- The round also included strategic participation from India EXIM Bank and KITVEN, further reinforcing investor confidence in HRS Navigation’s growth trajectory.
- The capital will be deployed to accelerate product innovation, expand into global markets, and scale manufacturing of HRS’s advanced next-generation surgical navigation systems.
- HRS Navigation’s flagship platform, easyNav™, has already supported over 20,000 surgeries, empowering surgeons with enhanced precision, accuracy, and confidence across cranial, spine, and ENT procedures
Bengaluru, 12 November 2025 – HRS Navigation, a Bengaluru-based medtech innovator, has raised $5 million in a Pre-Series A round led by GVFL, Physis Capital, and Sathguru Catalysers, with participation from India EXIM Bank and KITVEN. MidasCap acted as the exclusive transaction advisor.
The funds will accelerate product innovation, global market expansion, and manufacturing scale-up of HRS’s next-generation surgical navigation systems.
“Our mission is to make precision surgery accessible to every hospital and surgeon,” said Arpit Paliwal, Founder & Director, HRS Navigation. “This investment strengthens our ability to innovate and expand globally, showcasing India’s capability to build world-class medtech.”
Founded by Arpit and Shweta Paliwal, HRS Navigation has emerged as a leader in Made-in-India surgical navigation, empowering surgeons to perform complex cranial, spine, and ENT procedures with enhanced accuracy. Its flagship platform, easyNav™, integrates seamlessly with existing operating room infrastructure and has supported over 20,000 surgeries to date.
“HRS exemplifies deep-tech innovation with global relevance,” said Mihir Joshi, MD, GVFL. “Their platform positions India as a reliable exporter of high-end surgical technologies.”
“We’re excited to back scalable medtech built in India for the world,” added Vinay Bansal, Partner, Physis Capital.
“HRS’s relevance extends beyond India to LMICs where precision surgery can transform outcomes,” said Vijayaraghavan Kannan, Partner, Sathguru Catalysers.
With multiple national and international awards, HRS Navigation continues to redefine indigenous innovation and reinforce India’s position as a global medtech hub.
