Patent Portfolio

Three patent filings protecting the core innovations of SIU BehaveNeu™ technology.

IN 202321048271
Granted
Method and System for Real-Time Cognitive State Detection Using Multi-Channel EEG and Hybrid Deep Learning Architecture
Inventors: Patil A.K., Kulkarni M., Sharma R.

Claims an LSTM-CNN pipeline for classifying attention, stress, cognitive load, and fatigue from 8-channel EEG signals with >90% accuracy, optimized for edge deployment.

Filing Year
2023
Assignee
SIU & Nexactly AI Solutions
IN 202421009562
Pending
EEG-Based Neurofeedback Delivery System with Adaptive Protocol Adjustment Using Reinforcement Learning
Inventors: Kulkarni M., Patil A.K., Shah P.

Covers a neurofeedback system that autonomously adapts protocol parameters (frequency band targets, feedback modality, session duration) based on individual response using RL algorithms.

Filing Year
2024
Assignee
SIU & Nexactly AI Solutions
IN 202421035871
Pending
Non-Invasive Brain-Computer Interface Device with Dry Electrode Array and Artifact-Resistant Signal Conditioning Circuit
Inventors: Desai A., Patil A.K., Joshi V.

Hardware patent covering the NeuroBand's dry electrode design, 24-bit ADC signal chain, adaptive noise cancellation circuit, and low-power BLE integration for medical-grade wearables.

Filing Year
2024
Assignee
SIU

CDSCO MD-13 Approval

SIU BehaveNeu™ NeuroBand has received regulatory clearance from the Central Drugs Standard Control Organisation (CDSCO) under the Medical Devices Rules, 2017 (MD-13) as a Class B medical device — a landmark achievement for Indian neurotechnology.

This approval validates the safety and efficacy of our EEG acquisition hardware and neurofeedback software for clinical use across India's healthcare system.

Device Class Class B (Medium Risk Medical Device)
Registration No. MD-13/CDSCO/2024/BN-001
Approval Date January 2024
Valid Until December 2027 (renewable)
Scope EEG acquisition, Neurofeedback delivery
Next Milestone CE Mark (EU MDR) — Q4 2026

CDSCO MD-13

Regulatory approval for clinical-grade EEG neurotechnology device — making SIU BehaveNeu™ one of the first indigenous BCI products approved for healthcare use in India.

Approved Class B Device

Global Regulatory Roadmap
🇮🇳 CDSCO (India) Approved
🇪🇺 CE Mark (EU MDR) Q4 2026
🇺🇸 FDA 510(k) 2027 Target

Technology Transfer & Commercialization

A Technology Transfer Agreement (TTA) was signed between Symbiosis International University and Nexactly AI Solutions Pvt. Ltd. in March 2024, enabling the commercialization of SIU BehaveNeu™ technology developed at SIT's Biomedical Engineering Lab.

Agreement Highlights
  • Exclusive commercial license for NeuroBand hardware design & EEG firmware
  • Non-exclusive license for LSTM-CNN model architecture & training pipeline
  • Revenue sharing: 15% royalty to SIU on product sales
  • Continued research partnership with SIT faculty and Ph.D. program
  • Joint IP ownership of future innovations developed collaboratively
Commercialization Roadmap
Q1 2024
TTA Signed Completed

Technology transfer from SIU to Nexactly; CDSCO approval received.

Q3 2024
NeuroBand 2.0 Launch Completed

Consumer-grade NeuroBand with 16-channel EEG and redesigned app.

Q1 2025
Market Entry Completed

Distribution agreements with 10 hospitals and 3 corporate wellness chains.

Q3 2025
Series A Funding In Progress

Target ₹10Cr Series A from healthcare-focused VCs.

Q1 2026
International Expansion Planned

CE Mark obtained; SAARC region market entry with regional distribution.

2027
Global Scale Planned

FDA 510(k) clearance; US & EU market launch; B2B SaaS institutional model.

Awards & Recognition

Best Innovation Award
SIU Technology Summit 2024 — Best Biomedical Technology Innovation
Symbiosis International University · 2024
MedTech Startup of the Year
Maharashtra Innovation Hub — Health Tech Category
Government of Maharashtra · 2024
Gandhian Young Technological Innovation Award
GYTI Award Finalist — SRISTI Initiative, IIM Ahmedabad
SRISTI / IIM-A · 2023
Best Paper Award
IEEE NER 2023 Conference — SIU BehaveNeu Platform Paper
IEEE · 2023
NASSCOM Top 20 DeepTech Startup
Selected among Top 20 DeepTech startups by NASSCOM
NASSCOM India · 2024

Funding Milestones

DST-NIMAT Grant
₹25 Lakhs
2022

Technology development seed grant from Department of Science & Technology, National Initiative for Management of Ageing & Technology.

BIRAC BIG Grant
₹50 Lakhs
2023

Biotechnology Industry Research Assistance Council (BIRAC) BIG grant for clinical validation and prototype development.

SIU Innovation Fund
₹15 Lakhs
2023

Internal SIU Innovation & Incubation Centre grant for lab infrastructure and team building.

Angel Investors
₹80 Lakhs
2024

Pre-Seed round from healthcare angel investors for commercialization, manufacturing scale-up, and market entry.

Series A (Target)
₹10 Crores
2025

Targeting healthcare-focused VCs for product scale-up, international regulatory clearance, and market expansion.