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IIT-Hyderabad's startup wins Rs 25 lakh as funding

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Press Trust of India Hyderabad
Last Updated : Jul 22 2019 | 7:32 PM IST

: The Indian Institute of Technology, Hyderabad (IIT-H), Monday said its incubated startup BeAble has won Rs 25 lakh in funding at the 'Open Innovation Challenge 2019' of India Innovation Growth Programme (IIGP) 2.0.

The startup is a spin-off from the first batch of Fellowship in Healthcare Entrepreneurship at Centre for Healthcare Entrepreneurship (CfHE) IIT-H, and works in convergence of good design and technology to rehabilitate stroke patients,a press release said.

The 'Open Innovation Challenge 2019' received more than 1,600 applications from across the country, the release said.

BeAble Health was selected as one of the winners and awarded seed grant of Rs 25 lakh to support its market penetration and scale-up operations, it said.

ArmAble' is BeAble Healths first product and is aimed at solving the need for an intensive, engaging and regular rehabilitation therapy for upper limb.

It is aimed at conditions such as cerebral palsy, multiple sclerosis, traumatic brain injury, fracture and frozen shoulder, the release said.

A biomedical engineer and a CfHE Fellow Habib Ali, who co-founded BeAble, said, IIGP 2.0 has put BeAble Health in a position which allows us to aggressively pursue our targets. The seed granted will accelerate our pilot production."

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First Published: Jul 22 2019 | 7:32 PM IST

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