Team Startupcity

• Indian medtech startup secures funding led by GVFL, Physis Capital, Sathguru Catalysers, India EXIM Bank, and KITVEN to boost global expansion and innovation.
• Funds to drive manufacturing scale-up and advancement of its easyNav platform India’s first surgical navigation system integrated with OR infrastructure.
• With over 20,000 surgeries enabled, HRS aims to make advanced navigation accessible worldwide, strengthening India’s position in high-end medtech innovation.

Indian medtech startup HRS Navigation has raised $5 million in a pre-Series A funding round led by GVFL, Physis Capital, Sathguru Catalysers, India EXIM Bank and KITVEN. The new capital raised will be used to accelerate product innovation, expand in the global marketplace, allowing HRS to scale its manufacturing and further develop next-generation navigation.

HRS Navigation was founded by Arpit Paliwal and Shweta Paliwal, with the aim of designing and manufacturing surgical navigation systems to empower surgeons to perform complex cranial, spine & ENT surgeries.

It has come up with the easyNav platform, which it claims is India's first navigation system that integrates with existing operating room infrastructure. With easyNav, the company has opened up surgical navigation for both small and large hospitals by making leading-edge navigation technology accessible for hospitals. The easyNav system has already supported over 20,000 surgeries, guiding surgeons toward more precise and confident execution.

"Our mission is to make advanced surgical navigation accessible to every hospital and surgeon, so that patients across India and beyond can benefit from precision surgery", said Arpit Paliwal, Founder and Director of HRS Navigation.

With this investment, we are strengthening not only our ability to innovate and expand internationally but also showcasing India's capability in developing world-class medtech solutions.

"HRS Navigation represents the deep-tech, impact-driven type of innovation that will shape the future of medtech in India", said Mihir Joshi, Managing Director of GVFL.

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By building globally competitive navigation platforms, HRS is helping India emerge as a reliable exporter of high-end surgical technologies while improving access to precision surgery across the country.

Vinay Bansal, Partner at Physis Capital, said, “HRS Navigation epitomizes the innovation edge coming out of India globally competitive technology, engineered with smart design and efficiency, solving critical healthcare challenges. We are excited to partner with a team that is building scalable Medtech from India for the world".

"What really excites us is the relevance of the HRS platform to improve health outcomes and make healthcare accessible, not only in the fast-growing Indian market but also its potential to transform healthcare in other LMICs", said Vijayaraghavan Kannan, Partner at Sathguru Catalysers.