info@innaccel.com
+91-8040923864Our Story
Opportunity
The Medical Device market is rapidly growing in India and across the world. Across emerging markets, this segment is expected to grow to $100 billion by 2025.
We believe that these emerging markets, primarily served today by imports from developed countries, also offer an opportunity for technology innovation and novel product development to address their specific challenges.
InnAccel aims to be the leader in medical technology innovation for India and global emerging markets.
Our Story
Approach
InnAccel uses the Biodesign method, developed and taught by Stanford University, to identify and validate critical unmet needs in India through a 3-4 month clinical immersion at a partner hospital.
A conceptual solution is designed to address a selected need, leading to the development of a regulatory certified product using our proprietary Product Engineering & Development Platform.
This systematic approach has led to the development of multiple products in two focus areas - Critical Care and Maternal & Child Care. Our innovations have a strong value proposition in both emerging, as well as developed markets.
Our Story
History
InnAccel started in 2012 as a Medical Technology accelerator with a view to support external startups in this space.
However, by 2015, we shifted focus to developing our own portfolio of products for needs identified using the Biodesign process.
In 2019, InnAccel integrated operations with Coeo Labs and Sattva Medtech, former incubatees, to form a single entity with a portfolio of innovative, life-saving products across specialty areas.
Management Team
Management Team
Siraj is a successful entrepreneur, healthcare professional and active angel investor in MedTech.
Previously, he founded and led PharmARC, a healthcare marketing analytics and consulting firm (INR 50+ cr revenues; exited to IQVIA).
He also has experience in pharmaceutical marketing (BMS, NJ) and healthcare investment banking (UBS, NYC).
Siraj is a successful entrepreneur, healthcare professional and active angel investor in MedTech.
Previously, he founded and led PharmARC, a healthcare marketing analytics and consulting firm (INR 50+ cr revenues; exited to IQVIA).
He also has experience in pharmaceutical marketing (BMS, NJ) and healthcare investment banking (UBS, NYC).
AVR is a MedTech veteran with 35+ years of experience including stints as Head of Product Development at GE Medical Systems, Chief Executive at Wipro Health Sciences, and VP at Hewlett Packard.
Previously, he led the development of India’s first robotic system for tumour ablation at Perfint Healthcare.
AVR is a MedTech veteran with 35+ years of experience including stints as Head of Product Development at GE Medical Systems, Chief Executive at Wipro Health Sciences, and VP at Hewlett Packard.
Previously, he led the development of India’s first robotic system for tumour ablation at Perfint Healthcare.
Shaunak brings a proven commercial track record and broad experience across Healthcare. Prior to InnAccel, he spent 6 years at Johnson & Johnson Medical India in a variety of Marketing and Sales roles, and 3 years at L.E.K. Consulting in Boston, USA.
Shaunak has an MBA from the Kellogg School of Management and Bachelors degrees in Bioengineering and Economics from the University of Pennsylvania.
Shaunak brings a proven commercial track record and broad experience across Healthcare. Prior to InnAccel, he spent 6 years at Johnson & Johnson Medical India in a variety of Marketing and Sales roles, and 3 years at L.E.K. Consulting in Boston, USA.
Shaunak has an MBA from the Kellogg School of Management and Bachelors degrees in Bioengineering and Economics from the University of Pennsylvania.
A qualified CA with 20+ years of experience working in strategic financial planning, budgeting & MIS, fund sourcing and management, accounts & auditing, as well as in taxation. He has previously worked at PharmARC, Global Healthline, and Guardian Healthcare.
He has expertise in mapping business requirements, designing & implementing systems towards cost control, steering formation of companies, and coordinating project finance.
A qualified CA with 20+ years of experience working in strategic financial planning, budgeting & MIS, fund sourcing and management, accounts & auditing, as well as in taxation. He has previously worked at PharmARC, Global Healthline, and Guardian Healthcare.
He has expertise in mapping business requirements, designing & implementing systems towards cost control, steering formation of companies, and coordinating project finance.
The Team
The Team
Our Partners
Our Partners
InnAccel has developed a strong, and broad, network of partners in India and globally. This network includes hospitals and medical colleges, academic institutes, design and engineering firms, and manufacturers.
