T-Hub and Atal Innovation Centre Selects 17 Startups to Boost Innovation for Indian Healthcare Industry
From a total of 200+ applications, 17 startups have been handpicked after an extensive screening process by T-Hub, AIC (Atal Innovation Centre) and external industry experts. The startups were selected based on their cutting-edge DeepTech innovations for healthcare and life sciences space, go-to market readiness, scalability, team composition, etc. The program is focused on providing startups with world-class experts and resources to sharpen their understanding of markets, refine their business and product commercialization plans.
This time, the cohort focussed on areas such as – Data Digitization, Prevention and Early Detection, Non-invasive medical devices, Capacity Building, Diagnostic Tools for CVD, Cancer, and Eye Diseases and Health Care Workers. Sponsored by Smart Vision Eye Hospital, The program was officially launched at T-Hub in the presence of Jayesh Ranjan, Principal Secretary, IT & Industries, Telangana, Harsimarbir Singh, Co-Founder Pristyn Care and Dr.Anand Govindaluri, Founder & CEO of Govin Capital Singapore and Dr. Harshavardhan Reddy, Founder & Chief Surgeon, Smart Vision Eye Hospitals.
MSR, CEO of T-Hub, said, “Through this program, we aim to create a strong ecosystem empowering startups and facilitating new-age solutions in Healthcare and Life Sciences. We are excited to welcome the selected startups to the AIC-T-Hub program. Over the next few months, we will work alongside AIC to provide the startups access to the right mentorship, funding channels and networking opportunities.”
Rajesh Adla, CEO of AIC T-Hub Foundation said, “This is the best time for our startups to rethink Healthcare innovation. There are enormous opportunities for India to become a Healthcare destination”.
Harsimarbir (Harsh) Singh, Co-Founder, Pristyn Care, said, “We are thrilled to partner with T-Hub for their HealthTech startup accelerator program. Together, we will be providing mentorship and guidance to startups and help them through their early development by providing business advice, resources, contacts, and mentorship.”
Dr. Harshavardhan Reddy, Founder & Chief Surgeon, Smart Vision Eye Hospitals, said, “Healthcare advances have been delivering great benefits to the society, bringing material improvements in average life spans and quality of life. Future technological innovations will continue to keep transforming the healthcare industry. This sector has the potential to lead to economic growth and provide employment. In the near future, I visualize health care innovation in India serving as a global model.”
The launch of the third cohort comes after the successful completion of the second cohort where T-Hub has helped startups in raising 7 Cr in investments and 11 market pilots’ intervention in various Hospitals in sectors such as Digital Health, Wearables and Hospital Systems.
Names of the startups that are shortlisted are: Xtraliving, HSOL, Sanjiva Homoeopathy, Qurix, Health Compass, Latros Health, Second Consult, Thera Healthtec, Immuny5, Yantram Healthtech, Medtotes, Mediforte, Yeshbio Solutions and Thamsar TeleHealth
T-Hub and AIM worked with selected healthcare startups from the existing robust ecosystem which acted as a testbed for the program. The startups benefited immensely with right investor connects, mentorship and guidance which enabled them in scaling up and securing fund-raising opportunities. Through the Program, T-Hub has helped in value creation for Pilots such as Maxcure, Medicover, Apollo, Century, and Care Hospitals and also helped in raising various startups such as Redheal (90 L INR), HeartHealth (40 L INR), Symbionic (1 Cr INR), Startoon Labs (2 Cr INR) and Monitra (3 Cr INR). For more information about the program, visit aic-t-hub-foundation/healthcare/
Rishi Krishna, CEO & Co-founder, Symbionic Tech Pvt Ltd, said, “ Working with T-Hub has been a really good opportunity. It has allowed me to connect with like minded founders and gain exposure to various experts throughout the program. I have learnt a lot and also especially love the patience shown by the team.Looking forward to more good things through this partnership.”
Ravi Chivukula, Co-Founder and CEO of HeARThealth Technologies, said, “Once execution was well underway, further investment and real traction with users is needed. It is here that AIM, and the AIC have been quite supportive, helpful and prevented a few potential mis-steps too – saving time and of course the scarce investment money! Mentorship on how to convert a Technology idea to a business, pitching to investors and raising funding to execute on the idea, and providing the needed Industry connects to pilot and deploy the solution.”
T-Hub’s programs have been successfully scaling startups in partnership with a robust ecosystem of partners. T-Hub, to date, has impacted over 2000 startups through various programs and initiatives, has over 600 global and national corporate partners and has provided 2000 mentor connects to help the startup scale.
T-Hub (Technology Hub) is an innovation hub and ecosystem enabler. Based out of Hyderabad, India, T-Hub leads India’s pioneering innovation ecosystem and is the world’s largest innovation campus. Over the six years, T-Hub has pivoted around the 6Ms (Mentors, Market, Motivation, Manpower, Money, Methodologies) and 2Ps (Partnerships & Policy advisory) framework with a mission of driving results and collaboration for entrepreneurs’ success. It has delivered 100+ innovation programs so far, creating an impact for start-ups, corporations, and other innovation ecosystem stakeholders. Since inception, it has provided over 2000 national and international start-ups with access to better technology, talent, mentors, customers, corporates, investors, and government agencies.
Atal Innovation Mission (AIM) intends to support the establishment of new greenfield incubation centres called Atal Incubation Centres (AICs) that would nurture innovative startups in their pursuit to become scalable and sustainable business enterprises. AIM will support these AICs in creating world-class incubation facilities across the country with the state-of-the-art physical infrastructure, in terms of capital equipment and operating facilities available to their incubated startups, coupled with the availability of sectoral experts for mentoring. Apart from this, business planning support, access to seed capital, industry partnerships, training and other relevant components required for supporting innovative startups will be provided.
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