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Noccarc - About the company

Noccarc is a series A company based in Pune (India), founded in 2017 by Nikhil Kurele and Tushar Agarwal. It operates as a Manufacturer of intensive care ventilators and patient monitoring medical devices. Noccarc has raised $6.35M in funding from Indian Angel Network and SIDBI, with a current valuation of $*****. The company has 11 active competitors, including 6 funded and 2 that have exited. Its top competitors include companies like Inbentus, OneBreath and Flight Medical.

Company Details

Manufacturer of intensive care ventilators and patient monitoring medical devices. These products facilitate respiratory support and vital signs tracking for patients in clinical settings. The hardware integrates with a digital platform designed for remote monitoring and data management. This equipment supports clinical workflows by providing real-time information to healthcare personnel. The systems are engineered for use in various hospital environments to assist in the management of critical care patients.
Social
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Email ID
*****@noccarc.com
Phone Number
+91 **********
Registered Address
T/142 MIDC BHOSARI PIMPRI IND AREA BHOSARI, Pune, Pune, Maharashtra, India, 411026
Key Metrics
Founded Year
2017
Location
Pune, India
Stage
Series A
Total Funding
$6.35M in 6 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 23, 2024
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
63 as on Apr 30, 2026
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Noccarc's funding and investors

Noccarc has raised a total funding of $6.35M over 6 rounds. Its latest funding round was a Seed round on Jan 03, 2024 for $*****. 57 investors participated in its latest round. Noccarc has 27 institutional investors and 93 angel investors.

Here is the list of recent funding rounds of Noccarc:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 03, 2024
5616540
Seed
8605957
1323893
4243840
5103402
Sep 11, 2023
7247109
Seed
6534292
6783134
2598057
Nov 23, 2022
6880557
Angel
6889895
4472187
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Noccarc's founders and board of directors

Founder? Claim Profile
The founders of Noccarc are Nikhil Kurele and Tushar Agarwal. Nikhil Kurele is the CEO of Noccarc.
Here are the details of Noccarc's key team members:

Noccarc's Board of Directors

Noccarc's board has 4 active members. Rakesh Bhargava, Nikhil Kurele, Madhav Sikka and Harshit Rathore are part of team.
Here is the list of Noccarc's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 3m
Team
-
Current
9y 3m
qkylwwp
Investor
-
Past
5y 4m
{yfrgid
Investor
-
Past
5y 3m

Noccarc's employee count trend

Noccarc has 63 employees as of Apr 26. The total employee count is 3.0% lower than what it was in Apr 25. Here is Noccarc's employee count trend over the years:
Employee count trend for Noccarc
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Noccarc's Competitors and alternates

Top competitors of Noccarc include Inbentus, OneBreath and Flight Medical. Here is the list of Top 10 competitors of Noccarc, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Noccarc
Noccarc
2017, Pune (India), Series A
Manufacturer of intensive care ventilators and patient monitoring medical devices
$6.35M
49/100
2nd
Logo for Inbentus
Inbentus
2020, Murcia (Spain), Seed
Developer of hospital medical equipment
$625K
34/100
3rd
Logo for OneBreath
OneBreath
2013, Bengaluru (India), Seed
Developer of portable mechanical ventilators for intensive care patients
$3.45M
32/100
4th
Logo for Flight Medical
Flight Medical
1996, Lod (Israel), Public
Manufactures portable life supporting respiratory ventilators
-
32/100
5th
Logo for LifeAir Medical
LifeAir Medical
2022, Portland (United States), Unfunded
Developer of disposable airway ventilators
-
-
32/100
6th
Logo for Akshay Embedded Systems
Akshay Embedded Systems
2017, Pune (India), Unfunded
Provider of designing and developing embedded-based solutions for the healthcare and manufacturing industries
-
-
28/100
7th
Logo for Dipneo
Dipneo
2023, Barcelona (Spain), Seed
Developer of automatic resuscitation device for out-of-hospital cardiac arrests
$323K
-
26/100
8th
Logo for Liberandum Technologies
Liberandum Technologies
2023, San Francisco (United States), Seed
Developer of mechanical ventilation for the ICU
$20K
-
25/100
9th
Logo for AgVa Healthcare
AgVa Healthcare
2018, Noida (India), Unfunded
Manufacturer of medical devices, including ICU ventilators and suction systems. The company develops and produces technologically advanced equipment for critical care applications. Their product line includes sophisticated ICU ventilators designed for precise respiratory support and flow-controlled suction systems for operating theaters. The focus is on providing high-quality medical technology at accessible prices.
-
-
22/100
10th
Logo for CRC Medical
CRC Medical
2011, Askim (Norway), Acquired
Provider of ventilation solutions for operating theaters and clean rooms
-
-
21/100
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Noccarc's Latest cap tables and shareholding

Founders own 34.05%, Funds (largest shareholder) own 39.76%, Enterprises own 2.72% and Angels own 19.51%. The net worth of Noccarc's founders is INR 16.1Cr as of Dec 23, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
34.05%
16.1Cr
7647143
5315878
8489870
4229546
8182529
9103840
3928250
8000718
7953587
3898527
Fund
39.76%
18.8Cr
3584137
5584504
7373236
3518181
0
0
0
0
0
0
Enterprise
2.72%
1.29Cr
92
81
72
44
Angel
19.51%
9.24Cr
5568359
8215537
1144730
6603762
40
41
80
70
57
57
0
0
0
0
0
0
0
0
0
0
0
0
Other People
1.33%
62.9L
4
2
5
2
ESOP Pool
2.53%
1.2Cr
78
28
59
46
Total
99.89%
47.3Cr
7155071
9377798
5502075
5015025
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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 Noccarc's Shareholding

Noccarc's Investments and acquisitions

Noccarc has made no investments or acquisitions yet.

Reports related to Noccarc

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News related to Noccarc

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