Healthtech startup Nivaan Care has raised $7 Mn (around INR 64.2 Cr) in its Series A funding round led by Sorin Investments, with participation from W Health Ventures, Endiya Partners, and Rebright Partners
Headquartered in the national capital, Nivaan Care plans to deploy the capital to expand its clinic network across multiple Indian cities, including Bengaluru, and strengthen its innovations on minimally invasive pain management procedures.
Currently, Nivaan Care has clinics across Delhi NCR, Mumbai, Jaipur and Lucknow.
“This capital allows us to scale the model responsibly by expanding our footprint, deepening clinical capabilities, and continuing to innovate on patient-first pain management solutions that are designed for India’s needs,” said Nivaan Care cofounder and CEO Nivesh Khandelwal.
Founded by Khandelwal and Vishwas Singh in 2023, Nivaan care operates pain management clinics, which provide non-surgical, minimally invasive solutions for chronic pain. The startup has a multidisciplinary team, including pain physicians, physiotherapists, and care coordinators, offering treatments such as Radiofrequency Ablation and PRP therapy for conditions like back, neck, and knee pain.
The startup claims to have offered more than 40,000 consultations and more than 5,000 pain relief procedures to date.
According to a report, nearly 47% of Indians aged 45 and above report joint pain, and about 31% live with persistent back pain. Lack of treatment and dependency on painkillers may result in irreversible damage, disability, and serious health complications, the report added.
With growing awareness, people are moving towards medical solutions for chronic pain, resulting in investors backing startups which are working on the same issue. Last year, healthtech startup FlexifyMe raised INR 20 Cr in its pre-Series A round to offer online physiotherapy solutions for chronic pain for neck, lower back, shoulder, and more.
Similarly, Gurugram-based Patch Up is focused on delivering nutrients, vitamins and minerals through transdermal patches that absorb through the skin. The startup is planning to enter the pain management category in the next few months.
According to Inc42’s ‘Annual Indian Startup Trends Report, 2025’, the market for healthtech is projected to grow at 39% CAGR from 2025 to cross the $37 Bn+ mark by 2030. Notably, the number of deals in the sector declined to 54 last year from 78 in 2024.
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