January 29, 2025
SVASTEK Secures Seed Funding! ๐
Delhi-based medtech startup SVASTEK, founded by Arita Abrol in 2022, has raised Rs 2 crore in seed funding, led by IAN Angel Fund.
This funding will help launch their innovative ALLTIP-enabled NIV mask across India, build a distributor network, expand their clinical application team, and increase awareness through medical conferences.
SVASTEK’s ALLTIP Technology-enabled NIV mask offers continuous non-invasive ventilation and simultaneous nutrition delivery, improving clinical outcomes for long-term respiratory support patients.
With the respiratory and critical care market is growing, SVASTEK aims to lead with innovative, affordable, and accessible solutions in healthcare.
Congratulations to the SVASTEK team! ๐
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