12 January 2022 | News
The programme is designed to support MVP to commercialisation stage ventures that have the potential to increase access and affordability of healthcare in India
Image Credit: Shutterstock
NSRCEL, the startup hub at IIM Bangalore, has selected seven early-stage healthcare startups for its final stage of the Incubation Program for Healthcare Startups, which are currently undergoing a nine-month incubation programme.
The programme is designed to support MVP to commercialisation stage ventures that have the potential to increase access and affordability of healthcare in India.
The structured incubation programme provides support to Healthcare innovators and entrepreneurs through their ‘lab to market’ journey. With the NSRCEL healthcare incubation programme, both clinicians and hospitals can engage with startups and mentor and monitor the progress of those startups which can contribute to their strategic objectives.
The Incubation Program for Healthcare Startups was launched in early 2021 and received over 300 applications from all over the country. 26 firms were shortlisted for a pre-incubation program, and from there seven are now undergoing an intensive nine-month incubation journey with NSRCEL.
The ventures selected in this cohort are working in areas like oncology, neurology, mental health, HR tech for doctors, etc. During their incubation journey, the startups will be engaged in domain-specific support through mentors, industry experts, and investors in the Healthcare space. NSRCEL will facilitate networking and peer-learning sessions to explore synergies within and beyond the NSRCEL Startup Ecosystem.
TOP seven ventures under incubation prog for health startups are:
1. MedPiper Technologies
2. Dial4242 Ambulance Services
4. Daffodil Health
5. Onward Assist