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Fakir Mohan University gets business incubator
TBI is an incubator focused on supporting startups which use modern technologies as the primary means of innovation.
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Union Minister of State for MSME Pratap Chandra Sarangi and FMU Vice Chancellor Prof Dinabandhu Sahoo at the inauguration of the technology business incubator. By Express News Service
BALASORE: A Technology Business Incubator (TBI) was inaugurated at Fakir Mohan University (FMU) on Saturday by Union Minister of State for MSME Pratap Chandra Sarangi.
Assuring all help for the newly-established facility, the Minister said FMU is the first State-funded university in Odisha to have such an incubator. MSME can play a key role in boosting the employment potential of the country.
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Bengaluru-based healthcare robotics startup Comofi Medtech has raised a total of Rs 2.15 crore from IIM Ahmedabad’s incubator, CIIE.CO; JITO Angel Network; and KIIT Technology Business Incubator (KIIT-TBI).
In a statement, the startup said the funds will be deployed for team expansion, product compliance, certification, and working capital needs.
“We are excited with this partnership that will help us increase the hospital network, add strategic depth, and achieve the first few installations in the hospitals, Dr Satish Kalme, CEO and Co-founder of Comofi, said in the statement.
Founded in 2018, Comofi is building a
patented
surgery intervention platform, nGuide, which can help surgeons visualise the target area in great detail. This will help increase surgical efficiency, outcome, and safety of healthcare practitioners.
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