When was Niramai founded?

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

Where is Niramai located?

Niramai is headquartered in Bengaluru, India. It is registered at Flat A7-506, Elita Promenade J P Nagar 7th Phase, Bangalore, Bangalore, Karnataka, India, 560078.

Who is the current CEO of Niramai?

Geetha Manjunath of Niramai. They have also founded 1 company.

Which legal entities is Niramai associated with?

Niramai is associated with NIRAMAI HEALTH ANALYTIX PRIVATE LIMITED and 1 other.

How many employees does Niramai have?

As of Sep 30, 2026, the latest employee count at Niramai is 70.

Is Niramai a funded company?

Niramai is a funded company, having raised a total of $8.63M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 30, 2017.

How much is Niramai worth?

The latest valuation of Niramai is $***** as of Apr 23, 2024.

When was the latest funding round of Niramai?

Niramai's latest funding was a $***** Series A round on Oct 21, 2023, with participation from 4 investors.

What is the annual revenue of Niramai?

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

Where does Niramai rank among its competitors?

Niramai ranks 2nd amongst 19 active competitors, of which 5 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was ScreenPoint, which secured $14M in Apr, 2026.

Who are the top competitors of Niramai?

Niramai's top competitors include ScreenPoint, b-rayZ and Huna. Among them, ScreenPoint secured the most recent funding round in April, 2026.

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

Niramai is a series A company based in Bengaluru (India), founded in 2016 by Geetha Manjunath and Nidhi Mathur. It operates as an AI-powered thermal imaging platform for radiation-free breast cancer screening. Niramai has raised $8.63M in funding from investors like pi Ventures, Ankur Capital and 500 Global, with a current valuation of $*****. The company has 19 active competitors, including 5 that are funded. Its top competitors include companies like ScreenPoint, b-rayZ and Huna.

Company Details

AI-powered thermal imaging platform for radiation-free breast cancer screening. It provides Thermalytix that uses a high-resolution thermal sensor to capture thermal images of the breast, then applies big data analytics, AI, and machine learning to detect abnormalities. The cloud-hosted SaaS solution is suitable for both urban hospitals and rural clinics.

Website: niramai.com
Social
Email ID: *****@niramai.com
Phone Number: +91 **********
Registered Address: Flat A7-506, Elita Promenade J P Nagar 7th Phase, Bangalore, Bangalore, Karnataka, India, 560078

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Series A

Total Funding

$8.63M in 9 rounds

Latest Funding Round

Series A, Oct 21, 2023, $*****

Post Money Valuation

$***** as on Apr 23, 2024

Investors

pi Ventures & 27 more

Ranked

2^nd among 19 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

70 as on Sep 30, 2026

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View Niramai's full profile

Niramai is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Niramai Health Analytix UK Ltd CIN: 13877488 , United Kingdom, Active	Jan 27, 2022	-	-
NIRAMAI HEALTH ANALYTIX PRIVATE LIMITED CIN: U72200KA2016PTC095020 , India, Active	Jul 14, 2016	₹10 - ₹50 Cr (As on Mar 31, 2025)	33 (As on May 01, 2026)

Niramai has raised a total funding of $8.63M over 9 rounds. Its first funding round was on Mar 30, 2017. Its latest funding round was a Series A round on Oct 21, 2023 for $*****. 4 investors participated in its latest round. Niramai has 23 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Niramai:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 21, 2023	6661977	Series A	4721837	2320885	7314137	1806078
Jun 29, 2021	9434361	Grant (prize money)	7913592	4236236	5983199	British International Investment
Oct 06, 2020	4059112	Grant (prize money)	9728793	5206670	7321712	Department for Promotion of Industry and Internal Trade

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View details of Niramai's funding rounds and investors

The founders of Niramai are Geetha Manjunath and Nidhi Mathur. Geetha Manjunath is the CEO of Niramai.

Here are the details of Niramai's key team members:

Geetha Manjunath: Co-Founder & CEO & CTO of Niramai. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Nidhi Mathur: Former Co-Founder of Niramai. They serve on the board of 1 company.
Contact Info: 1 email address

Niramai's Board of Directors

Niramai's board has 3 active members. Manish Singhal, Geetha Manjunath and Munehiko Eto are part of team.

Here is the list of Niramai's board of directors:

Name	Type	Representing	Status	Duration
Geetha Manjunath	Team	-	Current	10y 2m
p{rajis	Team	-	Past	6y 4m
Manish Singhal	Investor	pi Ventures	Current	7y 7m
Munehiko Eto	Investor	Dream Incubator	Current	7y 6m

View details of Niramai's Founder profiles and Board Members

Niramai's employee count trend

Niramai has 70 employees as of Sep 26. Here is Niramai's employee count trend over the years:

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Top competitors of Niramai include ScreenPoint, b-rayZ and Huna. Here is the list of Top 10 competitors of Niramai, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	ScreenPoint 2014, Nijmegen (Netherlands), Series C	Developer of artificial intelligence software for analyzing breast imaging mammograms	$47M	Siemens, Insight Partners & 3 others	64/100
2nd	Niramai 2016, Bengaluru (India), Series A	AI-powered thermal imaging platform for radiation-free breast cancer screening	$8.63M	Philips HealthWorks, Pratithi Investments ... & 26 others	60/100
3rd	b-rayZ 2019, Zurich (Switzerland), Series A	AI-powered mammography device for breast imaging	$4.11M	LifeCare Partners, Convergence Partners & 3 others	38/100
4th	Huna 2021, Rio de Janeiro (Brazil), Seed	Developer of AI-based breast cancer diagnostics solutions	$2.5M	Kortex Ventures, big_bets & 3 others	36/100
5th	Startup By University of Cambridge Alumni 2022, New York City (United States), Unfunded	AI-powered platform to generate cancer biomarker profiles	-	-	30/100
6th	Feminai 2022, Ramat Gan (Israel), Funding Raised	Developer of AI-based breast cancer detection solution	-	ICI Fund	25/100
7th	NOVU 2020, Ilmenau (Germany), Unfunded	AI-based breast cancer detection tool for radiologists	-	-	24/100
8th	BreathLabs 2015, Guadalajara (Mexico), Unfunded	Digital platform focused on early disease detection through breath analysis	-	-	24/100
9th	W.AI Seoul (South Korea), Unfunded	Provider of an AI-powered breast Implant diagnostic tool	-	-	24/100
10th	Thermaiscan 2019, Stockholm (Sweden), Funding Raised	AI-based breast cancer diagnosis and detection software for providers	-	BAJ Accelerator	24/100

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Founders own 28.61%, Funds (largest shareholder) own 35.91%, Enterprises own 6.13% and Angels own 1.68%. The net worth of Niramai's founders is INR 57.4Cr as of Apr 23, 2024. The cap table displayed below is for NIRAMAI HEALTH ANALYTIX PRIVATE LIMITED which is the legal entity associated with Niramai.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	28.61%	57.4Cr	7360011	7434943	8314934	9250409
Geetha Manjunath	4086250	8967759	8679006	8572956	2491442	8232562
Fund	35.91%	45.4Cr	8838380	4708805	6774363	6108512
pi Ventures	5464155	5719358	8173577	4894220	5690936	8963918
Axilor Ventures	1	8	5	1	4	1
Enterprise	6.13%	12.3Cr	176868	208568	209655	474783
Angel	1.68%	3.36Cr	5	2	8	7
Other People	8.52%	17.1Cr	7407419	4023281	6207569	3981441
ESOP Pool	18.16%	36.4Cr	4297705	9437661	7830905	8213931
Total	99.01%	172Cr	5694410	7533153	6744451	3178777