IIT Hyderabad inaugurates Centre for Healthcare Entrepreneurship

Today, November 3, 2015, IIT Hyderabad (IITH) inaugurated a Centre
for Healthcare Entrepreneurship, which will help the IITH student base’s
technological prowess be used for healthcare advancement for the community. The
centre was inaugurated by Telangana IT Minister KT Rama Rao.

The centre is sponsored by two ex-IITians, Raj Mashruwala &
Avinash Manudhane. They had sought proposals from six IITs, out of which IITH
was selected to host the centre. “We were looking for an institute with strong
commitment to societal needs and technological excellence to create impact in
healthcare technology. IIT Hyderabad, with nearly 2,000 students and 150+
faculty showed the deep understanding and capability to bring about innovative solutions,”
said Mr. Manudhane, who is the managing director of Indian River Advisors.

Explaining the objective of the new centre, IIT-H director U B Desai
said that it will be used to train students in the sector and use their ideas
to make advancements in the field of healthcare. “Students will ideate,
prototype and build solutions in the healthcare sector. The institute shall
support the students to either establish their own company or get manufacturers
to introduce their product in the market,” Dr. Desai explained.

The centre will operate with a physical office and research
facilities within IIT Hyderabad’s campus.