CIE@IIITHyderabad launches Ojas MedTech Bio-NEST
28 February 2019, Hyderabad: CIE@IIIT-Hyderabad today launched Ojas MedTech Bio-NEST, supported by Biotechnology Industry Research Assistance Council (BIRAC), and Government of Telangana to nurture start-ups building technology-enabled healthcare solutions.
Mr. Jayesh Ranjan, Secretary, Information Technology (IT), Government of Telangana inaugurated the facility at CIE@IIITH in the presence of Dr. Manish Diwan, Head, Strategy Partnership and Entrepreneurship Development, BIRAC.
Speaking on the occasion, Prof P J Narayanan, Director, IIITH said, “Healthcare and wellness are very important areas for IIITH’s research vision and social impact. Ojas can play a critical role in taking our research and expertise in the labs to the society through startups. IIITH is excited about the future potential of this area.”
CIE@IIITH, now the largest academic incubator, has incubated over 300 startups over the past 11 years. Furthering that successful trajectory, Ojas MedTech Bio-NEST is expected to incubate up to 30 startups a year and significantly amplify CIE@IIITH’s recent endeavours around AI and other deep technologies. Ojas will incubate research-leveraged medtech startups focusing on disease prevention, detection, diagnosis, treatment, monitoring and wellness.
Dr. Radha Rangarajan, Head, Innovation and Strategy at Ojas said, “Given the strengths of IIITH in deep tech areas such as computer vision, language technologies, signal processing and cognitive science, start-ups will find significant opportunities to collaborate and co-develop products with its faculty. In addition, the ecosystem of clinicians, life sciences researchers and investors associated with the Incubator, will enable faster product development.”
Ojas has already onboarded 8 startups that include:
Onward Health: Onward Health provides oncology analytics tools that help oncologists look at information of a large volume of patients and come to accurate clinical diagnosis and diagnosis.
Pinoty: Pinoty is an end to end non-intrusive preventive health care solution that uses user questionnaires to segment and identify risk prone individuals and builds innovative wearable devices to securely collect vitals to assess, monitor, conclude and suggest appropriate life style modifications based on machine learning and artificial intelligence lifelong.
Psynapce: Its Savika app is a platform that brings the human, technology and product offerings together to make pregnancy an enjoyable experience for couples by providing ways and means to prepare for, learn and understand the journey.
Altor: Manufactures smart helmets that can be connected to the smart phones to provide features like accident detection and handsfree navigation, they aim to create a new market for smart wearables among the two wheelers community.
Avyantra: Platform for Neonatal Sepsis Detection
Acculi Labs: Non-Invasive Diabetic Screening & Monitoring
CognitiveCare: is a healthcare platform driven by suite of advanced algorithms built using AI (deep learning, neural networks, natural language processing), mathematics and statistics to generate precise insights about the diseases, their networks and portfolio of treatment options.
Root Canal Analyzer: Handheld smart dental instrument to visualize dental pulp chamber and canal orifice for root canal treatment.