Medical Cannabis Startup Hempstreet and Amrita School of Ayurveda Tie-Up to Fight Against Mass Ailments

Through this partnership, HempStreet aims to build solutions to help them in their fight against mass ailments.

HempStreet, India's first research to retail venture in the ayurvedic cannabis sector, has partnered with Amrita School of Ayurveda. Amrita School of Ayurveda, based in Kerala, was founded in 2004 and is a well-known Ayurvedic education facility both nationally and internationally. Through this collaboration, HempStreet aims to receive clinically supported solutions to aid in their fight against mass ailments.

HempStreet started with the vision to harness the power of ayurveda and utilize responsibly dispensed cannabis based medication to tackle chronic ailments. HempStreet’s partnership with Amrita School of Ayurveda is one step further to meet the nation's needs of managing ailments through modern Ayurveda. Amrita School of Ayurveda, part of Amrita University, is ranked fifth in the National Institutional Ranking Framework (NIRF) Rankings 2021. Amrita School takes a unique approach to blending ancient philosophies and health science by cultivating a new breed of Ayurvedic physicians to fulfill the mission of creating a patient-centered and integrated health care delivery system.

Commenting on the partnership, Abhishek Mohan, Founder & CEO, HempStreet, said, “We are very excited to announce this partnership with Amrita School of Ayurveda and its affiliate R&D organizations to work towards clinical validation of formulations to address several mass ailments. This aligns with our policy of partnering with the best in class. With this partnership, we strive to further our mission to harness the power of Ayurveda via cannabis-based medication with a layer of clinical validation. This fits our global strategy of best-in-class partnerships across Europe, the US and Israel.”

Adding to this, Dr P. Ram Manohar, Head, Centre for Advanced Research In Ayurveda (ACARA), said, "We are thrilled to be collaborating with HempStreet. Our goal is to promote the expansion and advancement of Ayurvedic education, and working with HempStreet will help us close the knowledge gap between cutting-edge technological advancements and traditional medicine based on ancient wisdom. By bringing tradition and scientific research together, we can pave the way for contemporizing Ayurveda to meet global health care needs.”

HempStreet is poised to reshape the way mass ailments are addressed by raising awareness about the use of cannabis for pain management to address one of the health sector's most pressing issues. The company recently collaborated with over 400 Ayurvedic doctors in Mumbai to bolster this. Furthermore, to strengthen the R&D and distribution segment, HempStreet also partnered with MGC Pharma and Gynica earlier this year.

About HempStreet

HempStreet is India's first research to retail medicinal cannabis venture, working towards amalgamating the age-old science of Ayurveda with modern cannabis research to develop sustainable and economical solutions for mass ailments. All of this while ensuring end-to-end blockchain technology-based supply chain tracking to minimize any chance of abuse. HempStreet's dispensation network of more than 11000 partner clinics across 26 states of India is a testament to the efficacy of the formulations and the trust of medical practitioners in the brand. The company is also India's first medicinal cannabis venture to have been awarded the prestigious Biotechnology Ignition Grant (BIG) of BIRAC. Recently HempStreet partnered with Gynica, an R&D company based out of Israel focused on changing the culture of gynecological treatment through clinically proven, cannabinoid-based solutions.

About Amrita School of Ayurveda:

Amrita School of Ayurveda, Amritapuri was established in 2004 and managed by Mata Amritanandamayi Math Trust. The college has developed into a prestigious centre for education in Ayurveda, nationally as well as internationally, under the gracious guidance of its founder and spiritual guru, Mata Amritanandamayi Devi. The mission of the school is to provide a value-based education and mold the character of our younger generation through synergy of science and spirituality so that their earnest endeavor to achieve progress and prosperity in life is matched by an ardent desire to extend selfless service to the society, one complementing the other.

Amrita University’s TBI In Association with Niti Aayog to Organize Startup Hub in Kochi on Sept 23

Amrita University’s Technology Business Incubator (TBI), in partnership with Government of India’s policy think tank, NITI Aayog, will hold its first Startup Hub event at the Kochi campus on September 23, 2017.

The one-day event will bring together enthusiasts, entrepreneurs, idea seekers, venture capitalists and angel investors on a common platform.

Kochouseph Chittilappilly, Founder, Chairman, and CEO of V-Guard Industries, will deliver the keynote address as the Chief Guest. Prabhjot Bakshi, Director, Getwings and Microsoft’s Regional Director in Ahmedabad will be the technical speaker of the day. The versatile event has a diverse group of experts with similar ideologies that includes Prof. Sunanda Muralidharan, Chairperson, Amrita School of Business, Kochi.

Said Dr. Krishnashree Achuthan, CEO, Technology Business Incubator, Amrita University said, “The Startup Hub will bring together enthusiasts, entrepreneurs, idea seekers, venture capitalists and angel investors on a common platform. It will allow budding entrepreneurs and students to get first-hand information from experts, take their startup idea to the next level and offer them a plethora of business opportunities. The event is a part of Amrita TBI’s workshop series which exposes entrepreneurs to some of the most successful business professionals and their intriguing insights.”

Amrita University’s Technology Business Incubator recently won the National Award for being the best Technology Business Incubator in the country from the Dept. of Science and Technology, Government of India.

Established in 2008, Amrita University’s TBI is one of the very few business incubators in India that provides startups a national platform to showcase their ideas/products/services and receive funding, that too at a large scale. Most other TBIs only cater to regional markets. Till now, Amrita TBI has incurred 0% loss from its investments. The Amrita TBI PitchFest, organized since 2012, is an annual platform for startups across India to showcase their ideas, qualify to receive seed investments, and get incubation space at Amrita University’s Technology Business Incubator.

NITI Aayog’s Atal Innovation Mission (AIM), Government of India’s flagship program to promote innovation and entrepreneurship, is also inviting applications for ‘Mentor India’. Mentor India is as a strategic nation building initiative to engage leaders who can guide and mentor schools students in 900+ Atal Tinkering Labs (ATL) established by AIM in schools across India. The deadline for submission of applications to join Mentor India is 30 Sep 2017. The applications can be submitted online here.

Image Source: ShutterStock

Amrita University’s TBI In Association with Niti Aayog to Organize Startup Hub in Kochi on Sept 23

Amrita University’s Technology Business Incubator (TBI), in partnership with Government of India’s policy think tank, NITI Aayog, will hold its first Startup Hub event at the Kochi campus on September 23, 2017.

The one-day event will bring together enthusiasts, entrepreneurs, idea seekers, venture capitalists and angel investors on a common platform.

Kochouseph Chittilappilly, Founder, Chairman, and CEO of V-Guard Industries, will deliver the keynote address as the Chief Guest. Prabhjot Bakshi, Director, Getwings and Microsoft’s Regional Director in Ahmedabad will be the technical speaker of the day. The versatile event has a diverse group of experts with similar ideologies that includes Prof. Sunanda Muralidharan, Chairperson, Amrita School of Business, Kochi.

Said Dr. Krishnashree Achuthan, CEO, Technology Business Incubator, Amrita University said, “The Startup Hub will bring together enthusiasts, entrepreneurs, idea seekers, venture capitalists and angel investors on a common platform. It will allow budding entrepreneurs and students to get first-hand information from experts, take their startup idea to the next level and offer them a plethora of business opportunities. The event is a part of Amrita TBI’s workshop series which exposes entrepreneurs to some of the most successful business professionals and their intriguing insights.”

Amrita University’s Technology Business Incubator recently won the National Award for being the best Technology Business Incubator in the country from the Dept. of Science and Technology, Government of India.

Established in 2008, Amrita University’s TBI is one of the very few business incubators in India that provides startups a national platform to showcase their ideas/products/services and receive funding, that too at a large scale. Most other TBIs only cater to regional markets. Till now, Amrita TBI has incurred 0% loss from its investments. The Amrita TBI PitchFest, organized since 2012, is an annual platform for startups across India to showcase their ideas, qualify to receive seed investments, and get incubation space at Amrita University’s Technology Business Incubator.

NITI Aayog’s Atal Innovation Mission (AIM), Government of India’s flagship program to promote innovation and entrepreneurship, is also inviting applications for ‘Mentor India’. Mentor India is as a strategic nation building initiative to engage leaders who can guide and mentor schools students in 900+ Atal Tinkering Labs (ATL) established by AIM in schools across India. The deadline for submission of applications to join Mentor India is 30 Sep 2017. The applications can be submitted online here.

Image Source: ShutterStock

Amrita University Sets Up India’s First Cyber Security Startup Hub

Amrita University’s Technology Business Incubator (TBI) and its Center for Cybersecurity Systems and Networks (CCSN) have both come together to set up India’s first startup hub to focus exclusively on cybersecurity. The initiative will bring together research, funding and industry on the same platform to build the next wave of cybersecurity startups in India.

Said Dr. Krishnashree Achuthan, CEO of Amrita University’s Technology Business Incubator (TBI): “There are more than 4,000 startups in the country today, but less than 100 operate in the field of cybersecurity and build related products. With wars being fought every minute across the world in cyberspace, cybersecurity has become a strategic national priority. India needs to tackle this challenge from both an economic and military perspective. The new Amrita University Cybersecurity Startup Hub would enable us to usher in a new era of innovation, research and startups in the field of cybersecurity, helping us meet a critical national need.”

Cybersecurity is estimated to be a $70 billion industry worldwide, with an annual loss of $400 billion due to cybercrime and threats. This loss is expected to shoot up to $2 trillion by 2020. Added Dr Krishnashree Achuthan: “The shift towards cloud services and storage poses a challenge in securing data. An incredible amount of data is flowing around the Internet to servers at different geo-locations with minimal or faulty SSL encryption. The policies to protect this data are not on par with the growth of cloud-based services. The advent of Internet of Things (IoT) is another challenge. With new devices being connected to the Internet on daily basis, it is hard to track the threat landscape because of new variables and attack vectors introduced by each device. Security and protection of computer data has thus become a serious challenge.”

India witnessed an estimated 50,000 cybersecurity incidents in 2015. More than 26,000 websites have been defaced and 91 lakh infected systems have been detected in the country till now. Worse, 80% of all cybercrimes go unreported. Without strong software security and protection techniques, all software-based systems are vulnerable to devastating attacks from hackers and spies.

The Amrita University Cybersecurity Startup Hub will promote indigenous product development, audit and compliance testing, and creation of test beds that replicate the Internet and enterprise environments. The focus areas will include mobile, cloud, cyber-physical systems, digital forensics, cryptography, malware analysis, and so on.

Amrita University’s Technology Business Incubator (TBI) is one of the only 6 incubators selected from 232 contenders across India to be made world-class under NITI Aayog’s Atal Innovation Mission (AIM). According to NITI Aayog CEO Amitabh Kant, the objective is to radically transform the start-up ecosystem in India by providing financial scale-up support to these six “rarest of the rare” incubators and upgrade them to global standards. Each of these will receive $1.4 Mn (INR 10 crore) over a span of two years to provide state-of-the-art facilities to the incubated startups. The new Amrita University Cybersecurity Startup Hub is being established as a part of this initiative.