S3V Vascular Technologies Limited, a medical devices manufacturing company based in Mysore, has raised approximately Rs 300 crore from investors including former L&T chairman AM Naik and industry veteran Madhusudan Kela. This Series B funding will be used to establish a state-of-the-art integrated manufacturing facility worth Rs 300 crore for neurovascular devices, aiming to address the rise of strokes in India.
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