Noccarc’s funding round also saw participation from Hero Enterprises chairman Sunil Munjal, IIT Kanpur, SIDBI, and Technology Development Board
The medtech startup will use the fresh capital to fuel research and development, increase market penetration, and set up sales and distribution network
Noccarc manufactures smart critical care medical equipment, like ICU ventilators and patient monitors, and also provides a digital platform to doctors
Medtech startup Noccarc raised $2 Mn (about INR 16.6 Cr) in a funding round led by the Indian Angel Network (IAN).
The funding round also saw participation from Hero Enterprises chairman Sunil Munjal, IIT Kanpur, Small Industries Development Bank of India (SIDBI), and Technology Development Board (TDB).