AM Naik, Madhusudan Kela invest in medical devices companyS3V Vascular Technologies

Mysore-based S3V Vascular Technologies Ltd, a medical devices manufacturing company focused on neurovascular devices to treat strokes, has raised a series B round of funding from investors including former L&T chairman AM Naik and veteran investor Madhusudan Kela, the company’s founder told Moneycontrol in an interaction. The company will use the funds to build a Rs300-crore integrated manufacturing facility for neurovascular devices at Mysore.