Hyderabad

IIT-H health start-up gets ₹ 25 lakh funding

Habib Ali (second left), founder and CEO, BeAble, receiving the cheque during IIGP 2.0 Awards ceremony at Delhi recently.  

Indian Institute of Technology Hyderabad-incubated startup ‘BeAble’ has won ₹ 25 lakh in funding at ‘Open Innovation Challenge 2019’ of India Innovation Growth Programme (IIGP) 2.0.

The start-up is a spin off from Ist batch of Fellowship in Healthcare Entrepreneurship at Center for Healthcare Entrepreneurship (CfHE) – IIT Hyderabad, and works in the convergence of good design and technology to rehabilitate stroke patients.

The IIGP 2.0 Open Innovation Challenge 2019 received more than 1,600 applications from across India and BeAble Health was selected as one of the winners and awarded the seed grant to support its market penetration and scale-up operations.

The programme is a tripartite initiative of Department of Science and Technology (DST), American global defence manufacturer Lockheed Martin and Tata Trusts. “The seed granted will accelerate our pilot production. We aim to deploy around 100 devices in the coming year,” said bio-medical engineer and co-founder of BeAble Habib Ali.

‘ArmAble’ is BeAble Health’s first product provides rehabilitation therapy for upper limb through interactive and fun games motivating users to perform therapy. It can be used by patients who have suffered a stroke, traumatic brain injury, spinal cord injury, frozen shoulder and/or fracture under the guidance of a physiotherapist. The company is preparing to sell the devices to hospitals, physiotherapy clinics and rehabilitation centers as well as to individual customers on a rental basis. “IIT-H looks forward to incubating many more successful start-ups,”said Prof. Renu John, Co-Head of CfHE & Head, Department of Biomedical Engineering. K.G. Sreehari is co-founder & chief operating officer.

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Printable version | Jan 26, 2021 1:58:44 AM | https://www.thehindu.com/news/cities/Hyderabad/iit-h-health-start-up-gets-25-lakh-funding/article28664473.ece

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