Image Source : IPO watch
Aakaar Medical Technologies Pvt Ltd appoints finance veteran Rakesh Parekh as CFO effective December 15, 2025. With 25+ years in healthcare and manufacturing, Parekh will drive funding, expansion, and profitability amid the firm's growth in precision medical devices and surgical innovations.
Show more
Aakaar Medical Technologies, a rising star in India's medtech sector specializing in minimally invasive devices, bolsters its leadership with Rakesh Parekh's appointment as Chief Financial Officer. This move aligns with aggressive scaling plans targeting global markets and R&D investments.
Leadership Highlights
-
Parekh brings expertise from stints at Fortune 500 firms like GE Healthcare and Medtronic, excelling in capital raises, M&A, and cost optimization for medtech ventures.
-
His mandate includes securing Series B funding, optimizing supply chains, and enhancing ESG compliance to fuel Aakaar's pipeline of stents, implants, and robotics.
-
Joins amid 40% YoY revenue growth, positioning the startup for IPO readiness by 2027 in a $50B Indian medtech boom.
Stakeholders applaud Parekh's track record in turning around finances during COVID disruptions. Aakaar eyes unicorn status with this strategic hire.
Sources: Business Standard, ET HealthWorld
Stay Ahead – Explore Now!
Adani Energy Solutions secures LOI for Khavda transmission project: boosting renewable evacuation capacity
Advertisement
Advertisement