Photo - Radiate healthcare innovations private limited
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Radiate healthcare innovations private limited

Using deeptech for medical imrpovement

India, Karnataka
Market: Medicine
Stage of the project: Idea or something is already done

Date of last change: 28.04.2020
Min investment
$  50.000
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Total required
$ 500.000
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Idea

We are developing worlds first home AI based Covid19 screening systems which will used multiple voice based inputs along with medical data points

We will be able to diagnose the Covid status and be able to monitor the progression apart from predicting timely complications using just a voice input ( smartphone app , non-smartphone using phone call )

Current Status

We are involved in the research with multiple pulmonologists & radiologists working with 10-15 biggest institutions in India.

Our research has received an approval for clinical trials from Indian council of medical research.

We will have early clinical performance results of by mid June 2019 and have large published results with 1000+ patients by July 2019.

Market

Worldwide private & government healthcare facilities covid19.

Problem or Opportunity

Covid19 affecting the whole world.

Existing test kits are scarce, costly and have false negative.

We are an ultra scalable and uber cheap solution to screen for covid19.

Solution (product or service)

An app based 2-3 mins of voice inputs taken to analyse by AI to diagnose for covid19.

Competitors

There are no international players with required international screening accuracies currently for such a technology for Covid19.

Advantages or differentiators

Not just screening but also monitor the progression and also post release map out the cases of relapse.

Uber scalable.

Same platform can be used to detect Tb, pneumonia, asthma etc

Finance

Will depend on region too region.

Business model

Charge governments / private players for the end product.

We will have multiple other such applications coming out where we will charge higher amount but for covid we are looking at making an impact, getting certifications for the solution.

Money will be spent on

1) Fast-racking Data collection
2) Enchanting existing team ( Tech, Product )
3) Filing for patents, international expansion

Offer for investor

Can be discussed

Team or Management

Risks

We would need to add more global testing sites to check international screening accuracies & may have to add 5-10% local datasets depending upon geographies and retrain the models to suit the local population.

Incubation/Acceleration programs accomplishment

Part of Nasscom Deeptech club ( premiere body for AI startups in India )

Accelerated by IIITH, IIMA Deeptech & IOT innovation accelerator resp ( two of the most prestigious accelerators for deeptech companies )

Received a social grant from CISCO

Won the competition and other awards

Won Medtech got talent Australia India round ( with an offer to join the upcoming batch running from Melbourne ).

Invention/Patent

Will be filling for a patent in coming weeks
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video