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Narayana Health and Mazumdar Shaw Medical Foundation to extend its support to healthcare technology start-ups

ANI 

along with Shaw Medical Foundation announced that they have signed a (MoU) with THE GAIN, a Global accelerator and Pixel Display, a start-up company based out of

The partnership will witness and Shaw Medical Foundation providing guidance and offering a conducive environment for to validate their innovations.

"We at and MSMF believe that apart from compassion, technological innovations and interventions are crucial to converting today's expensive medical discoveries into affordable solutions. This initiative is an extension of this deep-rooted understanding. The initiative will see us extending our medical knowledge and guiding South Korean startups selected by THE GAIN. We will also be giving them access to our facilities at Narayana Nethralaya eye hospital at the Narayana Health City to thereby helping them to market validate their products", Dr Paul Salins, Senior Vice President, Narayana Health and Managing Director, Shaw Medical Foundation.

"Going forward we intend to expand our associations. We are looking at exploring a partnership with more accelerators as well as startups from and abroad," added Dr

"The MoU will not only help in establishing a bridge but also in enabling exchange between start-ups in and Korea. The initiative will mutually benefit Korean as well as Indian startups as it offers them exposure to global innovations and go-to-market strategies for India", said Poornima Shenoy, - The GAIN.

As part of the partnership will undergo and market validation at the Narayana Health City. is an innovative company from that develops AI based It brings an innovative technology called 'KIZOPTER'. This technology helps in accurate and rapid eye examination in children without any additional hardware other than the mobile.

"I am extremely delighted at the opportunity. I am confident the association will not just help in evaluating the market possibilities of my product, it will also aid in improvising and making the product better. Early ophthalmologic examination before the age of 4 can cure 95% of pediatric eye diseases, but there are many cases and difficulties that children cannot get eye tested in ophthalmic clinics because younger children have hard times of cooperating with and doctors", said Taehyeon Kwon -

With this initiative, the jointly established platform between Narayana Health and Medical Foundation becomes one of the few hospital chains in the country to have extended its expertise to support the start-up eco-system.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, June 13 2019. 12:44 IST
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