About Us

The Mazumdar Shaw Medical Foundation was started in 2014, with the belief that only a will, highly motivated by compassion can direct science towards intelligent innovations that convert today’s expensive medical discoveries into affordable solutions. To make this possible, a strategy was developed to seamlessly incorporate a high-tech hospital with translational research facilities, medical outreach & compassionate care programs and technology development capabilities, into a highly interactive ecosystem. The idea is to create a new hospital culture where every health-worker has ready access to resources for guided innovation at multiple levels. The Mazumdar Shaw Medical Center (MSMC), a unit of Narayana Health, with the Mazumdar Shaw Center for Translational Research (MSCTR), Mazumdar Shaw Cancer Outreach Program (MSCOP) and the Technology Business Incubator (TBI) are the current 4 pillars of the Mazumdar Shaw Medical Foundation. This ecosystem is providing a unique opportunity for bridging medical practice with research, science, sociology & economics, technology and medical design.

In June 2015, the Mazumdar Shaw Medical Foundation in lieu of the translation research facilities infrastructure being setup was conferred upon the TBI status by Department of Science and Technology, Government of India. Following which in July 2019, we were conferred upon the BIONEST status by BIRAC, Department of Biotechnology, Government of India. This recognition allowed the infrastructure the support system to both in-house clinicians and external entrepreneurs to setup the enterprise path for their research ideas emerging from a clinical need.

Nine out of Ten startups fail, statistics testifies the hard truth. Startup ecosystems like Incubators, accelerators, co –working spaces etc should be well equipped to improve the odds of success for the startups and the entrepreneurs should be working harder and smarter understanding the reality.

Though there are many reasons why startups fail, by running one the nation’s first corporate hospital-based technology business incubator – MSMF has learned that, healthcare startups usually fail due to:

  • their product or service not solving a clinical pain point or patient need
  • lack of pre-clinical/clinical testing and validation facility along with regulatory hurdles
  • access to pre-seed or proof of concept funds.

The MSMF ecosystem has been designed and thoroughly equipped through all our collective programs herein to address the above challenges and set the odds for winning for the startup at a par above the others.

Our Vision

The Vision of BIRAC-Mazumdar Shaw Innovation Centre is to be a global ecosystem for innovations in Medical Sciences and novel technology development for making advanced healthcare accessible and affordable.

Our Mission

  • Our Mission is to be a powerful interactive environment for sensitising entrepreneurs and scientists to the everyday challenges faced by highly accomplished clinicians and educate healthcare personnel to identify and leverage opportunities emerging in engineering sciences.
  • Instil a culture of eclectic, broad bandwidth thinking and imaginative ideation within a busy, evidence based hospital medical practice to accelerate start-ups to rapidly optimise Medical Technology solutions.
  • Provide exposure to latest advanced applied medical technology within a hospital and community environment.
Meet The Team
  • Governing Council
  • Investment Committee
  • Scientific Committee
  • Management Team

Chairman & Managing Director of Biocon Limited
Chairperson - MSMF

Dr Kiran Mazumdar Shaw

Chairman - Narayana Health

Dr Devi Prasad Shetty

Managing Director - MSMF
Medical Director - Mazumdar Shaw Medical Center
Sr Vice President - Narayana Hrudayalaya
Chairman - MSMF TBI

Dr Paul C Salins

Managing Director - MSMF
Medical Director - Mazumdar Shaw Medical Center
Sr Vice President - Narayana Hrudayalaya
Chairman - MSMF TBI

Dr Paul C. Salins

President, Finance – Biocon

Murali Krishnan

Co-Founder & Partner - Menterra

Paul Basil

Managing Director - Ideaspring Capital

Naganand Doreswamy

Advisor - UCSF Innovation Ventures

Prashant Chopra

Managing Director - MSMF
Medical Director - Mazumdar Shaw Medical Center
Sr Vice President - Narayana Hrudayalaya
Chairman - MSMF TBI

Dr Paul C. Salins

Sr Consultant - narayana Health

Dr B. V. Murali Mohan

Principal Investigator, Clinicians’ Translational Research Program (CTRP)


Integrated Head and Neck Oncology Research Program

Dr. Amritha Suresh, Ph.D


Dr Rohit Ranade

Medical Oncology

Dr Nidhi Tandon


Dr Lavanya Kiran

H& N

Dr Vivek Shetty


Dr Harish BR


Dr Vimal Raj


Dr Rammohan Bhat


Dr Robbie George


Dr Rekha PR


Dr Vijay Pillai


Dr Murali Mohan BV


Dr Diwakar


Dr Harish


Dr Thimmappa Hegde


Dr Subramanian Kannan


Dr Sanjay Rao


Dr Shibu Pillai


Dr Vikram Huded


Dr Kiran


Dr Sunil Bhat


Dr Saurabh Bhargava


Dr Komal Prasad


Dr Sharath Damodhar

kidney/liver transplant

Dr. Ashley Lucien Joseph D’Cruz

surgical gastroenterology

Dr. Ashwinikumar Kudari

Gen med

Dr Ravi Chandra


Dr. Kiranmayi


Dr. Radhika Manohar

Managing Director - MSMF
Medical Director - Mazumdar Shaw Medical Center
Sr Vice President - Narayana Hrudayalaya
Chairman - MSMF TBI

Dr Paul C. Salins

Consultant - Cranio-facial Surgeon, Narayana Health

Dr Samarth R Shetty

Head of Operations - TBI

Kiran Vuppala

Chief Engineer

Jeyaseelan Salai

Clinical coordinator

Dr. Lalitha Laxhmi

Embedded Systems Engineer

Ajay Nitish

Software Engineer

Arpan Biswas

Office Administrator

Kartheek S A

Junior Mechanical Engineer

Varadarajan A

Our Partners
Funding Partners
Embassy Partners