Medtech startup Innovodigm raises Rs 5.5 crore in a seed funding round
Here’s a summary of the key details from the information you provided about the startup Innovodigm:
Summary
- Startup: Innovodigm
- Founders: Jhimli Manna, Ayan Chatterjee
- Funds Raised: Rs 5.5 crore
- Funding Round: Seed round
- Date of Fundraise: Not specified
- Investors:
- Indian Angel Network (IAN) – Rs 4.5 crore
- PadUp Ventures – remainder of the funding
- Purpose of Capital: Process optimization, infrastructure scale-up, team expansion, third-party preclinical validation, and clinical trials.
Additional Details
- Founded: 2020
- Technology: Microneedle Array Patch (MAP) for vaccine delivery
- Notable Achievements:
- Selected as a Top 2 Technology at the Nano Electronics Showcase 2025
- Signed a Material Transfer Agreement (MTA) with an Indian vaccine manufacturer for validation
- Expected Clinical Trials Start: 2026
- Long-term Strategy: Decentralized manufacturing hubs for localized production.
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2025-06-25 13:00:47