Indore (Madhya Pradesh): Fifteen innovative healthcare startups incubated at IIT-Indore have received a funding of Rs 5 crore to develop cutting-edge medical technologies. These startups are working on solutions that can detect diseases like cancer and Alzheimer’s at an early stage, provide emergency medical tests in trains and planes, and improve healthcare accessibility in rural areas.
The funding was granted at an event held at Habitat Center in Delhi, where Union Minister Jitendra Singh and Indore MP Shankar Lalwani handed over the letters to the selected startups. Each startup received a share of the fund, with the possibility of increasing individual grants up to Rs 1 crore.
Speaking at the event, Minister Jitendra Singh praised the role of technology in revolutionizing healthcare, while MP Shankar Lalwani highlighted how these startups are bringing advanced medical solutions to rural Madhya Pradesh.
Among the groundbreaking innovations, NovaWalk has developed a wearable device that helps paralyzed individuals walk again. Another startup has created an AI-based language solution enabling patients to communicate with doctors in any language. Additionally, a portable blood testing unit that fits in a suitcase and a robot-assisted ultrasound system for rural areas have been introduced.
IIT Indore’s Charak DT Platform Driving Healthcare
The initiative is part of IIT Indore’s Charak DT Health Platform, aimed at transforming healthcare through technology. The startups include ventures founded by IIT professors, AIIMS Bhopal doctors, and collaborations between engineers and medical professionals.