Mission:
Use deep tech to democratize advanced diabetes care in India and other low / middle income countries (LMICs), through cutting-edge and affordable medical devices
Problem:
India has 140 mn+ diabetics, 5% of which are Type 1 with a high mortality rate of 33%. LMICs rely on insulin injections which are painful and have a huge risk of potentially fatal glycemic fluctuation.
Medically, the best line of treatment for diabetics is “an insulin infusion pump coupled with a glucose monitor”, which is well established in the US and EU.
However, in India
- This technology is prohibitively unaffordable
- Neither is it designed for India / other LMICs and local conditions
- Nor does insurance cover this technology unlike the developed economies
Solution:
Use deep tech to disrupt this market with "An insulin infusion pump and a glucose monitor", that are Made in India, for the global market
- Target Price point: 1/10th of current
- Markets: India, followed by SE Asia, South Asia, Africa, followed by US, EU, ANZ
- Users
- Insulin Pump: Type 1 and insulin dependent Type 2 diabetics
- CGM: Type 1 and Type 2 diabetics, Wellness users
India needs a Maruti Suzuki and not a Mercedes!
Company Details
- Employees
- 2
- Founded
- -
- Address
- 100, Ncl Innovation Park, Dr. Homi Bhabha Road, Pashan,, Pune,maharashtra 411008,india
- Industry
- Medical Equipment Manufacturing
- NAICS
-
Medical Equipment and Supplies ManufacturingSurgical and Medical Instrument ManufacturingSurgical Appliance and Supplies ManufacturingDental Equipment and Supplies ManufacturingOphthalmic Goods ManufacturingDental Laboratories
- Website
- https://renumedtech.com/
- Keywords
- graas.
- HQ
- Pune, Maharashtra
Renu Medtech Questions
Renu Medtech's website is https://renumedtech.com/
Renu Medtech's LinkedIn profile is https://in.linkedin.com/company/renu-medtech
Renu Medtech has
2 employees.
View email and phone details for 2
employees at Renu Medtech.
Renu Medtech's industry is
Medical Equipment Manufacturing
Renu Medtech's top competitors are
Shoptimize (Acquired By Graas),
Betterbizs,
Health-E.in,
Studio Gloom,
Briota Technologies,
Cureous,
Superpen,
Venture Center (Official Account),
Renu Electronics Pvt. Ltd.,
Graas.
Renu Medtech's categories are Medical Equipment Manufacturing
Renu Medtech's founding year is 2025
