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HomeBlogMedix conducts inaugural Digital Health Innovation Challenge India

Medix conducts inaugural Digital Health Innovation Challenge India

By: Medix Team
Medix conducts inaugural Digital Health Innovation Challenge India

Three cutting-edge start-ups from a diverse pool of over 110 applicants are garlanded for the kind of entrepreneurial vision that can help India to build an accessible and affordable healthcare system fit for its 1.4 billion population. There are plenty of lessons for other countries too.

Medix announced the winners of its inaugural Digital Health Innovation Challenge India on April 29, conducing a series of online events to announce the winners and host an expert debate on the ways that digitalisation can transform the country’s healthcare landscapes. 

 

The event had been a long time in the planning, but there was nevertheless a high degree of symbolism on the actual day. This was the one when the country’s total case Covid-19 case numbers topped 18 million and it recorded its highest-ever daily death rate.

 

Hospitals were running out of oxygen, morgues were overflowing and relatives were being forced to transport their loved ones to makeshift funeral pyres themselves because there simply weren’t enough ambulances to cope with a crisis the healthcare system simply could not withstand.

 

Yet amid such despair, the three winners of the Medix challenge to point to a very different post-pandemic future. India has a youthful population and they are tech savvy.

 

These are the prime candidates to adopt digital tools, helping to build the kind of user momentum that will enable these tools to proliferate more quickly and reach into the country’s vast and under-resourced healthcare rural hinterland. This will accelerate healthcare availability and affordability, making it more accessible.

 

As Medix CEO and Founder Sigal Atzmon put it, “The innovative business models and disruptive ideas we witnessed today have tremendous potential to grow and even revolutionize how healthcare is consumed and delivered.”

 

The prize for all three was three months of mentorship with Medix global team, plus the opportunity for potential investments and collaboration opportunities. The winner also won a cash prize.

 

A 12-strong expert judging panel selected Mumbai-based Fitterfly Healthtech as the overall winner.

 

Fitterfly Healthtech: A pioneer in helping to overturn the status quo for diabetes in the world’s second most afflicted country after China. The company has set up a 360-degree digital therapeutics programme called Diabefly, covering both diabetes and pre-diabetes. It uses data from CGM (continuous glucose monitoring) devices to collate personalised glycemic responses. It uses this to best advise patients on how to adapt their food choices, improve their fitness and achieve a better balance between stress and motivation. The company has achieved scientifically validated best-in-class outcomes. 

 

Runners up:

 

Stamurai: This is a clever speech therapy app to aid stuttering and in the future other speech impairments. Traditional speech therapy is expensive, inaccessible and leaves patients prone to relapse. Stamurai solves this with an automated solution.

 

Wellthy Therapeutics: An impressive digital therapeutics company that designs clinically validated digital healthcare tools for chronic disease management. Cloud-based technology underpins AI-powered insights and easily navigable App dashboards for physicians, paramedics and programme co-ordinators. 

 

We would also like to thank the high-ranking judging panel for their time and expertise.  They were:

 

  • Mrs. Sigal Atzmon, CEO, Medix Global
  • Dr. Sangita Reddy, Joint Managing Director, Apollo Hospitals Group and past President, FICCI
  • Mr. Shrijeet Mishra, Chief Innovation Officer & Head Group Services, Aditya Birla Group
  • Mrs. Padmaja Ruparel, President, Indian Angel Network
  • Mr. Naveen Tahilyani, CEO, Tata-AIA Life
  • Mr. Rajit Mehta, CEO, Antara Senior Living
  • Mr. Rohit Bhayana, Managing Partner, Lumis Partners
  • Mr. Ajay Nanavati, Chairman, Quantum Advisors
  • Adv. Anat Bernstein- Reich, Managing Director, A&G Partners
  • Dr. Yaron Daniely, Partner & Head of aMoon Alpha, aMoon Ventures
  • Prof. Mukul Gupta, Marketing Professor
  • Prof. David Zeltser, Medical Director, Medix Global 


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