Maverick Simulation to invest Rs 50 Cr in R&D for medical training technologies

Maverick Simulation Solutions, a medical simulation company based in Delhi, plans to invest over Rs 50 crore in research and development to expand its portfolio of healthcare training products.

The investment will support the integration of technologies such as artificial intelligence (AI), augmented reality (AR), and virtual reality (VR) into its simulation tools used in medical and nursing education.

Founded in 2019 and focused on manufacturing "made-in-India" simulators since 2021, Maverick develops training devices ranging from basic task trainers to high-fidelity systems. Its offerings are used for skills such as intravenous access, airway management, and cardiopulmonary resuscitation. The company currently supplies products to more than 100 institutions, including All India Institute of Medical Sciences (AIIMS), the Defence Research and Development Organisation (DRDO), and Indian Institutes of Technology (IITs).

“The future of healthcare education depends on how well today’s students are trained for real clinical challenges,” said Anuj Chahal, fFounder and CEO of Maverick. “With this R&D investment, we aim to improve product design, introduce new technologies, and make training more realistic and repeatable.”

The company said it has reported revenue of Rs 100 crore for FY 2024–25 and is targeting Rs 300 crore in the coming fiscal year. It also plans to expand its reach to over 250 institutions, including facilities in rural and semi-urban areas.

The R&D initiative will focus on developing new prototypes and enhancing the company’s engineering, clinical integration, and content development capabilities. Development work will be conducted in India, with academic institutions providing testing and feedback.

“Simulation-based learning plays an important role in helping students gain clinical confidence,” said Dr Sunil Tomar, a director at the company. “These products help students practice procedures multiple times before working with real patients.”

Maverick said the goal of the investment is to increase access to practical, re-usable training tools and meet rising demand for hands-on education in medical, nursing, and paramedical fields. The company indicated that it would continue to work with educational partners to align product development with curriculum needs.