InnAccel - About the company
InnAccel is a seed company based in Bengaluru (India), founded in 2012 by Siraj Dhanani, Vijayarajan Alagumalai, Sumedh Kaulgud, Vibhav Joshi and Nitesh Kumar Jangir. It operates as a Developer of medical devices for critical care, obstetrics, and neonatology. InnAccel has raised $5.84M in funding from investors like Mount Judi Ventures, Acunova Life Sciences and iTekniqs, with a current valuation of ₹*****. The company has 75 active competitors, including 26 funded and 13 that have exited. Its top competitors include companies like ZOLL AEDs, Ethypharm and vTitan.
Company Details
Developer of medical devices for critical care, obstetrics, and neonatology. It offers devices for secretion management, fetal heart rate monitoring, and neonatal breathing support. The company focuses on creating infrastructure-independent and portable solutions. The devices are designed for deployment in underserved communities.
- Website
- innaccel.com
- Social
- Email ID
- *****@innaccel.com
- Phone Number
- +91 **********
- Registered Address
- AANAND TOWERS MUNICIPAL NO.4, RAJARAM MOHAN ROY ROAD,WARD N0 77,SAMPANGIRAMANAGAR, Bangalore, BANGALORE, Karnataka, India, 560025
Key Metrics
Founded Year
2012
Location
Bengaluru, India
Stage
Seed
Total Funding
$5.84M in 6 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Oct 31, 2025
Investors
Ranked
2nd among 75 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
73 as on Aug 31, 2025
Legal entities associated with InnAccel
InnAccel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
INNACCEL TECHNOLOGIES PRIVATE LIMITED CIN: U74900KA2012PTC066114 , India, Active | Oct 01, 2012 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 71 (As on Apr 01, 2026) |
Sign up to download InnAccel's company profile
InnAccel's funding and investors
InnAccel has raised a total funding of $5.84M over 6 rounds. Its first funding round was on Jan 27, 2016. Its latest funding round was a Angel round on Apr 08, 2022 for $*****. 6 investors participated in its latest round. InnAccel has 7 institutional investors and 24 angel investors.
Here is the list of recent funding rounds of InnAccel:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 08, 2022 | 8273015 | Angel | 4687334 | 9090007 | 4133431 | 3638009 |
Apr 08, 2021 | 5274748 | Seed | 8929337 | 2490715 | 6189850 | |
Oct 14, 2020 | 2001965 | Seed | 4939677 | 6776811 |
Access funding benchmarks and valuations. Sign up today!View details of InnAccel's funding rounds and investors
InnAccel's founders and board of directors
Founder? Claim ProfileThe founders of InnAccel are Siraj Dhanani, Vijayarajan Alagumalai, Sumedh Kaulgud, Vibhav Joshi and Nitesh Kumar Jangir. Siraj Dhanani is the CEO of InnAccel.
Here are the details of InnAccel's key team members:
- Siraj Dhanani: Co-Founder & CEO of InnAccel. They are also an angel investor in 6 startups and serve on the board of 1 company.Contact Info: 1 phone number
- Vijayarajan Alagumalai: Co-Founder & CTO of InnAccel. They are also an angel investor in 1 startup and serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Sumedh Kaulgud: Co-Founder and Director, Maternal and Child Health of InnAccel and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address
- Vibhav Joshi: Co-Founder & Director, Product of InnAccel and founder of 1 other company. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Nitesh Kumar Jangir: Co-Founder of InnAccel. Contact Info: 1 email address and 1 phone number
InnAccel's Board of Directors
InnAccel's board has 3 active members. Siraj Dhanani and Vijayarajan Alagumalai are part of team and Sherif Mohammed Kottapurath is independent board member.Here is the list of InnAccel's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 13y 9m | |
Team | - | Current | 13y 9m | |
Independent board member | - | Current | 5y 8m |
View details of InnAccel's Founder profiles and Board Members
InnAccel's employee count trend
InnAccel has 73 employees as of Aug 25. The total employee count is 62.0% more than what it was in Aug 24. Here is InnAccel's employee count trend over the years:
Uncover InnAccel's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
InnAccel's Competitors and alternates
Top competitors of InnAccel include ZOLL AEDs, Ethypharm and vTitan. Here is the list of Top 10 competitors of InnAccel, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ZOLL AEDs 1983, Chelmsford (United States), Acquired | Developer of medical devices and software solutions for emergency care | - | 60/100 | |
2nd | Developer of medical devices for critical care, obstetrics, and neonatology | $5.84M | 60/100 | ||
3rd | Developer of therapies for the treatment of pain and addiction | $248M | 59/100 | ||
4th | Manufacturer of AI-driven medical devices for critical care | $10M | 58/100 | ||
5th | Allied Medical 1982, Gurugram (India), Early Stage | Manufacturer of anesthesia and hospital equipment | $2.31M | 47/100 | |
6th | Brain Tunnelgenix Technologies 2006, Aventura (United States), Series B | Brain temperature tracking technology for healthcare, research, and performance optimization | $50.1M | 47/100 | |
7th |  Airway Medix 2010, Warsaw (Poland), Public | Developer of medical devices for ventilated patients in intensive care units | - | - | 43/100 |
8th | Indwelling intravascular continuous blood glucose monitoring device | $6.59M | 41/100 | ||
9th | GlySure 2006, Abingdon (United Kingdom), Series C | Continuous glucose monitoring using optical fluorescence sensor | $24.5M | 40/100 | |
10th | Critical care devices for emergency conditions | $5M | 40/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on InnAccel's competitors? Click here to see the top ones
InnAccel's Latest cap tables and shareholding
Founders (largest shareholder) own 71.02%, Funds own 5.91%, Enterprises own 2.00% and Angels own 7.57%. The net worth of InnAccel's founders is INR 133Cr as of Oct 31, 2025.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 71.02% | 133Cr | 9926683 | 3705639 | 1924656 | 6213197 |
4832875 | 9677264 | 8782134 | 2657896 | 1658518 | 5196954 | |
5425628 | 7472888 | 2085061 | 4288562 | 4007731 | 7697680 | |
437 | 789 | 187 | 404 | 748 | 658 | |
43 | 68 | 79 | 13 | 48 | 44 | |
88 | 21 | 50 | 39 | 45 | 11 | |
Fund | 5.91% | 11Cr | 26143 | 82343 | 55433 | 50988 |
43008 | 58501 | 76144 | 18089 | 55101 | 84710 | |
Enterprise | 2.00% | 3.73Cr | 93 | 29 | 96 | 14 |
Angel | 7.57% | 14.1Cr | 8875309 | 6286128 | 7404945 | 4158626 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 5.27% | 9.84Cr | 96386 | 21135 | 94986 | 29178 |
ESOP Pool | 8.23% | 15.4Cr | 8402999 | 8808527 | 9920811 | 5768696 |
Total | 100.00% | 187Cr | 5393984 | 4811879 | 7222400 | 1871838 |
To unlock detailed Cap Table of InnAccel Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of InnAccel's Shareholding
InnAccel's Investments and acquisitions
InnAccel has not made any acquisitions yet. InnAccel has made 5 investments.Here is the list of latest three $investments:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Feb 14, 2017 | Investments | 2014 | Bengaluru (India) | |
Feb 14, 2017 | Investments | 2014 | Bengaluru (India) | |
Feb 01, 2016 | Investments | 2014 | Bengaluru (India) |
Want to know more about where corporates are investing? Sign up today!Reports related to InnAccel
Here is the latest report on InnAccel's geography:
News related to InnAccel
•
Two Indian startups win World Bank Group health tech awardsGadgets Now•Jan 13, 2022•Niramai, InnAccel
•
InnAccel Technologies wins the WBG-CES Global Women’s HealthTech awards at CES 2022Express Healthcare•Jan 08, 2022•InnAccel
•
•
•
•
InnAccel: The Medtech startup that is innovating to save livesFinancial Express•Jul 22, 2019•InnAccel
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about InnAccel
Explore our recently published companies
- Wisdom Square Technologies - New Hyde Park based, 2008 founded, Unfunded company
- Fruverpack - Almoradi based, 1992 founded, Unfunded company
- AERA - Bouxwiller based, 1979 founded, Unfunded company
- Divine Hindu - Ujjain based, 2023 founded, Unfunded company
- Globaldigitalpartner.com - 2013 founded, Unfunded company
- OROK - Bourgoin Jallieu based, 2018 founded, Deadpooled company
