Wednesday, 11 May 2016 14:00

NetHealth is CeBIT Australia’s PitchFest Winner

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Nine start-ups competed at CeBIT Australia’s annual PitchFest on Wednesday 4 May. In true Shark Tank fashion – “There can only be one”.

NetHealth was selected overall winner after competitive series of pitches in front of renowned judges Steve Baxter, Founder, River City Labs and Shark, Shark Tank Australia; Brad Rosser, Founder, TiE Board and Charter Member, BSF Group; and Dennis Silvers, Director, TiE Sydney.

NetHealth is a next generation telemonitoring platform provider in the eHealth space. The platform Net-HealthData helps users manage chronic conditions, as it sends the users’ clinically important information through wireless devices to their doctor in real time. Blood pressure, blood glucose, weight, heart rate and pulse can be assessed to enable better diagnosis during a consultation or continuously monitored. It integrates with clinic management software making it easy to use for both patients and doctors.

Vidya Nallamad, CEO, and Founder of NetHealth has spent ten years in the medical software industry working for various corporations like GE Medical Systems and Philips Medical Systems. She pitched the idea to a full house of ICT professionals, highlighting the key benefits of incorporating technical innovation with patient care.

“PitchFest presented a great opportunity for us to share our vision and our innovative solution that will transform management of chronic medical conditions, to a range of investors, corporations, potential users and government agencies. It was a very competitive process and unearthed a range of fantastic opportunities. We cannot wait to share our product with the CeBIT community as it continues to grow,” she said.

Nitin Singhi, Vice President, and Director TiE Sydney announced NetHealth as the winner of CeBIT PitchFest after a fast-paced, interactive competition that saw Blrt come in second place - an app that enables users to talk, point and draw over images, documents and websites on any device, enabling faster communication and collaboration.

Shippit was awarded third place, a service simplifying shipping using multiple carriers, enabling easier bookings and providing tracking services for companies of all shapes and sizes.

NetHealth wil receive a package valued at over $20,000 including an exhibition stand at CeBIT 2017, $1,000 per month hosted Cloud Services from OrionVM for one year and a fully sponsored scholarship to the Capital Pitch x Investor Ready course for start-ups valued at $1,000.

Winners of CeBIT PitchFest have gone on to become multi-million dollar, multi-national companies. Previous winners include Ingogo, now installed in thousands of taxis across Australia and Mathspace which has grown phenomenally in just a few short years to be available in over 20 countries.

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Ray Shaw

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Ray Shaw [email protected]  has a passion for IT ever since building his first computer in 1980. He is a qualified journalist, hosted a consumer IT based radio program on ABC radio for 10 years, has developed world leading software for the events industry and is smart enough to no longer own a retail computer store!

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