Success Stories

India Innovation Initiative 2017

Catheter Reprocessing System
(Winner of i3 Platinum Award for Best Innovator 2016)

Catheter Reprocessing System (CRS) is an angiography/angioplasty catheter cleaning machine developed by Vikram Goel, who is a biomedical engineer and entrepreneur. It is a fully automatic computer guided system with inbuilt self-testing and calibration with guaranteed cleaning. CRS is a cost effective & quality assured way of reprocessing catheter. It also reduces infection and eliminates human error. CRS can save millions of lives by making healthcare affordable and accessible for all sections of society. It reduces overall treatment cost up to 55%. This     will       especially        benefit economically   weaker sections of the society.
CRS developed under Incredible Devices Pvt Ltd., a company founded by Vikram,has following benefits:

  • Safe, Affordable & Accessible treatment for economically weak sections.
  • Make In India: 100% made in India & indigenously developed.
  • Swach Bharat Abhiyan: Creating less medical waste, more re-use and safe disposal.
  • Reduces import of catheter by 90%
  • Eco-Friendly and Green Technology.

Vikram won the India Innovation Initiative 2016 Platinum Award for Best Innovatorfor his CRS device. Other awards won by him are, 1st Prize in Primary Healthcare at NASSCOM Social Innovation Forum 2017 and Best Medical Innovative Product for 2016 at Institutional Medical Fair.

FarEye – an SaaS-based enterprise mobility platform
(Winner of i3 2013 Top Award)

FarEyeis a SaaS based mobility platform that increases the efficiency and effectiveness of operations by helping organizations automate processes, schedule jobs, track execution and evaluate the performance, all in real time.  FarEye’s platform supports exhaustive features like: Automated routing for dispatch, on-demand dispatch for JIT Requests, capacity planning, live performance dashboard for multiple branches, Reports and analytics to improve the quality and relevance of decision making, Geo co-ordinates &ePoD capture, live tracking and ETA to customer, one touch assist buttons for employees on the go, high data security with in-built MDM, BPM Engine amongst many others.
FarEye Founders - KushalNahata, Gaurav Srivastava and Gautam Kumar
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FarEye, founded by a group of enterprising young men – KushalNahata, Gaurav Srivastava and Gautam Kumar, was a winner of the top award at India Innovation Initiative 2013 and has won several other awards such as NASSCOM Emerge 50 (2014) for their innovative logistics management softwaresolution. As part of the i3 award, team FarEye was connected to the Indian Angel network from whom it received mentoring and in 2014 raised $500,000 in angel funding from the Indian Angel Network.
Incorporated as RoboticWaresPvt. Ltd in 2013, in a very short span of two years, FarEye carried out over 2.5 million transactions a day, and has over 75 clients ranging from the exclusive e-commerce solution providers like Ecom express, Gojavas, Holisoletc to the traditional behemoths like Walmart India, DTDC, Blue Dart, Safe Express, Bajaj Capital, Hitachi etc.
Last year FarEye raised $ 3.5 million in Series A funding from SAIF Partners to expand its business to more cities and double its 30-member team. Itentered the list of Deloitte Technology Fast 50 winners for 2016.

India Innovation Initiative 2017

India Innovation Initiative or i3 is one of India's largest and most-awaited innovation challenges jointly-promoted by the Confederation of Indian Industry, the Department of Science & Technology, Government of India and the All India Council for Technical Education (AICTE) to identify, reward and recognize the top innovators from across the country and to enable commercialisation of the best, home-grown innovations through incubation support, mentorship, investor and industry connect. Now in its 9th edition, the focus of i3 2017 is on identifying high-potential innovators who have developed innovations with high-impact, and orienting and training them to become entrepreneurs. This year, the focus is on the human aspect, developing key entrepreneurship skills of innovators for maximum impact.