Setting New Benchmarks In Healthcare Innovation

India still faces stark healthcare inequities. Approximatelypeople living in rural areas. Even basic screening for hypertension or diabetes remains outside the reach of many rural health sub‑centres. The COVID‑19 crisis exposed this fragility: overstretched hospitals, lack of ICU beds, ventilators and testing equipment left vast populations vulnerable. These failures deepened regional disparities.

Saniya Jeswani and Lokant Jain observed the sorry state of affairs and resolved to build a digital doctor. They launched Perkant Tech when they were in their final year of college. They built a device that works anywhere and predicts health crises before they arrive, showcasing the kind of innovation that is emerging from smaller Indian cities like Indore, thanks to the strength of India’s startup ecosystem. The pathbreaking innovation they created is called the Abhay Parimiti.

Elegant in form and radical in function, Abhay Parimiti is an AI-powered, IoT-enabled portable patient monitor, that measures and tracks , like blood pressure, pulse rate, pulse pressure, respiratory rate, blood oxygen, as well as Heart Rate Variability (HRV), and Interbeat Interval (IBI) measurements in under 60 seconds. Being IoT-enabled allows data from Abhay Parimiti to be collected remotely for monitoring and predictive analysis. It operates autonomously, and being non-invasive, it creates no bio waste and ensures complete patient comfort. Over a million health tests later, it has become a proven model of scalable and accessible healthcare.

Abhay Parimiti transcends conventional diagnostics. For hospitals, it’s a multi-parameter monitoring system streamlining prognostics. Corporates deploy it for employee wellness, curbing absenteeism through early intervention. Patients gain real-time insights and emergency alerts, democratizing proactive care. Its impact has earned the device widespread recognition too, being listed among Top 50 Healthcare Innovations by AIM, Niti Aayog and being showcased at the WHO headquarters in Geneva as a shining example of Indian healthcare innovation.

Perkant Tech's rapid rise owes a lot to precise execution and timely support. Fundraising can be a labyrinth of red tape and regulations. But Perkant Tech were able to face the challenge head on, with IDFC FIRST Bank stepping in to help them navigate financial systems effortlessly. The bank offered Perkant Tech a share capital bank account solution, allowing the startup to access funds raised through investors with ease.

The responsiveness and friendliness of the bank's relationship team gave the founders of Perkant Tech the time and space to build their product and maximize their impact. Another game changer was the BRAVO feature on current account. It lets users activate an auto-sweep mechanism that moves funds above a set threshold, which is any chosen amount above ₹2 Lakhs, into a fixed deposit. , ensuring your money stays productive always. What's more, fixed deposit breakage attracts no penalty and happens only when account balance dips below ₹2 Lakhs. Even then, the fixed deposit breakage is only in units of ₹1, to give you maximum benefit.

Today, Perkant Tech’s ambitions are growing. As the company prepares to scale, its leadership sees IDFC FIRST Bank as a long-term financial partner. With fixed deposit-backed overdraft solutions already provided, and discussions over the new salary account and payment gateway solutions underway, the bank’s startup-oriented services are perfectly aligned with Perkant Tech’s mission.

IDFC FIRST Bank is not just a financial institution. It is a trusted partner that understands startups. Its range of services is designed to help new businesses overcome the obstacles of financial access and management in the early years, and gives them access to tools and solutions to maximize their financial resources on the road to growth.

Perkant’s journey mirrors the promise of initiatives like Leap to Unicorn, an initiative by IDFC FIRST Bank, in association with Moneycontrol, and CNBC-TV18. It’s where transformative ideas are showcased, refined and brought to the centre stage. For entrepreneurs building solutions in India for the world, it’s more than a stage. It’s a launchpad that offers them exposure, resources and the network they need to amplify their impact.

Perkant Tech stands as a model of what the future of innovation in India should be; profoundly human, technologically sophisticated, built at scale to solve India’s problems, and ready to set new global standards. Right partners, like IDFC FIRST Bank, can help you get the right platform and the right networks, along with the expertise to help you build and grow your product.