Optum Global Solutions India, which happens to be a part of Optum and UnitedHealth Group, has announced the launch of Optum Start-up Studio in India in partnership with the International Institute of Information Technology, Hyderabad (IIIT-H).
The same was launched by IT principal secretary Jayesh Ranjan and Optum chief information officer Phil McKoy. The studio’s objective is to identify innovative ideas and start-ups that can help accelerate value delivery by seeking solutions to some of healthcare’s toughest problems.
Optum has started similar initiatives in the US and Ireland, and the Indian wing is an extension of their end goal of amplifying the impact of the vibrant health tech start-up and innovation ecosystem in India. The start-up accelerator aims to explore the full potential of India’s promising health tech start-ups, mentoring them to maturity and support for fast-track pilots with relatively mature start-ups that already have market-ready solutions.
IIIT-H will be the organization’s innovation partner. Ideas submitted by participating teams will be independently evaluated by industry and functional experts from Optum and IIIT-H for perusal and future funding.