About SVASTEK
SVASTEK is a Healthcare company based in Delhi (India) founded in 2022 by Arita Abrol. Innovative medical technologies are developed to enhance patient care outcomes. SVASTEK has raised $231.29 thousand across 1 funding round from investors including Indian Angel Network. The company has 1 employees. Its chief executive, as recorded, is Arita Abrol. Its Indian entity Mednovate Private Limited reported revenue of ₹9 Lakh. SVASTEK offers products and services including ALLTIP Technology and Impactful Hospital Solutions. Its focus areas include Services for Healthcare Providers, BPO and Diversified.
Company details
Founded in 2022 in Delhi, India, SVASTEK operates within the healthcare technology sector. Global challenges in medical technology are addressed through the development of advanced solutions. Patient care and treatment efficacy are improved via cutting-edge innovations. Operations are centered in Asia, where a focus is placed on sustainable practices and sector growth. The company is led by founder and CEO Arita Abrol.
- Headquarters Delhi, India
- Employees 1
- Founders Arita Abrol
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website svastek.com
- Legal Name Mednovate Private Limited
- Date of Incorporation 05 Aug, 2022
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹9 Lakh
FY 2025 · +125% YoY
- Net Loss-₹38.3 Lakh
FY 2025 · -425% margin
- EBITDA-₹37.6 Lakh
FY 2025 · -418% margin
- Total Equity Funding$231.29K (USD)
in 1 rounds
- Latest Funding Round$231.29K (USD), Seed
Jan 2025
- Investors
- Employee Count1
Associated legal entities of SVASTEK
SVASTEK operates through Mednovate Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Mednovate Private Limited CIN U33119DL2022PTC402925 | Active | 05 Aug 2022 | New Delhi, Delhi | ₹0.1 Cr | 2 | 3 | View details |
Products & Services of SVASTEK
SVASTEK offers a comprehensive portfolio of products and services, including ALLTIP Technology and Impactful Hospital Solutions.
Platform for developing cutting-edge medical solutions globally.
Products revolutionizing hospital care through innovative technology.
Funding Insights of SVASTEK
SVASTEK has successfully raised a total of $231.29K through 1 strategic funding round. The most recent funding activity was a Seed round of $231.29 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 $231,286
- Total Rounds 1
- Last Round Seed — $231,286
- First Round $231,286
(Jan 2025)
- Investors Count 1
All 1 funding rounds of SVASTEK 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 | $231,286 | Seed | – | Indian Angel Network | – |
1 investors in total: 1 institutional.
Investors in SVASTEK
SVASTEK has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Indian Angel Network.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Angel investor network investing in early-stage startups | iangroup.vc | Delhi, India |
Investor details for SVASTEK
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Board of directors of Mednovate Private Limited (SVASTEK)
Mednovate Private Limited is the primary company behind SVASTEK. The board of Mednovate Private Limited currently have 3 directors; the longest-serving is Aprameya Rajput, appointed in 2022.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aprameya Rajput DIN 06702394 | Director | 05 Aug 2022 | 4 yrs 3 mo | Mednovate Private Limited |
| Arita Abrol DIN 07611414 | Director | 05 Aug 2022 | 4 yrs 3 mo | Mednovate Private Limited |
| Mukesh Sehgal DIN 10263672 | Whole-time director | 04 Aug 2023 | 3 yrs 3 mo | Mednovate Private Limited |
People of SVASTEK
1 people are tracked at SVASTEK (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership |
Complete people profiles for SVASTEK
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of SVASTEK
Figures of Mednovate Private Limited, the primary company behind SVASTEK, for FY 2025. Revenue was ₹9 Lakh (+125% year on year). Net loss was -₹38.3 Lakh (-425% margin). EBITDA was -₹37.6 Lakh (-418% margin).
- ₹9 LakhRevenue · FY 2025 · +125% YoY
- -₹38.3 LakhNet loss · -425% margin
- -₹37.6 LakhEBITDA · -418% margin
- ₹1.2 LakhPaid-up capital
- 2Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Mednovate Private Limited are on its company page.
Detailed financial statements for SVASTEK
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of SVASTEK
2 dated milestones of SVASTEK across 3 years, from founding to its latest funding, stage changes and deals.
- Founded SVASTEK is founded.
- Funding First funding round of $231K.
Top companies in Healthcare Provider Support Services
2 companies that operate in the same segment as SVASTEK (Healthcare Provider Support Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Emergency medical transportation and ambulance services are provided. | 2016 | Hyderabad, Telangana, India | USD 34.31 M | USD 8.57 M | 1,371 | |
Health insurance platform for individuals | 2019 | Mumbai, Maharashtra, India | USD 13.7 M | USD 10.48 M | 109 |
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Related news about Svastek
Complete news archive for SVASTEK
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Frequently Asked Questions about SVASTEK
SVASTEK was founded in 2022 and raised its 1st funding round 3 years after it was founded.
SVASTEK is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Arita Abrol is the CEO of SVASTEK, as recorded in our data. They have also founded this company.
SVASTEK is a funded company, having raised a total of $231.29K across 1 funding round to date. The company's 1st funding round was a Seed of $231.29K, raised on Jan 2025.
SVASTEK has 1 employees.
The primary company behind SVASTEK, Mednovate Private Limited, reported revenue of ₹9 Lakh for FY 2025, up 125% year on year.
Founded in 2022 in Delhi, India, SVASTEK operates within the healthcare technology sector. Global challenges in medical technology are addressed through the development of advanced solutions. Patient care and treatment efficacy are improved via cutting-edge innovations. Operations are centered in Asia, where a focus is placed on sustainable practices and sector growth. The company is led by founder and CEO Arita Abrol.
SVASTEK offers ALLTIP Technology and Impactful Hospital Solutions.
SVASTEK has 1 investor. Key investors include Indian Angel Network.
SVASTEK operates through Mednovate Private Limited.
The legal entities of SVASTEK currently have 3 directors, including Aprameya Rajput, Arita Abrol, Mukesh Sehgal.