‘India Edison Accelerator – Startups powered by GE Healthcare’announces the launch of its second Cohort, with the enrollment of six remarkable health-tech startups – AarogyaAI, BrainSightAI, Fluid AI, InMed Prognostics, Wellthy Therapeutics and Onward Assist.
In its second year now, India Edison Accelerator, the company’s first startup collaboration program based out of India is committed to mentoring and creating strategic partners to co-develop healthcare solutions alongside GE’s engineers and scientists.
Riding on the success of the first Cohort of the program, this time the focus is on technology solutions aimed at streamlining healthcare delivery across verticals- Advanced Imaging and Visualization, Precision Diagnosis and Treatment, Computer-aided Detection and Diagnosis, Point-of-Care Diagnostics, Remote Patient Monitoring, Virtual Hospitals, Data Management and Insights, and Asset Health Monitoring.
GE Healthcare South Asia Vice President Software Engineering Girish Raghavan said the aim of this programme is to harness the brainpower of the start-up ecosystem for developing solutions on the Edison platform for some of the toughest healthcare challenges existing today.
“We are excited about the second Cohort of ‘India EdisonTM Accelerator – Startups powered by GE Healthcare’ and the collaboration that we are already seeing between the startup community, our colleagues and the Edison platform itself,” said Girish Raghavan.
The applications received were screened through a three-stage process and the shortlisted entries were evaluated based on the strength of the business idea/plan, maturity and the closeness to productize their solution, team capabilities and relevance to defined focus areas among others.
‘India Edison Accelerator – Startups powered by GE Healthcare’ is providing a zero-equity cash-in-grant of $10000 to each of the selected startups. In addition, they will have access to mentorship, skill development programs, commercial and regulatory guidance, and data provision as additional benefits.
AarogyaAI: enables quick and accurate diagnosis of DR-TB so that the patient can be rightly prescribed effective drug combinations for treatment, instantly. https://aarogya.ai/
BrainSightAI: is building an MRI-bases SAAS platform, which can transform how neuro-psychiatric disorders are addressed. https://www.brainsightai.com/
Fluid AI: offers data driven solutions backed with AI analytics and insights that can help businesses take smarter decisions with respect to operations, sales, credit etc. https://www.fluid.ai/
InMed Prognostics: is an artificial intelligence and machine learning based MRI tool, helping neuro-radiologists, neuro physicians and psychiatrists understand the brain better and effects of different conditions. http://in-medprognostics.com/
Wellthy Therapeutics maps the patient journey and plays a 24*7, continual real-time role to patients as a companion solution to help them manage their chronic conditions better. https://www.wellthy.care/
Onward Assist: is an advanced cancer prognostics platform for histopathologists and radiologists, building machine learning models to support decision making and improve outcomes. http://www.onwardhealth.ai
The first cohort which graduated in June this year included five impressive tech startups — 5C Network, DeepTek, Orbo, Predible and Synapsica. They successfully integrating their solution with the Edison platform, and the program continues to engage with them on taking their solutions to market through the alumini program.
GE Healthcare unveiled the ‘India EdisonTAccelerator – Startups powered by GE Healthcare’ in August 2019 with a focus on nurturing the startup ecosystem and working with them to create healthcare solutions leveraging the Edison platform and decades of GE Healthcare’s expertise.
Startups will collaborate with GE Healthcare to arrive at solutions that improve patient outcomes and experience, efficiency of clinical practice and that of the healthcare facilities, reduce waste and inefficiencies, and eliminate costly and harmful errors.
Edison is an advanced intelligence offering used by GE Healthcare’s internal developers and strategic partners to develop new healthcare applications, services and AI algorithms. It comprises applications, smart devices and the Edison platform.
Over the next few years, GE Healthcare expects Edison to become central to the healthcare ecosystem and an important hub for healthcare innovation with thousands of applications and services available. There are around 100+ applications currently available on the Edison platform, and we expect that number to grow.
GE Healthcare is the $16.7 billion healthcare business of GE. As a leading global medical technology and digital solutions innovator, GE Healthcare enables clinicians to make faster, more informed decisions through intelligent devices, data analytics, applications and services, supported by its Edison intelligence platform.
With over 100 years of healthcare industry experience and around 50,000 employees globally, the company operates at the center of an ecosystem working toward precision health, digitizing healthcare, helping drive productivity and improve outcomes for patients, providers, health systems and researchers around the world.
In India, GE Healthcare operates in a JV (Wipro GE Healthcare WGE)) with Wipro Limited. WGE is focussed on some of the country’s toughest healthcare challenges– lowering maternal and infant deaths, enabling early detection of cancer and addressing heart diseases early. WGE pioneered innovation of healthcare imaging technologies ‘In India for India and the world’ to enhance access to quality healthcare at affordable costs to more people. – NFAPost