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DST funded start-up s ELISA test to better estimate COVID 19 antibody concentration ANI | Updated: May 22, 2021 11:00 IST The ministry in an official statement said that it was a Bangalore-based start-up that developed a novel, point-of-care Electrochemical ELISA test that enables fast and accurate estimation of total antibody concentration of COVID 19 in clinical samples. The handheld device provides the results within five minutes. PathShodh Healthcare, the start-up incubated at the Society for Innovation and Development (SID), Indian Institute of Science (IISc), has made a very significant breakthrough to develop the first of its kind, semi-quantitative Electrochemical ELISA test for COVID-19 IgM and IgG antibodies. While Qualitative analysis detects constituent elements in the sample, the semiquantitative analysis gives an approximate estimation of their concentrations. PathShodh has received the license to manufacture ....
Mindtree announced that it has signed an agreement to acquire the NxT Digital Business, the cloud based IoT and AI platform for Industry 4.0 of L&T Group. The transaction comprises of acquisition of NxT Digital Business of L&T. Total consideration of Rs 198 crore including earnouts, subject to adjustments as per the terms of Business Transfer Agreement. NxT Digital Business was formally established in FY2018-19. It can provide solutions across industries such as Engineering & Construction, Manufacturing, Energy & Utilities and Transportation & Logistics. The NxT Digital Business revenue during FY 2020-21 was Rs 37.59 crore. Nxt Digital Business belongs to the information technology industry. The acquisition would enable the company to capture opportunities in the IoT and Industry 4.0 market by leveraging NxT Digital Business capabilities to cross sell and create holistic solutions for new prospects as well as for existing clients. ....