Kanpur, 17 September, 2024: The Indian Institute of Technology Kanpur (IITK) and ICICI Foundation for Inclusive Growth (ICICI Foundation), the CSR arm of ICICI Bank, have signed a Memorandum of Understanding (MoU) to work together on a Digital Health Stack project towards advancing and strengthening healthcare. The Stack will be available for use in the public healthcare system, starting with the State of Uttar Pradesh. ICICI Foundation will support this initiative with significant fund requirement over multiple years.

The MoU was signed by Prof. J Ramkumar, Acting Dean of Resources and Alumni, IIT Kanpur, and Mr. Sanjay Datta, President, ICICI Foundation for Inclusive Growth, in the presence of senior officials of ICICI Foundation and senior professors from IIT Kanpur. Shri Awanish Kumar Awasthi, Advisor to Hon'ble Chief Minister of Uttar Pradesh, graced the MoU ceremony virtually.

The Stack aims at bringing a paradigm transformation in the space of public healthcare by combining technology, medical research and innovation. The project involves development of MedTech devices, improving point-of-care (POC) services and strengthening the public healthcare capacity. Further, it will help in detection of chronic diseases through AI integrated devices. The project will be housed in the IIT Kanpur campus.

Prof Manindra Agrawal, Director of IIT Kanpur, said, “With the core expertise in Artificial Intelligence & Machine learning and thriving MedTech ecosystem, the Institute is well poised to provide necessary technological support to the mission of developing the Digital Health Stack. We are grateful to ICICI Foundation for their generous contribution towards this initiative and look forward to a successful endeavor”.

Mr Sanjay Datta, President, ICICI Foundation, said, “ICICI Foundation has been working for capacity building in the healthcare space. In line with this, we are pleased to collaborate with IIT Kanpur for creating Digital Health Stack that will contribute towards digitising and enhancing the public healthcare system.”

About ICICI Foundation:

Founded in 2008, the ICICI Foundation for Inclusive Growth stands as the dedicated Corporate Social Responsibility (CSR) arm of ICICI Bank and Group companies, with a profound commitment to fostering inclusive growth throughout India. The Foundation operates through four core pillars namely, environment and ecology, healthcare, societal development and supporting sustainable livelihoods, strategically addressing key enablers for comprehensive development. Over the years, the impact of these initiatives has been substantial, touching the lives of over 12.8 million individuals across all states and union territories.

About IIT Kanpur:

Indian Institute of Technology Kanpur was established in 1959 and declared to be an Institute of National Importance by the Government of India through an Act of Parliament. IIT Kanpur is best known for the highest standard of its education in science and engineering and seminal R&D contributions over the years. The institute has a sprawling lush green campus spread over 1050 acres with large pool of academic and research resources spanning across 19 departments, 25 centers and 3 interdisciplinary programs in engineering, science, design, humanities, and management disciplines with more than 580 full-time faculty members and approximately 9000 students.

For more information, visit www.iitk.ac.in.