Heatronics Raises Rs.1.8 Crore in Seed Round
Healthcare Pain management startup Heatronics has raised Rs. 1.8 crore in a seed round led by Inflection Point Ventures. The round saw participation from angel investors Nitin Agarwal (Ex-GlobalBees) and Shivam Mishra (String Ventures). The funds will be utilized to strengthen the company's marketing and branding initiatives, upgrade its facilities, and expand its channel network.
Heatronics, a preventive pain-management and wellness brand, manufactures medical-grade heat-therapy and recovery devices backed by a fully Indian, vertically integrated supply chain. Its wired heating range, hCore, comprises ergonomically designed devices for targeted pain relief.
The hCore range, comprising 10 SKUs, was developed based on insights from more than 500 direct customer conversations. Every hCore product uses an NTC sensor that reads the surface temperature and adjusts it in real time, so the consumer gets steady, even warmth instead of the hot and cold patches one finds in regular pads. Each device comes with automatic shut-off, it switches off on its own after a set time, so the patient can even fall asleep with it on without worrying.
These products are available through an omnichannel presence across Amazon, Shopify D2C, Blinkit, and general trade. Operating from a 12,000 sq. ft. owned manufacturing facility in Noida with a team of over 40 employees, the company is among the few CDSCO-licensed and ISO 13485-certified Indian players in its category. It manufactures at costs lower than China in a market otherwise dominated by expensive imports and unbranded local heating products.
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Vinay Bansal, CEO & Founder, Inflection Point Ventures says, “what stood out to us was the founders' deep understanding of consumer needs and their ability to translate those insights into high-quality, clinically compliant products. Combined with a capital-efficient manufacturing model and strong execution, Heatronics is building category-defining products with ranges like hCore. We are delighted to support the company as it enters its next phase of growth.”
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The company is led by Hargun Singh Chawla, Founder & CEO, a Computer Science Engineer from Delhi Technological University (DCE). Hargun previously worked at Amazon and Adobe, across healthcare, payments, and returns functions in both India and Canada.
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Commenting on the investment, Hargun Singh Chawla, Founder & CEO, Heatronics says, “Wellness is one of India’s biggest unsolved problems, and it can’t be fixed with imported products built for other bodies and other markets. At Heatronics, we’re building medical-grade recovery devices in India, for India, proprietary, certified, and made here. IPV backed that India-first conviction, and this round lets us take it to scale.”