IIT-H incubated startups develop healthcare technologies to save babies' lives
UNI Aug 02, 2018
Indian Institute of Technology Hyderabad-incubated startups have developed healthcare technologies to save babies' lives and help bed-bound individuals.
The Second Batch of Fellows graduating from Center for Healthcare Entrepreneurship (CfHE), IIT Hyderabad, have formed two startups and met a jury panel to pitch their ideas during ‘Second Graduation Pitch Day 2018’ held on August 1. The Jury panel includes top investors in healthcare area, leading healthcare practitioners from hospital networks including Kamineni and Asian Institute of Gastroenterology and academics including lead advisers from Stanford University.
HEAMAC Healthcare Pvt Ltd, which aims to solving unidentified pressing needs in neonatal and maternal care, has developed a product to help infants suffering from physiological jaundice. Kvayat Medical developed a product on faecal management system to assist bed-bound individuals and enabling them to lead life with dignity.
Both startups were involved in lengthy clinical immersions over several months at leading hospitals to assess the unmet needs in the medical fraternity. They have gathered positive feedback on their proposed solutions Lauding the startups and the technologies developed by them, Prof U B Desai, Director, IIT Hyderabad, said, “The Institute is proud to incubate startups that are coming up with products that will have a huge impact on the society. We are sure their ideas will have a lot of traction with Indian healthcare community. We look forward to more startups coming up with innovative products from the upcoming CfHE batches.”
The Second Graduation Pitch Day 2018 is a platform to showcase the work of graduating CfHE Fellows and young entrepreneurs from IIT Hyderabad using a Pitch-to-Investor format. It is a forum to help forge new collaborations within and between the community of healthcare technologists, investors and social entrepreneurs.
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