AMTZ Launches a Dedicated Capital Fund to Scale MedTech Innovation

The fund aims to support startups and growth-stage companies by enabling them to scale research, product development, and manufacturing capabilities.

Andhra Pradesh MedTech Zone (AMTZ), in collaboration with MedArtha Capital, has launched a dedicated capital fund focused on scaling India’s MedTech sector.

The fund aims to support startups and growth-stage companies by enabling them to scale research, product development, and manufacturing capabilities.

The fund is specifically designed to provide growth capital and strategic support to emerging medical device companies in India.

Highlighting the significance of the initiative, Union Minister Piyush Goyal described India’s MedTech sector as a “sunrise opportunity,” citing the country’s expanding talent pool and rising preventive healthcare awareness.

He further added, “India’s growing talent pool and rising preventive health awareness make Medtech a true sunrise opportunity. Platforms like this help bridge innovation and capital, enabling startups to scale, advance research, and strengthen manufacturing capabilities across the medical technology value chain.”

Further, it will also connect the capital with domain expertise and access to specialized infrastructure available at AMTZ.

Commenting on the launch, Jitendra Sharma, MD and Founder CEO, AMTZ, added, “At AMTZ, we have seen first-hand the innovation emerging from Indian Medtech entrepreneurs. With strong engineering, clinical expertise, and cost-efficient manufacturing, India has the potential to produce globally significant medical device companies.”

Reflecting similar thoughts, Ganesh Sabat, Managing Partner of MedArtha Capital, said, “Scaling large, global medical technology companies requires the right capital, deep domain expertise, and access to specialised manufacturing infrastructure like AMTZ. Medartha Capital is an operator-led investment platform that works closely with entrepreneurs to build globally competitive medical device companies from India.”

The new development follows the earlier announcement for the proposed MedArtha Capital fund, with an estimated INR 1000 Cr capital, aimed at strengthening medtech innovation and manufacturing.

The initiative was unveiled by the Union Minister for Commerce and Industry, Piyush Goyal, at a recent event in Mumbai.

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