Optum, IIIT-Hyderabad Partner To Support 5 Healthcare Startups

Hyderabad, Nov 5 (KNN)
Optum Global Solutions (India) announced the launch of the first Optum Startup Studio India cohort in partnership with International Institute of Information Technology, Hyderabad (IIIT-H).

It consists of five healthcare startups focussed on telehealth, clinical decision support and digital health solutions.

The main aim of Optum Startup Studio is to identify innovative ideas and startups that can help accelerate the process of seeking solutions to some of healthcare's most pressing challenges.

They will be provided with mentorship across their early-stage needs, including technology, business strategy, design and product development.

The selected startups will also be given an equity-free grant of USD 25,000 by Optum.

Concurrently, IIIT-H which is the innovation partner for Optum Startup Studio India, will be leveraging its deep tech research capabilities and experience in incubating startups to provide the cohort with research and business mentorship.

The five startups and their solutions are MedTel (remote patient monitoring platform); Grailmaker Innovations (AI-enabled SaaS app that allows pre-emptive interventions to lower cost of care and improve health outcomes for children with cortical visual impairment); Daffodil Health (paediatric behavioural health platform for children with developmental delays and conditions); Nemocare (IoT-enabled wearable device for newborn babies to avoid unnecessary hospitalisations); and BWell Health (contactless health monitoring/screening tool uses smartphone camera and AI algorithms to track and monitor key vitals of patients).
(KNN Bureau)

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