Bangalore based Cardiac Design Labs has won the coveted prize money of $50,000 in equity and $100,000 Google cloud credits, as the winner of Google Startup India Launchpad. Google’s initiative was part of the Indian Government’s ‘Startup India, Standup India’ campaign to promote startups in the country. The event was held on 16th January at Vigyan Bhavan, New Delhi.
The startup has won the seed capital, which amounts to Rs 60 Lakhs, for developing a wearable device aimed to cut down the cost and effort of initial cardiac diagnosis. The device has been designed especially keeping in mind the patients in rural areas. Cardiac Design Labs claims the device can provide real-time diagnosis via a built-in software. The wearable can communicate through either a tablet or smartphone.
When contacted over phone, Anand Madanagopal, Founder and CEO, Cardiac Design Labs, told Startup Simba, the company has already signed partnership with four hospitals in India. The company is in initial round of talks with several other healthcare providers in India to expand its reach.
The device named MIRCaM is expected to help meet the acute shortage of trained cardiologists in India. The country has roughly 100 million cardiac patient, but only 4,000 cardiologists.
Slamdunq, Kalink, Reap Benefit and Guru-G were other participants apart from Cardiac Design Labs, who were selected as top five startups working on India-centric issues.