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 Jul 31, 2026, the latest employee count at Skanray is 783.

Is Skanray a funded company?

Skanray is a funded company, having raised a total of $28.2M 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. This marks a decline of 16% from its peak valuation of $55M in May, 2010. This marks a decline of 16% from its peak valuation of $55M in May, 2010.

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. Its primary sector is Diversified Medical Devices. Globally, the Diversified Medical Devices sector has seen $382M in funding in 2026 to date.

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

$28.2M 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

783 as on Jul 31, 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
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 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)
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 has raised a total funding of $28.2M 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	8334043	Series A	6739015	2346798	8133396	4489166
Feb 27, 2015	3711560	Series A	2958008	4878898	2949220	Ascent Capital & 8 more
Aug 29, 2013	2965006	Series A	3852705	9078307	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
hnytcuj	Team	-	Past	4y 8m
cdjhuwx	Team	-	Past	2y 7m
zdkhkgq	Investor	xqvpyzd	Past	6y 6m
rg{{wrz	Independent board member	-	Past	8y 1m
oclmnls	Independent board member	-	Past	6y 2m
ahxswvi	Independent board member	-	Past	7y 1m
{svyiqb	Independent board member	-	Past	7y 3m
tnhbpsr	Independent board member	-	Past	1y 1m
aarzbur	Independent board member	-	Past	3y 3m

View details of Skanray's Founder profiles and Board Members

Skanray's employee count trend

Skanray has 783 employees as of Jul 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	$28.2M	Ascent Capital, Agnus Capital & 60 others	48/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	9.61%	33.1Cr	5494028	8579130	9001124	9905605
Vishwaprasad Alva	9316639	4794694	6400214	6446731	1712341	1771885
Fund	60.94%	210Cr	9903194	2686900	2526982	1413723
Agnus Capital	5594818	2042662	4824165	8953821	2066792	1701726
Ascent Capital	2630346	7267173	6838131	4163859	4156991	1432997
Parent Entity	2.12%	7.33Cr	59	93	75	91
Enterprise	10.62%	36.6Cr	5780784	2094735	5267407	5274629
Angel	2.65%	9.13Cr	77	65	89	20
Naresh S Malhotra	4	2	3	6	1	7
Other People	14.06%	48.5Cr	8227034	5222460	5021458	9211836
Total	100.00%	345Cr	2542393	5184606	1634762	1765061