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.
- Website
- www.nesamedtech.com/
- 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
Ranked
1st among 5 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
50 as on Apr 30, 2025
Similar Companies
Legal entities associated with Nesa Medtech
Nesa Medtech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NESA MEDTECH PRIVATE LIMITED CIN: U73100KA2016PTC096437 , India, Active | Sep 14, 2016 | 0 - ₹10 Cr (As on Mar 31, 2025) | 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:
Filter 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 |
View details of Nesa Medtech's funding rounds and investors
Nesa Medtech's founders and board of directors
Founder? Claim ProfileThe 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:
- Kothamachu Sreekar: Founder & CEO of Nesa Medtech. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Budugunte Sathyanarayana Shushrutha: Co-Founder of Nesa Medtech. They serve on the board of 1 company.Contact Info: 1 phone number
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 |
View details of Nesa Medtech's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Nesa Medtech 2016, Bengaluru (India), Seed | Developer of medical devices for the treatment of symptomatic uterine fibroids | $1.61M | 48/100 | |
2nd | Mirabilis Medica 2004, Bothell (United States), Deadpooled | Developer of medical devices for the treatment of uterine fibroids | $28.7M | 35/100 | |
3rd | Gynir United States, Unfunded | Provider of uterine fibroid embolization, a non-surgical treatment option | - | - | 16/100 |
4th | ![]() Sonatatreatment United Kingdom, Unfunded | Provider of minimally invasive treatment for symptomatic uterine fibroids | - | - | 16/100 |
5th | ![]() Sonatabehandlung Germany, Unfunded | Developer of a system for the treatment of uterine fibroids | - | - | 16/100 |
6th | ![]() Xn--Gebrmuttermyome-2Kb Germany, Unfunded | Provider of focused ultrasound therapy for uterine fibroids and other conditions | - | - | 16/100 |
Looking for more details on Nesa Medtech's competitors? Click here to see the top ones
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 receives CDSCO Manufacturing License, Marking a Milestone in Next Generation Uterine Fibroid TreatmentAsian News International•Jul 25, 2024•Nesa Medtech
•
Nesa Medtech appoints Padma Shri Awardee Dr Manjula Anagani as its Scientific Advisory ChairAsian News International•Jan 04, 2024•Nesa Medtech
•
Nesa Medtech raises an undisclosed amount in Pre-Series A funding roundMedTech Innovator•Oct 31, 2023•Nesa Medtech, KITVEN, SucSEED Indovation, Malpani Ventures
•
Nesa Medtech’s Fibroid Mapping Reviewer Application Gains FDA ApprovalFemtech Insider•Aug 02, 2023•Nesa Medtech
•
Nesa Medtech bags US FDA clearance for fibroid mapping reviewer applicationIndiaMedToday•Jul 25, 2023•Nesa Medtech
•
Nesa Medtech's Fibroid Mapping Reviewer Application Gains FDA NodMedical Product Outsourcing•Jul 24, 2023•Nesa Medtech
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