Bengaluru-based medtech company HRS Navigation has raised $5 million in a pre-Series A funding round led by GVFL, Physis Capital, and Sathguru Catalysers, with participation from India EXIM Bank and KITVEN.
The company said the new capital will be used to accelerate product innovation, scale manufacturing, and expand into global markets. The investment will also support the development of next-generation navigation systems and the integration of robotics into healthcare.
Founded in 2015 by Arpit Paliwal and Shweta Paliwal, HRS Navigation (Happy Reliable Surgeries Private Limited), develops affordable, high-precision surgical navigation systems. The company is recognized as the first Indian developer of computer-assisted surgery solutions.
Its flagship platform, easyNav, is an image-guided system that offers real-time navigation support to surgeons during procedures. The technology uses optical pattern recognition and operates without consumables, helping reduce costs compared to imported systems.
The easyNav system is currently used in cranial, spine, and ENT surgeries, and has supported over 20,000 operations across India. By offering a cost-effective alternative to imported systems, the company enables hospitals in smaller towns and cities to adopt advanced surgical technologies.
HRS Navigation’s easyNav Infinity platform has received international recognition, including the iF Design Award 2024 and the A’ Design Award.