IIT Hyderabad inaugurates Centre for Healthcare Entrepreneurship

3 Dec, 2015

IIT

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.

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