VC Fund Investments
Medical devices startup Noccarc raises $2-M
Pune-headquartered medical devices startup Noccarc has raised USD 2 million in a round led by Indian Angel Network (IAN) with participation from Hero Enterprises (led by Sunil Munjal), IIT Kanpur, SIDBI and TDB (Technology Development Board).The proceeds will be used to ramp up Noccarc’s growth, expand its product portfolio, fuel R&D initiatives, facilitate market penetration, strengthen customer support, and set up sales and distribution networks across major cities.Founded by Harshit Rathore, Noccarc develops and manufactures high value critical care medical equipment, such as ICU ventilators and patient monitors. Additionally, the firm offers a digital platform empowering doctors to access device data remotely, digitise records.
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