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ah! Ventures invests in Robotic Devices startup Punar through its First Gear Platform |
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| ah! Ventures has invested in Robotic Devices startup Punar Rehab Solutions, which is building an ecosystem of Data-Driven Physiotherapy in India, through its First Gear Platform. ah! Ventures’ has done 120 investments in 93 Startups till date taking its total investment portfolio to INR 266 CR (~35 MN USD) with 14 exits and 22 follow on rounds. 20 investments have happened through all three platforms in 2022 till date. |
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| Punar Rehab Solutions is building an ecosystem of Data-Driven Physiotherapy in India. Punar has developed portable robotic physiotherapy devices for rehabilitation of neuro-muscular - patients such as stroke induced paralysis, neuro-plastacity, few spinal cord injuries, spastacity, cerebral palsy etc. Their mission is to make robotic rehabilitation devices affordable & accessible across all segments of Indian physiotherapy market. |
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| “Robotic Devices” are still seen as an expensive & elite offering in India. Most of these devices are currently being imported from American/ European markets. These imported devices are very expensive and only a handful of top-tier medical institutions can afford them. |
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| “Nucleus” is the flagship product of the company. It is an exoskeleton based device to treat hand muscle spastacity. It enables physiotherapists to design training sessions and receive quantitative recovery reports that shows real-time progress of a patient. Nucleus eliminates the need to manually perform exercise on the patient, enabling the physiotherapist to cater multiple patients at the same time. It offers a two handed system for PNF (Proprioceptive neuromuscular facilitation) based therapy & Bilateral Training, wherein unaffected hand is used to move the affected hand. Additionally, it offers four other modes of training, namely - Active Assisted training, Passive Mobilization (CPM), Action Observation Therapy - through gamified sessions, & various functional Exercises. |
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| "With Nucleus we can address the hand muscles & finger mobility. The arm-rest is also equipped with tracking system with help of which we can also train the elbow joint & shoulder muscles to a certain extent. ‘Nucleus’ can either be purchased or subscribed as a service at affordable rates.", says Ms. Charmi Pabari, Co-Founder, Punar Rehab Solutions |
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| "Data in the physiotherapy industry is still untapped! In fact, according to one survey report by CIIE.CO, the global tele-rehabilitation market will reach USD 9.5 billion by 2027, registering a CAGR of 13.4 percent. We were humbled to see our company mentioned in the ‘Robotic-Assisted tele-rehabilitation’ segment.”, says Mr. Rahul Tripathy, Co-Founder, Punar Rehab Solutions
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| The company has previously received INR 16 Lakhs in form of grants from “Nidhi Prayas” & VIT-TBI. They have additionally raised INR 30 Lakhs in pre-seed from BIRAC. They were also a part of ATF accelerator’s 2nd Cohort. |
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| “Over the past decade, technology has transformed the way we live. Its impact is everywhere, including in the way we deliver treatments to patients through digital healthcare and therapeutics. By combining this technology with the data we have at our disposal, we can accelerate the way healthcare operates and works to treat more patients globally. By taking large amounts of consensual patient data, and cross-referencing it with other datasets, as an industry, we can start to develop a clear picture of what works and what doesn’t in physiotherapy. With this insight at our fingertips, we can then enhance current medical interventions and build new digital healthcare services that get more people better faster.”, says Saarthak Bakshi, Partner First Gear Platform. |
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| “We are excited to support Punar in their quest towards enabling physiotherapy with technology. The team is building products which is bound to change this aspect of healthcare. I am sure Punar will emerge as a front runner in the emerging health tech space of our country..", said Amit Kumar, Senior Partner, ah! Ventures. |
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| Interested in knowing more about this venture, write to Amit at amit.kumar@ahventures.in.
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| ah! Ventures is one of the world's largest fundraising platform for early stage startups raising up to 10 MN USD. ah! Ventures has three platforms: First Gear, which helps startups raise upto 1 CR, Angel Platform, which helps startups raise upto 1 MN USD and High Tables Platform, which helps startups raise 1-10 MN USD. Today ah! First Gear, Angel and High Tables platforms have over 70000+ entreprenurs, 5000+ seed/angel investors and over 1000 VCs & institutional investors registered with it. ah! First Gear, Angel and High Tables platforms till date have invested INR 266 CR (~35 MN USD) in 93 startups & 120 investments and have announced 14 exits & 22 follow on rounds. |
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| Contact: Abhijeet Kumar, abhijeet@ahventures.in
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