October 19, 2015, Hyderabad, India: Hyderabad based Suvitas has won the prestigious TiE – Lumis Entrepreneurial Excellence Award 2015. The Indus Entrepreneurs (TiE) partnered with Lumis Partners, organized by TiE Lumis Entrepreneurial Excellence Awards to uncover some of the most innovative, sustainable and high potential companies. Tie Lumis Excellence Award was held at the annual TiEcon Delhi, 2015.
The jury evaluated the entries on the basis of the applicant’s’ understanding of the market with regards to product placement, differentiation, value proposition and social impact. Startup Suvitas provides a home like environment for transition care and is equipped to help patient get back on their feet with customized rehabilitation plan and protocols. It operates a 50 bed facility in Hyderabad with plans to expand its services in many other cities soon.
Flt Lt Bipin Pendala the Founder & Director of SuVitas says it is an extremely motivating moment for a young startup like ours, merely a year old to have achieved this honor. We thank the jury for recognizing our initiative and acknowledging the potential impact of transition care in our society that is constantly seeking ways to enhance their healthy living. I dedicate this award to team Suvitas Dr. Ramesh Babu, Sateesh Andra, Dr. Vijay, Sruti and Jeevanti who put in hours of handwork to make our mission possible.
Team Suvitas says we have a fantastic multidisciplinary team approach. The impact is excellent, well evaluated and the results have been very gratifying. The outlook for the next two-three years is going to be very challenging and we continue to raise our service bar many notches.
At Suvitas we chalk out an extensive, focused care plan for our residents who step into our facility to recover from an acute neuro stroke or a major surgery. We provide them a very hygienic environment, a home like environment to enable the resident to convalesce and understand what happened and what lifestyle changes they need to make when they go back home, recover reasonably well and then get home when they are ready to go home. Bipin added.
The jury included well known personalities like Pramod Bhasin, non-executive vice chairman & former president & CEO at Genpact; Saurabh Srivastava, chairman emeritus, TiE Delhi-NCR; Pradeep Gupta, chairman & MD, CyberMedia; Rohitash Mal, chairman & MD, EM3 Agro services Pvt. Ltd; Sandeep Sinha, managing partner Lumis Partners; Padmaja Ruparel, president, Indian Angel Network among others.
The award recognizes the challenges young startup face and their journey to improve value and efficiency.