The company is an existing medical equipment manufacturer since 2011. Their Project Shwaas (A full ICU ventilator) has been developed in close partnership with IIT Bombay (Betic). The ventilator is in advanced stages of development. A prototype would be available by end of April, 2020. Innvolution has developed the ventilator as part of a tender for Hindustan Latex Limited and have secured an order from Andhra Government.