startupoftheday 11- Shanmukha Innovations Pvt Ltd

#startupoftheday 11- Shanmukha Innovations Pvt Ltd

Striving to develop affordable point-of-care diagnostic solutions

Inception- 2016

Location- Bengaluru

Industry domain- Mobile diagnostics

Founders- Prof Sai Siva Gorthi (Founder Director), Sairam Chinta (Advisory), Bhaskar Varanasi (Advisory)

Total team strength- Nine

Total funds raised- Rs 4 crore

Investors- BIRAC BIG Grant, BIRAC SPARSH Grant, DST CAWACH Grant

Revenue generated since inception- NA

Key Highlights-

    Aims to deliver lab quality tests across hematology, biochemistry and molecular diagnostics

  • 12 mobile labs for COVID-19 delivered with over 2 lakh tests done pan India
  • Plans fully functional mobile diagnostic laboratory linked with every primary health centre in India
  • To address major national health priorities – malaria, sickle-cell, TB, viral infections
  • GoK Elevate 2020 Winner
  • IISF National Startup Conclave 2020 First Prize Winner in Diagnostics category
  • Smart Bio Awards 2020 – Best Product against COVID-19
  • Founder Speaks-

    The onset of pandemic has brought the healthcare in general and diagnostic sector in particular, into sharp focus. Three major trends that will drive the growth of diagnostics in India from our perspective can be summarized as 3D – Digital, Distributed and Doorstep delivery. Rapid advances in genetics, machine learning, robotics, materials and bio-engineering coupled with all-time high interest in investments from both government and private sector in healthcare signal a bright future for diagnostics in India.”

    Through this partnership, the Kerala Rail Development Corporation aims to ensure the safety of trains on the 530-km double-track stretch between Thiruvananthapuram and Kasaragod.

    The FBG-sensor driven monitoring system will allow rail corporations to embed sensors in rail structures, enabling on-demand and continuous data, as well as 24/7 warning alerts in case of damage detection. The technology will also be customised for each structure and location.

    South Central Railway freight loading up 51% in August 2021

    IISc researchers have explored the use of FBG sensor technology in a variety of domains ranging from aerospace to biomedical. Earlier L2MRail’s FBG sensing technology-based wheel impact load detector was deployed in two locations in Bengaluru with the support of Indian Railways and IISc.

    L2MRail aims to take the technology to all parts of the country.