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Top 50 Medical Device Startup Investors in India (September 2026)

The most active venture capital funds and angel investors investing in India Medical Device startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in India Medical Device startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Society for Innovation and Entrepreneurship
VC Fund
16 India, United States Seed, Pre-Seed, Series A Health Care, Manufacturing, Medical Device $14k–$5.6M
Inflection Point Ventures
VC Fund
7 India, United States, Singapore Seed, Pre-Seed, Series A Artificial Intelligence, E-Commerce, Health Care $124k–$10M
Namita Thapar
Angel
5 India, Hong Kong Seed, Angel Food and Beverage, E-Commerce, Retail $48k–$1.2M
Mumbai Angels
VC Fund
5 India, United States, Singapore Seed, Angel Software, E-Commerce, Food and Beverage $115k–$3M
IAN Group
VC Fund
4 India, United States, United Kingdom Seed, Series A, Angel Software, Health Care, E-Commerce $73k–$5M
Pi Ventures
VC Fund
4 India, United States, Singapore Seed, Series A, Series B Artificial Intelligence, Software, Machine Learning $1M–$27M
LVX Ventures
VC Fund
4 India, United States, Italy Seed, Series A, Angel E-Commerce, Internet, Software $160k–$10M
Ankur Capital
VC Fund
3 India, Luxembourg, United States Seed, Series A, Venture - Series Unknown AgTech, Agriculture, Health Care $275k–$15M
Ennovent
VC Fund
3 India Seed, Angel, Pre-Seed Health Care, Medical Device, Medical
1Crowd
VC Fund
3 India, United States Seed, Series A, Venture - Series Unknown Information Technology, Health Care, Software $361k–$5.5M
Pontaq
VC Fund
3 India, United Kingdom, United States Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $30k–$65M
Ashish Kacholia
Angel
3 India, United States, Singapore Seed, Post-IPO Equity, Series A Retail, Manufacturing, Health Care $280k–$22M
British International Investment
VC Fund
3 India, Kenya, Nigeria Debt Financing, Series B Financial Services, Banking, Finance $6.8M–$100M
SucSEED Indovation
VC Fund
3 India, United States Seed, Pre-Seed Software, SaaS, Information Technology $4k–$1.1M
Accel
VC Fund
3 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.4M–$70M
Kae Capital
VC Fund
3 India, United States Seed, Series A, Series B E-Commerce, Software, Internet $500k–$32M
Unicorn India Ventures
VC Fund
3 India, United Kingdom, United States Seed, Series A Information Technology, Software, Health Care $250k–$12M
Karnataka Information Technology Venture Capital Fund
VC Fund
2 India, United States Series A, Seed Biotechnology, Software, Manufacturing $72k–$5M
Keiretsu Chennai
VC Fund
2 India Seed, Angel, Pre-Seed Manufacturing, Medical Device, Product Design $166k–$2.2M
Centre for Cellular and Molecular Platforms
VC Fund
2 India Seed, Grant, Pre-Seed Health Care, Medical, Manufacturing $276k–$3M
Aarin Capital
VC Fund
2 India, United States, Singapore Series A, Seed, Series B Education, Biotechnology, E-Commerce $220k–$25M
Unitus Ventures
VC Fund
2 India, Singapore, United States Seed, Series A Education, Health Care, Software $100k–$5M
ITI Growth Opportunities Fund
VC Fund
2 India Seed, Series A, Pre-Seed Health Care, Software, Information Technology $114k–$12M
Chiratae Ventures
VC Fund
2 India, United States, Singapore Series A, Series B, Seed Software, E-Commerce, Artificial Intelligence $1M–$16M
Sat Industries
VC Fund
2 India, Singapore, United States Seed, Pre-Seed, Angel Software, Artificial Intelligence, Financial Services $154k–$2.3M
Inflexor Ventures
VC Fund
2 India, United States Series A, Seed, Series B Artificial Intelligence, Software, Machine Learning $384k–$20M
Cipla
VC Fund
2 India, United States Corporate Round, Series B Health Care, Sales, Medical
BEENEXT
VC Fund
2 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, FinTech $453k–$50M
Mahendra Singh
Angel
2 India Seed, Pre-Seed mHealth, Agentic AI, Telehealth
GVFL
VC Fund
2 India, United Kingdom Seed, Series A Manufacturing, Food and Beverage, Software $342k–$11M
Bhupen Shah
Angel
2 India, United States Angel, Seed, Series A Software, Big Data, Enterprise Software $245k–$1.4M
InvAscent
VC Fund
2 India, United States Private Equity, Series A, Seed Health Care, Manufacturing, Pharmaceutical $600k–$67M
Aman Gupta
Angel
2 India, United States Angel, Seed E-Commerce, Food and Beverage, Manufacturing $41k–$2.5M
The Blue Venture Fund
VC Fund
2 United States, United Kingdom, India Series A, Series B, Series C Health Care, Medical, Wellness $2.6M–$64M
HealthQuad
VC Fund
2 India Series B, Series A, Venture - Series Unknown Health Care, Medical, Wellness $2.1M–$33M
Uday Kumar Bangalore Shivaraman
Angel
2 United Kingdom, India, United States Seed, Series B, Equity Crowdfunding FinTech, Financial Services, Software $163k–$32M
Catamaran
VC Fund
2 India, United States, United Kingdom Series A, Series B, Seed Manufacturing, E-Commerce, Apps $400k–$42M
Reliance Venture Asset Management
VC Fund
2 India Series A, Series B, Debt Financing Energy, Rental, Hospital
Navam Capital
VC Fund
2 India, United States Seed, Series A, Series B Manufacturing, Health Care, Biotechnology $120k–$28M
Ikuto Higashi
Angel
2 India Seed, Angel Health Care, Medical Device, B2B
Beyond Capital
VC Fund
2 India, United States, China Seed, Series B, Pre-Seed Health Care, Financial Services, Medical Device $50k–$224M
Somerset Indus Capital Partners
VC Fund
2 India Private Equity, Series A Health Care, Medical, Manufacturing $14M–$17M
Puneet Agarwal
Angel
1 United States, India, Canada Series A, Seed, Series B Software, Artificial Intelligence, Enterprise Software $1M–$30M
Indian Scientific Innovation Company
VC Fund
1 India Seed Medical, Health Care, Life Science
Keiretsu Forum
VC Fund
1 United States, India, Turkey Seed, Series A Health Care, Software, Biotechnology $102k–$8.6M
Sukhbir Singh
Angel
1 India, United States Seed, Pre-Seed, Angel Software, E-Commerce, Health Care $100k–$1.5M
Sunil Kalra
Angel
1 India, United States Seed, Angel, Series B Financial Services, Apps, FinTech $245k–$7M
Riso Capital
VC Fund
1 India, United States Seed, Series A Software, SaaS, Logistics $545k–$9M
Lavni Ventures
VC Fund
1 India, United States Seed, Pre-Seed Health Care, Education, E-Learning $500k–$3M
Arun Venkatachalam
Angel
1 India Seed, Pre-Seed, Series A E-Commerce, Marketplace, B2B $506k–$22M
Access all 373 investors in India Medical Device startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Society for Innovation and Entrepreneurship
VC Fund · Powai, Assam, India · 16 investments in India Medical Device startups

SINE at IIT Bombay supports tech startups with incubation, mentorship, funding, and resources to turn innovative ideas into successful ventures.

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Investment focus

  • Industry: Health Care, Manufacturing, Medical Device
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 92
  • Round size: Seed $100k–$5.6M; Pre-Seed $14k–$1M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Inspecity — As we confront novel challenges on our planet, InspeCity develops groundbreaking tools to support satellite systems, essential for communication, navigation, and security, guaranteeing their long-term prosperity.
  • BAAS Technologies — BAAS Technologies is developing reusable orbital and sub-orbital launch vehicles with the goal of significantly reducing vehicle complexity cost, and turnaround time to market. By pushing the boundaries they are opening space as a platform for future technologies and competitiveness.
  • ThrustWorks Dynetics — We develop innovative propulsion systems for commercialization, starting with a reusable 3D-printed 20 kN Kerolox engine. We aim to bridge gaps in propulsion R&D with high-thrust, high-Isp engines and microcombustors.
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Inflection Point Ventures
VC Fund · Gurgaon, Haryana, India · 7 investments in India Medical Device startups

Inflection Point Ventures, with over 3300 CXOs and professionals, HNIs and Family Offices, is India’s leading angel network investing in early-to-mid stage startups. IPV supports new-age entrepreneurs with not just capital but also uses its wide network of investors to provide startups with access to new markets, customers, guidance and mentorship.Inflection Point Ventures is democratizing angel investing with low membership fee, lowest investment ticket size (per investor), transparent investment process and extensive upfront due-diligence led by industry experts. IPV is industry agnostic, with a focus on committed and competent founders.

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Investment focus

  • Industry: Artificial Intelligence, E-Commerce, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 357
  • Round size: Seed $190k–$2.1M; Pre-Seed $124k–$2.1M; Series A $839k–$10M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely still investing — raised $50M in 2022

Portfolio highlights

  • Oorjaa — Oorjaa offers effective technology-driven logistics solutions aided with transformative technology solutions on auto-routing, network optimization, data analytics, trip management and highly efficient operating processes.
  • Uravu Labs — Uravu Labs - Renewable Water From Air. Water sustainability for the 21st century.
  • Snap-E Cabs — Snap-E Cabs is an eco-friendly public electric transport service that allows people to travel safely.
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Namita Thapar
Angel · Pune, Maharashtra, India · 5 investments in India Medical Device startups

Namita Thapar is an Executive Director at Emcure Pharmaceuticals. She previously worked as a senior manager at Abbott. She attended Duke University's Fuqua School of Business.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, Retail
  • Stage:Seed, Angel
  • Geography: India, Hong Kong

Investor stats

  • Total investments: 72
  • Round size: Seed $60k–$1.2M; Angel $48k–$277k
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Artociti — Artociti is an Indian e-commerce company specializing in premium handmade wall art, sculptures, and home decor.
  • MeMeraki — MeMeraki is India first culture-tech platform using technology to empower the artisan creator economy and shopping and retail and fashion.
  • Bonkers Corner — It’s right there, in the name. It’s the kinda crazy that makes you feel comfortable. Based in Mumbai, Bonkers Corner is a home-grown online brand that serves as your exclusive source of streetwear fashion solely made in India. Our signature aesthetic stems from the dire need to stand out from the rest. Crazy balanced by comfort & chic. Ourbrand ultimately forces you to be your best-dressed version while being able to do so at the most affordable prices. Staying offbeat, reinventing your style as your heart’s desire is now right at your fingertips.Deriving inspiration from varied genres of art, music, movies, gaming, pop culture, and more, Bonkers Corner now serves as the epitome of fashion, culture, and lifestyle, by playing host to the widest array of merchandise, of various interpretations. Commenced with a vision of manufacturing streetwear worth every penny, the brand offers an extensive assortment of oversized tees, joggers, sweatshirts & hoodies, Co-Ord Sets and so much more to both men and women, often coming out with unisex collections as well. We also have our latest Pop Culture Collection from Disney™ and Marvel™. Launching a new collection every other month is our way of keeping our customers entertained, excited, and on their feet. The anticipation of new prints, and new styles keeps the monotony at bay.Starting in 2020, the brand benefited greatly, when e-commerce businesses were skyrocketing. Having an online store was therefore not only necessary but also inevitable. Straight after its onset, the brand initiated a crowd favorite trend- The Oversized Tee, making it mainstream, creating popular demand, and as a result, it was adopted by various other brands in recent times.Known for its complete convenience under one roof, the brand’s online portal is an experience in itself. Consumers can view their favorite collections, search for a specific piece, at great convenience using the user-friendly interface. Comprehensive size charts, detailed product information, and high-resolution images add value to our consumers’ buying decisions.Bonkers Corner makes you believe that ordinary was never a choice. Eccentricity at its core, everything our brand offers is unique, and never done before. The world is your ramp, and every day can be different. Be true to your style & look effortless while doing so. Crazy never knew no limits.
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Mumbai Angels
VC Fund · Mumbai, Maharashtra, India · 5 investments in India Medical Device startups

Find the best online casino in India for real money in 2026. Compare bonuses, UPI payments, and withdrawals. Play smarter, start here.

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Investment focus

  • Industry: Software, E-Commerce, Food and Beverage
  • Stage:Seed, Angel
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 264
  • Round size: Seed $324k–$3M; Angel $115k–$1M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2014

Portfolio highlights

  • Gramiyaa — Discover Gramiyaa wood cold pressed oils, As Seen on Shark Tank India. Fully traceable, fresh-packed cooking oils delivered across India.
  • WittyParrot — Is a sustainable and innovative company that provides residential & commercial waste collection services to rural America.
  • Insta Health — Insta by Practo is the best software for the Hospital Management System. It empowers you with a platform to run financial, clinical & operational processes
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IAN Group
VC Fund · New Delhi, Delhi, India · 4 investments in India Medical Device startups

Started in April 2006, the Indian Angel Network is a unique concept which brings together highly successful entrepreneurs and CEOs from India and around the world who are interested in investing in startup / early stage ventures which have the potential of creating disproportionate value.The Network, in addition to money, provide constantaccess to high quality mentoring, vast networks and inputs on strategy as well as execution. The Network members, because of their background are better able to assess the potential and risks at the early stage.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A, Angel
  • Geography: India, United States, United Kingdom

Investor stats

  • Total investments: 295
  • Round size: Seed $250k–$2M; Angel $73k–$600k; Series A $643k–$5M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: Likely actively investing — fresh fund, raised $100M in 2025

Portfolio highlights

  • Quifers
  • Carbon Masters — Carbon Masters helps organisations to measure, manage, reduce and report their carbon emissions, Our raison d´etre is a passion to help people in both their professional and personal lives reduce their carbon impact and to adapt to inevitable climate change. Carbon Masters two founding partners bring a range of complementary skills andcapabilities, youthful enthusiasm and experience, and an understanding of both the developing and developed worlds. Passion, global insight, and technical mastery are the values they aspire to bring to the company. Carbon Masters was established in 2009 and has since worked with a wide range of organisations in both the public and private sector to help them take steps to reduce their carbon emissions. The company now has offices in Edinburgh (UK), Bangalore (India) and Quito (Ecuador) and plans for a Carbon Masters USA are also on the horizon.
  • Harajuku Tokyo Cafe — Harajuku Tokyo Cafe provides Japanese casual dining services.
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Pi Ventures
VC Fund · Bangalore, Karnataka, India · 4 investments in India Medical Device startups, 8 in the past 12 months

pi Ventures is an early stage fund focused on investing on disruptive ideas leveraging machine learning, AI and IoT.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 68
  • Round size: Seed $1M–$6.5M; Series A $4M–$11M; Series B $17M–$27M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: Likely still investing — raised $85M in 2023

Portfolio highlights

  • Velmenni — Chasing 10x the speed of current day data communication through illumination. The world calls it Li-Fi.
  • Pranos Fusion — Limitless energy for India and the world
  • Armatrix Automations — Armatrix builds robotic arms for confined and hazardous spaces, enabling inspection and maintenance of critical industrial infrastructure without human risk.
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LVX Ventures
VC Fund · Singapore, Central Region, Singapore · 4 investments in India Medical Device startups

Connect with 10,000 plus angel investors. Raise funding seamlessly. Find startups to invest in. Easy to use & seamless technology platform for startup investing & funding.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Angel
  • Geography: India, United States, Italy

Investor stats

  • Total investments: 326
  • Round size: Seed $265k–$3M; Angel $160k–$855k; Series A $1M–$10M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • Samaaro — Samaaro is a powerful software platform designed to help organizations host scalable, secure, and effective virtual events for a global audience. Samaaro's unique features & versatility allow it to host a variety of Virtual Events such as Virtual conferences, Virtual Summits, Virtual Fairs, Virtual Exhibitions & more. Samaaro wasdesigned to be completely customizable, enabling brands to make the platform their own, and host holistic and immersive events. Samaaro enables organizations to move away from webinars & communicate with their audience in a more holistic and engaging experience. The platform consists of exciting components such as a World-class Lobby, Conference Halls, Auditoriums, Exhibition Zones with exhibitor booths, Information Desk, Networking zones & more! The platform's focus on an engaging user experience translates to happy audiences & successful events. Samaaro also boasts of salient features such as in-depth analytics, robust security & privacy, resource sharing, and online games. With brands from all over the world trusting Samaaro to be their go-to Virtual Events Platform, it's time you do too. Go Virtual, Go Samaaro.
  • Sensesemi — Sensesemi Technologies is a healthcare startup that focuses on the development of unique medical devices. The company's inspiration stems from personal experiences with hypertension and diabetes in close family members. Sensesemi Technologies is known for its commitment to delivering optimal healthcare services. The company's productdevelopment is primarily in the field of medical devices, aiming to cater to a wide range of healthcare needs. The company has been recognized for its work, notably winning in the ESDM category at the 'Startup Karnataka Top Tech Awards'.
  • Harajuku Tokyo Cafe — Harajuku Tokyo Cafe provides Japanese casual dining services.
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Ankur Capital
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Medical Device startups

Ankur Capital is an early stage venture capital fund investing in startups with transformative technologies for next billion Indians. The fund invests in non-conventional opportunities across sectors such as agritech, consumer food, healthcare, vernacular tech, fintech, logisitics, edtech, retail tech, digital inclusion and deeptech in these markets.

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Investment focus

  • Industry: AgTech, Agriculture, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: India, Luxembourg, United States

Investor stats

  • Total investments: 84
  • Round size: Seed $275k–$3.5M; Series A $1.2M–$15M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $34M in 2021

Portfolio highlights

  • Craftif AI — Crafting the physical world with Agentic AI platform
  • OneKiraana — OneKiraana is a technology platform that allows kirana businesses to offer home delivery through third-party logistics optimize inventory using demand information, and introduce private-label products.
  • Pranos Fusion — Limitless energy for India and the world
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Ennovent
VC Fund · Vienna, Wien, Austria · 3 investments in India Medical Device startups

Ennovent is an innovation accelerator working with a range of clients - including entrepreneurs, mentors, investors, foundations, NGOs and companies - to accelerate innovations for sustainability in low- income markets in developing countries.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • ERC Eye Care — Book eye consultations, cataract surgery, free eye camps, and shop prescription glasses & lenses online. ERC Eye Care has served 12 lakh+ patients across 7 hospitals in Assam and Northeast India.
  • Karma Healthcare — Karman Healthcare are see a world where everyone has an opportunity and means to access equitable and affordable healthcare.
  • Hasiru Dala Innovations — Bangalore's trusted waste management company for bulk waste generators in GBA South Corporation. Compliant, traceable, reliable services with 99% quality.
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1Crowd
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Medical Device startups

Looking for venture capital to grow your startup? 1Crowd connects innovative founders with smart capital and active mentorship. Apply for funding today.

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Investment focus

  • Industry: Information Technology, Health Care, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: India, United States

Investor stats

  • Total investments: 69
  • Round size: Seed $361k–$2.3M; Series A $1.3M–$5.5M; Venture - Series Unknown $523k–$5.3M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $7.1M in 2019

Portfolio highlights

  • Brisil — Climate tech startup transforming rice husk ash to green silica for industrial purposes using zero waste chemical process.
  • Mojro Technologies — Aliexpress platform provides various coupon code with multiple high-quality goods for different users. Have a great saving with suitable aliexpress discount promo code and you can learn to how to use aliexpress coupon in our help center. Various sellers also prepared kinds of coupon code like $5, $10, $15 off for different products.
  • The Policy Exchange — Empowering Life Policyholders with Immediate Liquidity | Boosting Insurer Retention | Growing Investor Wealth With Smart Financial solutions for all!
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Pontaq
VC Fund · London, England, United Kingdom · 3 investments in India Medical Device startups

Pontaq, trading name of Anugraha Ventures Limited, is a UK registered venture capital fund, with a core USP of cross border technology transfer between UK and India. Since inception in 2015, the firm has been capitalizing on the massive opportunity of “#Innovation #Startup #Scaleup” through its UK India Innovation Funds (UIIF), whilst creatingsustainable economic development through jobs creation in both the economies.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown
  • Geography: India, United Kingdom, United States

Investor stats

  • Total investments: 104
  • Round size: Seed $30k–$1.8M; Venture - Series Unknown $30k–$65M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.1M in 2025

Portfolio highlights

  • Edgehax — Edgehax is an IoT prototyping and Edge AI Hardware platform for developers, innovators, startups and enterprise to rapidly build prototypes.
  • TrackerSuite.AI — TrackerSuite.AI is an AI-powered, mobile-first business operating system built specifically for small and medium enterprises (SMEs) to digitise, automate, and centralise day-to-day operations. It serves as a unified workspace that helps companies move away from fragmented workflows, spreadsheets, disconnected software tools, and chaotic WhatsAppthreads.
  • Dweepi Innovations — Our precision is our strength
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Ashish Kacholia
Angel · Mumbai, Maharashtra, India · 3 investments in India Medical Device startups, 20 in the past 12 months

Ashish Kacholia is the founder and Director - Research at Lucky Investment Managers.

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Investment focus

  • Industry: Retail, Manufacturing, Health Care
  • Stage:Seed, Post-IPO Equity, Series A
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 76
  • Round size: Seed $1.4M–$9.4M; Series A $2.4M–$22M; Post-IPO Equity $280k–$19M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Inspecity — As we confront novel challenges on our planet, InspeCity develops groundbreaking tools to support satellite systems, essential for communication, navigation, and security, guaranteeing their long-term prosperity.
  • Raghu Vamsi — Raghu Vamsi manufactures and exports CNC machines, mechanical sub-assemblies, aero structures, and precision engineering components.
  • India Gold Metaverse — India Gold Metavers is a digital marketplace that offers gold coin trading and gold management solutions.
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British International Investment
VC Fund · London, England, United Kingdom · 3 investments in India Medical Device startups

British International Investment is the UK's development finance institution. We've been at the forefront of supporting companies in developing countries for more than 70 years.

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Investment focus

  • Industry: Financial Services, Banking, Finance
  • Stage:Debt Financing, Series B
  • Geography: India, Kenya, Nigeria

Investor stats

  • Total investments: 403
  • Round size: Series B $13M–$70M; Debt Financing $6.8M–$100M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2009

Portfolio highlights

  • Coris Holding — Coris Holding is a financial institution that was established with the motive to provide support to SMEs and SMIs.
  • mopo — Mobile Power's innovative pay-per-use battery sharing network unlocks clean energy for households, businesses and electric transport in Sub-Saharan Africa.
  • hummingbirds — hummingbirds deliver reliable nature-based solutions de-risked through rigorous, ground-based project development.
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SucSEED Indovation
VC Fund · Hyderabad, Andhra Pradesh, India · 3 investments in India Medical Device startups

SucSEED Indovation offers access to capital for deep tech startups to scale and grow. SucSEED supports early-stage deep tech and tech-driven startups providing solutions to the large-scale needs of India and with the potential to serve global emerging market needs too.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: India, United States

Investor stats

  • Total investments: 84
  • Round size: Seed $140k–$1.1M; Pre-Seed $4k–$1M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2020

Portfolio highlights

  • SportVot — Watch the latest live sports with scores, highlights, and your favourite sports players from India. Latest sports updates online from tennis cricket, football, kabaddi, basketball, volleyball, and all other sports
  • We360.ai — We360.ai is an employee monitoring and tracking software that tracks employee's activity and enhance productivity.
  • Fire AI — Discover FireAI, a no-code AI business intelligence platform that explains why metrics change with causal analysis, alerts and real-time insights.
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Accel
VC Fund · Palo Alto, California, United States · 3 investments in India Medical Device startups

First partner to exceptional teams everywhere

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 2354
  • Round size: Seed $1.4M–$10M; Series A $4.4M–$40M; Series B $9.5M–$70M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $750M in 2026

Portfolio highlights

  • Yodlee — Yodlee is a provider of financial applications that aims to make online banking more profitable. Yodlee's personal financial management, payments, and customer acquisition solutions unify all personal financial account information to deliver centralized way for users to manage their financial tasks.
  • MobStac — Developer of a cloud-based mobile marketing platform designed to connect the digital and physical worlds through the use of innovative technology. The company's platform is based on the principals of proximity marketing and engage customers in a personalized, context-aware way that leverages indoor location and proximity, enabling businessesand brands to leverage BLE beacon technology to deliver context-rich experiences to their end users.
  • Diligent — Diligent, a modern governance company, is the only comprehensive governance software provider featuring tools to improve and simplify modern day governance.
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Kae Capital
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Medical Device startups, 14 in the past 12 months

A destination for early stage companies to acquire capital for growth. Kae Capital is a sector agnostic fund and invests in companies which bring about innovative solutions for the existing gaps in the markets, backed by a great team. their focus – investing in Innovation, Leadership and Growth.They bring in the expertise of identifying andbuilding large companies even from a concept. Their team at Kae Capital has a wide range of experience in helping companies grow, fill gaps in the market and help create winning companies.They believe entrepreneurs can shape the future of the world. they want to partner with passionate and energetic entrepreneurs who have the drive to change the future.Technology excites us. they look for entrepreneurs who envision technology as a means to disrupt sectors such as Mobile, e-Commerce, Education, Healthcare, Consumer Internet and so on. they think technology holds the highest potential to shape their lives in a new future.They understand the importance of speed for a start-up and they carry out their process in the same spirit.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Seed, Series A, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 137
  • Round size: Seed $500k–$4M; Series A $2.1M–$12M; Series B $4.7M–$32M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $49M in 2020

Portfolio highlights

  • STCH — STCH.ai is a Bengaluru-based AI-driven textile tech startup It operates as a contract development and manufacturing organization (CDMO) focused on fabric R&D and production for global fashion brands. The company leverages AI for trend forecasting, sustainable material selection, and supply chain optimization across India and Asia.
  • GobbleCube — GobbleCube's AI-powered copilot automates revenue monitoring and RCA, allowing revenue staff to focus on execution.
  • Grapevine — Grapevine houses communities with thousands of professionals in your industry.Meet professionals like you: We have communities like Software Engineering, Product Management, Business Roles, Freshers and Interns, Moving Abroad and many more so that you can learn from other professionals in your industry.Have honest & fun conversations.OnGrapevine, people join with a username instead of their real names. This lets you have honest & fun conversations with like minded people like you. Do check out our Memes, Office Gossip and News discussion communities.Ask questions that matter. Ever wondered, “How can I ask my manager for a raise?” “How do I switch from my current company?” “What is an ideal salary I deserve?” Grapevine makes possible what you can’t ask on other professional networks. Join a positive community that wants to grow together.Get your dream job Grapevine has tons of managers looking to actively recruit talent just like you.Privacy, guaranteed Your data is encrypted and cannot be tied back to you, we promise!
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Unicorn India Ventures
VC Fund · Mumbai, Maharashtra, India · 3 investments in India Medical Device startups, 17 in the past 12 months

Discover how Unicorn India Ventures invests in AI, Semiconductors, SpaceTech, Robotics and frontier technologies to help ambitious founders build globally impactful companies.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Seed, Series A
  • Geography: India, United Kingdom, United States

Investor stats

  • Total investments: 125
  • Round size: Seed $250k–$2.7M; Series A $723k–$12M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely actively investing — fresh fund, raised $11M in 2026

Portfolio highlights

  • Ikin Global — Discover IKIN's smart locks for enterprises. Secure assets with our Smart GPS lock, container lock, bolt seal, and more. Enjoy live tracking and access control.
  • Qube Health — QubeHealth simplifies Employee Healthcare Benefits management for the Biggest Companies in India
  • Bioscan Research — Founder, Bioscan Research Former Scientist, Defense R&D
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Karnataka Information Technology Venture Capital Fund
VC Fund · Bangalore, Karnataka, India · 2 investments in India Medical Device startups

KITVEN Fund is a venture capital fund backed by state & central government financial institutions operating in the State of Karnataka.

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Investment focus

  • Industry: Biotechnology, Software, Manufacturing
  • Stage:Series A, Seed
  • Geography: India, United States

Investor stats

  • Total investments: 36
  • Round size: Seed $72k–$5M; Series A $277k–$3.6M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $1.6M in 2013

Portfolio highlights

  • MetaShot — As seen on Shark Tank. Immersive Cricket Console Game - Fun for the Whole Family. Now play Cricket from the comfort of your Home!
  • Fibroheal — Fibroheal Woundcare uses the biomaterial property of silk and silk protein to provide wound care management for acute, chronic, surgical, and traumatic wounds. Its products include sheets, mesh, foams, powder, and particles.
  • HRS Navigation — HRS Navigation's Surgical Navigation Systems in India are designed for precision in Cranial, Spine, and ENT surgeries with top image-guided technology.
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Keiretsu Chennai
VC Fund · Chennai, Tamil Nadu, India · 2 investments in India Medical Device startups

Keiretsu Chennai is an Investment firm.

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Investment focus

  • Industry: Manufacturing, Medical Device, Product Design
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 9
  • Round size: Seed $166k–$2.2M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Prodancy — Vizbl Surgical helmet is 40% lighter and 50% less in cost. It protects joint replacement surgeons and surgical staff from infectious fluids & bone debris.
  • MangoPoint — MangoPoint provides a sustainable, integrated value chain for mangoes with single-origin, carbide-free, chemical-free high-quality fresh mangoes, and processed mango products through sustainable farming, planet-friendly processing, and eco-friendly packaging.
  • Impensus Electronics — Impensus Electronics is dedicated to providing technologically driven IoT-based automated products as a solution for the post-harvest management problems of fruits and vegetables. IoT-based solutions for storing fruits and vegetables in cold rooms ensure an increased shelf life of the commodity, better quality, significant waste reduction, and helpin retaining the freshness of the commodity. Our ripening solutions maintain an appropriate environment for the fruits and vegetables to ripen organically according to the standards set by the FSSAI and NHB.
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Centre for Cellular and Molecular Platforms
VC Fund · Bangalore, Karnataka, India · 2 investments in India Medical Device startups

The Centre for Cellular and Molecular Platforms, or C-CAMP an initiative supported by the Department of Biotechnology, Govt of India is an enabler or catalyst of cutting-edge research and innovation in the life sciences since 2009. C-CAMP is also a member of the Bangalore Life Science Cluster (BLiSC). We facilitate Bioscience Research andEntrepreneurship by providing Research, Development, Training, and Services in state-of-the-art Technology Platforms.

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Investment focus

  • Industry: Health Care, Medical, Manufacturing
  • Stage:Seed, Grant, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 8
  • Round size: Seed $276k–$3M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Aikenist — AI-powered radiology software for faster MRI scans, PACS & RIS workflows, automated reporting, and imaging operations. FDA, CDSCO & ISO 13485 certified. Trusted in 800+ installations across 6+ countries.
  • CrisprBits — Scalable and accessible CRISPR technologies. We build intelligent molecular platforms and solutions that deliver scalable, affordable innovations in healthcare, food safety, environmental resilience, and sustainability.
  • Farmroot Agritech — Pheromone Lures | Farmroot Agritech Pvt Ltd | Karnataka
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Aarin Capital
VC Fund · Bangalore, Karnataka, India · 2 investments in India Medical Device startups

Who We Are Aarin Capital is a proprietary venture fund that invests in technology-intensive businesses in life-sciences & healthcare, education and other potentially large India-centric or India-first market opportunities. Technology and differentiation are key to the businesses that we invest in, led by passionate and driven founders. We aim to fund companies that

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Investment focus

  • Industry: Education, Biotechnology, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 39
  • Round size: Seed $220k–$12M; Series A $3M–$9M; Series B $4M–$25M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2015

Portfolio highlights

  • 88academics — 88academics (INDIA) has been established with the social objective of making quality video-based learning material available to ALL Indian students. Technology, connectivity, and social media are rapidly changing the world of Education and we wish to lead the democratization of the tuition industry in India. The current tuition options available inthe market are expensive and cater only to the upper classes leaving students from middle and lower-income families at a disadvantage. We intend to leverage technology to level the playing field.
  • Magic Crate — Magic Crate is an innovative early childhood learning company that is a pioneer and market leader in the area of discovery kits for young children. Magic Crate was set up in early 2014 by young parents from IIT, IIM, NID and Georgia Tech. as a subscription service that delivers activity boxes based on fresh new themes to their customer’s doorstepseach month.
  • Foodlink F&B Holdings India Pvt. Ltd. — FOODLINK provides catering and banquet management services.
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Unitus Ventures
VC Fund · Seattle, Washington, United States · 2 investments in India Medical Device startups

Capria Ventures Advisors LLP (fka: Unitus Ventures Advisors LLP) is a strategic partner with Capria Ventures, a leading Global South specialist venture firm,

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Investment focus

  • Industry: Education, Health Care, Software
  • Stage:Seed, Series A
  • Geography: India, Singapore, United States

Investor stats

  • Total investments: 84
  • Round size: Seed $100k–$2M; Series A $1.5M–$5M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $9.1M in 2023

Portfolio highlights

  • Eduvanz — Eduvanz is NBFC and private finance company offers low interest student, education, career, skill development loan in Mumbai, Pune, Delhi, Hyderabad and Bangalore.
  • Cusmat — We Enhance On Job Industrial Worker Performance Through Our Collaborative Physics-Realistic Logistics, Manufacturing and Mining Metaverse
  • BetterPlace — Asia's leading full-stack platform for frontline workforce management. Hire, verify, onboard, train and pay 25M+ workers across India, SEA and GCC.
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ITI Growth Opportunities Fund
VC Fund · Mumbai, Maharashtra, India · 2 investments in India Medical Device startups

At ITI Growth Opportunities, we believe that Indian startups backed by quality entrepreneurs have the power to create valuable businesses that compete on a global scale.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 39
  • Round size: Seed $201k–$2.1M; Pre-Seed $114k–$673k; Series A $4M–$12M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • ReelSaga — ReelSaga produces short films and content for mobile entertainment.
  • The Hosteller — The Hosteller creates happy memories for our travellers in 18+ different locations and continue to expand with gusto.
  • IndiGrid Technology — Indigrid Technology is an electronics design and manufacturing company
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Chiratae Ventures
VC Fund · Bangalore, Karnataka, India · 2 investments in India Medical Device startups

Chiratae Ventures India is an 18-year-old Indian technology venture capital fund advisor headquartered in Bengaluru. It has advised funds that collectively (across seven funds) have $1.3 Bn AUM, 130+ investments, 56 exits, eight Unicorns, four IPOs, and a track record of returning approximately $900 million capital to LPs in the last 13 years. It has been an early backer of companies such as Myntra, Lenskart, and FirstCry, among others.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 205
  • Round size: Seed $1M–$5M; Series A $2.5M–$9.5M; Series B $1.6M–$16M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $123M in 2022

Portfolio highlights

  • Peeko — Browse baby apparel, toys, diapers, food and everyday essentials from Peeko.
  • Vserv — Grow your business with Mobile Advertising. People-based marketing made sharper with Vserv Authentic Data. Leverage our data across multiple channels.
  • eShakti.com — We are an international fashion design company making custom clothing. Offering both style and fit customization for women size 0 through 36 is the heart of our business. eShakti believes that all women have the right to wear affordable fashion that is made for them and makes them look their absolute best.
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Sat Industries
VC Fund · Mumbai, Maharashtra, India · 2 investments in India Medical Device startups

Sat Industries is a holding company that operates in various businesses like manufacturing, education, financial services and others.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Pre-Seed, Angel
  • Geography: India, Singapore, United States

Investor stats

  • Total investments: 92
  • Round size: Seed $160k–$2.3M; Pre-Seed $154k–$1.7M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Roopya — Transform your lending operations with Roopya's AI-powered Loan Origination System (LOS) and Loan Management System (LMS) for NBFCs, banks, MFIs, and fintechs.
  • Shyft — Shyft Network is a public protocol designed to deliver meaningful user information that institutions can utilize to secure cryptocurrency while maintaining privacy.
  • SoleSearch — SoleSearch is India’s leading marketplace for limited edition and high demand Sneakers, Streetwear, Accessories and Collectibles. It connects buyers with sellers from across the country, ensuring that all items are 100% authentic and provide a safe buying experience for our users.
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Inflexor Ventures
VC Fund · Mumbai, Maharashtra, India · 2 investments in India Medical Device startups, 9 in the past 12 months

Inflexor Ventures is a technology focussed venture capital firm investing in next-generation tech backed founding teams changing the way we live and work.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Series A, Seed, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 81
  • Round size: Seed $384k–$3.5M; Series A $4.8M–$8M; Series B $6.8M–$20M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $42M in 2026

Portfolio highlights

  • Revspot — Spot, Revspot's AI growth agent, decides who to target, what to say, and where to reach them. Then it launches campaigns and qualifies every enquiry.
  • Ayati Devices — Diabetic Foot Lab / Diabetic Foot Assessment Solutions From Ayati Foot Labs, covering neuropathy, blood flow, microcirculation, & plantar pressure.
  • Butterfly Learnings — Butterfly Learnings is a Leading ABA Therapy, Speech Therapy, and Occupational Therapy Center for parents with special needs children having autism, ADHD, speech delays, down syndrome, learning disabilities & much more.
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Cipla
VC Fund · Mumbai, Maharashtra, India · 2 investments in India Medical Device startups

Built on the foundation of caring for life, Cipla ensures access to quality & affordable medicines through 1500+ products across various therapeutic categories.

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Investment focus

  • Industry: Health Care, Sales, Medical
  • Stage:Corporate Round, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • GoApptiv — GoApptiv is revolutionising the healthcare and pharmaceutical space in India with its unique 'phygital' model that provides quality healthcare access.
  • iCaltech Innovations — With more than 20 years of expertise, we are a nationwide distributor specializing in healthcare and medical device products in India. View our Pulmonary Diagnostic Device, including Antlia Pro.
  • Wellthy Therapeutics — Wellthy is a leader in providing digital care for all, working to advance health equity in all corners of the world. Discover their innovative approach to healthcare!
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BEENEXT
VC Fund · Singapore, Central Region, Singapore · 2 investments in India Medical Device startups

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.

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Investment focus

  • Industry: Software, E-Commerce, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: India, Japan, Indonesia

Investor stats

  • Total investments: 390
  • Round size: Seed $453k–$5M; Series A $2.1M–$15M; Series B $5.5M–$50M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $1M in 2023

Portfolio highlights

  • Whizzo — Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion.
  • First Coffee — Discover the best specialty coffee in India with our range of single origin Arabica beans and exclusive merchandise. Shop online at First Coffee for freshly roasted, quality blends.
  • Kita Technologies — Kita Technologies uses computer vision and vision language models to transform unstructured documents into structured underwriting data.
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Mahendra Singh
Angel · 2 investments in India Medical Device startups

Investment focus

  • Industry: mHealth, Agentic AI, Telehealth
  • Stage:Seed, Pre-Seed
  • Geography: India

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Benovymed Healthcare Group — Benovymed is the World's Top 20 & India's No:1 Most Impactful Innovation DeepTech HealthTech Global Company.Benovymed Healthcare Group is a Global Company having 9 Global Subsidiaries each of these Subsidiaries is a Global Company with a Billion $ Revenue Generating Capabilities working Globally with Highly Scalable SaaS Platformswith High Sustainable Exponential Growth profit Margins of 200% to 2000% ( just like Big Gaint Global Pharma Company) in B2B & B2B2C (working with all stakeholders Globally with Huge Tractions Customer base being created since 1993 for the last 32 years by the Founder & Group CEO on his Shoulders. Benovymed is the World's Top 20 & India's No. 1 most Impactful DeepTech HealthTech Startup MNC Global AI Health Healthcare Organisation in Revolutionising Digital Health | AI Health | Telemedicine through Disruption & Innovation. Benovymed Healthcare Group is the fastest-growing Most Impactful Startup, having grown from scratch to a Billion $ in just 8 Years, a fast-emerging future World’s No. 1 Global AI Health Unicorn company that will be in the coming Yrs with a 300 Billion $ & will be a NASDAQ / NYSE listed. We have the Billion $ Power & Capability to make this IMPOSSIBLE into POSSIBLE.Benovymed has 100+ Years of our Founders' collective DeepTech HealthTech & Hospital & R &D Innovation Medical Practices Industry experience of our Founding Leaders working in DeepTech Health Technologies in Revolutionizing Digital Health | AI Health | Telemedicine | MedIoT | MedTech through Disruption & Innovation in impacting the Lives of Billions of People Globally.Founder & Group CEO | Promoter | Board Chairman Profile: Our Founder & Group CEO | Board Chairman, Mahendra Singh, on his shoulders created the Game-Changer Next-Gen Disruptive Innovative DeepTech HealthTech Digital Health, AI Health, Telemedicine & Multispeciality MedTech including Robotics System Market since 1993 (32 Yrs) in India & globally, when no one in this Healthcare ecosystem globally truly implemented & launched these advancements of Health Technologies in the Global market. In a Hybrid Holistic approach in the Physical Onsite & Digital Technologies of Digital Health | AI Health | Telemedicine | NextGen MedTech (NextGen Robotics Surgery with AI) to benefit Billions of People & all stakeholders locally & globally.Our Founder & Group CEO, Promoter | Chief of Benovymed Global R&D & AI Health Innovation Lab, built, set up, worked & serially Invested his wealth of Multifaceted Billion $ HealthTech Domain Expertise | Business Expertise & his full-time & energy & with millions $ Investments from Ideation to current Product Tech development to Commercialisation (Medical R&D, AI Health R&D, Clinical Validations, Market R&D in demand-supply in this areas, Product Design R&D & Innovation, Market -Profit Fit Validation, Go to Market Strategy for Commercialisation to 40+ Countries Globally Including India). Powered by Benovymed Global R&D & AI Health Innovation Lab. He also founded a world-class Benovymed Global R&D & AI Health Innovation Lab to do everything right from Idea to R&D to Product - Commercialization & set up 20 Centers of Excellence (COE) in Digital Health, AI Health, & MedTech & Hospital ethical Medical Practices areas (Kindly visit our Founder & Group CEO Linkedin Profile to understand the Huge Value to invest in this Investment Opportunity).Mahendra is a 20X Serial Impact Innovation DeepTech HealthTech Global Startups Founder Entrepreneur, 15X Serial DeepTech HealthTech Global Startups CEO & 20X Serial DeepTech HealthTech Global Startups Investor for the last 32 Yrs.Mahendra is a Legendary, Visionary, Revolutionary, Passionate Serial Digital HealthTech Entrepreneur, DeepTech Startup Guru | Serial DeepTech HealthTech Founder |Serial DeepTech HealthTech Investor | & Innovator, Revolutionising Digital Health |AI Health & Telemedicine through Innovation. We are the Nvidia of Healthcare & Backbone of Healthcare for all.Mahendra is a WHO Geneva Expert Member for Digital Health, AI Health, WHO Geneva. He is working with 50+ WHO Partner countries, Govts, MOH, Hospitals & all stakeholders locally in India & globally in executions of Digital Health, AI Health, Telemedicine Innovation & Multispeciality MedTech in Women’s Health, NCD & CD in 20+ Superspeciality Medical Practices & Healthcare Management & Capacity Building in different local settings Globally. Mahendra has Billion $ Multifaceted Domain Expertise in the Next-Gen Health Technologies in Women's Health,NCD & CD Diseases Management areas Guru is: DigitalHealthDr | AIHealthDr | ClinicalDr | TelemedicineDr | MedTechDr, HealthTech Business Management Impactful Leader, Engineer, Innovator &Research Scientist to bring change in Healthcare through Science &Technology to Impact the Lives of Billions of People Globally. Mahendra has built on his Shoulders 20+ Impact Innovation DeepTech HealthTech Global Start-ups from Scratch into MNC in Digital Health | AI Health | MedTech (including Benovymed Healthcare Group with 9 Global Subsidiaries DeepTech HealthTech AI Health, Telemedicine, MedTech & Hospital Companies & including 6 Israeli DeepTech HealthTech Global Startups from scratch to Billion $ Global HealthTech Startup MNC from Concept- R&D Innovation -Product Development to Commercialization in Toughest India's Startup ecosystem locally & globally in last 32 Years.Mahendra launched in last 32 Years locally in India & Globally on his own shoulders Game-Changer Next-Gen 90 Disruptive Innovative Digital Health Technologies with 2000 Tech Products & Solns driven by cutting-edge Digital Health, AI Health, Telemedicine &MedTech, created a huge traction customer base Partner base to benefit Patients & all stakeholders globally on his own Billion$ Capabilities.Mahendra has done 60+ Clinical trials,1000 Treatment procedures in Top20 medical specialties. Mahendra has educated, Trained, & Mentored to benefit 70+ K Speciality Physician Drs locally & globally on Digital Health, AI Health, Multispeciality MedTech & Ethical Medical Practice Management, Hospitals, Clinics, Govt & all other stakeholders by creating a HealthTech Ecosystem with a Big Impact in bringing change to the Healthcare Tech Ecosystem and have done Billion $ Business on his own Shoulders locally in India & Globally for last 32 Yrs. Mahendra Singh is the Founder & Group CEO | Board Chairman of Benovymed Healthcare Group is World’s Top 30 Most Impactful Digital Health | AI Health | Telemedicine | MedTech Global Business Leader, Key Influencer, Top Gun, Multi Hat Leadership Role, An International Speaker /Eminent Panellist in Digital Health | AI Health | Telemedicine, MedIoT & MedTech Innovation, Billion $ Multifaceted Strong Capabilities( in R&D in medical, AI Health & Innovation, GTM, Strategy Leader, Business Leader, Technology leader, Dealmaker, Industry / Domain Expert) working with all stakeholders in 40+ Countries Governments, Hospitals, Clinics, Corporate Co, Insurance Co, Pharma Co, Large Communities Globally including India.Benovymed Healthcare Group is Fundraising now Growth Equity Fund of 50 Million USD. Our Benovymed Healthcare Group Global Company's Current Valuation is over $1 billion. But we are offering an attractive discounted Valuation on a 1st cum 1st basis to close this funding round.Please visit us to learn more about us at: www.benovymed.comIf you are a Serious Passionate Impact Innovation Investor, to INVEST now 50 million USD & in the next 5 -7 Yrs Y by Y F by F to make this Benovymed Healthcare Group 300 Billion $ Global Most Admirable, Most Respectable, Most Reliable Company in Healthcare Ecosystem with Investors exit through IPO NewYork / NASDAQ stock listed with Global Business Operation in 180 Countries) against equity in this Lifetime Investment Opportunity to Benefit all stakeholders and benefit the lives of Billions of People Globally for building the future of healthcare for Accessible | Affordable | Safe & Quality Health to All Globally.contact us at:contact@benovymed.comBenovymed Healthcare Pvt Ltd, with a Global HQ: New Delhi, India, is expanding fast Globally in 180 Countries.
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GVFL
VC Fund · Ahmedabad, Gujarat, India · 2 investments in India Medical Device startups, 12 in the past 12 months

Gujarat Venture Finance provides seed financing and growth capital to small and medium-sized companies. They concentrated on the job of giving venture financing to innovative start-ups. GVFL's approach is distinct in that it provides broad-spectrum help to its financed companies, ranging from strategic direction to governance support.

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Investment focus

  • Industry: Manufacturing, Food and Beverage, Software
  • Stage:Seed, Series A
  • Geography: India, United Kingdom

Investor stats

  • Total investments: 72
  • Round size: Seed $342k–$3M; Series A $1.4M–$11M
  • Lead/follow: 78% lead, 22% follow
  • Last fund: Likely still investing — raised $12M in 2024

Portfolio highlights

  • Ceres Foods — Ceres Foods is a direct-to-consumer brand that offers a unique solution for cooking like a professional at home. The company provides a range of food products that are gentle on the gut and can be quickly prepared. Their offerings include Thai curries and other oriental dishes, which only require heating before eating. Additionally, Ceres Foods PvtLtd offers liquid masala, a blend of spices in liquid form, allowing customers to easily add authentic, traditional Indian flavors to their dishes. The company sells its products through Amazon, offering a convenient and accessible shopping experience for its customers.
  • Antier Solutions Pvt Ltd — Founded in 2011, Antier is a global team of 700+ Web3 specialists building trusted digital infrastructures for the decentralized economy. Since pivoting to blockchain in 2017, we have advanced the intersection of trust and intelligence - developing scalable solutions across stablecoins, real-world asset tokenization, exchanges, gaming, rollups, andunified smart accounts.Today, under the philosophy ‘Trust Empowering Intelligence’, we integrate blockchain and artificial intelligence to help enterprises, institutions, and innovators move value, verify integrity, and unlock intelligence across an increasingly connected world.
  • Edgeverse India Private Limited — Edgeverse India Private Limited builds edge AI platforms focused on advanced rider assistance systems for two-wheelers and other sensor-based mobility use cases. The company offers the Imedge hardware platform, based on the Ambarella CV25 SoC, for real-time computer vision and video recording. It also provides the Perceiva perception software stackthat fuses camera, radar, and IMU data for collision prediction, hazard alerts, and other vision and radar tasks on edge devices. Its technology targets safe mobility, smart surveillance, and industrial automation applications for OEMs and Tier-1 suppliers.
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Bhupen Shah
Angel · San Francisco Bay Area, California, United States · 2 investments in India Medical Device startups

Bhupen Shah holds a Masters of Science degree in Computer Science and Electrical Engineering from the University of Michigan, Ann Arbor. He brings with him a great deal of expertise and experience.Bhupen Shah has over twenty-five years of experience in technology development, product development and engineering management in embedded digitalmedia and communication solutions at Sling Media, Emuzed, Dazzle, RealChip, Philips Semiconductors, IBM and other such heavyweights. Bhupen successfully built cost-effective India-based development organizations. He co-founded Sling Media, and as COO & VP Engineering, was instrumental in bringing award winning Slingbox products into the retail market. Sling Media was acquired by Echostar in 2007 and Bhupen currently plays the role of CTO at the same. Prior to Sling Media, Bhupen co-founded Emuzed, Inc., initially serving as COO and EVP of Engineering. His team delivered PC and embedded digital media products to worldwide tier-1 OEMs. Emuzed was then acquired by Flextronics. Bhupen was also a key contributor and VP of Software at Dazzle, the first company to deliver video capture devices to the consumer market. Dazzle was acquired by SCM Microsystems.

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Investment focus

  • Industry: Software, Big Data, Enterprise Software
  • Stage:Angel, Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 8
  • Round size: Angel $245k–$1.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tydy — From onboarding to offboarding - deliver the best Employee Experience, at scale. Tydy consolidates data from multiple systems and processes and uses artificial intelligence to send the right communication and notification to the right person at the right time.
  • ten3T — ten3T is a medical grade wearable device startup. ten3T builds a sophisticated self enclosed, real time monitoring device - a 9 cm triangular patch that the patient places on their chest - for as long as is required - from a minute to several days.
  • Locus.sh — Locus is an intelligent logistics automation and decision-making platform that comes with in-built route planning and vehicle allocation engine which improves consistency and efficiency of operations.The platform helps companies and enterprises in e-commerce, food delivery, FMCG, and other verticals to automate and optimize their logistics. Theproduct suite comprises a route deviation engine, order dispatch automation, a field user app, route optimizations, scheduling, tracking for end-customer, and predictive analytics. Offering the entire technology stack, in the form of a platform as a service.
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InvAscent
VC Fund · Port Louis, Port Louis, Mauritius · 2 investments in India Medical Device startups

InvAscent is the investment advisor to EILSF (Fund I), India Life Sciences Fund II (ILSF-II) and India Life Sciences Fund III (ILSF-III). These funds provide private equity growth capital to companies in the Indian pharmaceutical, healthcare, animal health and medtech industries. Examples of funds usage include capacity expansion, introduction ofnew products, acquisitions, etc. The typical investment size is in the range of USD 10 - 40 million over the life of the investment for a significant minority stake.

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Investment focus

  • Industry: Health Care, Manufacturing, Pharmaceutical
  • Stage:Private Equity, Series A, Seed
  • Geography: India, United States

Investor stats

  • Total investments: 26
  • Round size: Series A $600k–$9.2M; Private Equity $7.4M–$67M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: May invest from a new fund soon — raised $250M in 2019

Portfolio highlights

  • Geri Care — Geri Care: Chennais leading geriatric hospital providing compassionate, specialized care for seniors. Expert medical team, & personalized treatment plans.
  • SRV Hospital — SRV Hospital provides plastic surgery, psychiatry, pediatrics and neonatology, orthopedics, oncology, physiotherapy, neurology, nephrology, gynecology and obstetrics, general surgery-laparoscopy, gastroenterology, ent, dietetics, dermatology, pulmonary/respiratory medicine, and cardiology services.
  • Apex Hospitals — Established in year 1994, Apex became one of the first institutes in India to attain ISO 9001 under the leadership of the Managing Director, Dr S.B. Jhawar
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Aman Gupta
Angel · New Delhi, Delhi, India · 2 investments in India Medical Device startups, 13 in the past 12 months

Aman Gupta is based out of Delhi and is the Co-Founder and Director of boAt. Aman previously worked at HARMAN International as a Director of Sales. Aman Gupta attended the Indian School of Business. Aman Gupta has received the National Creator Award 2024.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, Manufacturing
  • Stage:Angel, Seed
  • Geography: India, United States

Investor stats

  • Total investments: 87
  • Round size: Seed $60k–$2.5M; Angel $41k–$344k
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • ZOFF — Discover ZOFF Foods' premium spices, masalas, seasonings, and ready-to-cook mixes. Elevate every meal with fresh, authentic flavours delivered to your doorstep.
  • Anveshan — At Anveshan, we make food products that are natural, healthy and chemical free. Anveshan provides the best quality food products through the use of technological solutions. We have cold-pressed/wood pressed oils, A2 vedic bilona ghee and super seeds for healthy diet and immunity boosting.
  • Mama Nourish — Mama Nourish is bringing back India's lost nutritious treasures as nutritious energy bars. No refined sugar nutritious bars based on grandma's recipie.
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The Blue Venture Fund
VC Fund · Chicago, Illinois, United States · 2 investments in India Medical Device startups

The Blue Venture Funds (BVF), a unique collaboration among Blue Cross Blue Shield (BCBS) companies, the Blue Cross Blue Shield Association (BCBSA) and Sandbox, is owned, governed and capitalized by participating Blue Plans and affiliates. The Funds invest in venture and growth opportunities within healthcare technology, healthcare services and clinical sciences.

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Investment focus

  • Industry: Health Care, Medical, Wellness
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 123
  • Round size: Series A $2.6M–$25M; Series B $5.5M–$36M; Series C $12M–$64M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2017

Portfolio highlights

  • Big Health — Our mission is to help millions back to good mental health. Our digital therapeutics are safe and effective non-drug alternatives for mental health.
  • Network Bio — Network Bio builds AI on the world's largest patient tissue training dataset, linked to blood samples and clinical outcomes from top US academic biobanks.
  • Origin — Get expert care for issues related to pregnancy, postpartum, menopause, and more. Easy booking for virtual and in-person visits. Yes, we take insurance!
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HealthQuad
VC Fund · Mehrauli, Delhi, India · 2 investments in India Medical Device startups

HealthQuad’s investment philosophy is to create value by empowering visionary entrepreneurs building unique solutions that have the potential to redefine the way the society prevents and treats illness. Their approach is defined by “inspired ownership” and they strive to act as a meaningful strategic partner and not just as a financial sponsor.They provide a platform where entrepreneurs can work with us to get not only the capital but also the advice, support, and tools they need to achieve their market potential. In the eyes of the entrepreneurs, they see that the breadth and depth of their expertise, their strong network and their rich ecosystem, are their raison d’être for partnering with us.

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Investment focus

  • Industry: Health Care, Medical, Wellness
  • Stage:Series B, Series A, Venture - Series Unknown
  • Geography: India

Investor stats

  • Total investments: 41
  • Round size: Series A $5M–$20M; Series B $16M–$33M; Venture - Series Unknown $2.1M–$20M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $64M in 2025

Portfolio highlights

  • ekincare — ekincare is the platform 1,000+ Indian corporates run their health benefits on - cashless OPD, mental wellness, pharmacy, claims, analytics. One stack, 2 million+ lives.
  • Beta Drugs — Beta Drugs is a drug delivery system that differentiates itself and increases patient compliance. They promote patient compliance, are simple to use, prevent dosing mistakes, and reduce drug waste. They create and market sophisticated oncology medications.
  • LifeSigns — Gain real-time insights, reduce delays, and act with confidence when every second counts from Ambulance to Hospital to Home.
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Uday Kumar Bangalore Shivaraman
Angel · Bengaluru, Karnataka, India · 2 investments in India Medical Device startups

Angel / Sophisticated Investor and Trader (Ex London Stock Exchange(LSE), Deutsche Bank, London Clearing House(LCH) ) , Invested in 60+ Startups / 4 successful exits (with Avg 20x) and counting more. (Web3 -> udaybs.ETH )Invested in following asset classes from past 2 decades across UK / India / US / Europe / -Private Equity (Seed / Growth / VC/ Acquisition / Merger) - Equity Markets - Real Estate - FX - Commodity - Bonds - Fintech, Blockchain, Crypto Market, Web3 , DeFi, NFT - Derivative Markets / Hedging / F&O / CFDGrowing Wealth in bumpy economic rides - There is no secret formula. Investment is an art. Being vigilant, dynamic, connecting dots, evaluating risk with constant change, loads of patience and visualising medium to long term.Private Equity Investments across globe in following domains / categories: - Energy - EV / Carbon Footprint - Blockchain / FinTech / AI / ML / Web3 / DeFi - D2C / B2C - Food & Beverages - Pharma - Media & Entertainment

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Series B, Equity Crowdfunding
  • Geography: United Kingdom, India, United States

Investor stats

  • Total investments: 55
  • Round size: Seed $163k–$4.9M; Series B $11M–$32M; Equity Crowdfunding $1.7M–$13M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Kohbee — Kohbee is a mobile app for Creator-Educators to run online business and create personal brand. With Kohbee you can build your website and sell live courses.
  • Agnikul — Agnikul Cosmos designs and manufactures orbital-class launch vehicles powered by 3D-printed engines. From custom payloads to affordable private launches, we make space access simple, scalable, and mission-focused.
  • Log 9 Materials — Log 9 Materials Scientific Private Limited is a graphene research and development company. At Log 9 Materials we are determined to accelerate the commercialization of graphene nanotechnology. We have just developed the first commercial product on graphene- 'Smoke-safe'. This innovative graphene based cigarette filter reduces the risk ofgetting cancer by 90%. We offer a wide range of graphene (CVD graphene, rGO) and its derivatives. We bring to you graphene as researchers and not just manufactures, so we understand the triviality of the grade of our products.
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Catamaran
VC Fund · Bengaluru, Karnataka, India · 2 investments in India Medical Device startups

Catamaran is the family office of Mr. Narayana Murthy, focused on providing growth capital to the manufacturing sector in India.

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Investment focus

  • Industry: Manufacturing, E-Commerce, Apps
  • Stage:Series A, Series B, Seed
  • Geography: India, United States, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $400k–$30M; Series A $587k–$42M; Series B $3.4M–$19M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Matel Motion — Matel Motion is a pioneer in energy-efficient IE5 motors, advanced EV powertrain solutions, and sustainable technology for industries and electric vehicles.
  • Ace Creative Learning — ACECL.com is a sleek, powerful domain that exudes confidence and innovation. With only 5 letters and 2 syllables, its short, memorable, and perfect for any modern startup. The name suggests excellence, leadership, and a cutting-edge approac
  • Manipal Global Education Services — Manipal Global Education Services is a leading international provider of quality business and marketing solutions in higher education. Our services help
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Reliance Venture Asset Management
VC Fund · Mumbai, Maharashtra, India · 2 investments in India Medical Device startups

Reliance Venture Asset Management is India’s leading corporate venture capital firm pioneering the new wave of strategic investment and creating a winning ecosystem. The firm was launched in 2006 with an investment mandate to invest in and incubate new business ideas in emerging and high-growth sectors across the globe. Reliance Venture seeks topartner with promising technology, media & entertainment, telecom, infrastructure, clean technology and mass consumption driven sectors worldwide. While financial return is imperative, the greater mission is to spur innovation and inspire the entrepreneurial spirit to thrive: to build a smarter future.

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Investment focus

  • Industry: Energy, Rental, Hospital
  • Stage:Series A, Series B, Debt Financing
  • Geography: India

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Zoomcar — Zoomcar offers the best car rental options for stress-free travel. Explore our top-quality vehicles and book your ride today.
  • Healthspring — Healthspring is a personalized healthcare services venture based in Mumbai, India. The company operates a chain of primary healthcare clinics in India.
  • Sterling And Wilson — Sterling and Wilson Private Limited, and was subsequently demerged in 2017.
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Navam Capital
VC Fund · Calcutta Bagh Bazar, West Bengal, India · 2 investments in India Medical Device startups

Navam Capital is a venture capital investment firm focused on making seed and early-stage investments in frontier technology and science-driven innovation.

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Investment focus

  • Industry: Manufacturing, Health Care, Biotechnology
  • Stage:Seed, Series A, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $120k–$5.4M; Series A $1.9M–$26M; Series B $8M–$28M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: Likely actively investing — fresh fund, raised $34M in 2026

Portfolio highlights

  • GalaxEye — GalaxEye enables businesses to make better Decisions & perform operations efficiently via Space Technology.
  • Octobotics — Octobotics Tech, a robotics leader in maritime and oil & gas, employs AI and robotics for innovative inspection and maintenance solutions. Our services minimize human risks, excel in efficient maintenance, and offer tailored solutions. Committed to safety and cost-effectiveness, we optimize processes for enhanced asset performance, aiming to revolutionize industry practices with premier robotic solutions for safer, more efficient, and sustainable operations.
  • Morphing Machines — This is the landing page for the Morphing Machines website showcasing its silicon chip, REDEFINE.
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Ikuto Higashi
Angel · Tokyo, Tokyo, Japan · 2 investments in India Medical Device startups

Ikuto Higashi

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Investment focus

  • Industry: Health Care, Medical Device, B2B
  • Stage:Seed, Angel
  • Geography: India

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • ten3T — ten3T is a medical grade wearable device startup. ten3T builds a sophisticated self enclosed, real time monitoring device - a 9 cm triangular patch that the patient places on their chest - for as long as is required - from a minute to several days.
  • Medikabazaar — Medikabazaar is an online B2B marketspace for medical supplies and equipment. The company is a single point of contact for all product-based needs, enabling medical institutions and individual practitioners alike to cut down on operational costs and making the best global brands available locally, all aided with the miracle that goes by the name oftechnology. Medikabazaar is connected with more than 50,000 medical establishments, 1,50,000 Independent Practitioners, and have partnered with 13,000+ suppliers all over India including ones in Tier 2, Tier 3 cities, and remoter locations to establish a strong foothold in India.With the power of technology, Medikabazaar organized a haywire market in a country with perhaps the largest and most complex geographical structure in the world for this purpose. Medikabazaar's last-mile delivery system and 26 strategically placed Fulfilment Centers across India enable the company to deliver essential medical supplies to healthcare facilities and help them nurture quality and timely patient care.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Beyond Capital
VC Fund · New York, New York, United States · 2 investments in India Medical Device startups

Beyond Capital Fund is an evergreen impact investment fund that invests in for-profit, early-stage companies in East Africa and India. The fund invests in companies that aim to improve access to health care, sanitation, clean energy, agriculture and food security, and financial inclusion, all of which can help consumers at the bottom of theeconomic pyramid live better lives. Despite the fact that the fund seeks market-rate financial returns, Beyond Capital is structured as a nonprofit, allowing the organization to emphasize fidelity to its social mission alongside its financial mandate.Beyond Capital, headquartered in New York, was established in 2009.

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Investment focus

  • Industry: Health Care, Financial Services, Medical Device
  • Stage:Seed, Series B, Pre-Seed
  • Geography: India, United States, China

Investor stats

  • Total investments: 28
  • Round size: Seed $50k–$4M; Pre-Seed $800k–$1.5M; Series B $20M–$224M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $1.3M in 2021

Portfolio highlights

  • Wellth — Improve quality scores, reduce high cost utilization, address health equity, and improve member satisfaction by using the right incentive at the right time to create life-changing healthy habits through Wellth.
  • Floworks AI — Deploy AI agents that prospect, personalise emails, handle replies and book meetings 24/7. Floworks AI replaces repetitive SDR work so your team closes more deals.
  • Haqdarshak — Made with Framer
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Somerset Indus Capital Partners
VC Fund · Port Louis, Port Louis, Mauritius · 2 investments in India Medical Device startups

Somerset Indus Capital Partners seeks to make private equity and equity-related investments primarily in growth-oriented healthcare companies in India. Somerset is led by Avinash Kenkare on the offshore fund side, a private equity professional with eighteen years of successful investing experience in over fifteen transactions, and duly assisted byMayur Sirdesai on domestic fund side, a healthcare professional with over twenty years of experience in the Indian Pharma/ Healthcare Industry with both private equity, operational and consulting services related experience.

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Investment focus

  • Industry: Health Care, Medical, Manufacturing
  • Stage:Private Equity, Series A
  • Geography: India

Investor stats

  • Total investments: 15
  • Round size: Private Equity $14M–$17M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • NU HOSPITALS — NU HOSPITALS is a hospital chain that provides treatment services in nephrology, urology, radiodiagnosis, andrology, and IVF.
  • Cyrix Healthcare — Cyrix Healthcare provides high-quality, affordable medical technology, multi-vendor maintenance solutions, training, and biomedical services across India and beyond.
  • Genworks — GenWorks is no1 medical solution provider in India providing digital healthcare solutions and, we are providing healthcare training solutions in India.
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Puneet Agarwal
Angel · Palo Alto, California, United States · 1 investments in India Medical Device startups

Puneet Agarwal is a Partner at True Ventures.

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Investment focus

  • Industry: Software, Artificial Intelligence, Enterprise Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 77
  • Round size: Seed $1M–$8.4M; Series A $1.7M–$16M; Series B $3M–$30M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Neosec — Neosec API software is the intelligent way to protect your APIs from business abuse and data theft. Try our API Security platform now.
  • ChatSee — ChatSee develops AI agent observability and reliability software for enterprise customers.
  • Wysa — Use Wysa to vent or just talk through negative thoughts and emotions. Let it help you cope with pandemic anxiety and lockdowns. It is anonymous, safe and free.
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Indian Scientific Innovation Company
VC Fund · 1 investments in India Medical Device startups

Indian Scientific Innovation Company

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Investment focus

  • Industry: Medical, Health Care, Life Science
  • Stage:Seed
  • Geography: India

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Ykrita Life Sciences — YLS is developing a bio-medical device: Bio-engineered Artificial Ectopic Liver (BAEL), aimed at helping clinicians to treat patients suffering from liver failure while eliminating the need for an organ transplant, hospitalization, and exorbitant expenditure on the treatment.
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Keiretsu Forum
VC Fund · San Francisco, California, United States · 1 investments in India Medical Device startups

Keiretsu Forum is a global angel investor network with more than 2,500 accredited investor members throughout 47 chapters on 3 continents.

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Investment focus

  • Industry: Health Care, Software, Biotechnology
  • Stage:Seed, Series A
  • Geography: United States, India, Turkey

Investor stats

  • Total investments: 374
  • Round size: Seed $102k–$3M; Series A $600k–$8.6M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2015

Portfolio highlights

  • Bliss — Skip long waitlists and expensive therapy. Book licensed online therapists in multiple languages with culturally informed care.
  • BatteryPool — BatteryPool offers battery charging solutions for EV fleets and commercial vehicles.
  • Apriority Financial — Apriority Financial is a debt optimization platform that manages and optimizes employee personal debt.
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Sukhbir Singh
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in India Medical Device startups

Sukhbir Singh

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Pre-Seed, Angel
  • Geography: India, United States

Investor stats

  • Total investments: 14
  • Round size: Seed $100k–$1.5M; Pre-Seed $100k–$200k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • eBikeGo — eBikeGo allows users to move quickly, and in style. We aim to make world class electric mobility solutions that transform how people move. We are driven towards creating a suite of customer-centric electric mobility solutions empowering people to seize not just the moment, but the future.
  • ReDesyn — Customize and sell premium products, printed and shipped on demand, under your brand!
  • Fitspire — India's Best Vegan Health Supplement Brand. Shop 100% Authentic & Premium Vegan health supplements, plant-based protein powder & more online on Fitspire.
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Sunil Kalra
Angel · New Delhi, Delhi, India · 1 investments in India Medical Device startups

Sunil Kalra - Managing Director @ Via Projects

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Investment focus

  • Industry: Financial Services, Apps, FinTech
  • Stage:Seed, Angel, Series B
  • Geography: India, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $300k–$7M; Angel $245k–$632k
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Chargeup — Empowering drivers, NBFCs, and OEMs through AI-driven financing and asset management solutions for India's EV ecosystem.
  • Medikabazaar — Medikabazaar is an online B2B marketspace for medical supplies and equipment. The company is a single point of contact for all product-based needs, enabling medical institutions and individual practitioners alike to cut down on operational costs and making the best global brands available locally, all aided with the miracle that goes by the name oftechnology. Medikabazaar is connected with more than 50,000 medical establishments, 1,50,000 Independent Practitioners, and have partnered with 13,000+ suppliers all over India including ones in Tier 2, Tier 3 cities, and remoter locations to establish a strong foothold in India.With the power of technology, Medikabazaar organized a haywire market in a country with perhaps the largest and most complex geographical structure in the world for this purpose. Medikabazaar's last-mile delivery system and 26 strategically placed Fulfilment Centers across India enable the company to deliver essential medical supplies to healthcare facilities and help them nurture quality and timely patient care.
  • Pepper Farms — Pepper Farms is an agritech startup that helps farmers in organizing the vegetable production lifecycle by building a network of farms with end-to-end virtual management, customized agronomy, and direct market linkages.
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Riso Capital
VC Fund · Saratoga, California, United States · 1 investments in India Medical Device startups

Riso Capital invests in, & helps bring the best & brightest start-ups in India to a global market.

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Investment focus

  • Industry: Software, SaaS, Logistics
  • Stage:Seed, Series A
  • Geography: India, United States

Investor stats

  • Total investments: 20
  • Round size: Seed $545k–$2.8M; Series A $3.2M–$9M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • 6Degree — 6Degree is India’s first integrated fashion retail and services platform which provides end-to-end B2B SaaS solutions through an omni channel model. The platform has over 15,000 fashion professionals, nearly 50 multi-brand retail stores and has served over 500 fashion brands.Headquartered in Bangalore, India, 6Degree was founded in 2015 by AmitBhardwaj and Nikhil Hegde.
  • Spintly — Spintly is a wireless cloud-based access control platform which enables users to access doors using their smartphones and eliminates more than 95% of access control cabling in buildings. Current Access control systems need extensive wiring and are bulky, occupying a ton of space in server rooms. Current access and identity management systems arenot smartphone friendly and getting data to the cloud from such systems is not trivial. Spintly cloud based smart access control system uses a wireless BLE-mesh network of access control readers to eliminate the back-end access control wiring in a building and empowers users by letting them use their smartphone as an access control device. Spintly access control system is connected to the cloud 24x7 through a wireless gateway and allows real-time monitoring of access data. Spintly offers access management solutions to Enterprises, Co-working spaces, Co-living spaces, Hospitality clients and residential communities.
  • ConsCent — Leading media platforms trust ConsCent to engage, retain and transact with millions of users and build long-term relationships
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Lavni Ventures
VC Fund · Bangalore, Karnataka, India · 1 investments in India Medical Device startups

Lavni Ventures invests in early-stage startups using innovative technologies to create scalable and sustainable social impact in the areas of health, education, energy, housing, and the environment.

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Investment focus

  • Industry: Health Care, Education, E-Learning
  • Stage:Seed, Pre-Seed
  • Geography: India, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $500k–$3M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Padcare Labs — PadCare is an unprecedented hygiene management solution that completes the loop of menstrual hygiene economy by generating harmless, recyclable output out of soiled pads.
  • Monitra Healthcare — Monitra Healthcare is a Hyderabad based med-tech company developing solutions that capture cardiac events anytime anywhere. Our products detect cardiac arrhythmias and cardiovascular disease at real-time for pre-emptive treatments. Cardiac monitoring is widely used to identify heart disease, to monitor cardiac activity before and after surgery andother cardiac procedures, and to assess the effects of therapeutic drugs on cardiac activity. The Company’s vision is to dramatically reduce the effects of heart disease by making monitoring and pre-emptive cardiac care a seamless part of everyday life.
  • Vidcare Innovations — At Vidcare, we are developing a breakthrough diagnostic blood test that improves healthcare accessibility for people everywhere, especially in resource-limited settings.
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Arun Venkatachalam
Angel · London, England, United Kingdom · 1 investments in India Medical Device startups

Arun Venkatachalam is an analyst at the Habrok India Fund, spun out of London-based hedge fund, Habrok Capital Management. HSBC ranked the fund as the best performing hedge fund in the world in December 2017. Venkatachalam is also an angel investor interested in the tech sector. Some of his notable investments include Indian car-sharing companyZoomcar, B2B e-commerce firm IndustryBuying, and technology-enabled lender Ziploan. He's also a part of one of the biggest family dynasties in India and continues to advise the family business, The Murugappa Group, on collaborations with technology companies.

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Investment focus

  • Industry: E-Commerce, Marketplace, B2B
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India

Investor stats

  • Total investments: 17
  • Round size: Seed $587k–$5.7M; Pre-Seed $506k–$1.1M; Series A $3.7M–$22M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Recykal — Recykal is a digital technology company powering a marketplace, building Saas, cloud based solutions for Waste management, recycling industry. Recykal also provides technology solutions for smart cities, municipal corporations and EPR services to FMCG, electronics companies
  • Vegapay — Embrace the future of banking | Build & launch banking products at rapid speed
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Medical Device Investor funding in India at a glance

Stats across 343 deals from 373 investors.

373
investors
in India Medical Device startups
343
deals
in India Medical Device startups
$1M
median round
in India Medical Device startups
45%
lead investors
lead at least one round
35%
Seed
most common funding stage
83/17
VC / Angel
share of investor count

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