About the Company
Niramai (Non-Invasive Risk Assessment with Machine Intelligence) was founded in 2016 with a mission to revolutionize breast cancer screening using AI-based thermal imaging technology. Headquartered in Bangalore, India, the company has developed a unique, non-invasive, radiation-free, and automated screening method that enhances early cancer detection and accessibility.
Business Model
Niramai operates through the following key business segments:
a) Healthcare Screening Services
Description: Provides AI-powered, non-invasive breast cancer screening solutions.
Key Clients and Markets: Hospitals, diagnostic centers, corporate wellness programs, and rural health initiatives.
b) Technology Solutions
Description: Uses Thermalytix, an AI-based software that analyzes thermal images for early cancer detection.
Competitive Advantage: Offers a more affordable, accessible, and privacy-aware alternative to traditional mammography.
c) Revenue Streams
Niramai generates revenue through:
Screening Services: Partnering with hospitals and diagnostic centers to offer AI-based breast cancer screening.
Software Licensing: Providing AI-powered software to healthcare institutions.
Corporate Health Programs: Offering screening services for corporate employees as part of wellness initiatives.
What Problem is the Startup Addressing?
Niramai addresses the challenges in breast cancer detection, including:
Limited Access: Traditional mammography is expensive and not widely available in rural areas.
Privacy Concerns: Conventional methods require physical contact, which may deter some individuals from screening.
Late Detection: Many cases are detected at later stages due to lack of early screening.
Niramai’s solution enables early, affordable, and accessible cancer screening, improving survival rates and healthcare outcomes.
Key Financial Numbers
Revenue (Latest): Not publicly disclosed.
Profitability: Not disclosed.
Growth Rate: Expanding across hospitals and diagnostic centers in India and internationally.
Funding: Raised over $7 million from investors, including Pi Ventures, Ankur Capital, and Flipkart co-founder Binny Bansal.
Market Valuation: Not publicly disclosed.
About the Founders
Dr. Geetha Manjunath – Founder & CEO
Education: Ph.D. in Computer Science from the Indian Institute of Science (IISc), Bangalore.
Professional Background: AI researcher with expertise in machine learning, data analytics, and healthcare innovation.
Role in Company: Leads research, technology development, and strategic vision.
