IIT Madras startup generates Rs 22 cr funding for launching wrist band for detecting COVID symptoms
IIT Madras incubated start up, raised Rs 22 cr for "Muse wearables", A wrist band that can detect covid symptoms developed by an alumni group along with an NIT Warangal alumnus.
The wrist-based tracker has sensors for skin temperature, heart rate and SpO2 (blood oxygen saturation) which can continuously track these body vitals remotely to help in early diagnosis of COVID-19 symptoms.Priced at around Rs 3500, the new wearable product will be available in the market for consumers across 70 countries by August. "We are targeting two lakh product sales this year with plans to achieve 10 lakh product sales by 2022 across the world. The investors believe in our innovations and believe that we can create a huge difference in the consumer tech space and we have been able to generate a funding of Rs 22 crore," KLN Sai Prasanth, an IIT Madras Alumni.