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Neuro-rehabilitation startup Rymo Technologies secures Rs 10 Cr in seed round

EntrackrEntrackr · 6h ago
Neuro-rehabilitation startup Rymo Technologies secures Rs 10 Cr in seed round
Medial

Robotic neuro-rehabilitation startup Rymo Technologies has secured Rs 10 crore in a seed funding round led by IAN Group through its evergreen fund, along with participation from other angel investors. The proceeds will be used to accelerate product innovation, expand manufacturing capabilities, and strengthen the company’s presence across India, while also scaling into international markets, including ASEAN and the Middle East, Rymo Technologies said in a press release. Co-founded in 2020 by Chirag Shah and Abhishek Rai, Rymo Technologies is a healthcare technology startup that aims to transform physical rehabilitation through advanced robotics, virtual reality, and artificial intelligence. The company develops innovative, accessible, and affordable solutions, including its flagship Mobi-L system, to help individuals recovering from strokes, injuries, and neurological conditions regain mobility and independence. The Mumbai-based startup addresses a structural gap in neuro-rehabilitation. While the incidence of stroke and neurological disorders continues to rise globally, access to advanced rehabilitation remains limited due to a shortage of trained therapists and the high cost of robotic rehabilitation systems. According to Rymo, it has built a multi-layered technology foundation that combines patented hardware architecture, proprietary algorithms trained on patient data, and a modular system design. The company’s multi-joint robotic rehabilitation system is integrated with AI-driven therapy personalization and is designed to deliver measurable recovery outcomes. The company claims it has already demonstrated strong traction across the healthcare ecosystem, with more than 452 device installations and 354 clinical customers, including leading institutions such as AIIMS, Apollo Hospitals, and Manipal Hospitals. Rymo’s systems have supported over 7,500 patients, delivering more than 15,000 therapy hours, with studies indicating up to 25% faster recovery outcomes.

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