Now Reading: Tata, Zoho funding backs Voxelgrids’ indigenous MRI effort
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Tata, Zoho funding backs Voxelgrids’ indigenous MRI effort
Bengaluru startup Voxelgrids is developing an indigenous MRI scanner after financial support from Tata Trusts and Zoho helped it resist a multinational buyout approach, India Today reports. Founder and CEO Arjun Arunachalam…
The Story in Brief
Bengaluru startup Voxelgrids is developing an indigenous MRI scanner after financial support from Tata Trusts and Zoho helped it resist a multinational buyout approach, India Today reports. Founder and CEO Arjun Arunachalam said the company feared a partnership could compromise its innovation.
Voxelgrids says its machines will be 40% cheaper and 50% lighter than existing systems, while potentially cutting scan costs by up to 70%. India imports MRI-related products worth about Rs 3,500 crore annually, and an average scan costs nearly Rs 10,000, according to figures cited by India Today. The company’s scanner is still being developed, so its promised savings will depend on clinical validation, manufacturing scale and hospital adoption.
The Indian Opinion
The story should not become either a triumphalist claim that India has solved medical-device access or a reflexive warning that foreign companies must be kept out. Domestic design can reduce costs, but MRI machines demand reliable performance, service networks and trained technicians. The useful test is simple: whether Voxelgrids can secure approvals, install machines beyond major cities and deliver its promised 40% price reduction without compromising scan quality.
Source: indiatoday.in
This story was synthesised by AI from the source linked above.
