E Amazings
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
  • Need Help?

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

What Closing Costs Do Home Buyers Have?

February 25, 2023

What Is Realtek HD Audio Manager

February 2, 2023

A Basic Guide To Cell Tower Leasing

February 2, 2023
Facebook Twitter Instagram
E Amazings
  • Home
  • Automotive
  • Business
  • CBD
  • Crypto
  • Education
  • Entertainment
  • Fashion
  • Finance
  • Health
  • Home Improvement
  • Law \ Legal
  • News
  • Shopping
  • Sports
  • Technology
  • Travel
  • Need Help?
Facebook Twitter Instagram
E Amazings
You are at:Home»Business»Healthcare startup Evelabs raises USD 200,000 from investors
Business

Healthcare startup Evelabs raises USD 200,000 from investors

By August 3, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter Pinterest WhatsApp Email

[ad_1]

Healthcare IoT startup Evelabs Technologies on Wednesday said it got investment worth USD 200,000 from JITO Angel Network and Smart Sparks Angel Network under Venture Way Sports Ecosystem, besides half-a-dozen individuals.

The six-year-old firm founded by Sanjai Rajendran, Sruthy Gopal and Vishnu M S is based in Kerala Technology Innovation Zone, near here.

Housed in Maker Village at Kalamassery, the company’s pilot product is Dripo, which is a connected infusion monitor that helps healthcare practitioners set, manage and monitor infusion therapy at ease.

The investment comes at a time when, according to RedSeer Consulting, India’s e-health industry’s gross merchandise value is poised to reach between USD 9 billion to 12 billion by 2025, and USD 40 billion by 2040.

“The growth shows a huge opportunity for companies in this segment,” according to Anoop Ambika, CEO of Kerala Startup Mission (KSUM), which is the nodal agency of the Kerala Government for entrepreneurship development and incubation activities in the state.

The 2016-founded Evelabs is working on connected devices for in-patient experience and safety in hospitals and home cares. Its pilot product Dripo, which has over 99 per cent accuracy in drop detection, is a connected infusion monitor that does not need calibration and costly infrastructure. Evelabs has set up its ISO13485-certified production facility for the products in Maker Village.

The company is supported by organisations such as TIMED-Sree Chitra Institute of Medical Sciences, IITMK Maker Village, Kerala Startup Mission, IKP Hyderabad, DERBI Foundation, BIRAC and Department of Biotechnology.



[ad_2]

Source link

Related Posts

Air Duct Repair 101: Everything You Need To Know

By Corbin BowenFebruary 2, 2023

Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant

By January 5, 2023

LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer

By January 5, 2023

Foreign universities will need UGC’s nod to set up campuses in India

By January 5, 2023
Add A Comment

Comments are closed.

Our Picks

What Closing Costs Do Home Buyers Have?

By Corbin BowenFebruary 25, 2023

What Is Realtek HD Audio Manager

By Corbin BowenFebruary 2, 2023

A Basic Guide To Cell Tower Leasing

By Corbin BowenFebruary 2, 2023
Recent Posts
  • What Closing Costs Do Home Buyers Have? February 25, 2023
  • What Is Realtek HD Audio Manager February 2, 2023
  • A Basic Guide To Cell Tower Leasing February 2, 2023
  • Air Duct Repair 101: Everything You Need To Know February 2, 2023
  • Advantage LIC? How Budget Insurance Amendment Bill may benefit the PSU insurance giant January 5, 2023
  • The Flight Of The Dremel January 5, 2023
  • LIC offering multiple benefits on premium payment with co-branded credit cards with Axis Bank: Check features, offer January 5, 2023
Archives
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • September 2021
Facebook Twitter Instagram Pinterest TikTok
© 2022 E Amazings - All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.