MedVital raises Rs 18 Cr led by Alkemi Growth Capital
- ByStartupStory | May 6, 2026
MedVital, a medtech startup focused on wound care and regenerative aesthetics, has raised Rs 18 crore ($1.89 million) in a growth funding round led by Alkemi Growth Capital.
The round also saw participation from Sanjay Arora, Shubhan Ventures, and existing investors. The firm had previously raised funding from 4point0 Health Ventures and other angel investors.
The proceeds will be used to expand operations, accelerate product development, and strengthen capabilities across devices, biomaterials, and biologics.
Founded in 2024, MedVital develops medical technologies across advanced wound care, regenerative aesthetics, and chronic skin conditions.
MedVital currently operates in the advanced wound care segment through its NoWound portfolio, which includes negative pressure wound therapy systems and liquid bandage products designed for hospitals.
The brand claims to have achieved adoption across more than 200 healthcare institutions in India with repeat usage from hospitals.
It has also launched Elyara, a regenerative aesthetics product line focused on non-invasive skin and hair restoration solutions.
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