IIT Indore’s healthcare startups secure ₹5 cr to revolutionize medical technology

Indore (Team Newsbuddy) : In a significant boost to India’s healthcare innovation landscape, fifteen pioneering healthcare startups incubated at the Indian Institute of Technology Indore have collectively secured ₹5 crore in funding. This initiative aims to accelerate the development of advanced medical technologies, including early detection systems for diseases like cancer and Alzheimer’s, portable emergency medical testing units for trains and planes, and solutions to enhance healthcare accessibility in rural regions.
The funding was formally awarded during a ceremony at the Habitat Center in New Delhi, where Union Minister Dr. Jitendra Singh and Indore Member of Parliament Shankar Lalwani presented the grant letters to the selected startups. Each startup received a portion of the fund, with provisions allowing individual grants to increase up to ₹1 crore based on project requirements and milestones achieved.
Among the groundbreaking projects is NovaWalk, which has developed a wearable device designed to assist individuals with paralysis in regaining mobility, offering renewed hope and independence to patients. Another venture has introduced an artificial intelligence-driven platform that facilitates seamless communication between patients and doctors, irrespective of language barriers, thereby enhancing the quality of care. Additionally, innovations such as a suitcase-sized portable blood testing unit and a robot-assisted ultrasound system are set to transform diagnostic procedures, especially in underserved rural areas.
These startups are part of IIT Indore’s Charak Digital Transformation Health Platform, an initiative dedicated to integrating technology with healthcare to address pressing medical challenges. The platform fosters collaborations among IIT professors, doctors from AIIMS Bhopal, and interdisciplinary teams of engineers and medical professionals, ensuring that the solutions developed are both technologically sound and clinically relevant.
Union Minister Dr. Jitendra Singh lauded the transformative role of technology in healthcare, emphasizing its potential to revolutionize patient care and medical outcomes. MP Shankar Lalwani highlighted the significance of these innovations in bringing state-of-the-art medical solutions to rural Madhya Pradesh, thereby bridging the healthcare accessibility gap.
This funding initiative underscores a commitment to nurturing homegrown technological solutions that address critical healthcare needs, positioning India at the forefront of medical innovation.