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IIT-Hyderabad's startup wins Rs 25 lakh as funding

Press Trust of India  |  Hyderabad 

: The Indian Institute of Technology, Hyderabad (IIT-H), Monday said its incubated startup BeAble has won Rs 25 lakh in funding at the 'Open Innovation Challenge 2019' of India Innovation Growth Programme (IIGP) 2.0.

The startup is a spin-off from the first batch of Fellowship in Healthcare Entrepreneurship at Centre for Healthcare Entrepreneurship (CfHE) IIT-H, and works in convergence of good design and technology to rehabilitate stroke patients,a press release said.

The 'Open Innovation Challenge 2019' received more than 1,600 applications from across the country, the release said.

BeAble Health was selected as one of the winners and awarded seed grant of Rs 25 lakh to support its market penetration and scale-up operations, it said.

ArmAble' is BeAble Healths first product and is aimed at solving the need for an intensive, engaging and regular rehabilitation therapy for upper limb.

It is aimed at conditions such as cerebral palsy, multiple sclerosis, traumatic brain injury, fracture and frozen shoulder, the release said.

A biomedical engineer and a CfHE Fellow Habib Ali, who co-founded BeAble, said, IIGP 2.0 has put BeAble Health in a position which allows us to aggressively pursue our targets. The seed granted will accelerate our pilot production."

"We aim to deploy around 100 devices in the coming year for both sale and rent. This will allow us to deliver more than 1 lakh hours of therapy impacting the lives of many," he said.

ArmAble provides rehabilitation therapy for the upper limb through interactive and fun games, which motivate the 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.

At present, 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, the release added.

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

First Published: Mon, July 22 2019. 19:32 IST
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