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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 from Orbimed, with a current valuation of $*****. The company has 68 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
487 as on Aug 31, 2026
Similar Companies
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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
8749609
Series B
5712237
9536652
7198262
4424146
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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 8m
Investor
-
Current
3y 3m
Investor
-
Current
3y 3m
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Investor
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Current
9y 2m

Innvolution's employee count trend

Innvolution has 487 employees as of Aug 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
42/100
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 Shenzhen Hannuo Medical Technology
Shenzhen Hannuo Medical Technology
2018, Shenzhen (China), Series E
Developer of extracorporeal circulation products
$14M
38/100
10th
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
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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
5736181
7307859
7729244
4435069
5478094
1199097
4516621
9893702
7157433
4405299
Fund
52.43%
213Cr
4280379
7663886
7119883
1196842
2740856
6140295
2558215
4642653
4594169
2106501
Other People
2.46%
9.98Cr
79
32
41
46
ESOP Pool
0.67%
2.71Cr
0
0
0
0
Total
99.99%
405Cr
3932167
7156097
4899369
3052172
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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 sector:

News related to Innvolution

•
Involution grows through acquisition of Print.IncImages magazine•Sep 08, 2025•Innvolution, print.inc, Involution
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