About Fupro Innovation
Fupro Innovation is a Healthcare company based in Mohali (India) founded in 2018 by Harish Bansal. It develops and produces innovative prosthetics and assistive devices for healthcare applications. It operates on a B2B and D2C model. Fupro Innovation has raised $69.38 thousand across 1 funding round from investors including Ritesh Agarwal, Namita Thapar and Aman Gupta. The company has 20 employees. Its Indian entity Fupro Innovation Private Limited reported revenue of ₹2.52 Cr. Fupro Innovation offers products and services including Pedlin Foam, Grace Foot, Above Knee Kit, and Clubfoot Brace. Its focus areas include Medical Tech, Prosthetics and Assistive Devices.
Company details
Fupro specializes in designing, developing, and manufacturing advanced prosthetics and assistive devices that combine technology with comfort and durability. Based in Mohali, India, the company offers products like prosthetic feet, foam cosmeses, and kits for various needs, serving clinics and individuals globally. Their focus is on affordable, innovative solutions through lean management and robust design processes, aiming to impact lives through ethical and high-quality medical technology.
- Headquarters Mohali, India
- Employees 20
- Founders Harish Bansal
- SectorsHealthcare
- Email••••••••
- Website fupro.in
- Social LinkedIn Instagram YouTube
- Legal Name Fupro Innovation Private Limited
- Date of Incorporation 22 May, 2018
- Jurisdiction Mohali, Punjab, India
- Annual Revenue₹2.52 Cr
FY 2024 · +14% YoY
- Net Loss-₹64.3 Lakh
FY 2024 · -26% margin
- EBITDA₹69,530
FY 2024 · 0% margin
- Total Equity Funding$69.38K (USD)
in 1 rounds
- Latest Funding Round$69.38K (USD), Angel Round
Jan 2025
- Employee Count20
Associated legal entities of Fupro Innovation
Fupro Innovation operates through Fupro Innovation Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fupro Innovation Private Limited CIN U74995PB2018PTC047944 | Active | 22 May 2018 | Mohali, Punjab | ₹2.5 Cr | 20 | 2 | View details |
Products & Services of Fupro Innovation
Fupro Innovation offers a comprehensive portfolio of products and services, including Pedlin Foam, Grace Foot, Above Knee Kit, and Clubfoot Brace.
Foam material used in prosthetic support and comfort applications.
Advanced foot prosthesis for enhanced mobility and functionality.
Comprehensive kit for above-knee prosthetic fitting and support.
Brace designed for correcting clubfoot in pediatric patients.
Apps and channels of Fupro Innovation
its YouTube channel Fupro Innovation has 876 subscribers and 4 videos.
Videos from Fupro Innovation
The most watched videos on Fupro Innovation's YouTube channel, Fupro Innovation (876 subscribers). Click a video to play it here.
More on Fupro Innovation.
Funding Insights of Fupro Innovation
Fupro Innovation has successfully raised a total of $69.38K through 1 strategic funding round. The most recent funding activity was a Angel Round of $69.38 thousand completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $69,376
- Total Rounds 1
- Last Round Angel Round — $69,376
- First Round $69,376
(Jan 2025)
- Investors Count 3
All 1 funding rounds of Fupro Innovation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $69,376 | Angel Round | – | – |
3 investors in total: 0 institutional and 3 angel.
Investors in Fupro Innovation
Fupro Innovation has secured backing from 3 investors, including angel investors. Prominent investors backing the company include Ritesh Agarwal, Namita Thapar and Aman Gupta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
RA Ritesh Agarwal | unknown_3678e7881ef647188 | |||
NT Namita Thapar | Executive Director at Emcure Pharmaceuticals, angel investor, Shark Tank India judge | unknown_5d0dabf938e44b209 | ||
AG Aman Gupta | Co-founder of boAt, Shark Tank India judge, active angel investor | unknown_bf63c04ae3934b88b |
Investor details for Fupro Innovation
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fupro Innovation Private Limited (Fupro Innovation)
Fupro Innovation Private Limited is the primary company behind Fupro Innovation. The board of Fupro Innovation Private Limited currently have 2 directors; the longest-serving is Nimish Mehra, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nimish Mehra DIN 06563835 | Director | 22 May 2018 | 8 yrs 5 mo | Fupro Innovation Private Limited |
| Ashmeet Kaur DIN 08315905 | Additional Director | 31 Dec 2018 | 7 yrs 9 mo | Fupro Innovation Private Limited |
People of Fupro Innovation
1 people are tracked at Fupro Innovation (1 in leadership); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
Harish Bansal | Founder | Leadership |
Complete people profiles for Fupro Innovation
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Fupro Innovation
Figures of Fupro Innovation Private Limited, the primary company behind Fupro Innovation, for FY 2024. Revenue was ₹2.52 Cr (+14% year on year). Net loss was -₹64.3 Lakh (-26% margin). EBITDA was ₹69,530 (0% margin). Revenue has grown at a compounded annual rate of +75% over three years.
- ₹2.52 CrRevenue · FY 2024 · +14% YoY
- -₹64.3 LakhNet loss · -26% margin
- ₹69,530EBITDA · 0% margin
- ₹50 LakhPaid-up capital
- 20Employees (provident fund records)
- +75%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Fupro Innovation Private Limited are on its company page.
Detailed financial statements for Fupro Innovation
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Fupro Innovation
2 dated milestones of Fupro Innovation across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Fupro Innovation is founded.
- Funding First funding round of $69K.
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Frequently Asked Questions about Fupro Innovation
Fupro Innovation was founded in 2018 and raised its 1st funding round 7 years after it was founded.
Fupro Innovation is headquartered in Mohali, India. It is registered at Mohali, Punjab, India.
Fupro Innovation is a funded company, having raised a total of $69.38K across 1 funding round to date. The company's 1st funding round was a Angel Round of $69.38K, raised on Jan 2025.
Fupro Innovation has 20 employees.
The primary company behind Fupro Innovation, Fupro Innovation Private Limited, reported revenue of ₹2.52 Cr for FY 2024, up 14% year on year.
Fupro specializes in designing, developing, and manufacturing advanced prosthetics and assistive devices that combine technology with comfort and durability. Based in Mohali, India, the company offers products like prosthetic feet, foam cosmeses, and kits for various needs, serving clinics and individuals globally. Their focus is on affordable, innovative solutions through lean management and robust design processes, aiming to impact lives through ethical and high-quality medical technology.
Fupro Innovation offers Pedlin Foam, Grace Foot, Above Knee Kit, and Clubfoot Brace.
Fupro Innovation has 3 investors. Key investors include Ritesh Agarwal, Namita Thapar, and Aman Gupta.
Fupro Innovation operates through Fupro Innovation Private Limited.
The legal entities of Fupro Innovation currently have 2 directors, including Ashmeet Kaur, Nimish Mehra.