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Nivaan Care Raises $7 Mn in Series A Funding

New Delhi, January 27, 2026: Nivaan Care, a chain specialising in interventional pain management, has raised $7 million in a Series A funding round led by Sorin Investments.

Existing investors W Health Ventures, Endiya Partners, and Rebright Partners also participated in the round, reinforcing confidence in the startup’s clinical model and expansion plans.

Scaling a Young but High-Potential Medical Specialty

Founded in 2023, Nivaan Care focuses on minimally invasive treatments for chronic pain, addressing conditions related to the back, knees, neck, and joints. The fresh capital will be used to expand its clinic network across India, upgrade medical and operational infrastructure, and further strengthen its interventional pain management offerings.

“Interventional pain management is still a very young specialty in India and does not yet exist at scale,” said Nivesh Khandelwal, Co-founder and CEO of Nivaan Care. “The space today is where IVF was about 20–25 years ago. While the US has nearly 4,000–5,000 interventional pain management clinics, India has fewer than 200. That is the gap we aim to bridge.”

Addressing the Gap Between Surgery and Patient Acceptance

Khandelwal highlighted a key challenge in India’s healthcare landscape—low surgical adoption despite high recommendation rates.

“In India, out of every 100 surgeries prescribed, only around 20 are actually performed. Nearly 80% of patients avoid surgery due to fear, uncertainty, and the perceived risks involved,” he said. “Minimally invasive pain management procedures offer an effective alternative for such patients.”

Aggressive Expansion Plans

With product-market fit now established, Nivaan Care is shifting its focus toward rapid scale-up. The company plans to expand from its current 15 clinics to nearly 60–75 clinics over the next four to five years, significantly increasing access to specialised pain management care.

Currently, the startup operates clinics across Delhi-NCR, Mumbai, Jaipur, and Lucknow, following a multidisciplinary team-based care model that brings together pain specialists, physiotherapists, and care coordinators.

Investor Confidence in an Underserved Market

Commenting on the investment, Mandar Dandekar, Partner at Sorin Investments, said pain management remains a large but underserved medical specialty in India.

The segment is structurally difficult to scale within traditional hospital settings. Given the massive addressable patient base and the lack of organised players, we believe Nivaan Care is well-positioned to build India’s leading integrated pain management platform,” he said.

Strong Early Traction

Since inception, Nivaan Care has completed over 40,000 patient consultations and performed nearly 5,000 minimally invasive procedures, highlighting strong demand for non-surgical pain solutions.

As chronic pain cases rise due to aging populations, sedentary lifestyles, and postural challenges, Nivaan Care’s expansion could play a key role in shaping the future of interventional pain management in India.

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