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Democratizing Advanced
Diabetes Treatment in India

About

Renu MedTech is a Pune-based deep-tech startup that is on a mission to democratize advanced diabetes treatment in India and other LMICs. We are incubated at Venture Center, NCL, Pune.

venture center pune

Co-founder & Chairman

Ajay Bhagwat
Ajay Bhagwat

  1. Founder, Renu Electronics

  2. And the force behind the attempt in 1988

  3. 35+ years in industrial automation and medical devices

  4. Also, the President at TiE - Pune 

  5. IIT-Bombay, University of Iowa

Co-founder & CEO

Vardhan Phadnis
Vardhan Phadnis

  1. 2x Entrepreneur

  2. Previously co-founded Shoptimize, successfully acquired by Graas

  3. Worked across the US, Europe and India in sales, marketing, supply chain and strategy domains

  4. ISB, Georgia Tech, VJTI - Mumbai

Why should India not have the
best treatment for Diabetes?

advanced diabetes care

Mission

 Use deep tech to democratize advanced diabetes care in India and other low / middle income countries, through cutting-edge and affordable medical devices

advanced diabetes treatment

Objective

To develop and bring to market healthcare innovations that solve for easy access and adoption

​

A state-of-the-art insulin infusion pump and a continuous glucose monitor would be the first products coming out of our stable

Renu Medtech insulin infusion pump and Continous glucose monitor

Insulin Infusion Pump
&
Continuous Glucose Monitor

Our Story

Causing Disruption:

Made in India, for the Global Market!

Priced Affordably

Designed for:
Local Lifestyle
Local Attire
Local Weather

India is the Diabetes Capital of the world!

  1. India has over 140 mn diabetics, of which 5 to 10% are Type 1

  2. 50% of diabetics are undiagnosed with a 33% mortality rate for Type 1 diabetics

  3. India relies on insulin injections which have a huge risk of potentially fatal hypoglycemia and / or hyperglycemia

advanced diabetes treatment
The US and EU actively use the Insulin Infusion Pump and the CGM. However, in India

  1. This technology is prohibitively unaffordable

  2. Not designed for local conditions 

  3. Not covered under insurance

01

Insulin Pump Pioneer

India's first Insulin Infusion Pump made in 1988 at Renu Electronics

02

Innovation

Prototyping and Patenting,
Research sponsored by Novo Nordisk

03

Abrupt End

Abrupt end to the project due to the death of the co-Inventor Dr. Rajeev Warhadpande in 1992

04

Problem Still Remains!

Surprisingly, in 2025, the problem in India remains the same!

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