With this funding, CIPACA seeks to establish ICUs in the taluk and district towns in Uttar Pradesh, Jharkhand, Chhattisgarh, Bihar and Maharashtra in partnership with small hospitals.
Rural ICU service provider CIPACA has received growth funding of INR 2 Cr from a United States Agency for International Development (USAID)-backed SAMRIDH finance facility.
Tamil Nadu-based CIPACA partners with hospitals in smaller towns to offer ICU services that are both accessible and affordable to rural India, all supported by a 24/7 committed staff of professionals.
With this funding, CIPACA seeks to establish ICUs in the taluk and district towns in Uttar Pradesh, Jharkhand, Chhattisgarh, Bihar and Maharashtra in partnership with local hospitals.
Expressing his views, Raja Amarnath, founder and MD, CIPACA, said “CIPACA works with the motto to help its partner hospitals become more self-reliant. At every taluk level, there is a great need for tertiary-level ICU care services. We can save more lives by setting up ICUs in these smaller towns and treat patients well during the crucial hours,"
This initiative is funded by Start-Up Accelerators MeitY for Product Innovation, Development, and Growth (SAMRIDH). It is a multi-stakeholder innovation and financing platform founded in 2021 by the Ministry of Electronics and Information Technology (MeitY).
Through blended financing solutions, it offers both grant and debt financing to scale high-impact health solutions that can strengthen healthcare delivery in India.
This organisation is backed by the United States Agency for International Development (USAID) and implemented by IPE Global. The organisation is an independent agency of the US government that is primarily responsible for administering civilian foreign aid and development assistance
Founded in 2015, CIPACA is a leading rural ICU provider. It aims to make small hospitals in rural areas offer affordable top-class ICU services without a worry about the sustenance of their operations.
Further, it has established ICUs in more than 10 states in India and partnered with over 20 hospitals at taluk and district levels. CIPACA claims its drop-in ICU concept has saved more than one lakh lives nationwide.
In a similar development in ICU services, in August last year, IIT Kanpur’s Noccarc raised INR 3.94 Cr TDB-DST funding for digital ICU Ventilator commercialisation. Building upon this achievement, Noccarc unveiled the Noccarc V730i, a smart ventilator.
The V730i boasts seamless cloud connectivity through GSM, Wi-Fi, and LAN, enabling doctors and intensive care specialists to monitor patient data on Noccarc's digital platform remotely. Additionally, it empowers hospitals to digitise ICU data and streamline workflows.
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