IIT Kanpur-incubated startup receives Rs 3.94 Cr in TDB-DST funding for commercialisation ICU ventilator
The entire technology has been developed by Noccarc indigenously, with several patents filed for each component of the ventilator
The Technology Development Board (TDB) has entered into an agreement with Noccarc Robotics, Maharashtra, a company dedicated to the commercialisation of Digitally Enabled Advanced Universal ICU ventilators. The board has pledged support of Rs 3.94 crore out of the total project cost of Rs 7.89 crore. Noccarc, incubated at the startup incubation and innovation centre of the Indian Institute of Technology, Kanpur, epitomises the spirit of innovation with its indigenously developed technology.
The entire technology has been developed by Noccarc indigenously, with several patents filed for each component of the ventilator. The company’s entry-level ventilator, V310, played a critical role during the COVID-19 pandemic, being deployed in diverse hospitals across India, where it became instrumental in saving lives. Building on this success, Noccarc is now launching the Noccarc V730i, which is a smart ventilator. V730i allows seamless connectivity to the cloud via GSM, Wi-Fi, and LAN, allowing doctors and intensive care specialists to remotely monitor the patient data on Noccarc’s digital platform, and will also enable hospitals to digitise their ICU data and workflows. This initiative is aligned with the government’s push towards creating a self-reliant India in the medical devices sector.
Speaking on this occasion, the promoters of Noccarc, Nikhil Kurele, and Harshit Rathore, expressed that the support and assistance from TDB would propel the company in its quest for technological indigenization across India’s healthcare sector. They emphasised that Noccarc’s endeavours would contribute significantly to the Atmanirbhar Bharat initiatives of the government, setting a precedent for innovation and self-reliance in the field of medical technology.
Rajesh Kumar Pathak, Secretary, TDB said, “Noccarc’s innovations in advanced medical technology are a testament to India’s capabilities in developing advanced solutions that cater to the needs of domestic healthcare facilities. M/s Noccarc focuses on commercialising Digitally Enabled Advanced Universal ICU Ventilators, which are expected to revolutionize the critical care industry. The company’s manufacturing site in Pune is a symbol of the realisation of digitally-enabled healthcare devices made in India, which have immense potential in export markets too.”
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