Rymo Technologies Raises Funding From 1Crowd
Early-stage fund 1Crowd has backed Rymo Technologies in a round whose size was not disclosed.
Key Takeaways
- Rymo Technologies has raised funding from early-stage fund 1Crowd.
- The amount of the investment was not disclosed.
- Rymo builds robotic and AI-assisted rehabilitation tools.
- Chirag Shah and Abhishek Rai founded the Navi Mumbai company in 2020.
- Rymo raised a seed round of about Rs 10 crore led by IAN Group in March 2026.
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Rymo Technologies, a Navi Mumbai-based company that builds robotic and AI-assisted rehabilitation tools, has raised fresh funding from 1Crowd, an Indian early-stage investment fund. 1Crowd said Rymo has joined its healthcare portfolio.
The size of the investment was not disclosed. No other investors were named in the announcement.
Rymo Technologies funding at a glance
| Detail | Rymo Technologies |
|---|---|
| Amount | Not disclosed |
| Investor | 1Crowd |
| Sector | Health tech, robotic rehabilitation |
| City | Navi Mumbai |
| Founded | 2020 |
| Founders | Chirag Shah and Abhishek Rai |
What Rymo Technologies does
Rymo Technologies makes rehabilitation equipment that uses robotics and artificial intelligence. Its tools are meant for clinicians who treat patients recovering from neurological and orthopaedic conditions.
The company was founded in 2020 by Chirag Shah, its CEO, and Abhishek Rai. Its flagship product is the Mobi-L robotic rehabilitation system. Rymo builds its products for physiotherapy clinics and mid-sized hospitals, so that they can offer technology-based physiotherapy without depending fully on costly imported machines.
Rymo Technologies' journey so far
| When | Milestone |
|---|---|
| 2020 | Chirag Shah and Abhishek Rai found Rymo Technologies in Navi Mumbai |
| March 2026 | Raises a seed round of about Rs 10 crore led by IAN Group |
| November 2026 | Raises funding from 1Crowd; amount not disclosed |
1Crowd and Rymo on affordable rehabilitation technology
"At 1Crowd, we look to back businesses that use technology to address real gaps in access and delivery. Rymo stood out to us for its approach to making advanced rehabilitation technology more affordable and accessible to healthcare providers in India. We see considerable potential in the role that robotics and technology can play in rehabilitation and believe that Rymo's focus aligns well with the opportunity in this space. We are pleased to welcome Rymo to our healthcare portfolio and look forward to supporting the team as it continues to build the business."
"At Rymo, our vision is to make high-quality rehabilitation more effective, engaging and accessible through technology. By integrating robotics, AI and gamification into rehabilitation, we aim to support clinicians, improve the therapy experience for patients and make recovery more measurable. We are pleased to have 1Crowd join us on this journey and look forward to building on our work to expand access to technology-enabled rehabilitation."
Where Rymo Technologies stands after the 1Crowd investment
Rymo Technologies now counts 1Crowd among its backers, about eight months after its seed round of about Rs 10 crore led by IAN Group. The Navi Mumbai company, founded in 2020, sells robotic and AI-assisted rehabilitation tools to physiotherapy clinics and hospitals. The amount 1Crowd invested has not been made public.
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