About InnAccel
InnAccel is a company based in Bengaluru (India) founded in 2012 by Vibhav Joshi, Sumedh Kaulgud, Nitesh Kumar Jangir, Vijayarajan Alagumalai, and Siraj Dhanani. InnAccel has raised $6.06 million across 6 funding rounds from investors including ACT Grants, Mount Judi Ventures and B K Achutha. The company has 41 employees as of April 05, 2024. InnAccel offers products and services including VapCare, Fetal Lite, and SAANS. InnAccel operates in a competitive market with competitors including Attune Medical, ZOLL AEDs, Janitri, Glucoset and Inspiration Healthcare, among others.
- Headquarter Bengaluru, India
- Employees 41 as on 05 Apr, 2024
- Founders Vibhav Joshi, Sumedh Kaulgud, Nitesh Kumar Jangir, Vijayarajan Alagumalai, Siraj Dhanani
- Stage Minicorn
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Innaccel Technologies Private Limited
- Date of Incorporation 01 Oct, 2012
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$1.41 M (USD)44.69as on Mar 31, 2023
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Net Profit
-$1.29 M (USD)0.18as on Mar 31, 2023
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EBITDA
-$544.92 K (USD)5.23as on Mar 31, 2023
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Total Equity Funding
$6.06 M (USD)
in 6 rounds
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Latest Funding Round
$572.58 K (USD), Angel Round
Apr 08, 2022
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Investors
ACT Grants
& 25 more
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Employee Count
41
as on Apr 05, 2024
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Products & Services of InnAccel
InnAccel offers a comprehensive portfolio of products and services, including VapCare, Fetal Lite, and SAANS.
Automated system for secretion management in ventilated patients.
AI-powered monitor for fetal heart rate during labor.
Portable CPAP for neonatal breathing support in remote areas.
People of InnAccel
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Funding Insights of InnAccel
InnAccel has successfully raised a total of $6.06M across 6 strategic funding rounds. The most recent funding activity was a Angel Round of $572.58 thousand completed in April 2022. 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.
Investors in InnAccel
InnAccel has secured backing from 26 investors, including angel and venture fund investors. Prominent investors backing the company include ACT Grants, Mount Judi Ventures and B K Achutha.
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Venture capital investments in ethical businesses and high-growth sectors in India.
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Seed capital grants are provided to incubate and accelerate innovations.
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Investments in technology companies are managed by iTekniqs fund.
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Investor details for InnAccel
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Investments & Acquisitions by InnAccel
Investment portfolio details for InnAccel
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Financial Statements - InnAccel
Detailed financials for InnAccel
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Innaccel Comparisons
Peer comparison for InnAccel
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Competitors of InnAccel
InnAccel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Attune Medical, ZOLL AEDs, Janitri, Glucoset and Inspiration Healthcare, among others.
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Patient temperature is modulated via esophageal cooling devices.
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Medical devices and software for emergency care are developed.
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Developer of medical-grade monitoring solutions for fetal, maternal, and newborn health
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Continuous intravascular blood glucose monitoring devices are developed.
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Medical devices for intensive care units are developed.
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Detailed competitors of InnAccel
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Latest news on Innaccel
Complete news archive for InnAccel
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Frequently Asked Questions about InnAccel
InnAccel was founded in 2012 and raised its 1st funding round 4 years after it was founded.
InnAccel is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Siraj Dhanani is the current CEO of InnAccel. They have also founded this company.
InnAccel is a funded company, having raised a total of $6.06M across 6 funding rounds to date.
As of Apr 05, 2024, the latest employee count at InnAccel is 41.
Annual revenue of InnAccel is $1.41M as on Mar 31, 2023.
InnAccel was founded in 2012 in Bengaluru, India, as an RD company in the medical devices sector. Operations center on the development and manufacturing of devices that target unmet needs in critical care and maternal and child health. The companys portfolio includes products designed for these areas, with leadership provided by co-founders holding various director roles.
InnAccel's top competitors include ZOLL AEDs, Janitri and Inspiration Healthcare.
InnAccel offers VapCare, Fetal Lite, and SAANS.
InnAccel has 26 investors. Key investors include ACT Grants, Mount Judi Ventures, B K Achutha, Vijay Prasad, and Amit Mookim.
The valuation of InnAccel is $35.17M as of Apr 2022.