When was Prognosys Medical Systems founded?

Prognosys Medical Systems was founded in 2003 and raised its 1st funding round 7 years after it was founded.

Where is Prognosys Medical Systems located?

Prognosys Medical Systems is headquartered in Bengaluru, India. It is registered at No.249, Ground Floor, Front Building 4th Main Road, Chamrajpet, Bangalore, Bangalore, Karnataka, India, 560018.

Which legal entities is Prognosys Medical Systems associated with?

Prognosys Medical Systems is associated with PROGNOSYS MEDICAL SYSTEMS PRIVATE LIMITED.

How many employees does Prognosys Medical Systems have?

As of Oct 31, 2026, the latest employee count at Prognosys Medical Systems is 106.

Is Prognosys Medical Systems a funded company?

Prognosys Medical Systems is a funded company, having raised a total of $2.86M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 06, 2010.

How much is Prognosys Medical Systems worth?

The last known valuation of Prognosys Medical Systems was $***** as of Feb 03, 2017.

When was the latest funding round of Prognosys Medical Systems?

Prognosys Medical Systems' latest funding was a $***** Seed round on Feb 03, 2017, with participation from 6 investors. Its primary sector is Imaging Diagnostics. Globally, the Imaging Diagnostics sector has seen $202M in funding in 2026 to date.

What is the annual revenue of Prognosys Medical Systems?

Annual revenue of Prognosys Medical Systems is between ₹100 Cr and ₹500 Cr as on Mar 31, 2026

Where does Prognosys Medical Systems rank among its competitors?

Prognosys Medical Systems ranks 5th amongst 140 active competitors, of which 14 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was OXOS Medical, which secured $10.7M in Dec, 2025.

Who are the top competitors of Prognosys Medical Systems?

Prognosys Medical Systems' top competitors include Adaptix, Carestream and OXOS Medical. Among them, OXOS Medical secured the most recent funding round in December, 2025.

Prognosys Medical Systems - 2026 Company Profile, Team, Funding, Competitors & Financials

Prognosys Medical Systems is an acquired company based in Bengaluru (India), founded in 2003 by Sunil Monga and M S Keshava. It operates as a Manufacturer of medical technology for radiology and imaging. Prognosys Medical Systems has raised $2.86M in funding from Somerset Indus Capital Partners and Chayagraphics Healthcare, with last known valuation of $*****. The company has 140 active competitors, including 14 funded and 23 that have exited. Its top competitors include companies like Adaptix, Carestream and OXOS Medical.

Company Details

Prognosys Medical Systems is a designer and manufacturer of high-end medical device technologies for applications in the fields of radiology and imaging solutions. It's business operations range from High-frequency X-ray, Digital Radiography System, C-Arm, Tele-Radiology, Telemedicine, Home health, and M-health Solutions and accessories like Automatic Film Processors.

Website: prognosysmedical.com
Email ID: *****@prognosysmedical.com
Phone Number: +91 **********
Registered Address: No.249, Ground Floor, Front Building 4th Main Road, Chamrajpet, Bangalore, Bangalore, Karnataka, India, 560018

Key Metrics

Founded Year

2003

Location

Bengaluru, India

Stage

Acquired

Total Funding

$2.86M in 4 rounds

Latest Funding Round

Seed, Feb 03, 2017, $*****

Last Known Valuation

$***** as on Feb 03, 2017

Investors

Somerset Indus Capital Partners & 9 more

Ranked

5^th among 140 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2026

Employee Count

106 as on Oct 31, 2026

Similar Companies

Adaptix & 163 more

Exit Details

Acquired by Molbio Diagnostics (Feb 20, 2023)

View Prognosys Medical Systems' full profile

Prognosys Medical Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PROGNOSYS MEDICAL SYSTEMS PRIVATE LIMITED CIN: U72900KA2003PTC032831 , India, Active	Nov 07, 2003	₹100 - ₹500 Cr (As on Mar 31, 2026)	160 (As on Aug 01, 2025)

Prognosys Medical Systems got acquired by Molbio Diagnostics on Feb 20, 2023.

Click here to take a look at Prognosys Medical Systems's acquisition in detail

Prognosys Medical Systems has raised a total funding of $2.86M over 4 rounds. Its first funding round was on Aug 06, 2010. Its latest funding round was a Seed round on Feb 03, 2017 for $*****. 6 investors participated in its latest round. Prognosys Medical Systems has 4 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Prognosys Medical Systems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 03, 2017	9079724	Seed	3838297	6499180	5361073	2987128
Mar 14, 2014	5030015	Seed	5897424	6874832	7770153	Mayur Sirdesai
Dec 15, 2011	6318095	Grant (prize money)	7676168	4374223	4362527	HHS

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View details of Prognosys Medical Systems's funding rounds and investors

The founders of Prognosys Medical Systems are Sunil Monga and M S Keshava.

Here are the details of Prognosys Medical Systems' key team members:

Sunil Monga: Co-Founder of Prognosys Medical Systems. They are also an angel investor in 1 startup and serve on the board of 1 company.
M S Keshava: Co-Founder & Director of Prognosys Medical Systems. They serve on the board of 1 company.

Prognosys Medical Systems' Board of Directors

Prognosys Medical Systems's board has 6 active members. Sunil Monga, Krishna Prasad Vajapeyam and Prahalad Ashok are part of team and Mayur Sirdesai, Natarajan Sriram and Mysore Sampathkumar Keshava are independent board members.

Here is the list of Prognosys Medical Systems' board of directors:

Name	Type	Representing	Status	Duration
Krishna Prasad Vajapeyam	Team	-	Current	23y 0m
ixvcupv	Team	-	Past	3y 4m
v{ieapx	Team	-	Past	1y 2m
st{duhi	Team	-	Current	7y 9m
Mayur Sirdesai	Independent board member	-	Current	12y 8m
xujgcvd	Independent board member	-	Current	3y 3m
jzbnobj	Independent board member	-	Past	2y 4m

View details of Prognosys Medical Systems's Founder profiles and Board Members

Prognosys Medical Systems' employee count trend

Prognosys Medical Systems has 106 employees as of Oct 26. Here is Prognosys Medical Systems's employee count trend over the years:

Employee count trend for Prognosys Medical Systems

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Top competitors of Prognosys Medical Systems include Adaptix, Carestream and OXOS Medical. Here is the list of Top 10 competitors of Prognosys Medical Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Adaptix 2000, Oxford (United Kingdom), Acquired	Provider of radiology product of planar X-ray for diagnostic imaging	$43.4M	Celesta Capital, Open Opportunity Fund & 9 others	65/100
2nd	Carestream 2007, New York City (United States), Acquired	Developer of diagnostic imaging and healthcare information technology systems for hospital use	-	Onex & 1 others	61/100
3rd	OXOS Medical 2001, Atlanta (United States), Series A	Developer of orthopedic imaging devices and software	$45M	Parkway VC, Intel Capital & 3 others	59/100
4th	iRay Technology 2011, Shanghai (China), Funding Raised	Manufacturer of flat panel X-ray detectors	-	HongShan, Spinnotec & 6 others	51/100
5th	Prognosys Medical Systems 2003, Bengaluru (India), Acquired	Manufacturer of medical technology for radiology and imaging	$2.86M	Somerset Indus Capital Partners, HHS & 8 others	50/100
6th	Oehm and Rehbein 1991, Rostock (Germany), Acquired	Digital X-ray systems for hospitals, clinics, and medical practices	-	UCA Aktiengesellsch	47/100
7th	Lumitron Technologies 2018, Irvine (United States), Series C	Developer of see-through imaging systems for application in the medical industry	$34M	Vickers Venture Partners, Greyrock Investments ... & 5 others	46/100
8th	KA Imaging 2015, Kitchener (Canada), Seed	Developer of X-ray imaging technologies and systems	$1M	In-Q-Tel, Lauder Partners & 4 others	45/100
9th	Arcoma - IMIX 2010, Vaxjo (Sweden), Funding Raised	Solutions for digital radiography	-	Sunstone, Linc & 2 others	44/100
10th	QDI systems 2018, Groningen (Netherlands), Series A	Developer of X-ray imaging diagnostic devices for medical applications	$4.66M	Maki, Carduso Capital & 4 others	43/100

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PROGNOSYS MEDICAL SYSTEMS PRIVATE LIMITED, the legal entity associated with Prognosys Medical Systems, generated between ₹100 Cr and ₹500 Cr in revenue for the financial year ending on Mar 31, 2026. The revenue of PROGNOSYS MEDICAL SYSTEMS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 114% in the last 1 year.

Financial Statement Summary

Metrics	FY 2025-26	FY 2024-25	FY 2023-24	FY 2022-23	FY 2021-22
Income Statement
Revenue	7240	5352	7257	9538	1066
Total Sales	6653	5548	3893	5707	7656
Total Expenses	7106	3585	5448	9453	3618
Operating Expenses	7359	3928	6732	9076	2878
Employee Expenses	5865	1804	5582	8268	2375
Marketing Expenses	5965	4283	7232	4789	7704
Operating Income (EBIT)	8237	2743	2657	4843	4370
Interest Expenses	8615	5786	7924	7452	2688
Expenses from other activities	7051	1989	2621	7763	6977
EBITDA	9107	5357	8667	3741	6927
Taxes	7622	9157	8970	1041	3779
Net Profit	9230	9948	4097	8266	7841
Balance Sheet
Assets	5544	3713	5291	3650	2759
Cash Equivalent	4144	6093	7004	7997	8430
Accounts Receivables	1140	5016	4316	2101	2073
Inventory	6600	3907	6590	5796	9050
Liabilities	5109	5905	7090	1797	7908
Total Debt	2643	2731	5602	4992	7901
Accounts Payable	1555	2840	7722	7242	7093
Equities	9045	1058	5514	1217	7130
Cashflow Statement
Cash from Operating activities	7440	2976	9970	5536	1105
Cash from Investing activities	1754	5825	7063	6078	4448
Net cash from Financing activities	3478	2774	6245	2105	3290

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

Founders own 5.98%, Funds own 34.10%, Parent Entities (largest shareholder) own 39.31% and Enterprises own 18.04%. The net worth of Prognosys Medical Systems's founders is INR 4.87Cr as of Feb 03, 2017. The cap table displayed below is for PROGNOSYS MEDICAL SYSTEMS PRIVATE LIMITED which is the legal entity associated with Prognosys Medical Systems.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	5.98%	4.87Cr	83194	72645	67118	93179
Sunil Monga	0	0	0	0	0	0
Fund	34.10%	27.8Cr	1490692	2734072	2738675	6170944
Somerset Indus Capital Partners	5937123	7208103	5861343	7992600	9851096	4499113
Parent Entity	39.31%	32Cr	5734518	8417289	5611395	6660995
Enterprise	18.04%	14.7Cr	9502672	9556471	3860586	3021389
Angel	0.13%	10.9L	0	0	0	0
Mayur Sirdesai	0	0	0	0	0	0
ESOP Pool	2.44%	1.98Cr	27	79	55	58
Total	100.00%	81.4Cr	7820719	8304170	1225150	1802717