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MathWorks is an ally in accessibility, enabling healthcare startups to build solutions for rural India

YourStoryYourStory · 1y ago
MathWorks is an ally in accessibility, enabling healthcare startups to build solutions for rural India
Medial

In India, technological advancements in healthcare have predominantly been limited to urban areas, leaving rural regions with limited access to quality healthcare. However, healthtech startups leveraging technologies like telemedicine and AI are working to bridge this gap. The MathWorks Accelerator Program supports healthcare startups by providing free access to industry-proven software, technical expertise, and guidance from domain experts. Through this program, startups can develop innovative medical devices and solutions that cater to the needs of rural healthcare in India. Startups like iMedrix and PlebC Innovations have already made significant contributions in preventative cardiac care and accessible ultrasound procedures.

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AIC T-Hub selects 20 startups for healthcare program’s 5th batch

EntrackrEntrackr · 7m ago
AIC T-Hub selects 20 startups for healthcare program’s 5th batch
Medial

AIC T-Hub selects 20 startups for healthcare program’s 5th batch. Startup incubator T-Hub in collaboration with Atal Innovation Mission (AIM) has announced the launch of the 5th cohort of AIC T-Hub Healthcare Program. The program has selected 20 promising startups from a competitive pool of over 209 applications. As per T-Hub, this three-month hybrid program is designed to accelerate innovation in MedTech, digital health, and healthcare accessibility by providing startups with mentorship, market access, investor engagement, and regulatory guidance. Among the selected startups are Artyem Care, Bioscafil, Chqup, Cloud Palliative Care, Dag2IL, Epirelief, Dr. DICOM (GLOCAL DIGITAL), Kashi Medicos, Nahush Pharma, Oui Medical, Planytics, Reyansh Technologies, Sigma Mozak, Signel Biomedical, Skinska, Tap Health, thebabyland, TurocratesAI, 365Veda, and Warkas. These startups were selected based on their proof-of-concept readiness, technological innovation, regulatory compliance preparedness, market potential, and the strength of their founding teams. Through this program, startups will gain access to leading hospitals and healthcare institutions for real-world validation and pilot studies, ensuring their solutions are market-ready and clinically viable. Additionally, by engaging with venture capitalists, healthcare firms, and policymakers, startups will have opportunities to forge strategic partnerships and secure funding. Since its inception, AIC T-Hub has supported 53 healthcare startups across four previous cohorts in MedTech, digital health, and healthcare accessibility. These startups have collectively raised over Rs 60.46 crore in funding from investors and grants, facilitated more than 180 market access opportunities with hospitals, corporates, and healthcare institutions.

MedySeva raises Rs 4 Cr led by Unicorn India Ventures

EntrackrEntrackr · 13d ago
MedySeva raises Rs 4 Cr led by Unicorn India Ventures
Medial

Healthtech startup MedySeva has raised Rs 4 crore in a seed round led by Unicorn India Ventures. The proceeds will be used to expand phygital healthcare clinics across tier-II and tier-III locations, upgrade its telemedicine platform, strengthen digital infrastructure, increase patient outreach, and build on-ground operations and clinical support teams. Founded in 2022 by Dr. Vishesh Kasliwal, MedySeva provides teleconsultation and in-person doctor services through a hybrid healthcare model for rural and semi-urban regions. The company connects patients to doctors across medical specialities using a central telemedicine platform supported by physical clinics. MedySeva claims to have delivered 1,00,000 consultations in the last 12 months with a 60% repeat-patient rate. The firm aims to scale to 2 lakh annual consultations in 18 months. It has partnered with medical colleges to set up satellite clinics and onboarded doctors from 10 medical specialties. The brand has also tied up with pharmacies and healthcare providers to build a local care network. MedySeva plans to open over 500 phygital healthcare centres across India over the next 18–24 months and enter five new states through institutional and state-level partnerships. MedySeva competes with primary healthcare and telemedicine players such as Practo, Medibuddy, Clinikk, HealthPlix, CureBay, and eSanjeevani in rural and semi-urban healthcare access.

Prantae Solutions saises seed round from IAN Group

EntrackrEntrackr · 10m ago
Prantae Solutions saises seed round from IAN Group
Medial

Deep-tech company Prantae Solutions has raised Rs 5 crore in a seed funding round led by the IAN Group, with participation from investors such as IAN Alpha Fund, Samir Kalia, Deepank Kumar, and Nitin Zamre. The fresh funds will be used to launch complementary diagnostic solutions for kidney health and diabetes care, enhance the product portfolio, and invest in research and development, Prantae Solutions said in a press release. Founded in 2015 by Sumona Karjee Mishra and Aseem Mishra, Prantae is a deep-tech-focused company emphasizing strong intellectual property and differentiated products. The company aims to transform healthcare into a realm of inclusivity and empowerment through next-generation diagnostic innovations. The Bhubaneswar-based company strives to break barriers in medical accessibility by developing cutting-edge, point-of-care solutions that deliver accurate, timely, and actionable insights. It is recognized for its commitment to innovation that enables early detection and proactive management of chronic conditions. According to market research, the point-of-care (POC) diagnostics market in India, valued at $1.41 billion in FY2024, is projected to grow at a CAGR of 8.47%, reaching $2.71 billion by FY2032. Globally, the market is expected to grow from $30.87 billion in 2023 to $51.19 billion by 2032. Prantae’s flagship product, Proflo-U, empowers kidney health assessment with its globally unmatched detection range for microalbumin to proteinuria levels. Powered by proprietary nanosensors, IoT, and AI technology, it offers calibration-free, cost-effective, and user-friendly testing solutions designed to improve patient outcomes and reduce healthcare costs. Prantae aims to establish a strong domestic presence before expanding to international markets. It also seeks to build highly differentiated point-of-care products and aspires to transform healthcare diagnostics, improving accessibility for millions worldwide.

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