AIC T-Hub selects 20 startups to Drive Healthcare Innovation in India

AIC T-Hub selects 20 startups to Drive Healthcare Innovation in India

T- hub

India, 7th Feb 2024: T-Hub, India’s leading startup incubator has today announced the launch of the new cohort of the AIC T-Hub Healthcare program, aimed at fostering technological advancements and innovations within the healthcare sector across India. The program will host 20 startups carefully selected for their groundbreaking solutions in the healthcare ecosystem.

The selected startups in the upcoming cohort will be addressing critical challenges in Digital Health, Wearables, and Hospital Systems. The program’s structure involves a 12-week intensive curriculum with mentorship from healthcare thought leaders, doctors, and industry experts. The program offers a range of benefits to startups, including support for product development, assistance with commercialization plans, market understanding, business plan refinement, and access to resources essential for growth. The program also provides access to a prototyping lab equipped with healthcare sensors.

Startups were shortlisted based on criteria such as MVP, founder experience, and business model viability. Amongst the selected startups are- EXSEGEN GENOMICS RESEARCH PRIVATE LIMITED, Pratibha Healthkon Private Limited, RudrastraApptech Pvt Ltd, Medstown, Diagnosis, MolVerse Pvt Ltd – Accelerating Molecular Discoveries, MicroHeal Wellness Pvt Ltd, MEDICOINNOVEX TECHNOLOGIES LLP, ASPIRE HEALTH AND MEDICARE PVT. LTD, Swarupa Narsimha Healthcare (OPC) Pvt Ltd, Cliniv Health Tech, SC Health care Logistics Pvt Ltd, Incra Soft Private Limited, LIV Emergency Healthcare, Terrablue, Medaid, Aarogya ID, NEORDENT HEALTHCARE SOLUTIONS PVT LTD

Mahankali Srinivas Rao (MSR), CEO, T-Hub, said, ” With the launch of our fourth AIC T-Hub Healthcare cohort, we are taking another significant step towards advancing healthcare innovation in India. The startups selected for this program represent the future of healthcare technology. We are committed to providing them with a robust ecosystem, expert mentorship, and the necessary resources to drive their growth and impact. Together with AIC T-Hub, we look forward to witnessing groundbreaking solutions that will shape the landscape of healthcare in our country”.

Rajesh Adla, CEO, AIC T-Hub Foundation, said, ” This cohort marks a pivotal moment for healthcare innovation in India. Our startups have an unprecedented opportunity to redefine the healthcare landscape, and the AIC T-Hub Healthcare program is the catalyst for that transformation. We aim to not only support these startups but to empower them to think beyond boundaries. Together with T-Hub, we are creating a platform where innovation meets impact, ultimately contributing to India’s emergence as a global healthcare hub”.

Throughout the program, AIC T-Hub will also support selected startups with investment opportunities, grants, customer pilots with hospitals, clinical validation, and access to a prototyping lab with healthcare sensors. Over the past three cohorts, the AIC T-Hub Healthcare program has played a pivotal role in supporting 45 startups, enabling them to secure approximately 10 Crores in investments and facilitating 21 market pilots with various hospitals. The program’s impact is underscored by the success stories of startups achieving USFDA approvals and raising multiple rounds of funds.

Looking ahead, AIC T-Hub plans to initiate partnership joint programs with hospitals, further solidifying its commitment to shaping the growth and innovation of the healthcare industry in India. To date, the AIC T-Hub Healthcare program has impacted 60 mentors, collaborated with 30 hospitals and completed four successful cohorts.

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