When was Vitraya founded?

Vitraya was founded in 2019 and raised its 1st funding round within a year of its incorporation.

Where is Vitraya located?

Vitraya is headquartered in Delhi, India. It is registered at 2nd Floor,STPI Incubation Centre Plot No. C-184, Sector -75, Industrial Area Phase 8A, SAS Nagar, Mohali, Mohali, Punjab, India, 160071.

Who is the current CEO of Vitraya?

Mrinal Kumar Sinha of Vitraya. They have also founded 1 company and are an angel investors in 1 startup.

Which legal entities is Vitraya associated with?

Vitraya is associated with VITRAYA TECHNOLOGIES PRIVATE LIMITED.

How many employees does Vitraya have?

As of Feb 28, 2026, the latest employee count at Vitraya is 96.

Is Vitraya a funded company?

Vitraya is a funded company, having raised a total of $12.8M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 28, 2019.

How much is Vitraya worth?

The latest valuation of Vitraya is $***** as of Jan 04, 2023.

When was the latest funding round of Vitraya?

Vitraya's latest funding was a $***** Series A round on Mar 29, 2023, with participation from 5 investors.

What is the annual revenue of Vitraya?

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

Where does Vitraya rank among its competitors?

Vitraya ranks 9th amongst 215 active competitors, of which 40 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Connie Health, which secured $40M in Jun, 2026.

Who are the top competitors of Vitraya?

Vitraya's top competitors include Cigna, GSC and Mighty. Among them, Connie Health secured the most recent funding round in June, 2026.

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

Company Details

Platform offering claims processing for healthcare sector. It offers claim auto adjudication and settlement solutions, leveraging artificial intelligence to streamline the process. It builds algorithms and AI products to enable automated claims settlement between hospitals and health insurers.

Website: vitraya.com
Social
Email ID: *****@vitrayatech.com
Phone Number: +91 **********
Registered Address: 2nd Floor,STPI Incubation Centre Plot No. C-184, Sector -75, Industrial Area Phase 8A, SAS Nagar, Mohali, Mohali, Punjab, India, 160071

Key Metrics

Founded Year

2019

Location

Delhi, India

Stage

Series A

Total Funding

$12.8M in 6 rounds

Latest Funding Round

Series A, Mar 29, 2023, $*****

Post Money Valuation

$***** as on Jan 04, 2023

Investors

CACTUS & 48 more

Ranked

9^th among 215 active competitors

Annual Revenue

₹10 - ₹50 Cr as on Mar 31, 2025

Employee Count

96 as on Feb 28, 2026

Similar Companies

OpenEvidence & 2939 more

View Vitraya's full profile

Vitraya is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
VITRAYA TECHNOLOGIES PRIVATE LIMITED CIN: U72900PB2019PTC049067 , India, Active	Feb 18, 2019	₹10 - ₹50 Cr (As on Mar 31, 2025)	96 (As on Feb 28, 2026)

Vitraya has raised a total funding of $12.8M over 6 rounds. Its first funding round was on Jun 28, 2019. Its latest funding round was a Series A round on Mar 29, 2023 for $*****. 5 investors participated in its latest round. Vitraya has 13 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of Vitraya:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 29, 2023	3352177	Series A	5316684	4443846	5954846	9514089
Jan 04, 2023	5570844	Seed	2260863	5272834	8313712	Xceedance & 6 more
Sep 21, 2022	4097962	Seed	2778078	2385629	Cactus Venture Partners	3056400

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View details of Vitraya's funding rounds and investors

The founders of Vitraya are Mrinal Kumar Sinha, Ankur Shrivastava and Srinivas Kotamarthi. Mrinal Kumar Sinha is the CEO of Vitraya.

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

Mrinal Kumar Sinha: Co-Founder & CEO of Vitraya and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address and 1 phone number
Ankur Shrivastava: Co-Founder of Vitraya and founder of 1 other company.
Contact Info: 1 email address and 1 phone number
Srinivas Kotamarthi: Co-Founder of Vitraya and founder of 1 other company.
Contact Info: 1 email address

View details of Vitraya's Founder profiles and Board Members

Vitraya's employee count trend

Vitraya has 96 employees as of Feb 26. The total employee count is 60.0% more than what it was in Feb 25. Here is Vitraya's employee count trend over the years:

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Top competitors of Vitraya include Cigna, GSC and Mighty. Here is the list of Top 10 competitors of Vitraya, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cigna 1792, Philadelphia (United States), Public	Provider of health insurance, dental plans and medicare coverage	-	JANA Partners, Tekla Capital Management & 3 others	71/100
2nd	GSC 1957, Toronto (Canada), Unfunded	Provider of multiple healthcare services for individuals and organizations	-	-	70/100
3rd	Mighty 2015, New York City (United States), Series B	Provider of software solutions for the management of legal funding	$14.2M	Tribeca Venture Partners, IA Ventures & 11 others	63/100
4th	Cotiviti 1979, Atlanta (United States), Acquired	Provider of analytics-driven payment accuracy solutions for healthcare payers	-	Oak HC/FT, Veritas Capital & 2 others	63/100
5th	Care.fi 2021, Gurugram (India), Series A	Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers	$10.6M	Trifecta Capital, Kettleborough VC & 51 others	61/100
6th	Healthcare Interactive 2006, Glenwood (United States), Series A	Developer of an AI-powered platform for insurance and healthcare administration	$16.8M	Grotech Ventures, Maryland Venture Fund & 2 others	59/100
7th	Connie Health 2019, Brookline (United States), Series B	Provider of Medicare plan selection assistance and licensed insurance agents	$85M	Health Quest Capital, Abstract Ventures & 10 others	59/100
8th	Alaffia Health 2020, New York City (United States), Series B	AI platform for healthcare claims management and automation	$72M	Transformation Capital, FirstMark & 12 others	58/100
9th	Vitraya 2019, Delhi (India), Series A	Platform offering claims processing for healthcare sector	$12.8M	Startupxseed Ventures, GrowthCap Ventures ... & 47 others	68/100
10th	ABI Health 2013, Bengaluru (India), Series A	Provider of AI-driven solutions for healthcare operations	$16.1M	East Eight Six Advisors, InvAscent & 21 others	57/100

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Founders (largest shareholder) own 53.24%, Funds own 22.54%, Enterprises own 3.49% and Angels own 9.34%. The net worth of Vitraya's founders is INR 157Cr as of Jan 04, 2023. The cap table displayed below is for VITRAYA TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Vitraya.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.24%	157Cr	1420928	3777755	7892168	6550847
Mrinal Kumar Sinha	4982006	4668108	5215045	4643581	1277940	5605253
Srinivas Kotamarthi	6311892	2748659	8805903	3464622	6840369	6163751
Ankur Shrivastava	3961898	4971624	3428143	1446032	3334334	6049562
Fund	22.54%	66.6Cr	1063086	8553684	9532373	4394406
Cactus Partners	5634316	1653267	5326036	4216170	4580208	5545572
Startupxseed Ventures	2091	8136	7214	1651	1468	7951
Season Two Ventures	4	3	8	1	4	1
Enterprise	3.49%	10.3Cr	580	398	405	840
Angel	9.34%	27.6Cr	8310418	3858491	3919675	9436837
Arhaan Kishore	0	0	0	0	0	0
Aman Kishore	0	0	0	0	0	0
ESOP Pool	11.39%	33.7Cr	9572640	9289151	6315984	1760266
Total	100.00%	296Cr	3418169	8397836	6333580	8658115