Bengaluru-based medical equipment startup Pulse has successfully raised $4 million in a seed funding round led by 3one4 Capital, with participation from Incubate Fund Asia, Stride Ventures, and other angel investors, including founders of logistics and agritech companies.

Founded in 2025 by Anshul Sharma and Nishant Goel, Pulse is building a full-stack medical equipment manufacturing platform focused on designing, sourcing and delivering affordable, globally compliant medical devices and consumables. The company works closely with India’s micro, small and medium enterprise (MSME) manufacturing ecosystem to aggregate design and production capabilities, enabling Indian manufacturers to compete with global suppliers.

The newly raised capital will be deployed to establish a dedicated research and development (R&D) hub in Visakhapatnam, Andhra Pradesh, accelerate product development, secure regulatory certifications and expand nationwide distribution. The R&D facility is expected to become operational by March 2026.

Pulse currently partners with nearly 20 MSME manufacturers across regions including Delhi NCR, Jammu, Gujarat, Kolkata and Mumbai to produce equipment such as blood tubing sets and anaesthesia machines. The startup initially targets mid-tier hospitals with 50–200 beds and intends to gradually expand into larger hospital chains and additional product categories spanning critical care, renal care, and cardiac care.

“In India, reliance on imported critical medical devices remains high, with service infrastructure often lagging,” said Akshay Sharma, Principal at 3one4 Capital. “Pulse’s approach of partnering with domestic MSMEs and focusing on quality systems, compliance and service infrastructure will help build trusted, affordable medical equipment from India.”

The funding comes at a time when the Indian medical devices industry continues to present substantial growth opportunities, with demand for locally manufactured, high-quality equipment increasing across healthcare settings. Pulse aims to build a scalable horizontal original equipment manufacturer (OEM) platform serving both domestic and global markets, addressing a structural gap in medical equipment availability and cost competitiveness.