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Funding · Healthcare & Life Sciences

Pulse raises $4 Mn in seed funding to build full-stack medical equipment brand

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Date
Company
Pulse
What it does
medical equipment manufacturing
Kind
Funding
Amount
$4 Mn
Stage
seed
Founded
2025
Sector
Healthcare & Life Sciences

What they do

Pulse is a Bengaluru-based startup that designs, sources, and delivers affordable, globally compliant medical equipment by partnering with Indian MSMEs

What happened

The $4 Mn seed round led by 3one4 Capital will be used to set up an R&D hub, speed up product development, obtain regulatory approvals, and expand…

Why it matters

The startup aims to target mid-tier hospitals in India initially, with plans to expand into larger hospitals and international markets over time

The details

  • Pulse, a Bengaluru-based medical equipment startup, raised $4 million in a seed funding round led by 3one4 Capital.
  • The round also saw participation from Incubate Fund Asia, Stride Ventures, and angel investors including founders of Blackbuck and Agrizy.
  • The company plans to use the funds to establish an R&D hub, accelerate product development, secure regulatory approvals, and expand its distribution network across India and select export markets.
  • Founded in 2025 by Anshul Sharma and Nishant Goel, Pulse operates as a full-stack medical equipment manufacturing company.
  • It partners with Indian MSMEs to manufacture medical equipment while handling product design, quality systems, and regulatory compliance.

The bigger picture

  • India's medical devices industry is expected to grow to $50.1 Bn by 2030, with a 26.9% CAGR, according to Rubix Industry Insight.
  • Despite this growth, India imports nearly 80% of its medical equipment, creating a significant opportunity for domestic manufacturers like Pulse.
  • The global medical devices market is estimated to be worth over $550 billion, highlighting the scale of demand for reliable and affordable equipment worldwide.

About the business

  • Pulse is a full-stack medical equipment manufacturing company that designs, sources, and delivers affordable, globally compliant medical equipment and consumables.
  • It partners with Indian MSMEs to manufacture medical equipment, while it takes care of product design, quality systems, and regulatory compliance.
  • The startup currently works with nearly 20 MSMEs across Delhi NCR, Jammu, Gujarat, Kolkata, and Mumbai.
  • It focuses on low- and mid-complexity medical equipment and consumables, such as blood tubing sets and anaesthesia machines.
  • Pulse is initially targeting mid-tier hospitals with 50-200 beds across India, offering products in critical care and renal care categories.
  • The company plans to expand into larger hospitals and corporate hospital chains while broadening its product portfolio across additional medical specialties.

What happens next

  • Pulse plans to expand its distribution network across India and select export markets.
  • The company aims to target larger hospitals and corporate hospital chains in the future.
  • It intends to broaden its product portfolio across additional medical specialties.

The deal

Type
funding

Investors

  • 3one4 Capital (lead) — Venture capital firm focused on early-stage startups.
  • Incubate Fund Asia (participated) — Venture capital firm supporting Indian startups.
  • Stride Ventures (participated) — Venture capital firm investing in scalable tech startups.
  • Blackbuck founders (angel) — Founders of the logistics startup Blackbuck.
  • Agrizy founders (angel) — Founders of the agritech startup Agrizy.

Founders

  • Anshul Sharma, co-founder
  • Nishant Goel, co-founder

About Pulse

Product
full-stack medical equipment manufacturing company that designs, sources, and delivers affordable, globally compliant medical equipment and consumables
Customers
Hospitals, clinics, and healthcare distributors in domestic and international markets.
How it makes money
Sells proprietary and partner-manufactured medical equipment and consumables directly and via distribution networks.
What sets it apart
Asset-light model partnering with Indian MSMEs while managing product design, quality systems, and regulatory certifications.

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