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Bridging the Gap between Social Enterprises and Social Impact Investors

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Recently, I got the opportunity to participate in Bangalore CSR Roundtable hosted by Brillio & Equal Innovation in partnership with India CSR on May 3rd 2017.

Some key points from this event I want to share with you all. Before that let me put some light on what is Social Entrepreneurs and Enterprises (SEE) and how this is related to this event.

Social Entrepreneurs and Enterprises (SEE)

It is an initiative of IITK AA, organised and now carried forward in association with IITKGP AA and supported by PAN IIT, IIMA, PAN IIM and ACB.

SEE started as an event and the first SEE focused primarily on awareness and scaling models for Successful Social enterprises. It had speakers and participants from all sectors. During the first edition of SEE one message came out very clearly that there is an increasing gap between social enterprises (not-for-profit or for-profit) and CSR funds/investors.

Second edition of SEE focused on Healthcare and Education. This edition also looked at setting up the framework so that Alumni from IIT’s can effectively engage and contribute to the critical sector.

It brought various social entrepreneurs, philanthropists, thinkers and enthusiasts under one roof. The event allowed great interactive sessions where on one hand the participants got inspired by conviction-led work by speakers and on the other hand various corporate discussed the challenges and their insights. Mr. Paritosh Segal, Co-Founder Sahyog Foundation, led the curation for the event.

After intensive research on challenges faced by social enterprises and impact investors, a framework was launched during the event by Mr. Pradeep Bhargava, President, IITK AA & IITK AA BLR.  Core objectives of the framework is to identify sectors that may be relevant and that may produce visible outcome, list the key impact areas and the key measures, understand and share the feasibility and impact data, build the stakeholders connect as part of SEE ecosystem which comprises financial institutions, CSR, Angel investors, VC’s, mentors, incubation with IIT and partners and entrepreneurs in the impact space.

We discussed on various aspects of CSR funding and pain-points of corporates as well as social enterprises. It was very enthralling for me to know that all these common problems faced by both entities can be resolved through SEE platform.

I would like to highlight a few key challenges and would like to emphasise on the role of SEE framework in resolving these issues:

Lack of trust between corporates and social enterprise world:

It was evident that corporates are willing to release CSR funds for social enterprises, but whom to trust for measurable impact has become a challenge for them. I strongly believe that SEE body can recognise and validate shortlisted social enterprises who genuinely have good model and thus help them sustain and scale. Corporates can have concurrence and decide where to invest.

Impact assessment of social enterprises by corporates:

Second evident challenge for all corporates is to measure the impact created by the social enterprise. One of the solution which was proposed is to have a set template by corporates where social enterprise can fill their outcomes. But the problem with such template is that there are several different enterprises all cannot be measured with the same template. SEE framework can play a crucial role in impact assessment by providing customised template.

Industry standard reporting by social enterprises:

Another point which was brought into discussion was reporting structure and the quality of report. Corporates feel that there is a need for social enterprises to improve on reporting but the fact that social enterprises many a times are not trained to publish their reports in a professional way. It becomes really challenging for corporates to go through the document and validate the report. We at SEE aim to create a pool of identified experts in different domains with social sector background as mentors. These mentors shall bring guidance to social enterprises and shall organize hands-on training sessions on impact measurement, impact assessment and impact reporting. This shall have positive outcome by reducing frustrations for both corporates and social enterprises.

Identifying the key focus area of corporates by social enterprises:

One of the biggest challenge which almost all social enterprises face invariably is to find out the corporates who have same focus area as their own. I recently faced a problem in identifying a CSR who invest in healthcare area. There is no common platform where corporates list their focus areas and social enterprises list their work.

Participation as SEE evangelist

SEE platform has planned to create a database on SEE website for all participants. This is going to ease the very first step of corporate and social enterprise to find the best match.

Social Enterprises

All these and many more benefits can be obtained by signing up for SEE Framework. SEE as a part of Alumni framework is not chargeable. Please register to be part of the SEE ecosystem and all benefits.

Investment community and CSR support from Corporates

They can leverage the curated social enterprises. Investors and CSR teams may share the success stories, the impact areas of their interest and the measures they use in identifying the right enterprise to support.

Accelerators, Incubators, and Mentors ( AIM)

AIM participants work together with the SEE team to ensure high probability of success for the individual enterprise but also contribute to ensure a higher percentage of successful SE. Commercial engagements are also possible after the initial success is registered.

Look forward to you all being part of SEE

 

 

 

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Is AI Ready to Replace Your Doctor?

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Have you ever wondered what if doctors could harness the power of many experts, all at once? Imagine every heartbeat, every lab result, and every medication being processed in seconds—faster than any human could ever dream of. No, this isn’t science fiction; it’s the new reality of Artificial Intelligence (AI) and Large Language Models (LLMs) in healthcare. The rise of AI in medicine and medical artificial intelligence is transforming the landscape of patient care and research.

Think of AI as the invisible co-pilot in a doctor’s journey—an entity that never sleeps, forgets nothing, and spots patterns that would take years for a human mind to recognize. It’s like giving healthcare professionals superpowers, enabling them to stay ahead of the curve in ways we never thought possible. But the real magic? Smart alert mechanisms jump into action when things are about to go wrong, providing warnings that save lives and make sure the right decisions happen in real-time. This is where AI for medical diagnosis truly shines, enhancing the capabilities of healthcare professionals.

AI and LLMs are changing the way healthcare works—and we’re at the forefront. Here’s how.

AI Pathology: Microscope with Superpowers

What if your microscope could not only analyze slides but also interpret them? That’s exactly what we did for Pathomiq. Our AI-powered pathology tool doesn’t just scan whole slides—it identifies disease progression and predicts patient responses with unmatched precision. By integrating LLMs, we created a system that not only analyzes images but also generates comprehensive, easy-to-understand diagnostic reports.

For Pathomiq, we trained AI models to detect malignancy patterns with 99% accuracy, and the LLMs translated the results into meaningful insights for doctors, which benefitted them with Faster diagnostics, better accuracy, and simpler communication between specialists.

Medical Image Analysis: X-Rays, But Make It Smart

X-rays, MRIs, and other medical imaging can be a treasure trove of data, but they often need an intelligent eye to make sense of it all. Abbvie came to us with this challenge. Our AI models analyze medical images to pinpoint abnormalities, demonstrating the power of AI medical diagnosis.

AI takes care of the image recognition, while LLMs convert findings into plain language summaries. For Abbvie, this resulted in faster image processing and more accurate interpretations. Clearer insights, faster decisions, and a smart system that even non-experts can understand.

AI Health Advisors

Imagine a health advisor that predicts your next treatment before you even need it. Our AI health advisor uses predictive analytics to identify patients likely to undergo surgery, showcasing how AI forecasts patient outcomes. This is similar to the Nura AI health screening concept, where early predictions combined with actionable, easy-to-read insights mean better health outcomes and proactive care.

Intelligent Document Parsing

Medical documents are notorious for their jargon-heavy content. But what if AI and LLMs could automatically extract the relevant information? That’s exactly what we did with our intelligent document parsing tool. Whether research papers or patient reports, our system extracts key data and presents it in a clear, concise format.

AI handles document parsing for faster decision-making. As there wouldn’t be any more sifting through endless documents—It streamlines the process and saves time.

Drug Discovery: Abbvie’s Fast-Track to Innovation

When Abbvie sought to enhance its drug discovery process, we stepped in with an AI-powered platform that redefines speed and accuracy. We developed a research tool that lists genes with their weighted interconnectivity from research papers, providing a visualization framework to display genes and proteins along with their interconnections. Our AI tools handle complex text parsing across various document formats and perform frequency determination and spectral clustering to identify gene pairs, their locations, and contextual details.

Our AI extracts and visualizes gene data, parses text, and determines the frequency and clustering of gene interactions. This approach accelerates drug discovery, cuts costs, and offers a clearer path from genetic research to real-world drug development.

Clinical Trials: Pathomiq’s AI-Powered Cancer Detection

Clinical trials are all about accuracy and speed, especially in cancer detection. For Pathomiq, we built AI models that analyze digital slides to identify early-stage malignancies. Our AI stepped in to explain the findings and suggest the next steps, streamlining the process for researchers and doctors.

AI detects cancer patterns in digital pathology slides and provides context-rich explanations that make trial results easier to understand. Early cancer detection paired with simplified trial documentation means faster, more accurate results.

Conclusion: AI & LLM—The Future of Healthcare, Today

At Mantra Labs, we’re not just integrating AI and LLMs into healthcare; we’re pioneering a revolution. It is said that AI has the potential to reduce diagnostic errors by up to 30% and streamline drug discovery processes by cutting research times in half. It has revolutionized healthcare by delivering faster diagnostics, improving the accuracy of medical imaging, and optimizing processes like pathology and clinical trials. Yet, even with these advancements, the human touch remains essential. Healthcare professionals bring the empathy, intuition, and ethical judgment that AI, for all its precision, cannot replace. While AI enhances decision-making and efficiency, it’s the collaboration between human insight and machine intelligence that ensures the best outcomes. The future of healthcare is not just about smarter technology, but about how human expertise and AI together can provide faster, more precise, and compassionate care.

Further Reading:

Doctor Who? AI takes center stage in American Healthcare

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