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IIT Hyderabad’s CfHE Raises $9.6 Million to Boost Healthcare Innovation

IIT Hyderabad's CfHE Raises $9.6 Million to Boost Healthcare Innovation

The Center for Healthcare Entrepreneurship (CfHE) at IIT Hyderabad has secured $9.6 million in funding from Sushant Kumar, founder of Tanushree Foundation and ESKEYN Ventures. This substantial investment aims to fuel the development and adoption of innovative healthcare solutions.

Accelerating Healthcare Solutions:

CfHE, a nationally recognized healthcare technology business incubator, intends to use the funds to accelerate the development and adoption of breakthrough healthcare solutions. This initiative targets addressing unmet needs and enhancing patient outcomes.

Sushant Kumar highlighted that the investment will empower CfHE to expand its initiatives for nurturing healthcare entrepreneurs. This includes providing resources, mentorship, and networking opportunities crucial for translating innovative ideas into impactful solutions.

B.S. Murty, Director of IIT Hyderabad, emphasized CfHE’s vision for Aatmanirbhar Bharat and Make in India. The collaboration between industry and academia through CfHE’s initiatives promises transformative changes benefiting society.


Conclusion:

CfHE’s focus on fostering indigenous development in medical devices and healthcare innovations aligns with the national vision for self-reliance. The funding is expected to further bolster CfHE’s efforts in nurturing entrepreneurship and innovation in the healthcare sector.

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