Bengaluru-based medtech startup InnAccel Technologies Pvt Ltd has raised a pre-Series A funding of $1.5 million led by a venture capital fund Mount Judi Ventures. The startup’s promoters Siraj Dhanani and A Vijayarajan have also participated and invested in this round. InnAccel plans to use the funds in commercialising its products in India and other emerging markets. As the company’s products are US FDA and European CE approved, it also plans to introduce them in developed markets like the US and EU to get some initial validations and tractions. The firm is also looking to explore out-licensing or partnership opportunities with large medtech companies.

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