IESA, TiE and GE endowed BPL Medical Technologies with ‘Innovation Award’ and Cardiac Design Labs with ‘Impact Award’

Press Release

India Electronics and Semiconductor Association (IESA), the premier trade body, representing the Indian electronic system design and manufacturing (ESDM, alongwith The Indus Entreprenuer (TiE), Bangalore and General Electric (GE) today announced BPL Medical Technologies as the winner of ‘Innovation Award’ and Cardiac Design Labs as the winner of ‘Impact Award’.

Healthcare is the new sunrise sector for ‘Make in India’ and Awardrecognition like these provide impetus to the startups in the segment.

IESA, TiE and GE have shortlisted 8 innovative healthcare companies, from the crème-La-crème of 45 start-ups in the healthcare space, for ‘Healthcare Product Showcase’ at the recently concluded IoTNext 2015 to showcase their innovative and impactful next-age IoT enabled Healthcare products.

While announcing the winners, MN Vidyashankar, President, IESA said, “As the potential of Internet of Things blossoms with real-life anecdotes, Healthcare as an industry has been quick to adopt the integration of IoT into their product innovation. We foresee a global dependence on India’s IoT ecosystem to deliver healthcare innovations and we have witnessed this during the recently concluded IoTNext 2015”

“It was very difficult to shortlist 8 companies from our 45 identified start-ups and it was a herculean task to finalise the winners for Innovation Award and Impact Award as we believe each of these start-ups have the capability to take their products and services to the global audience. We convey our best wishes to Cardiac Design and BPL Medical Technologies for their achievement,” he further added.

On winning the award, Anand Madanagopal, Founder and CEO, Cardiac Design Labs said, “It is a moment of great pride for us that our efforts are getting noticed and recognized by the industry. In the present landscape, advanced cardiac diagnostic is only possible in large hospitals but with the innovations from Cardiac Design Labs, similar treatments can be available in any smaller hospitals. We sincerely believe that our attempts to make healthcare diagnosis simple will bring new benchmarks in the healthcare industry. We are honoured to receive Impact Award in the Healthcare Product Showcase at the IoTNext 2015 and such recognitions further invigorates us to strive even harder for better innovations and technologies.” Cardiac Design Labs has also won the Popular Choice Award at IoTNext 2015

Sunil Khurana, President and CEO, BPL Medical Technologies said, “We are extremely delighted with Innovation Award that recognises our excellence in the field of healthcare practices. Our innovation, a device, that enables the industry as well as the end consumers to perform ECG, and examine blood-glucose level and activity parameters with ease. This appreciation is indeed a testimony to the passion we possess towards our work and we will definitely continue to imbibe this effort and develop more IoT-enabled world-class products for the healthcare industry in the times to come”
The jury members include:

· Dr. S. Mohanasankar (IIT – M)
· Jim Doscher (GM, Healthcare, Analog Devices)
· Ramesh Radhakrishnan (Artiman Ventures)
· Rita Dutta ( Healthcare Radius Publication)
· Dr. Ashwin Vatsalya

Apart from the award, the winner of Innovation Award and Impact Award have also received a cash price of Rs. 1,00, 000 each.

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