Real time asset tracking tech Trackerwave eyes deeper play in government hospital segment

Pradeep Vadakkekhatt, Co-founder and Director at Trackerwave

Chennai-based Trackerwave, an organization that builds Real-Time Location Techniques (RTLS) merchandise for hospitals, is trying to increase its choices to the government hospitals segment in India. 

RTLS are a mix of {hardware} units and software program that permit giant groups inside hospitals to handle companies like transferring sufferers, coordinating samples and checking the provision of assorted medical tools utilizing a centralised system fairly than particular person level options or handbook data. 

Chatting with businessline, Pradeep Vadakkekhatt, Co-founder and Director at Trackerwave mentioned {that a} wave of greenfield government hospitals are actually more and more know-how to finest utilise their assets and this it has created an enormous marketplace for answer suppliers like Trackerwave. 

Trackerwave at the moment gives RTLS options to its footprint of 150 clients who’re virtually solely personal hospital chains. Out of its buyer base, about 100 are Indian hospitals chains together with Apollo Hospitals, Max Healthcare and Proton Most cancers Centre.  Internationally, it has a presence in the Center East and South Asia and is trying to enter the US market this yr. 

Vadakkekhatt added that the corporate is trying to increase its footprint to about 300 hospitals, a good portion of which might be government hospitals in India.

He added that non-public fairness investments in smaller hospital chains have additionally been a tailwind for the RTLS trade as institutional gamers typically wish to infuse such technological improvements into hospital operations. He added that the productiveness positive aspects from Trackerwave’s options are appropriate for hospitals with a minimal of 100 beds.  

Trackerwave closed FY26 with revenues of about ₹11 crore and is anticipating a topline of about ₹30 crore in the present fiscal ending March 2027. 

Revealed on Might 11, 2026