Summary for
Healthcare - Medical Devices
Summary for Healthcare - Medical Devices

Only DPIIT Recognized Startups

Incubators

44

Startups

236

Total Investment

₹16.30B

+ 18.31 %
last 12 mos

Total Loan

₹1.48B

Total Jobs

1.01K

Aggregate Revenue

₹962.58M

 FY25 
47 startups

Aggregate Valuation

₹16.04B

Total Realised Value

-

Unicorns

2

IPOs

-

Startup Patents

628

Startup Landscape in India

Startups Incorporated

2016201820202022202405101520253035
Year of IncorporationNo. of Startups

Sectors of Startups

Investment from Equity Funding

201620182020202220240500100015002000250030003500
Amount (in ₹ Million)

Aggregate Startup Revenues

FY16FY18FY20FY22FY240500100015002000
Amount (in ₹ Million)

Capital from Debt Funding

20162018202020222024050100150200250300350400450
Amount (in ₹ Million)

Startups by Age

< 11 - 33 - 55 - 77 - 10≥ 100102030405060708090
Age of the Startup (Years)No. of Startups

Startups by Funding Stage

Pre-SeedSeedSeries ASeries BSeries CSeries D& aboveIPO051015202530
No. of Startups

Comparative View of States

Sl No. State Startups Till Date Women Founded Startups Total Incubators Funded Startups % Funded Startups Aggregate Funding Loan Funded Startups % Loan Funded Startups Aggregate Loan Funding Govt. Funds Debt Funds Angels VCs Last 3 Year Incorporation CAGR
1 Karnataka 65 25 7 40 61.54% ₹11.63B 13 20.00% ₹886.96M — — — — 1.05%
2 Maharashtra 52 24 3 30 57.69% ₹1.81B 4 7.69% ₹14.01M — — — — 0.65%
3 Tamil Nadu 28 10 10 23 82.14% ₹586.88M 4 14.29% ₹252.86M — — — — 1.22%
4 Telangana 24 11 6 13 54.17% ₹472.31M 3 12.50% ₹4.75M — — — — 1.43%
5 Delhi 16 10 4 6 37.50% ₹113.40M 1 6.25% ₹18.00M — — — — —
1 - 5 out of 36 States

List of all Startups

Sl No. Startup Name Founded Year Startup Status Total Funding Latest Available Valuation Total Loan No. of Jobs No. of Patents
1 2015 Series D and above ₹4.84B ₹7.46B (2022) ₹305.00M 235 26
2 2024 Seed ₹3.59B — — 52 —
3 2010 Series D and above ₹901.28M ₹3.39B (2020) ₹275.45M 172 32
4 2010 Series D and above ₹788.27M — ₹42.62M 80 3
5 2008 Series D and above ₹419.54M ₹393.00M (2017) — 57 2
1 - 5 out of 236 Startups

List of all Incubators

Sl No. Incubator Name No. of Startups
Supported
Startups Supported
1 50 AKAC Healthcare, AKSHIVA INNOVATIONS and 48 more
2 58 A3 REMOTE MONITORING TECHNOLOGIES, AYATA INTELLIGENCE and 56 more
3 37 ARTA ORTHO REMEDIES, Airvue and 35 more
4 25 5fing3rs, AUDIABLE and 23 more
5 18 Arcapsis, Auticare and 16 more
1 - 5 out of 44 Incubators

Govt. Funds which supported Startups

Sl No. Govt. Fund Name No. of Startups Supported Startups Supported
1 43 ACCELERD SCIENCES (in 2022), Acuradyne (in 2017) and 41 more
2 36 ACCORD INNOVATIONS PRIVATE LIMITED (in 2022), AVINYA NEUROTECH (in 2023) and 34 more
3 19 ACCELERD SCIENCES (in 2022), AVINYA NEUROTECH (in 2023) and 17 more
4 14 ACCORD INNOVATIONS PRIVATE LIMITED (in 2022), AUTOYOS (in 2025) and 12 more
5 13 Bagmo (in 2023), Comofi Medtech (in 2023) and 11 more
1 - 5 out of 36 Govt. Funds

Banks & FIs which supported Startups

Sl No. Bank / Financing Institution Name No. of Startups Supported Startups Supported
1 7 Alfaleus (in 2022), Althion (in 2024, 2021) and 5 more
2 6 Bioscan Research (in 2024), HEKA MEDICALS (in 2025, 2021) and 4 more
3 5 AGADA MEDICAL TECHNOLOGIES (in 2012), ALFA CORPUSCLES PVT LTD (in 2014) and 3 more
4 3 Fibroheal (in 2025, 2023), Forus Health (in 2023) and 1 more
5 3 Janitri (in 2025), PathShodh (in 2024, 2023) and 1 more
1 - 5 out of 22 Debt. Funds

Angels who invested in Startups

Sl No. Angel Name No. of Startups
Invested
Startups Invested
1 3 AyuSynk (in 2023), Janitri (in 2023) and 1 more
2 2 Kozhnosys (in 2019), SERIGEN (in 2022)
3 2 Cutting Edge Medical Devices (in 2021), INNACCEL (in 2021)
4 1 AGATSA (in 2019)
5 1 AGATSA (in 2019)
1 - 5 out of 134 Angels

VCs who invested in Startups

Sl No. VC Name No. of Startups
Invested
Startups Invested
1 7 AGATSA (in 2019), Cyclops MedTech (in 2020) and 5 more
2 4 Backyard Creators (in 2024), DVerse Innovation Labs (in 2024) and 2 more
3 4 CRIMSON HEALTHCARE (in 2020), Flexmotiv (in 2022) and 2 more
4 4 Babycue (in 2024), Pragmatech Healthcare Solutions (in 2022) and 2 more
5 4 Adiuvo Diagnostics (in 2017), BeAble Health (in 2021) and 2 more
1 - 5 out of 125 VCs
disclaimer
Information provided here has been integrated and curated from multiple public as well as proprietary sources. All efforts have been taken to make it accurate and complete.
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