Funding · Healthcare & Life Sciences
Heatronics raises ₹1.8 crore seed round from Inflection Point Ventures
By Startup Enthusiast ·
- Date
- Company
- Heatronics
- What it does
- Preventive pain-management brand
- Kind
- Funding
- Amount
- ₹1.8 Cr
- Stage
- seed
- Based in
- Noida
- Founded
- late 2022
What they do
Heatronics makes medical-grade heat-therapy devices under its hCore brand for pain relief
What happened
The company raised ₹1.8 crore in a seed round led by Inflection Point Ventures
Why it matters
Revenue grew over 100% year-on-year as the firm expands its channel network
The details
- Heatronics has raised ₹1.8 crore in a seed round of funding.
- The investment was led by Inflection Point Ventures (IPV).
- Nitin Agarwal, an ex-GlobalBees executive, participated as an angel investor.
- Shivam Mishra from String Ventures also invested as an angel.
- The funds will support marketing, facility upgrades, and channel expansion.
- The company operates a fully Indian vertically integrated supply chain.
- It manufactures products at costs lower than those in China.
- Revenue increased nearly fourfold monthly with over 100% year-on-year growth.
The bigger picture
- India's OTC painkiller market is valued at approximately $2.25 billion.
- The pain-management devices market is projected to reach $336 million by 2030.
- About 60% of Indians currently self-medicate with analgesics for pain.
- The elderly population is expected to double by 2050, increasing demand.
About the business
- Heatronics sells preventive pain-management and wellness devices under the hCore brand.
- Products include 10 wired heating devices using NTC sensor technology.
- The sensors read surface temperature and adjust warmth in real-time.
- Devices feature automatic shut-off after a set time for safety.
- The company holds CDSCO Class B licensing and ISO 13485 certification.
- It also maintains BIS certification for its manufacturing processes.
- Sales channels include Amazon, Shopify D2C, Blinkit, and general trade retail.
- Manufacturing occurs at a 12,000 sq. ft. owned plant in Noida.
- The firm employs over 40 people across its operations.
What happens next
- The company plans to expand its channel network significantly.
- Heatronics intends to upgrade its manufacturing facilities further.
- Marketing and branding efforts will increase brand visibility.
The deal
- Type
- Seed Round
Investors
- Inflection Point Ventures (lead) — Venture capital firm leading the seed round.
- Nitin Agarwal (angel) — Ex-GlobalBees executive investing as an individual.
- Shivam Mishra (angel) — Investor associated with String Ventures.
Founders
- Hargun Singh Chawla, Founder & CEO
About Heatronics
- Product
- pain management startup
Other articles talking about it
Same day
- Balwaan Krishi opens South India hubs2 July 2026 · Launch
- SEDEMAC sells over one million controllers in a quarter2 July 2026 · Results
- Smartworks buys Singapore's Workstudio Spaces2 July 2026 · Acquisition · SGD 2.47 million
- Amazon India launches probe into fatal fire at partner warehouse2 July 2026 · News
- ShareChat plans $400 million IPO in FY282 July 2026 · IPO · $400 million
- FirstCry plans up to ₹300 crore stake sale in Swara Baby IPO2 July 2026 · Stake sale · ₹300 crore