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Innvolution - About the company

Innvolution is a series B company based in Bengaluru (India), founded in 2010 by Sachin Garg, Atul Sharma and Ashvini Suthar. It operates as a Provider of cardiovascular and respiratory disease management through technologies and solutions. Innvolution has raised $25.8M in funding, with a current valuation of *****. The company has 65 active competitors, including 16 funded and 5 that have exited. Its top competitors include companies like Orchestra BioMed, Lepu Medical Technology and Spectrumedics.

Company Details

Innvolution focuses on bringing cutting edge technologies to enhance standard of care in Cardiovascular & Respiratory Disease Management.
Social
X
Email ID
*****@innvolution.com
Phone Number
+91 **********
Key Metrics
Founded Year
2010
Location
Bengaluru, India
Stage
Series B
Total Funding
$25.8M in 1 round
Latest Funding Round
Post Money Valuation
***** as on Mar 29, 2023
Investors
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
484 as on Jun 30, 2026
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Innvolution's funding and investors

Innvolution has raised a total funding of $25.8M over 1 round. Its latest funding round was a Series B round on Mar 29, 2023 for $*****. 1 investor participated in its latest round. Innvolution has 1 institutional investor and 2 angel investors.

Here is the list of recent funding rounds of Innvolution:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 29, 2023
6526684
Series B
7021933
3226513
8641897
7611186
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Innvolution's founders and board of directors

Founder? Claim Profile
The founders of Innvolution are Sachin Garg, Atul Sharma and Ashvini Suthar.
Here are the details of Innvolution's key team members:

Innvolution's Board of Directors

Innvolution's board has 4 active members. Sunny Sharma, Ankesh Bhansali, Gaurav Agarwal and Ashvini Suthar are part of team.
Here is the list of Innvolution's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
14y 6m
Investor
-
Current
3y 1m
Investor
-
Current
3y 1m
pv{oqrd
Investor
bytrcts
Current
1y 6m

Innvolution's employee count trend

Innvolution has 484 employees as of Jun 26. Here is Innvolution's employee count trend over the years:
Employee count trend for Innvolution
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Innvolution's Competitors and alternates

Top competitors of Innvolution include Orchestra BioMed, Lepu Medical Technology and Spectrumedics. Here is the list of Top 10 competitors of Innvolution, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Orchestra BioMed
Orchestra BioMed
2017, New Hope (United States), Public
Developer of medical devices for hypertension and atherosclerosis treatment
$206M
65/100
2nd
Logo for Lepu Medical Technology
Lepu Medical Technology
1999, Beijing (China), Public
Interventional medical devices
-
58/100
3rd
Logo for Innvolution
Innvolution
2010, Bengaluru (India), Series B
Provider of cardiovascular and respiratory disease management through technologies and solutions
$25.8M
52/100
4th
Logo for Spectrumedics
Spectrumedics
2018, Singapore (Singapore), Series A
Manufacturer of a therapeutic device for the treatment of arterial vascular calcification
$15M
46/100
5th
Logo for Biotronik
Biotronik
1963, Berlin (Germany), Funding Raised
Manufacturer of cardiac rhythm management devices, electrophysiology, and vascular intervention
-
46/100
6th
Logo for Invent Biomed
Invent Biomed
2005, Mumbai (India), Seed
Manufacturer of drug eluting stents, PTCA balloon catheters, and vascular accessories
$1M
46/100
7th
Logo for Synaptic Medical
Synaptic Medical
2005, Lake Forest (United States), Series G
Developer of devices for the treatment of cardiac arrhythmias and cardiovascular diseases
$60M
40/100
8th
Logo for Vasomedical
Vasomedical
1994, Westbury (United Kingdom), Public
Diversified Medical technology focused on cardiovascular diseases
-
39/100
9th
Logo for Corsera Health
Corsera Health
2024, Boston (United States), Series A
Developer of technology predicting and preventing cardiovascular disease before it begins
$80M
38/100
10th
Logo for Shenzhen Hannuo Medical Technology
Shenzhen Hannuo Medical Technology
2018, Shenzhen (China), Series E
Developer of extracorporeal circulation products
$14M
38/100
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Innvolution's Latest cap tables and shareholding

Founders own 44.43%, Funds (largest shareholder) own 52.43%, Other People own 2.46% and ESOP Pool own 0.67%. The net worth of Innvolution's founders is INR 180Cr as of Mar 29, 2023.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
44.43%
180Cr
5517751
5073665
9538559
3153090
1555337
6838847
7325878
4780276
9468208
6351647
Fund
52.43%
213Cr
7512882
8698347
3292029
1709245
9301286
2184594
4408492
1686980
4440489
7660127
Other People
2.46%
9.98Cr
49
60
60
32
ESOP Pool
0.67%
2.71Cr
0
0
0
0
Total
99.99%
405Cr
7938937
5279190
7691261
6593006
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Innvolution's Shareholding

Innvolution's Investments and acquisitions

Innvolution has made no investments or acquisitions yet.

Reports related to Innvolution

Here is the latest report on Innvolution's geography:

News related to Innvolution

Media has covered Innvolution for a total of 2 events in the last 1 year.
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