When was Skanray founded?

Skanray was founded in 2007 and raised its 1st funding round 3 years after it was founded.

Where is Skanray located?

Skanray is headquartered in Mysuru, India. It is registered at Plot No 15-17 Hebbal Industrial Area, Mysore, Karnataka, India, 570016.

Which legal entities is Skanray associated with?

Skanray is associated with SKANRAY TECHNOLOGIES LIMITED and 2 others.

How many employees does Skanray have?

As of Sep 30, 2026, the latest employee count at Skanray is 785.

Is Skanray a funded company?

Skanray is a funded company, having raised a total of $36.7M across 7 funding rounds to date. The company's 1st funding round was a ₹***** Seed round, raised on May 26, 2010.

How much is Skanray worth?

The latest valuation of Skanray is $***** as of Mar 03, 2021.

When was the latest funding round of Skanray?

Skanray's latest funding was a $***** Series A round on Mar 03, 2021, with participation from 4 investors.

What is the annual revenue of Skanray?

Annual revenue of Skanray is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Skanray rank among its competitors?

Skanray ranks 42nd amongst 2508 active competitors, of which 93 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Biorad Medisys, which secured $47.9M in May, 2024.

Who are the top competitors of Skanray?

Skanray's top competitors include Boston Scientific, Abbott and Medtronic. Among them, Biorad Medisys secured the most recent funding round in May, 2024.

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

Company Details

R&D company focused on manufacturing diagnostic devices for multiple therapeutic areas. It offers a range of healthcare products including Diagnostic imaging devices, Patient monitoring solutions, Defibrillators and AEDs, Respiratory care equipment, Anaesthesia delivery systems, Diagnostic cardiology products, Electrosurgical instruments, Drug delivery systems, Drug delivery systems, and Veterinary care equipment.

Website: world.skanray.com/
Social
Email ID: *****@skanray.com
Phone Number: +91 **********
Registered Address: Plot No 15-17 Hebbal Industrial Area, Mysore, Karnataka, India, 570016

Key Metrics

Founded Year

2007

Location

Mysuru, India

Stage

Series A

Total Funding

$36.7M in 7 rounds

Latest Funding Round

Series A, Mar 03, 2021, $*****

Post Money Valuation

$***** as on Mar 03, 2021

Investors

Agnus & 61 more

Ranked

42^nd among 2508 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

785 as on Sep 30, 2026

Investment & Acquisitions

Cei - xray

Similar Companies

Boston Scientific & 2524 more

View Skanray's full profile

Skanray is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
FIRSTPOINT MEDTECH PRIVATE LIMITED CIN: U33309KA2016PTC094238 , India, Strike off	Jun 17, 2016	0 - ₹10 Cr (As on Mar 31, 2025)	32 (As on Feb 01, 2020)
SKANRAY HEALTHCARE GLOBAL PRIVATE LIMITED CIN: U85100KA2013PTC068496 , India, Active	Apr 09, 2013	0 - ₹10 Cr (As on Mar 31, 2025)	4 (As on Nov 30, 2021)
SKANRAY TECHNOLOGIES LIMITED CIN: U72200KA2007PTC041774 , India, Active	Feb 14, 2007	₹100 - ₹500 Cr (As on Mar 31, 2025)	572 (As on Apr 01, 2026)

Skanray has raised a total funding of $36.7M over 7 rounds. Its first funding round was on May 26, 2010. Its latest funding round was a Series A round on Mar 03, 2021 for $*****. 4 investors participated in its latest round. Skanray has 8 institutional investors and 54 angel investors.

Here is the list of recent funding rounds of Skanray:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 03, 2021	7832544	Series A	4892767	5855335	3913258	6701324
Feb 27, 2015	5939823	Series A	3674989	5380457	1364677	Ascent Capital & 8 more
Aug 29, 2013	5769627	Series A	3294556	3997798	Ascent Capital	K Balasubramanian & 8 more

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View details of Skanray's funding rounds and investors

The founders of Skanray are Vishwaprasad Alva and Vishwaprasad Alva.

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

Vishwaprasad Alva: Founder of Skanray. They are also an angel investor in 1 startup and serve on the board of 1 company.
Contact Info: 1 email address
Vishwaprasad Alva: Founder & Managing Director of Skanray.

Skanray's Board of Directors

Skanray's board has 2 active members. Vishwaprasad Alva and Balasubramanian Kandankumarath are part of team.

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

Name	Type	Representing	Status	Duration
Balasubramanian Kandankumarath	Team	-	Current	17y 10m
q{quble	Team	-	Past	1y 6m
tznvgwg	Team	-	Past	3y 5m
adbavjx	Investor	cyrqmue	Past	1y 4m
wcai{qc	Independent board member	-	Past	1y 8m
yapcvzl	Independent board member	-	Past	1y 8m
jyfnxai	Independent board member	-	Past	3y 4m
gidixjr	Independent board member	-	Past	9y 5m
oncsjzx	Independent board member	-	Past	2y 3m
whmzbxw	Independent board member	-	Past	9y 6m

View details of Skanray's Founder profiles and Board Members

Skanray's employee count trend

Skanray has 785 employees as of Sep 26. Here is Skanray's employee count trend over the years:

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Top competitors of Skanray include Boston Scientific, Abbott and Medtronic. Here is the list of Top 10 competitors of Skanray, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Boston Scientific 1979, Marlborough (United States), Public	Wide range of medical devices	-	JANA Partners, Endeavour Vision & 10 others	81/100
2nd	Abbott 1888, Libertyville (United States), Public	Developer of medical devices, generic pharmaceuticals, and nutrition products	-	MSN Laboratories, Digital Pharma Lab & 12 others	76/100
3rd	Medtronic 1949, Minneapolis (United States), Public	Manufacturer of medical devices and technologies for healthcare clinical applications	-	Greyrock Investments, Digital Pharma Lab ... & 26 others	74/100
4th	BD 1897, Franklin Lakes (United States), Public	Manufacturer and distributor of medical devices, diagnostic instruments, and laboratory equipment	-	Gershon Capital, Tekla Capital Management ... & 6 others	73/100
5th	Danaher 1969, Washington, DC (United States), Public	R&D company focused on manufacturing dental equipment for multiple therapeutic areas	-	Ventana Capital Management, Bank of America	69/100
6th	Trivitron 1997, Chennai (India), Series C	Provider of medical technology and devices for healthcare industry needs	$109M	Fidelity Investments, True North & 21 others	68/100
7th	HOYA 1941, Shinjuku (Japan), Public	Developer of a wide range of medical devices	-	-	66/100
8th	SAGE Therapeutics 1971, Boston (United States), Acquired	Developer of drug candidates for the treatment of rare CNS disorders	$106M	Foresite Capital, EcoR1 & 12 others	65/100
9th	Biorad Medisys 2007, Pune (India), Series A	Manufacturer of medical devices for orthopaedic, neurovascular, and endovascular procedures	$53.4M	InvAscent, BioMediCon & 5 others	64/100
10th	CONMED 1987, Utica (United States), Public	R&D company focused on manufacturing of surgical instruments for multiple therapeutic areas	-	Hudson River Capital Partners, J P Morgan Wealth Management ... & 2 others	64/100
42nd	Skanray 2007, Mysuru (India), Series A	R&D company focused on manufacturing diagnostic devices for multiple therapeutic areas	$36.7M	Ascent Capital, Agnus Capital & 60 others	45/100

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Founders own 9.61%, Funds (largest shareholder) own 60.94%, Parent Entities own 2.12% and Enterprises own 10.62%. The net worth of Skanray's founders is INR 33.1Cr as of Apr 29, 2015. The cap table displayed below is for SKANRAY TECHNOLOGIES LIMITED which is the legal entity associated with Skanray.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	9.61%	33.1Cr	9703849	5005730	9018903	4602199
Vishwaprasad Alva	8312313	9246351	1735040	1336278	5511600	9697750
Fund	60.94%	210Cr	2895324	3483577	5590102	7764353
Agnus Capital	1895529	3701448	9954893	2073251	2460754	8844140
Ascent Capital	9503601	5686199	9851493	9609449	6907269	8050920
Parent Entity	2.12%	7.33Cr	35	80	91	69
Enterprise	10.62%	36.6Cr	9979836	5588476	2275319	4717122
Angel	2.65%	9.13Cr	20	43	43	52
Naresh S Malhotra	4	2	8	3	6	3
Other People	14.06%	48.5Cr	6836892	7081984	2055760	2682081
Total	100.00%	345Cr	3528578	1896374	9392545	6078203