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 Sinha of Vitraya. They are also 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 May 31, 2025, the latest employee count at Vitraya is 71.

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 ₹20.1Cr as on Mar 31, 2025.

Where does Vitraya rank among its competitors?

Vitraya ranks 3rd amongst 30 active competitors, of which 12 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Care.fi, which secured $5M in Feb, 2026.

Who are the top competitors of Vitraya?

Vitraya's top competitors include Care.fi, IHX and I3 Systems. Among them, Care.fi secured the most recent funding round in February, 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 & 46 more

Ranked

3^rd among 30 active competitors

Annual Revenue

₹20.1Cr as on Mar 31, 2025

Employee Count

71 as on May 31, 2025

Similar Companies

Innovaccer & 2423 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	Documents
VITRAYA TECHNOLOGIES PRIVATE LIMITED CIN: U72900PB2019PTC049067 , India, Active	Feb 18, 2019	$2.38M (As on Mar 31, 2025)	84 (As on Aug 01, 2025)

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 11 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	9391286	Series A	2815728	1392826	8835255	3016354
Jan 04, 2023	5935408	Seed	7031408	1349468	8902370	Xceedance & 6 more
Sep 21, 2022	8476752	Seed	6389610	6967535	Cactus Venture Partners	9172419

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View details of Vitraya's funding rounds and investors

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

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

Mrinal 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
Ankur Shrivastava: Co-Founder of Vitraya and founder of 1 other company.
Contact Info: 1 email address
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 71 employees as of May 25. The total employee count is 22.0% more than what it was in May 24. Here is Vitraya's employee count trend over the years:

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Top competitors of Vitraya include Care.fi, IHX and I3 Systems. 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	Care.fi 2021, Gurugram (India), Series A	Provider of financial solutions for hospitals, doctors, and allied healthcare suppliers	$10.6M	Kettleborough VC, Trifecta Capital & 29 others	61/100
2nd	IHX 2009, Bengaluru (India), Acquired	Cloud-based patient claims management solutions	$2.6M	Quik Solutions, Logx Venture Partners & 5 others	60/100
3rd	Vitraya 2019, Delhi (India), Series A	Platform offering claims processing for healthcare sector	$12.8M	Sequoia Capital, Startupxseed Ventures & 45 others	57/100
4th	I3 Systems 2016, Mumbai (India), Seed	AI-based solution for automating claims processing and management for the health sector	$3.97M	Unitus Ventures, Capria & 23 others	57/100
5th	ABI Health 2013, Bengaluru (India), Series A	Provider of AI-driven solutions for healthcare operations	$16.1M	East Eight Six Advisors, InvAscent & 21 others	56/100
6th	ClaimBuddy 2020, Gurugram (India), Series A	Platform offering medical insurance claims support solutions	$8.24M	Rebright Partners, Bharat Innovation Fund ... & 39 others	56/100
7th	Healspan 2022, Bengaluru (India), Seed	Platform offering insurance policy and claims management services	$508K	Lead Angels, PedalStart & 28 others	55/100
8th	Kleer 2016, Wayne (United States), Unfunded	Provides cloud-based platform for dental claim management practices for patients and dentists	-	-	49/100
9th	Ayu Health 2019, Bengaluru (India), Series B	Technology-enabled network of hospitals	$39.7M	Fundamentum, Stellaris Venture Partners & 25 others	46/100
10th	Remedinet Technologies 2006, Bengaluru (India), Series A	Provider of healthcare payer-provider network solutions	$4.41M	Bessemer Venture Partners, Nirvana Ventures Advisors ... & 9 others	40/100

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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.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	53.24%	157Cr	5710943	8450212	9138829	7261667
Mrinal Sinha	3293888	6585969	9336902	4162483	2379352	6944095
Srinivas Kotamarthi	8617526	8933232	1073664	2882286	6316516	4555110
Ankur Shrivastava	3445373	7143228	7687962	6286202	2762062	3004112
Fund	22.54%	66.6Cr	5325815	2188380	3197158	7532653
Cactus Venture Partners	9982187	3649421	8728866	1825788	5887762	3260128
Startupxseed Ventures	1093	6653	4720	9247	3060	2357
Season Two Ventures	8	4	2	2	4	3
Enterprise	3.49%	10.3Cr	185	327	771	741
Angel	9.34%	27.6Cr	9129358	4209830	1990970	3926139
Arhaan Kishore	0	0	0	0	0	0
Aman Kishore	0	0	0	0	0	0
ESOP Pool	11.39%	33.7Cr	4335608	9553266	7113292	4422654
Total	100.00%	296Cr	1663435	5512471	1289641	8782334