Incredible Devices

Sahibzada Ajit Singh Nagar, India Founded: 2016 • Age: 10 yrs Minicorn
Computer-guided automated catheter reprocessing systems are developed.

About Incredible Devices

Incredible Devices is a Healthcare company based in Sahibzada Ajit Singh Nagar (India) founded in 2016. Computer-guided automated catheter reprocessing systems are developed. It operates on a HealthTech and Direct-to-Consumer (D2C) model. Incredible Devices has raised $126.87 thousand across 4 funding rounds from investors including Indian Institute of Technology Kanpur, Maharashtra State Innovation Society and Social Alpha. Incredible Devices was last valued at $2 million in April 2019. Its Indian entity Incredible Devices Private Limited reported revenue of β‚Ή62.1 Lakh. Incredible Devices offers products and services including Catheter Balloon Reprocessing System (CBRS), Megasonic Washer, Advanced Reprocessing System (ARS), and Balloon Dryer System (BDS). Its focus areas include Medical Devices and Reprocessing Equipment.

Company details

Incredible Devices is engaged in developing innovative medical equipment to make healthcare safe, affordable, and accessible. The company operates in the healthcare sector, specializing in reprocessing systems for medical devices such as catheters, balloons, and ventilator parts. Solutions like the Catheter Balloon Reprocessing System (CBRS) and Megasonic Washer are designed to reduce treatment costs and improve patient safety by automating cleaning and reprocessing tasks. Their mission is to address the economic and geographical barriers to healthcare access, particularly in underserved regions.

  • Headquarters Sahibzada Ajit Singh Nagar, India
  • Stage Minicorn
  • Sectors
    Healthcare
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website incredibledevices.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Incredible Devices Pvt Ltd
  • Date of Incorporation 26 May, 2016
  • Jurisdiction Chandigarh, India
Key Metrics
  • Annual Revenue
    ₹62.1 Lakh

    FY 2025 · +17% YoY

  • Net Profit
    ₹1.4 Lakh

    FY 2025 · 2% margin

  • EBITDA
    ₹3.2 Lakh

    FY 2025 · 5% margin

  • Total Equity Funding
    $126.87K (USD)

    in 4 rounds

  • Investors

Products & Services of Incredible Devices

Incredible Devices offers a comprehensive portfolio of products and services, including Catheter Balloon Reprocessing System (CBRS), Megasonic Washer, Advanced Reprocessing System (ARS), and Balloon Dryer System (BDS).

Catheter Balloon Reprocessing System (CBRS)
Medical Equipment

Reprocesses catheters and balloons for cost-effective healthcare solutions.

Megasonic Washer
Medical Equipment

Automates cleaning of delicate instruments with ultrasonic technology.

Advanced Reprocessing System (ARS)
Medical Equipment

Reprocesses ventilator parts to prevent hospital-acquired infections.

Balloon Dryer System (BDS)
Medical Equipment

Automatically dries catheter balloons to maintain device integrity.

Funding Insights of Incredible Devices

Incredible Devices has successfully raised a total of $126.87K across 4 strategic funding rounds. 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 $126,866
  • Total Rounds 4
  • First Round $23,360

    (Sep 2017)

  • Investors Count 3

All 4 funding rounds of Incredible Devices with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2020Grant––
Apr 2019$50,275Seed$2MIndian Institute of Technology Kanpur
–
Apr 2018$53,231Seed$660,937Social Alpha
–
Sep 2017$23,360Seed$β€’β€’β€’β€’β€’Social Alpha
–
Valuation history
DateValuationStage
Apr 2019$2Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2M (Apr 2019). 3 investors in total: 3 institutional.

Investors in Incredible Devices

Incredible Devices has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Indian Institute of Technology Kanpur, Maharashtra State Innovation Society and Social Alpha.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Promotion of innovation and digital services in Maharashtra.
2017msins.inMumbai, India
Sustainable startups are supported via innovation curation and venture funding.
socialalpha.orgBengaluru, India
Multiple engineering courses and degrees are offered at the institute.
1959iitk.ac.inKanpur, India
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Investor details for Incredible Devices

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Verified entity values are shown only after access is granted.

Board of directors of Incredible Devices Private Limited (Incredible Devices)

Incredible Devices Private Limited is the primary company behind Incredible Devices. The board of Incredible Devices Private Limited currently have 2 directors; the longest-serving is Vikram Goel, appointed in 2016.

DirectorDesignationAppointedTenureEntity
Vikram Goel
DIN 07522098
Director26 May 201610 yrs 4 moIncredible Devices Private Limited
Rajwinder Kaur
DIN 07522099
Director26 May 201610 yrs 4 moIncredible Devices Private Limited

People of Incredible Devices

2 people are tracked at Incredible Devices (2 in leadership).

NameRoleGroup
DirectorLeadership
DirectorLeadership
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Complete people profiles for Incredible Devices

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Financials of Incredible Devices

Figures of Incredible Devices Private Limited, the primary company behind Incredible Devices, for FY 2025. Revenue was ₹62.1 Lakh (+17% year on year). Net profit was ₹1.4 Lakh (2% margin). EBITDA was ₹3.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of 0% over three years and +1% over five years.

  • ₹62.1 LakhRevenue · FY 2025 · +17% YoY
  • ₹1.4 LakhNet profit · 2% margin
  • ₹3.2 LakhEBITDA · 5% margin
  • ₹82,100Paid-up capital
  • 0%Revenue CAGR, 3 years
  • +1%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Incredible Devices Private Limited are on its company page.

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Detailed financial statements for Incredible Devices

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 Incredible Devices

4 dated milestones of Incredible Devices across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Incredible Devices is founded.
  2. Funding First funding round of $23K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Grant,.

Top companies in Traditional Diagnostics & Medical Devices

2 companies that operate in the same segment as Incredible Devices (Traditional Diagnostics & Medical Devices) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medical surgical consumables including sutures and anti-microbial gloves are manufactured.
1992Bengaluru, Karnataka, IndiaUSD 7.14 K39
Manufacturer of medical equipments
1967Bengaluru, Karnataka, IndiaUSD 58.9 MUSD 98.65 M578
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Frequently Asked Questions about Incredible Devices

Incredible Devices was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Incredible Devices is headquartered in Sahibzada Ajit Singh Nagar, India. It is registered at Sahibzada Ajit Singh Nagar, Punjab, India.

Incredible Devices is a funded company, having raised a total of $126.87K across 4 funding rounds to date. The company's 1st funding round was a Seed of $23.36K, raised on Sep 2017.

The primary company behind Incredible Devices, Incredible Devices Private Limited, reported revenue of β‚Ή62.1 Lakh for FY 2025, up 17% year on year.

Incredible Devices is engaged in developing innovative medical equipment to make healthcare safe, affordable, and accessible. The company operates in the healthcare sector, specializing in reprocessing systems for medical devices such as catheters, balloons, and ventilator parts. Solutions like the Catheter Balloon Reprocessing System (CBRS) and Megasonic Washer are designed to reduce treatment costs and improve patient safety by automating cleaning and reprocessing tasks. Their mission is to address the economic and geographical barriers to healthcare access, particularly in underserved regions.

Incredible Devices offers Catheter Balloon Reprocessing System (CBRS), Megasonic Washer, Advanced Reprocessing System (ARS), and Balloon Dryer System (BDS).

Incredible Devices has 3 investors. Key investors include Indian Institute of Technology Kanpur, Maharashtra State Innovation Society, and Social Alpha.

The valuation of Incredible Devices is $2M as of Apr 2019.

Incredible Devices operates through Incredible Devices Private Limited.

The legal entities of Incredible Devices currently have 2 directors, including Vikram Goel, Rajwinder Kaur.

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