Bangalore, November 26, 2024
Prodancy Pvt. Ltd., a pioneering Medtech startup specializing in surgical consumables for joint replacement surgeries, has successfully raised ₹2.14 Crore in a funding round Co-Led by Campus Angels Network and Keiretsu Forum Chennai, It also saw participation from existing investors Center for Cellular & Molecular Platforms (C-CAMP), and other angel investors which reaffirmed its confidence in Prodancy through follow-on funding.
This investment will fuel Prodancy’s growth in India while advancing its plans to expand into global markets, including the United States. With joint replacement surgeries in India growing at an impressive 22% CAGR, Prodancy is poised to capitalize on this momentum through its innovative product portfolio.
Co-founded by Pradeep Vamana and Venkatesh Parthasarathy, Prodancy is redefining surgical consumables with a focus on affordability and innovation. Its flagship product, Vizbl, is the world’s lightest surgical helmet— 40% lighter and 50% more cost-effective than competitors. The helmet’s unique no-chin-bar design ensures superior comfort and protection for surgeons during lengthy joint replacement procedures, addressing critical ergonomic and safety challenges.
Since its launch in early 2023, the Vizbl helmet has made remarkable progress, with over 230 units sold and 12,000+ surgeries performed using the technology across India’s top hospitals. Prodancy is now scaling its operations and preparing to meet international regulatory requirements for its planned entry into global markets.
