One of the fastest-growing startups in India specializes in developing smart critical care devices like ICU Ventilators for critical care; Noccarc has raised $2 million in a new funding round led by IAN (Indian Angel Network). Also the round registered contribution from IIT Kanpur, SIDBI (Small Industries Development Bank of India) and TDB (Technology Development Board).

In addition, the funding round greeted Sunil Munjal, the Chairman of Hero Enterprises as a notable investor.

The income will be utilized for slope up the growth of the startup and fosters to expand its product portfolio. According to the company, the funding round is anticipated to fuel research & development initiatives, assist market penetration, build up customer support and systemize the sales & distribution networks across the major cities of India.

Established by Harshit Rathore, Noccarc presently develops & manufactures high-tech medical devices and offers a digital platform for equipping the doctors to access device data remotely, digitize records. Furthermore, the company plans to amalgamate AI-powered health care services in the future.

Noccarc has a well-built & well-equipped Research & Development unit & holding huge plans to generate a various array of products in critical care. Currently Noccarc seizes seven patents, with 19 additional patents registered for its innovative technologies. Also, the company has recently obtained a license from CDSCO (Central Drug Standard Control Organization) which permits them to develop and sell the regulated products in India.