 5 active competitors, including 1 that is funded. Its top competitors include companies like Mirabilis Medica, Gynir and Sonatatreatment.

Company Details

Developer of medical devices for the treatment of symptomatic uterine fibroids. The company is developing minimally invasive precise guidance and planning system to deliver treatment to shrink uterine fibroids leading to symptomatic relief.
Social
X
Email ID
*****@nesamedtech.com
Phone Number
+91 **********
Registered Address
NO.15,SIRI NILAYAM, 33 MAIN, 7TH BLOCK,BHAVANI COLONY,BANASHANKARI 3RD STAGE, Bangalore, BANGALORE, Karnataka, India, 560085
Key Metrics
Founded Year
2016
Location
Bengaluru, India
Stage
Seed
Total Funding
$1.61M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 05, 2023
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
50 as on Apr 30, 2025
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Nesa Medtech's funding and investors

Nesa Medtech has raised a total funding of $1.61M over 5 rounds. Its first funding round was on May 09, 2017. Its latest funding round was a Seed round on Aug 29, 2023 for $*****. 7 investors participated in its latest round. Nesa Medtech has 7 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Nesa Medtech:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 29, 2023
6470606
Seed
5923258
3719792
4601027
1462669
May 09, 2022
2764884
Seed
6225773
3315932
7687761
Jun 06, 2020
8685869
Seed
9567361
5536259
6609131
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Nesa Medtech's founders and board of directors

Founder? Claim Profile
The founders of Nesa Medtech are Kothamachu Sreekar and Budugunte Sathyanarayana Shushrutha. Kothamachu Sreekar is the CEO of Nesa Medtech.
Here are the details of Nesa Medtech's key team members:

Nesa Medtech's Board of Directors

Nesa Medtech's board has 2 active members. Kothamachu Sreekar and Budugunte Sathyanarayana Shushrutha are part of team.
Here is the list of Nesa Medtech's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 0m
Team
-
Current
10y 0m

Nesa Medtech's employee count trend

Nesa Medtech has 50 employees as of Apr 25. The total employee count is 138.0% more than what it was in Apr 24. Here is Nesa Medtech's employee count trend over the years:
Employee count trend for Nesa Medtech
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Nesa Medtech's Competitors and alternates

Top competitors of Nesa Medtech include Mirabilis Medica, Gynir and Sonatatreatment. Here is the list of Top 10 competitors of Nesa Medtech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Nesa Medtech
Nesa Medtech
2016, Bengaluru (India), Seed
Developer of medical devices for the treatment of symptomatic uterine fibroids
$1.61M
48/100
2nd
Logo for Mirabilis Medica
Mirabilis Medica
2004, Bothell (United States), Deadpooled
Developer of medical devices for the treatment of uterine fibroids
$28.7M
35/100
3rd
Provider of uterine fibroid embolization, a non-surgical treatment option
-
-
16/100
4th
Provider of minimally invasive treatment for symptomatic uterine fibroids
-
-
16/100
5th
Developer of a system for the treatment of uterine fibroids
-
-
16/100
6th
Provider of focused ultrasound therapy for uterine fibroids and other conditions
-
-
16/100
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Nesa Medtech's Latest cap tables and shareholding

Founders (largest shareholder) own 63.73%, Funds own 12.11%, Angels own 11.92% and ESOP Pool own 12.24%. The net worth of Nesa Medtech's founders is INR 50.3Cr as of Oct 05, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
63.73%
50.3Cr
1311163
8489929
7194595
5009550
4362731
5664424
4044520
9534567
8392486
3819027
8988165
3505664
4092687
8457640
2054810
3699758
Fund
12.11%
9.57Cr
3485155
4684561
5779869
7120132
82397
60693
57747
46640
14818
88589
77874
39940
71342
38564
36371
97376
Angel
11.92%
9.42Cr
4842872
4547878
1742915
7941014
ESOP Pool
12.24%
9.67Cr
1739907
5364219
7599952
6863676
Total
100.00%
79Cr
9642763
2379574
4420719
9223185
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Nesa Medtech's Shareholding

Nesa Medtech's Investments and acquisitions

Nesa Medtech has made no investments or acquisitions yet.

Reports related to Nesa Medtech

Here is the latest report on Nesa Medtech's sector:

News related to Nesa Medtech

•
•
Nesa Medtech's Fibroid Mapping Reviewer Application Gains FDA NodMedical Product Outsourcing•Jul 24, 2023•Nesa Medtech
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