Pune-based In-Med Prognostics raises Rs 50 lakhs from BIRAC
In-Med Prognostics, Pune-based startup, has received Biotechnology Ignition Grant of Rs 50 Lakhs for a duration of 18 months from the Biotechnology Industry Research Assistance Council (BIRAC), Government of India.
The grant will be deployed towards developing a cloud-based software platform. This platform will label, visualize, and quantify the volumes of brain structures using 3D MRI images.
Rajesh Purushottam, Co-Founder of In-Med Prognostics, said, "Our proprietary software 'Neuroshield', addresses the need of the hour in neurology: accurate volumetric analysis of the brain and its structures. We will be leveraging deep learning algorithm and machine learning to provide time-saving accurate Neuro analysis which will aid in assessment and early detection of neurological disorders such as Dementia, Alzheimer’s and Parkinson’s at affordable prices. The proposed solution is to provide a self-explicative volumetric report within an analysis time of 20 minutes."
Founded by Rajesh Purushottam, Dr Latha Poonamallee, and Dr Al Curran, In-Med Prognostics aims to bring affordable, accessible, evidence-based brain health diagnostic and prognostic tools to India and other emerging markets.