# Svastek

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/svastek

- Industry: Medical Devices & Equipment
- Headquarters: New Delhi, India
- Website: www.svastek.com/
- Total disclosed funding: $0.2M
- Latest round: Seed (Jan 23, 2025)
- Investors on record: 1

## About

Established in 2022 and based in New Delhi, India, Svastek delivers advanced healthcare solutions. The company was founded by its CEO, Arita Abrol. In January 2025, Svastek raised INR 20 million in seed funding led by the Indian Angel Network.

Svastek specializes in delivering transformative healthcare solutions aimed at addressing complex medical challenges through technology. The firm’s core offerings include advanced medical devices and digital health solutions designed to enhance patient care and streamline healthcare operations. These products cater to a diverse client base, including hospitals and clinics, particularly in regions like Southeast Asia and the Middle East.

The company’s revenue model is based on strategic partnerships and B2B transactions with healthcare institutions. Revenue is generated through direct sales of medical devices and services, often through multi-year contracts, ensuring a steady income stream.

The organization plans to use the January 2025 funding to support the launch of its ALLTIP-enabled NIV mask.

## Funding rounds

- Seed, Jan 23, 2025, $0.2M — Indian Angel Network

## Investors

- Indian Angel Network (https://capitalatlas.ai/funds/indian-angel-network) — Seed