Prantae Solutions Pvt. Ltd. is a healthcare device and diagnostic startup from Bhubaneswar, Odisha. It was founded in June 2015. Winner of the CII-IPR award for the last four years, they pride themselves on their R&D capabilities and have a DSIR-recognized R&D facility.
Prantae has received grants from DBT-BIRAC, DST, MeitY, Tata Trust, Millennium Alliance, Grand Challenge Exploration-India for product development.
During the pandemic, Prantae developed three diagnostic solutions and two of them were validated by ICMR for SARS-CoV2 detection. Their team comprises 12 young engineers and two scientists. Prantae’s vision is to empower people with self-monitoring devices in healthcare. They have developed a kidney health monitoring device for which they won a TiE award.
Founded by Dr. Sumona Karjee Mishra to address what she perceived as a gap in healthcare, Prantae has gone from strength to strength. A Phd scholar from JNU, Sumona completed an EDP program at Judge Business School, Cambridge University and then enrolled for the Goldman Sachs NSRCEL 10K Women program.
“The NSRCEL 10K Women program came at a crucial juncture as I was mulling market entry for one of our flagship projects. I required an understanding of customer segmentation, market entry strategy, product market fit and financial calculations. I received all this and more which made my journey from product development to market very smooth. The mentoring at NSRCEL has been particularly useful to me for regulatory and market penetration,” explains Dr Karjee Mishra.