provide solutions & promote best practices through technology .
NCL TECHNOLOGY STARTUP , MODULE INNOVATIONS RAISES 60 LAKH IN FRESH FUNDING
Module Innovations , a healthcare startup based out of National Chemical Laboratory Innovation park , Pune has raised investment of Rs 50 lakh ( US $ 75,000 ) from National Science & Technology Entrepreneurship Development Board ( NSTEDB ) and Rs 10 lakh ( US $ 15,000 ) from CIIEI , Indian Institute of Management ( IIM ) Ahmedabad as product development support . Module is a tech driven startup engaged in making rapid , simple , and affordable Point of care devices for microbial detection , such as in Urinary Tract Infection .
" Urinary Tract infections are the second largest infections in the world . Globally 150 million people suffer from UTI , with 1 in 3 women getting affected . With this funding we will expand the team and validate USenseTM our UTI bacteria testing technology at hospitals in Pune and Rajasthan ," said Mr Sachin Dubey , CEO , Module Innovations . " This funding would also be used to develop the platform technology for pipeline products , including CSenseTM , our urine based cervical cancer strip ," added Sachin .
Interestingly Module has raised grants from BIRAC , through BIG scheme and has also been won Starthealth-3 organized by Unitus Seed Fund . USense will help diagnose UTI causing bacteria in 30 minutes as against 2 days in culture . " USense can be used without labs and trained manpower , making it apt for rural and urban settings alike , bringing healthcare parity ," said Mr Usman Khan , COO , Module .
TECH SUMMIT 2016 : INDIA-UK COOPERATION DRIVEN BY ‘ HIGH IMPACT ’ RESEARCH PARTNERSHIPS
The India-UK Tech Summit that was envisaged during the Prime Minister Narendra Modi ' s visit to the UK in November last year to reinforce the friendship between India and the UK . It also marks the high point commemorating 2016 as the ‘ India-UK Year of Education ,
Research and Innovation ’.
Welcoming the Prime Minister of UK to the Tech Summit , PM Modi mentioned during his inaugural speech , " It is a privilege that Theresa May , the Prime Minister of United Kingdom has joined us at this event . Madam Prime Minister , I am aware that India has always been close to your heart and you have been a great friend of India . Recently you celebrated Diwali at your home with members of the Indian community !"
PM Modi in his speech pointed towards the fact that in current global environment , two countries face several economic challenges which directly affect trade and commerce . " But I am confident that together we can leverage our scientific strengths and technological prowess to create new opportunities ," he said .
Talking in particular about the scientific research cooperation , Mr Modi informed , " The present India-UK cooperation in science and technology is driven by ‘ high quality ’ and ‘ high impact ’ research partnerships . I am glad to mention that in less than two years ’ time under the ‘ Newton-Bhabha ’ program we have started wide ranging collaborations covering basic science to solution science aimed at addressing societal challenges ."
" I feel that India and UK can partner in harnessing the vast traditional knowledge base in India coupled with modern scientific investigation to provide a holistic approach to preventive healthcare . This can help address some of the modern life style diseases that we face ," said the Prime Minister .
CSIR TO SHOWCASE TECHNOLOGIES AT 14 DAY LONG ' PLATINUM JUBILEE TECHNO FEST '
The biotech
Council for Scientific and Industrial Research ( CSIR ) is showcasing the technologies innovated by its various institutes during the ‘ Platinum Jubilee Techno Fest ’ at the India International Trade Fare ( IITF ) in New Delhi . The Union Minister for Science , Technology , Dr Harsh Vardhan inaugurated the event at the Trade Fair that began on November 14th . Dr Vardhan visited all stalls in the CSIR hall discussing developments made and the future course for action with the directors and other scientists of various CSIR labs . He also inaugurated the micro site of CSIR Platinum Jubilee Techno Fest .
The Minister also unveiled brochures on each of such thematic areas at the exhibition . Dr Harsh Vardhan in his brief talk mentioned , “ This Techno Fest is an opportunity for the young students , scientists and the common people to come under one roof and witness the knowledge base of achievements and researches by CSIR .”
Dr Girish Sahni , Director General CSIR in an interaction with the media said , “ This ( Techno Fest ) is a matter of pride and satisfaction . It is an honest attempt to make people aware about the contribution of CSIR scientists , that is , what they have offered for the life of the masses . All 38 labs of CSIR contributed to the Techno Fest , presenting CSIR efforts to solve various issues of the common Indian . We are looking forward to contribute more with every passing year .”
The CSIR will also showcase its technologies for societal interventions on from November 14th to 26th . This Techno Fest will run till 27th November . Each day has different themesbased activities .
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