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IAN Group leads seed round in medtech startup SVASTEK

EntrackrEntrackr ยท 1y ago
IAN Group leads seed round in medtech startup SVASTEK
Medial

Medtech startup SVASTEK has raised Rs 2 crore in a seed funding round led by IAN Angel Fund. The funds will be utilized to launch the ALLTIP-enabled NIV mask across India, build a distributor network for product availability, expand its clinical application team, and drive awareness through medical conferences and targeted outreach programs, SVASTEK said in a press release. Launched in 2022 by Arita Abrol, SVASTEK is a healthcare startup focused on solving challenges within respiratory and critical care through patented solutions designed for large-scale hospital use. The company aims to empower patient care by addressing critical gaps in existing medical technologies. According to the Delhi-based company, its flagship product, the ALLTIP Technology-enabled NIV mask, offers a groundbreaking solution for continuous non-invasive ventilation while allowing simultaneous nutrition delivery, improving clinical outcomes and reducing malnutrition-related risks in patients on long-term respiratory support. As per market research, the respiratory and critical care market in India is valued at Rs 48,500 crores (about $5.8 billion) and is growing at a CAGR of 8.3%. With plans to expand its product portfolio and geographical footprint, the company aims to establish itself as a global leader in respiratory care, driving innovation, affordability, and accessibility in healthcare.

Medical equipment startup Pulse secures $4 Mn led by 30ne4 Capital

EntrackrEntrackr ยท 7h ago
Medical equipment startup Pulse secures $4 Mn led by 30ne4 Capital
Medial

Medical equipment startup Pulse has raised $4 million in a seed funding round led by 3one4 Capital, with participation from Incubate Fund Asia, Stride Ventures, and other angel investors. The fresh funds will be utilized to set up an R&D hub, accelerate product development, secure regulatory certifications, and build distribution across India, Pulse said in a press release. Co-founded in 2025 by Anshul Sharma and Nishant Goel, Pulse is a full-stack medical equipment manufacturing company that designs, sources, and delivers affordable, globally compliant medical equipment and consumables. The company works closely with Indiaโ€™s MSME manufacturing ecosystem, layering it with product design, quality systems, regulatory compliance, service infrastructure, and market access. The Bengaluru-based startup focuses on low and mid-complexity medical equipment and consumables categories and aims to build a large horizontal OEM from India, serving multiple medical equipment categories for domestic and global markets. As per market research, the global medical devices market is estimated to be over $550 billion. Pulse addresses this gap by aggregating MSME manufacturing capacity, standardizing products, ensuring regulatory and quality compliance, and building a trusted, service-backed brand and distribution layer. The company brings together engineering, supply chain orchestration, compliance, and go-to-market execution under a single operating model, enabling globally compliant products at competitive price points while unlocking scale for Indian manufacturers. In its initial phase, Pulse is focused on serving mid-tier hospitals with 50 to 200 beds across India, offering reliable products in select categories such as critical care and renal care. The company plans to subsequently expand into larger hospitals and corporate hospital chains, while growing horizontally by adding more medical specialties and deepening product portfolios within each category.

EndureAir raises $2.85 Mn led by IAN Alpha Fund

EntrackrEntrackr ยท 5m ago
EndureAir raises $2.85 Mn led by IAN Alpha Fund
Medial

EndureAir raises $2.85 Mn led by IAN Alpha Fund EndureAir Systems, a deep-tech UAV (Unmanned Aerial Vehicle) and aerial robotics firm, has raised Rs 25 crore (about $2.85 million) in funding led by IAN Alpha Fund, with participation from IAN Angel Fund. The proceeds will be used to strengthen its UAV capabilities for the defense ecosystem, expand into enterprise markets, and accelerate the development of next-generation high-altitude logistics and aerial robotics platforms. Founded in 2018 by Dr. Abhishek along with his former students Rama Krishna and Chirag Jain, EndureAir designs and manufactures rugged, indigenous UAVs for logistics, defense, surveillance, and disaster response. Unlike drone assemblers, the brand develops both hardware and software fully in-house, leveraging over 15 years of rotorcraft research and backed by 8 patents in flight dynamics and autonomy. EndureAirโ€™s UAV portfolio includes: Sabal, a heavy-lift logistics drone family (10โ€“70 kg payloads) already inducted by the Indian Armyโ€™s Eastern Command; Vibhram, a long-endurance UAV that powered Telanganaโ€™s Medicine from the Sky vaccine delivery program; and Alakh, a nano-UAV series deployed in critical rescue missions from Chamoli cloudburst to the Turkey earthquake. It is also co-developing high-altitude logistics drones with Bharat Electronics Limited (BEL) and piloting missions in Bhutan with Druk Holding & Investments (DHI). The Noida-based startup competes with players like IdeaForge, Garuda Aerospace, and NewSpace Research.

Lifetime Health raises $1.5 Mn in seed round

EntrackrEntrackr ยท 1y ago
Lifetime Health raises $1.5 Mn in seed round
Medial

Lifetime Health, a digital platform for at-home care, has secured $1.5 million in a seed round led by US-based venture capital firm The Garage Syndicate along with participation from other angel investors. The company had previously raised $900,000 in its last round from an existing investor. The fresh proceeds will be deployed towards further development, Lifetime Health said in a press release. Co-founded in 2023 by Konstantin Riabtsev, Michail Vorobiev and Nabil Ahmed, Lifetime Health is a digital platform for hospital-at-home care providing phlebotomy services, diagnostic tools, medical devices, nursing care, physiotherapy, and postoperative care all in one app. Its automated platform ensures fast, high-quality, and affordable service, from the clientโ€™s order to the nurseโ€™s departure and results processing. Lifetime Health is currently operating in Bengaluru and its partner network includes 200 local clinics. It aims to reach major Indian cities and connect over 10,000 medical offices nationwide. intends to enable medical service orders at home for residents across Bangalore and its suburbs, and expand to Mumbai. The platform expects to have 1,000 doctors registered on the platform, with at least 300 of them becoming active users who can schedule appointments online, make appointments and recommendations, and maintain patient histories in digital format. The other startups in this space are Caresathome, CASAMED, Muse Diagnostic, Care24-India, and others.

Varco Leg Care raises $500K in Seed funding

EntrackrEntrackr ยท 1y ago
Varco Leg Care raises $500K in Seed funding
Medial

Delhi-based leg care brand Varco Leg Care has raised $500,000 (over Rs 4.5 crore) in Seed funding round led by Sunicon Maiden Fund, an early-stage venture fund curated by Sunicon Ventures. Prior to this, Varco Leg Care had raised a cumulative Rs 3.1 crore ($370,000) through its previous funding rounds. According to the company, its valuation has grown by 2x in the past 10 months. However, it did not disclose the numbers. Varco Leg Care will be utilizing the capital to strategically bolster capabilities across various fronts, which include enhancing offline touchpoints, advancing research and development (R&D) initiatives, and scaling and optimizing marketing efforts. Varco Leg Care aims to revolutionise leg health management by leveraging technology and clinical expertise. The firm has created a wide range of leg care products that address the end-to-end leg health needs of customers worldwide targeting health issues like varicose veins, diabetic foot, foot ulcer, and restless leg syndrome, among others. As per the company, it saw 110% increase in the brandโ€™s revenue over the past year. Since its inception in 2022, Varco claims to have served more than 5 lakh customers, and expanded its presence to more than 3,000 medical stores across Mumbai, Bangalore, Delhi, and other Indian cities. Varcoโ€™s products are available at organised retail outlets such as Guardian Pharmacy, Noble Plus, Wellness Forever, and others. On the online front, it sells its products through its own website, as well as via marketplaces like Amazon, Flipkart, 1mg, and others.

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