BETiC
BETiC is a multi-institution translational R&D network based at IIT Bombay that develops indigenous medical devices, operating a PReSurgE portal for patient-specific 3D-printed implants and licensing 14+ products to industry partners and startups.
- Company typePrivate
- Founded2014
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BETiC does
Biomedical Engineering and Technology Innovation Centre (BETiC) is a multi-disciplinary, multi-institution translational R&D network headquartered at IIT Bombay in Mumbai, India, established in April 2014 with funding from the Rajiv Gandhi Science & Technology Commission of the Government of Maharashtra. The organization operates a hub-and-spoke model linking 14 partner institutes (engineering and medical) across Maharashtra State, six hospitals, and three major business incubators (SINE at IIT Bombay, Venture Centre at NCL Pune, and C-CAMP in Bengaluru). Its mission is the indigenous development of novel, suitable, reliable, and affordable medical devices, addressing the "four valleys of death" between concept, prototype, product, and market that medical device innovators typically face. Cumulative output through the most recent reporting includes 450 unmet clinical needs identified, 240 novel concepts created, 55 patents filed, 25 medical devices developed across risk classes, 16 startups incubated, and 14 products licensed to industry.
BETiC's core commercial offering is the PReSurgE (Portal for Reconstruction Surgeons and Engineers) web platform, which enables surgeons to upload CT/MRI data, view 3D models, and order patient-specific 3D-printed anatomical bone models (3-5 day delivery), surgical osteotomy guides/jigs, and titanium alloy (Ti6Al4V ELI) implants manufactured via additive manufacturing (5-7 day delivery). The platform has delivered over 1,000 patient-specific implants to reconstruction surgeons in India. Underlying technical capabilities span 3D and X-ray scanning (Steinbichler Comet, PICZA LPX, Artec Spider, Medi Plus), medical modelling using MIMICS software, metal DMLS 3D printing via EOS systems, simulation and design optimization (ABAQUS, ANSYS, AutoCAST, UG NX), and bio/tissue engineering infrastructure including a hydroxy-apatite Bio-Plotter and cell culture facilities. The ISO 13485:2016 certified quality management system, obtained in 2018, supports regulatory-grade documentation for medical device approvals.
The revenue model combines multiple streams: licensing and technology transfer to local industry partners (Metwiz Materials, Tenon Meditech, Eclipse Instrumentation, Om Surgicals, Ratna Nidhi Charitable Trust), professional services for end-to-end medical device development, and direct hardware sales of patient-specific implants and guides through PReSurgE. Pricing is quote-based and varies by case complexity, material, and quantity. The center supplements operating revenue with grants from government bodies (DST, BIRAC, ICMR-DHR, NSE Foundation) and conducts four annual community events (MEDHA hackathon, MEDIC innovation camp, MEDEX expo, MEDIS symposium) for ecosystem engagement. The headcount is reported at 11-50, comprising a core team of faculty, five domain managers, approximately 15 innovators, and 10 students. No venture capital or private equity investment has been disclosed; the entity operates as an academic-affiliated research center within IIT Bombay rather than as a separately incorporated commercial company.
BETiC firmographics
Firmographics- Name
- BETiC
- Legal name
- Biomedical Engineering and Technology Innovation Centre
- Website
- https://betic.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BETiC is a multi-institution translational R&D network based at IIT Bombay that develops indigenous medical devices, operating a PReSurgE portal for patient-specific 3D-printed implants and licensing 14+ products to industry partners and startups.
- Ownership category
- akta.pro rank
BETiC industry classification
Industry- Product category
- Medical Device R&D and Patient-Specific Implants
- NAICS
- Surgical Appliance and Supplies Manufacturing (339113), Surgical and Medical Instrument Manufacturing (339112), Scientific Research and Development Services (5417), Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology) (541715), Industrial Design Services (541420)
- SIC
- Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Surgical & Medical Instruments & Apparatus (3841), Services-Commercial Physical & Biological Research (8731)
- akta.pro primary industry
- Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine) (HLAHAEAL)
Keywords
Where BETiC is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices4 records
Markets served
BETiC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales, Supply Chain
Revenue model
- Licensing and Technology Transfer: BETIC licenses developed medical devices to local industry partners and provides technology transfer including know-how and know-why documentation. Products developed have been licensed to Metwiz Materials, Tenon Meditech, Eclipse Instrumentation, Om Surgicals, and Ratna Nidhi Charitable Trust.
- Medical Device Development Services: Provides end-to-end services from need curation through product engineering, rapid prototyping, pilot manufacturing, and device testing. Services include ISO 13485 compliant documentation for regulatory approvals.
- Patient-Specific Implants and Surgical Guides: PReSurgE platform provides patient-customized 3D printed bone models, surgical guides/jigs, and titanium alloy implants to surgeons for reconstruction surgeries. Over 1000+ implants delivered.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Custom 3D printed bone models - price varies by case |
| Unit Pricing | Pay-as-you-go | Titanium alloy implants - price varies by case |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
BETiC product offering
Product offeringCore offering
BETiC (Biomedical Engineering and Technology Innovation Centre) is a multi-institution translational R&D network at IIT Bombay that delivers end-to-end medical device innovation services spanning clinical need curation, product engineering, rapid prototyping, pilot manufacturing, and regulatory-compliant device testing under an ISO 13485 certified quality management system. Its flagship commercial offering is the PReSurgE portal, which lets reconstruction surgeons upload CT/MRI scans and order patient-specific 3D-printed bone models, osteotomy guides/jigs, and Ti6Al4V ELI titanium alloy implants manufactured via metal additive manufacturing.
Product overview
BETiC (Biomedical Engineering and Technology Innovation Centre) is a multi-institution R&D network based at IIT Bombay focused on indigenous medical device innovation. The core product is PReSurgE, a web portal enabling surgeons to order patient-specific 3D-printed bone models, surgical guides, and titanium implants for reconstruction surgery. Supporting service offerings include end-to-end medical device development (need curation through testing), a fellowship program, and four annual events (MEDHA hackathon, MEDIC training camp, MEDEX expo, MEDIS symposium). The centre has developed multiple medical devices across various risk classes, incubated startups, and licensed products to industry partners.
Differentiator
Problem solved
Functional benefit
Brands
- PreSurgE: Portal for Reconstruction Surgeons and Engineers - a platform to help surgeons plan surgery and get customized patient-specific 3D printed implants, including virtual/CAD models, printed models, osteotomy guides/jigs, and titanium alloy implants.
Products and services
- PReSurgE (Portal for Reconstruction Surgeons and Engineers) A web-based platform for surgeons to upload CT/MRI scans, view 3D models, and order patient-specific 3D-printed bone models, surgical guides, and Ti6Al4V ELI titanium implants for reconstruction surgery. Targets hospital-based reconstruction, craniomaxillofacial, plastic, orthopaedic-oncology and cosmetic surgeons across India.
- Medical Device Innovation Services End-to-end medical device development services spanning 3D/X-ray scanning, medical modelling, product design optimisation, pilot batch manufacturing, and ISO 13485-compliant documentation for regulatory approvals. Targets med-tech innovators, clinicians, startups and partner institutes crossing the four 'valleys of death' from concept to market.
- Patient-Specific Implants and Surgical Instruments Customised patient-specific implants and surgical instruments for reconstruction surgery, delivered via the PReSurgE portal. Includes virtual/CAD bone models, physical 3D-printed models, surgery planning, and patient-customised Ti6Al4V ELI titanium implants for craniomaxillofacial, plastic, orthopaedic, ortho-oncology and cosmetic procedures.
- 3D-Printed Bone Models Physical 3D-printed anatomical models derived from patient CT/MRI data, used for preoperative planning, mock surgeries, and surgical education. Delivered in 3-5 days via the PReSurgE portal to reconstruction surgeons across India.
- Osteotomy Guides/Jigs Patient-specific surgical guides (osteotomy guides/jigs) designed from virtual 3D models with slots for planned bone cuts at specific locations and angles. Used by surgeons to perform precise bone resection during reconstruction procedures. Ordered through the PReSurgE portal.
- Titanium Alloy Implants Patient-specific Ti6Al4V ELI (Grade 23) titanium alloy implants manufactured by direct metal laser sintering (EOS DMLS) for biocompatibility and superior fit. Designed to reduce post-surgery complications such as loosening, breakage, exposure and infection. Delivered within 5-7 days via the PReSurgE portal; over 1,000 implants delivered to reconstruction surgeons.
Quantifiable outcome
- 450 unmet needs identified, 240 novel concepts created, 55 patents filed
- +5 more outcomes
Companies that use BETiC
Customer profileNamed customers17 records
Segments5 records
Ideal customer profiles4 records
BETiC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
BETiC partnerships and signals
Strategic signalPartnerships
24 partnerships are on record, tiered core, major and supporting.
- Rajiv Gandhi Science & Technology Commission (RGSTC)coreFunded the initial study and approved BETIC establishment in April 2014 as a five-year project. Government of Maharashtra initiative to develop biomedical engineering and technology centre based on hub-and-spoke model.
- SINE Business Incubator, IIT BombaycoreBusiness incubator at IIT Bombay where BETIC innovators can incubate their start-up companies. Most startups incubated here including Ayati Devices, AlgoSurg, and others.
- Venture Centre, NCL PunecoreBusiness incubator at NCL Innovations Park Pune for medical technology startups emerging from BETIC ecosystem.
- C-CAMP (Centre for Cellular and Molecular Platforms)majorBengaluru-based bioengineering incubator for startups requiring specialized infrastructure and mentorship.
- Grant Govt. Medical College & JJ Hospital, MumbaicoreMedical institute partner providing clinical need identification and feedback on medical devices under development. Contact: Dr. Prashant Howal.
- MGM Institute of Health Sciences, Navi MumbaicoreMedical institute partner with BETIC cell established. Contact: Dr. Rajani Mullerpatan.
- B.J. Medical College & Sassoon Hospital, PunemajorMedical institute partner for clinical immersion and device validation. Contact: Dr. Dasmit Singh.
- Datta Meghe Institute of Medical Sciences, WardhamajorMedical institute partner in rural Maharashtra. Contact: Dr. Punit Fulzele.
- College of Engineering, PunecoreEngineering institute with BETIC satellite center. Headed by Prof. B.B. Ahuja with Dr. Sandip Anasane and Dr. Arati Mulay. Operates from Fab Lab.
- Visvesvaraya National Institute of Technology (VNIT), NagpurcoreEngineering institute with BETIC satellite center operating from CAD/CAM Centre. Headed by Prof. A.M. Kuthe.
- INK IDEEmajorIPR firm partner for intellectual property protection of developed medical devices. Contact: Mr. Chirag Tanna.
- ImaginariummajorPilot batch manufacturing partner for medical devices. Contact: Dr. Guruprasad Rao.
- IDEMIsupportingElectronics testing partner for medical device electronics validation.
- Andhra Pradesh Med Tech Zone, VisakhapatnammajorCollaboration agreement signed with BETIC for medical technology development and manufacturing.
- Gujarat Technological University, AhmedabadmajorCollaboration agreement signed with IIT Bombay for BETIC operations in Gujarat region.
- KJ Somaiya College of Engineering, MumbaisupportingEngineering institute with BETIC cell. Contact: Dr. Ramesh Lekurwale.
- MIT Art, Design & Technology University, PunesupportingEngineering institute with BETIC cell. Contact: Dr. Renu Vyas.
- Symbiosis International University, Lavale, PunesupportingUniversity with BETIC cell. Contact: Dr. Nishant Tikekar.
- G.H. Raisoni College of Engineering, NagpursupportingEngineering institute with BETIC cell. Contact: Dr. Vibha Bora.
- Haffkine Institute of Training, Research & Testing, MumbaimajorMedical institute partner. Contact: Dr. Nishigandha Naik.
- B.K.L. Walwalkar Rural Hospital, Dervan, ChiplunsupportingRural hospital partner in Maharashtra. Contact: Dr. Suvarna Patil.
- P.D. Hinduja Hospital and Medical Research Centre, MumbaisupportingHospital partner for clinical validation. Contact: Dr. Manish Agarwal.
- B. J. Wadia Hospital for Children, ParelsupportingPediatric hospital partner. Contacts: Dr. Alaric Aroojis, Dr. Rujuta Mehta.
- Jaslok Hospital and Research Centre, MumbaisupportingHospital partner. Contact: Dr. Sudheer Ambekar.
Scale indicators15 records
Recent moves11 records
Expansion highlights5 records
BETiC competitors and assessment
Company assessmentDirect peers
- Materialise: Belgium-based global leader in 3D printing for medical applications, including patient-specific implants, surgical guides and anatomical models. Directly comparable to BETIC's PReSurgE service and metal 3D-printed titanium implant workflow.
- 3D Systems: US-based 3D printing company with a dedicated Healthcare segment producing patient-specific surgical guides, anatomical models and metal-printed implants. Closely mirrors BETIC's patient-specific implant manufacturing capabilities.
- Stratasys: Global polymer and metal 3D printing provider with strong healthcare presence in anatomical models and surgical planning. Comparable to BETIC in medical 3D printing technology stack.
Broad incumbents
- Smith+Nephew: Global medical device incumbent with significant orthopedic reconstruction and sports medicine franchises. Comparable in target customers (reconstruction surgeons) and orthopedic implant focus, though at vastly larger scale.
- Johnson & Johnson MedTech (DePuy Synthes): Broad orthopedic and surgical solutions incumbent including patient-specific 3D-printed implants via DePuy Synthes. Overlaps with BETIC's reconstruction surgery and custom implant offering as part of a much larger portfolio.
- Stryker: Large diversified orthopedic and medical device company with broad portfolio including 3D-printed titanium implants (e.g., Tritanium). Indirectly competes in BETIC's core patient-specific implant space while serving a much wider portfolio of orthopedic and surgical products.
Emerging players
- Concept Medical: India-based medical device innovator focused on novel drug-delivery and interventional devices. Comparable as an emerging Indian med-tech player addressing unmet clinical needs through indigenous R&D.
- Trivitron Healthcare: India-based medical device manufacturer spanning imaging, in-vitro diagnostics, and surgical equipment. Comparable as an Indian-focused medical device ecosystem player addressing affordable healthcare, though without BETIC's R&D hub model.
- Sahajanand Medical Technologies: India-based medical device company specializing in cardiovascular implants that has scaled from domestic R&D roots into global markets. Relevant benchmark for an India-origin medical device venture.
Others
- EOS GmbH: German supplier of industrial metal and polymer additive manufacturing systems including the DMLS platform that BETIC uses for titanium implants. An enabling technology partner rather than a direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
BETiC social profiles
Digital presenceBETiC compliance and trust
Trust signalCompliance3 records
BETiC financial estimates
Financial estimateRevenue estimate
Valuation estimate
BETiC leadership team
Management profileNumber of profiles
Profiles7 records
BETiC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BETiC M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BETiC
What does BETiC do?
BETiC (Biomedical Engineering and Technology Innovation Centre) is a multi-institution translational R&D network at IIT Bombay that delivers end-to-end medical device innovation services spanning clinical need curation, product engineering, rapid prototyping, pilot manufacturing, and regulatory-compliant device testing under an ISO 13485 certified quality management system. Its flagship commercial offering is the PReSurgE portal, which lets reconstruction surgeons upload CT/MRI scans and order patient-specific 3D-printed bone models, osteotomy guides/jigs, and Ti6Al4V ELI titanium alloy implants manufactured via metal additive manufacturing.
Is BETiC a public or private company?
BETiC is a private company. It is classified as state government owned and is currently operating.
When was BETiC founded?
BETiC was founded in 2014. It employs 11 to 50 people.
Where is BETiC based?
BETiC is headquartered in Mumbai, India, in the Asia region.
How does BETiC make money?
Three revenue lines are on record. Licensing and Technology Transfer is the primary driver. The others are medical Device Development Services and patient-Specific Implants and Surgical Guides.
Who are BETiC's main competitors?
Direct peers on record are Materialise, 3D Systems and Stratasys. Broad incumbents are Smith+Nephew, Johnson & Johnson MedTech (DePuy Synthes) and Stryker. Emerging players are Concept Medical, Trivitron Healthcare and Sahajanand Medical Technologies. EOS GmbH is listed as an others.
Does BETiC have an API?
No public API is recorded for BETiC.
What industry is BETiC in?
BETiC's product category is Medical Device R&D and Patient-Specific Implants. Its primary akta.pro industry code is HLAHAEAL, Surgical Navigation, Robotics & Patient-Matched Instrumentation (Ortho/Spine). Its NAICS code is 339113 and its SIC code is 3842.