Noccarc aims to build large product portfolio in MedTech, plans to increase team size by approximately 55% in next Quarter

New Delhi, June 30, 2021: Efficiency, quick scaling, and sustained growth are things that every startup aims to achieve. However, few do it whilst maintaining the high quality of products in a short span of time, especially when a significant percentage of the products are critical medical equipment such as ventilators. To achieve its goals, augment its product offerings, and scale up, a startup would need to expand its team by recruiting experienced, highly skilled individuals. Against this backdrop, Noccarc, a Pune-based tech startup that is committed to solving real-world problems by materializing futuristic visions with remarkable technological expertise has announced its plans of expanding its team size by approximately 55% in the coming quarter. Noccarc currently has a 130+ strong team.

Aiming to expand the headcount by 30% for critical functions such as R&D and Engineering and Testing, and by 25% for the Quality, Compliance, Finance, HR, Service, and other departments by the end of 2021, the startup, which achieved exponential growth over the past 12 months, will be hiring a majority of employees in senior or mid-level roles. With product launches in the pipeline, Noccarc’s primary focus is to strengthen the Product and Operations team through this hiring. Having gained customers’ trust within 8 months amidst the pandemic, Noccarc is now aiming to continue its growth streak. The team expansion will not only allow the startup to ease out its internal processes and operations but will also help in developing solutions and leverage technology to add value at the customer’s end as well as for its other internal and external stakeholders.

Having multiple projects underway, the newly hired team will strengthen the existing teams and work towards decreasing the TAT (Turn Around Time). While most of the hiring is happening through online job portals and referrals, Noccarc is also working with independent consultants to identify the right candidates as per the requirements of each job role. Given the current scenario, the startup is conducting interviews through video calls. While the eligibility for each role varies, Noccarc is looking to hire candidates who can stretch themselves intellectually and possess the ability to work in a fast-paced environment. With high priority given to candidates being cultural fits, the startup, which offers exceptional learning opportunities, prefers to hire candidates who are passionate about solving real-world problems and are ready to learn and unlearn.

Speaking on the hiring and expansion plans, Harshit Rathore, Co-Founder of Noccarc said, “Noccarc has already proven its extraordinary capabilities by supplying superior quality ICU ventilators across India in less than a year. The journey of 5 individuals starting in a 200 sq. ft area to growing to a team of 130+ with 50,000 sq. ft of factory and office space has been a remarkable one. The supply was estimated to be over 20% of total ICU ventilators supplied in the country in the calendar year of 2021. India currently relies on imports for 85% of critical medical devices and Noccarc aims to bring this percentage down significantly over the next 4-5 years. Both the products in the pipeline and the ones that we will build in the future will not only be designed for India but will be compliant with CE and USFDA requirements as we strongly see an acceptance and demand for our innovative, high-end products in the global market. Every new hire at Noccarc will have a crucial role to play in our growth and will be shouldering significant responsibilities.”

He further added “We have just begun executing our plans for Noccarc and we plan to maintain a similar growth rate for the next few years. Our vision is to build an organization that creates high-end, complex products in India so that the country’s engineers who wish to work with cutting-edge technologies don’t need to shift to other countries to follow their passion. Noccarc’s products, besides being technologically advanced, also have a strong purpose behind them, thereby ensuring the team’s motivation and pride in building products that serve the society.”

Since Noccarc’s headquarters and R&D facility are in Pune, and most of the upcoming hiring will be for the Pune office. The fast-growing startup is also planning to hire candidates in operation roles for its Delhi office soon.

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Neel Achary is the editor of Business News This Week. He has been covering all the business stories, economy, and corporate stories.