Funding · Healthcare & Life Sciences
Pulse raises $4 Mn in seed funding to build full-stack medical equipment brand
By Startup Enthusiast ·
- Date
- Company
- Pulse
- What it does
- medical equipment manufacturing
- Kind
- Funding
- Amount
- $4 Mn
- Stage
- seed
- Founded
- 2025
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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