IIT Bombay’s TIH Concludes ATMAN 3.0; Six HealthTech Startups Set to Receive Up to ₹6 Crore in Seed Funding – Indian PSU | Public Sector Undertaking News

IIT Bombay’s TIH Concludes ATMAN 3.0; Six HealthTech Startups Set to Receive Up to ₹6 Crore in Seed Funding - Indian PSU | Public Sector Undertaking News


The Technology Innovation Hub (TIH) at IIT Bombay, under the Department of Science and Technology (DST), Government of India, has successfully concluded ATMAN 3.0, its eight-week accelerator programme aimed at transforming early-stage HealthTech startups into investment-ready enterprises.

The programme culminated in a Demo Day, which brought together investors, healthcare leaders, industry experts and policymakers to engage with some of the most promising healthcare innovations emerging from India.

ATMAN 3.0 witnessed strong nationwide participation, with 173 HealthTech startups pitching their ideas to TIH IIT Bombay. Following a rigorous selection, mentoring and evaluation process, six startups emerged as winners from a final cohort of 13 accelerated ventures. These startups were recommended for cumulative seed funding of up to ₹6 crore, with each startup eligible for funding support of up to ₹1 crore, subject to evaluation outcomes.

Selected Startups

The startups shortlisted under ATMAN 3.0 include:

  • Prezitech Health Pvt Ltd – Precigo, a snap-on needle tracking system for ultrasound machines enabling real-time procedural planning and guidance during high-precision medical interventions
  • Attox Research Laboratories Pvt Ltd – AMRIT, focused on combating antimicrobial resistance
  • Queliz Lifetech Pvt Ltd – UltraHand, a robotic rehabilitation device
  • Deepfacts Private Ltd – proRITHM, an AI-powered remote patient monitoring platform using compact wireless wearable devices for real-time vital tracking
  • MicroHeal
  • Raycura Medical Technologies – BETTER, a rehabilitation device designed for stroke and paralysis recovery

Leadership Speak

Commenting on the successful conclusion of the programme, Mr. Kiran Shesh, CEO, Technology Innovation Hub (TIH), IIT Bombay, said: “ATMAN 3.0 is more than an accelerator—it’s a movement to transform bold HealthTech ideas into scalable, world-class solutions. This cohort reflects the rapid evolution of India’s healthcare ecosystem. Bigger, bolder and future-focused, ATMAN 3.0 champions sustainability, deep tech and global competitiveness. With access to top-tier mentorship, domain experts and investor networks, founders are empowered to build solutions that truly matter.”

Adding to this, Mr. Hardik Joshi, COO, TIH IIT Bombay, said: “ATMAN 3.0 has been designed to go beyond funding. From technology validation and regulatory guidance to investor readiness and industry linkages, the accelerator strengthens the foundation for sustainable growth. The strong investor participation at Demo Day underscores the relevance and maturity of the startups graduating from this cohort.”

Industry Perspective

The Demo Day featured a keynote address by Mr. Dileep Mangsuli, Chairman, Cancer Treatment Services International, and Senior Vice President, Siemens Healthineers. He highlighted that the future of healthcare lies in delivering quality care at scale, with artificial intelligence playing a critical role in early screening and prevention.

He outlined three key pillars shaping the sector’s transformation:

  • Patient twinning for personalised care pathways
  • Precision therapy to improve clinical outcomes
  • Intelligent use of digital data and AI to enable timely, informed clinical decision-making

Strengthening the Innovation Ecosystem

Beyond startup pitches, the event featured discussions on healthcare investment trends, evolving regulatory frameworks and emerging technology models. Portfolio startups from earlier TIH IIT Bombay programmes also engaged with investors for follow-on funding and strategic partnerships, supported by dedicated networking sessions.

Through ATMAN 3.0, TIH IIT Bombay continues to strengthen its role in bridging the gap between research and commercialisation, reinforcing IIT Bombay’s position as a key enabler of scalable, impact-driven healthcare innovation in India.



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