HRS Navigation

Bengaluru, India Founded: 2015 • Age: 11 yrs Minicorn
Surgical navigation systems are provided for computer-assisted procedures.

About HRS Navigation

HRS Navigation is a Healthcare company based in Bengaluru (India) founded in 2015 by Arpit Paliwal. Surgical navigation systems are provided for computer-assisted procedures. HRS Navigation has raised $7.58 million across 3 funding rounds from investors including Startup Karnataka, Pro India Capital Multipliers and Gujarat Venture Finance. HRS Navigation was last valued at $9.68 million in May 2022. Its chief executive, as recorded, is Arpit Paliwal. Its Indian entity Happy Reliable Surgeries Private Limited reported revenue of ₹21.50 Cr. HRS Navigation offers products and services including easyNav™ Infinity and easyNav™ 2.0. Its focus areas include Life Sciences, Surgical Instruments and Navigation Systems.

Company details

HRS Navigation was founded in 2015 and is based in Bengaluru, India. Surgical navigation systems are supplied by the company within the medical technology sector. Computer-assisted surgery solutions are developed, with operations centered on image guidance and navigation techniques. The flagship product, easyNav, is integrated into surgical workflows to support precision. Leadership is held by Arpit Paliwal and Shweta Paliwal as co-CEOs.

Key Metrics
  • Annual Revenue
    ₹21.50 Cr

    FY 2024 · +66% YoY

  • Net Profit
    ₹85.6 Lakh

    FY 2024 · 4% margin

  • EBITDA
    ₹1.68 Cr

    FY 2024 · 8% margin

  • Total Equity Funding
    $7.58M (USD)

    in 3 rounds

  • Latest Funding Round
    $5M (USD), Seed

    Nov 2025

  • Investors

Products & Services of HRS Navigation

HRS Navigation offers a comprehensive portfolio of products and services, including easyNav™ Infinity and easyNav™ 2.0.

easyNav™ Infinity
Surgical Navigation System

A platform is designed for specific surgical needs, which is adapted to diverse hospital setups for cranial, spinal, and ENT procedures.

easyNav™ 2.0
Surgical Navigation System

A system is developed to support advanced tools for optimal procedural outcomes in cranial, spinal, and ENT surgeries.

Funding Insights of HRS Navigation

HRS Navigation has successfully raised a total of $7.58M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in November 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 $7.58M
  • Total Rounds 3
  • Last Round Seed — $5M
  • Investors Count 3

All 3 funding rounds of HRS Navigation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2025$5MSeed–Gujarat Venture Finance
–
May 2022$2.58MSeed$9.68M–
Aug 2017Grant––
Valuation history
DateValuationStage
May 2022$9.68M••••••••

Last known valuation $9.68M (May 2022). 3 investors in total: 3 institutional.

Investors in HRS Navigation

HRS Navigation has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Startup Karnataka, Pro India Capital Multipliers and Gujarat Venture Finance.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital investments are made in Indian startups across multiple sectors.
gvfl.com
proindiacapitalmultipliers.tcc.mode
Support for startups in Karnataka is delivered through policies, funding, and networking services.
2004missionstartupkarnataka.orgBengaluru, India
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Investor details for HRS Navigation

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 Happy Reliable Surgeries Private Limited (HRS Navigation)

Happy Reliable Surgeries Private Limited is the primary company behind HRS Navigation. The board of Happy Reliable Surgeries Private Limited currently have 5 directors; the longest-serving is Shweta Paliwal, appointed in 2015. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shweta Paliwal
DIN 07845032
Nominee01 Jan 201511 yrs 9 moHappy Reliable Surgeries Private Limited
Arpit Paliwal
DIN 07026679
Director01 Jan 201511 yrs 9 moHappy Reliable Surgeries Private Limited
Mihir Chhaya
DIN 10039900
Nominee Director29 Mar 20251 yr 6 moHappy Reliable Surgeries Private Limited
Saurabh Rajan Nair
DIN 10112215
Nominee Director14 Nov 202511 moHappy Reliable Surgeries Private Limited
Vijaya Kannan Raghavan
DIN 00544730
Nominee Director14 Nov 202511 moHappy Reliable Surgeries Private Limited

People of HRS Navigation

2 people are tracked at HRS Navigation (2 in leadership).

NameRoleGroup
Founder & Co-CEOLeadership
Co-CEOLeadership
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Complete people profiles for HRS Navigation

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Financials of HRS Navigation

Figures of Happy Reliable Surgeries Private Limited, the primary company behind HRS Navigation, for FY 2024. Revenue was ₹21.50 Cr (+66% year on year). Net profit was ₹85.6 Lakh (4% margin). EBITDA was ₹1.68 Cr (8% margin). Revenue has grown at a compounded annual rate of +72% over three years and +71% over five years.

  • ₹21.50 CrRevenue · FY 2024 · +66% YoY
  • ₹85.6 LakhNet profit · 4% margin
  • ₹1.68 CrEBITDA · 8% margin
  • ₹15.8 LakhPaid-up capital
  • 100Employees (provident fund records)
  • +72%Revenue CAGR, 3 years
  • +71%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Happy Reliable Surgeries Private Limited are on its company page.

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Detailed financial statements for HRS Navigation

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 HRS Navigation

4 dated milestones of HRS Navigation across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded HRS Navigation is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $5.0M.

Web traffic of HRS Navigation

The website of HRS Navigation (hrsnavigation.com) receives about 1K visits a month.

  • Monthly visits
    1K

    ▼ 22.6% vs previous month

Similar websites

Websites whose visitors overlap most with HRS Navigation. Affinity shows how closely the audiences match.

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cardeahealthcare.in
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chchealthwatch.com
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#1,802,673–
medtrixhealthcare.com
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1.8K#7,903,455View details
sunlifesciences.in
93%
680.7K#6,474,975View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 22 similar websites and full traffic analytics for HRS Navigation

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 22 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about HRS Navigation

HRS Navigation was founded in 2015 and raised its 1st funding round 2 years after it was founded.

HRS Navigation is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Arpit Paliwal is the CEO of HRS Navigation, as recorded in our data. They have also founded this company.

HRS Navigation is a funded company, having raised a total of $7.58M across 3 funding rounds to date.

The primary company behind HRS Navigation, Happy Reliable Surgeries Private Limited, reported revenue of ₹21.50 Cr for FY 2024, up 66% year on year.

HRS Navigation was founded in 2015 and is based in Bengaluru, India. Surgical navigation systems are supplied by the company within the medical technology sector. Computer-assisted surgery solutions are developed, with operations centered on image guidance and navigation techniques. The flagship product, easyNav, is integrated into surgical workflows to support precision. Leadership is held by Arpit Paliwal and Shweta Paliwal as co-CEOs.

HRS Navigation offers easyNavâ„¢ Infinity and easyNavâ„¢ 2.0.

HRS Navigation has 3 investors. Key investors include Startup Karnataka, Pro India Capital Multipliers, and Gujarat Venture Finance.

The valuation of HRS Navigation is $9.68M as of May 2022.

HRS Navigation operates through Happy Reliable Surgeries Private Limited.

The legal entities of HRS Navigation currently have 5 directors, including Mihir Chhaya, Shweta Paliwal, Arpit Paliwal and others.

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