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AyuSynk

Technology

MumbaiMaharashtra

Ask: 1.00Cr for 1.5% At Valuation: 66.67Cr

Deal: 50.00L for 3.5% and 50.00L Debt At Valuation: 14.29Cr

Investment By:

Namita

Idea: Medical Devices

Founders: Adarsh Kachappilly, Tapas Pandey, Varad Patil

Pitch No. 142
Season 2, Episode: 7
Titled: Shaandar Businesses

About AyuSynk

Our Start Up AYU DEVICES is spun out of BETIC, IIT BOMBAY and is supported by BIRAC, DBT- Government Of India. We have made India's first Indigenous Digital Stethoscope which can amplify the heart and lungs sounds up to 16 times making it very clear for the diagnosis of Heart murmurs and Lungs abnormalities. Through our Medical Innovation, we have tried to help control the number of cases of misdiagnosis of the heart and lungs problems especially in the rural areas.The stethoscope can also record the heart sounds and can also share it simply through whatsapp. It finds great utility in the Medical field where we find innumerable cases of misdiagnosis and Congenital Heart Diseases due to which so many children die because of untimely diagnosis. The auscultated sounds can be sent from remote periphery locations which lack medical facilities to the best physicians our country has. This can help in proper analysis and diagnosis of the abnormalities faced by people thus bridging the gap between patients from remote areas and the best medical advisors. ​ Our Digital Stethoscope AYUSYNK is specifically helping to fight the COVID-19 crisis. With our stethoscopes we are promoting Doctor-Patient Distancing, as we can take auscultations even while wearing the PPE protective suit through our Bluetooth connectivity thereby keeping our Health Workforce very safe. ​ Also in almost all the corona patients, symptoms of Pneumonia are found with a very specific Wheezing and Crackles in the auscultations. Through the amplification feature in our Stethoscopes, doctors can amplify the volume and then listen to the lung sounds. Our Digital Stethoscope AyuSynk can be used in primary health care centers to record abnormal auscultation sounds which can be sent to expert physicians for further diagnosis, thereby overcoming the problem of low ratio of doctors to number of people in India (1:1800) which is considerably low when compared to the minimum recommended doctor to population ratio of 1:1000 set by WHO. ​ The recording and playback feature will facilitate inclusion of auscultated sounds in the medical records of patients, and create a repository of recorded abnormal sounds, providing a rapid learning curve to medical students who are the future to a Healthier India. Our device provides the ability to convert an existing stethoscope to smart by just adding an attachment. This makes our device a low-cost solution for early detection of heart and lung diseases. By the detection of heart and lung diseases at the early stages the progression of the disease can be prevented. This reduces the economic burden on the patients, family members and tertiary care hospitals. Thereby reducing the economic burden on the country. Our Vision and Mission is to contribute to the society with timely diagnosis of Heart and Lungs ailments at minimum costs thus helping in transforming lives of people. This can be achieved by spreading our MADE IN INDIA electronic stethoscopes to every corner of our Country, so that with time we can decrease the number of people dying due to Heart and Lungs misdiagnosis and one day completely eradicate such happenings thus fulfilling our aspirations of ILLNESS TO WELLNESS. We are proud to share that Ayu Devices won Swiss AIT - 2018 held at Zurich in Switzerland for the Smart stethoscope. We are also the winner at India Innovation Growth Program 2.0 supported by DST Govt of India, Maharashtra Start-up Week 2019 and AI Innovation Challenge in the healthcare segment organized by Maharashtra Govt.