TBD has pledged support of ₹3.94 Crores out of the total project cost of ₹7.89 Crores to Pune-based Noccarc for its indigenously developed technology innovation.
Incubated at the Startup Incubation and Innovation Centre (SIIC) of the IIT-Kanpur, Noccarc has indigenously developed the entire technology, with several patents filed for each component, of the ventilator. The company's entry-level ventilator, V310, played a critical role during the COVID-19 pandemic, being deployed in diverse hospitals across India, where it became instrumental in saving lives.
Noccarc V730i |
Building on this success, Noccarc is now launching the Noccarc V730i, which is a smart ventilator. V730i allows seamless connectivity to the cloud via GSM, Wi-Fi, and LAN, allowing doctors and intensive care specialists to remotely monitor the patient data on Noccarc’s digital platform, and will also enable hospitals to digitize their ICU data and workflows.
This initiative is aligned with the Government's push towards creating a self-reliant India in the medical devices sector.
Founded in 2017, by IIT Kanpur graduates – Harshit Rathore and Nikhil Kurele, Noccarc (Formerly Nocca Robotics) is a medical device start-up company at the forefront of healthcare innovation. Its smart medical devices are just the beginning of our mission to transform the healthcare industry through technology.
In September 2019, Noccarc had raised INR 12.4 crore from IAN Fund and Indian Angel Network.
Speaking on this occasion, the Founders of Noccarc, Nikhil Kurele, and Harshit Rathore, expressed that the support and assistance from TDB would propel the company in its quest for technological indigenization across India's healthcare sector. They emphasized that Noccarc's endeavours would contribute significantly to the Atmanirbhar Bharat initiatives of the Government, setting a precedent for innovation and self-reliance in the field of medical technology.
Rajesh Kumar Pathak, Secretary, TDB said that, “Noccarc's innovations in advanced medical technology are a testament to India's capabilities in developing advanced solutions that cater to the needs of domestic healthcare facilities. M/s Noccarc focuses on commercializing Digitally Enabled Advanced Universal ICU Ventilators, which are expected to revolutionize the critical care industry. The company's manufacturing site in Pune is a symbol of the realization of digitally-enabled healthcare devices made in India, which have immense potential in export markets too.”
This initiative is aligned with the Government's push towards creating a self-reliant India in the medical devices sector.
Founded in 2017, by IIT Kanpur graduates – Harshit Rathore and Nikhil Kurele, Noccarc (Formerly Nocca Robotics) is a medical device start-up company at the forefront of healthcare innovation. Its smart medical devices are just the beginning of our mission to transform the healthcare industry through technology.
In September 2019, Noccarc had raised INR 12.4 crore from IAN Fund and Indian Angel Network.
Speaking on this occasion, the Founders of Noccarc, Nikhil Kurele, and Harshit Rathore, expressed that the support and assistance from TDB would propel the company in its quest for technological indigenization across India's healthcare sector. They emphasized that Noccarc's endeavours would contribute significantly to the Atmanirbhar Bharat initiatives of the Government, setting a precedent for innovation and self-reliance in the field of medical technology.
Rajesh Kumar Pathak, Secretary, TDB said that, “Noccarc's innovations in advanced medical technology are a testament to India's capabilities in developing advanced solutions that cater to the needs of domestic healthcare facilities. M/s Noccarc focuses on commercializing Digitally Enabled Advanced Universal ICU Ventilators, which are expected to revolutionize the critical care industry. The company's manufacturing site in Pune is a symbol of the realization of digitally-enabled healthcare devices made in India, which have immense potential in export markets too.”
Notably, more than 85% of medical devices in India are imported, the push towards indigenously developed products is thus become more critical. The Government of India, under its "Make in India" initiative and a renewed focus on digitization across all sectors, including healthcare, is driving a robust ecosystem for homegrown Innovations like that of Noccarc.
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