ESKEYN Ventures pledges $9.6 M to Center for Healthcare Entrepreneurship at IIT Hyderabad

10 April 2024 | News

Set to accelerate development of breakthrough healthcare solutions

The Center for Healthcare Entrepreneurship (CfHE) at the Indian Institute of Technology (IIT) Hyderabad will be undertaking a massive expansion in innovation in healthcare technologies, powered by the infusion of $9.6 million (approx. Rs 80 crore) by Sushant Kumar, Founder of Tanushree Foundation and ESKEYN Ventures.

This funding support will also provide an impetus towards CfHE’s efforts to achieve indigenisation of technology in this critical field. The Center, which is a nationally-recognised Healthcare Technology Business Incubator, aims to accelerate the development and adoption of breakthrough healthcare solutions to address unmet needs and improve patient outcomes.

This generous pledge will further bolster CfHE's initiatives aimed at nurturing entrepreneurship and innovation in the healthcare sector. With a commitment to fostering indigenous development and addressing unmet needs in healthcare, this collaboration between industry and academia promises to catalyse transformative changes that benefit society at large.

Some of the key innovations that have come out of CfHE include:

ArmAble, which is a neurorehabilitation device for stroke from the startup BeAble Health

Nemocare Raksha- a small IoT enabled wearable for safeguarding neonates from Nemocare Wellnes 

Vaccine on Wheels platform enabling vaccinations at the last mile with a reach to 2.5 million beneficiaries in 3 years from Jivika Healthcare



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