There is a renewed interest in the field of yoga and wellness applications. The covid 19 pandemic has heralded the onset of virtual yoga classes, developing props, smart mats, AI driven applications for assessing stress and relaxation and wellness solutions around yoga and various other therapies of late.
The global market size of yoga was $80 billion in 2017 and is expected to grow at a CAGR of 13% over the next 8 years to reach $216 billion in 2025.
The STARTUP YOGA CHALLENGE CONTEST by the Ministry of Ayush, in partnership with Startup India and Invest India, is envisaged to invite startups and individuals who have developed products (devices or software applications or both) related to yoga to track the treatment delivery and outcome trajectory over time and will provide valuable health related information about these interventions.
The main objectives of the start up challenge in yoga and wellness applications will be to identify and nurture key talent and innovators in this sector and develop smart novel products in this area.
Problem Statement 1
Develop devices/ bioinstrumentation that measure stress and relaxation response which can be used to measure yoga outcomes and such devices can be used as an accessory while practicing yoga.
Problem Statement 2
Develop IT solutions/ applications and platforms that use AI/ ML innovations with respect to delivery of yoga interventions and measuring the correctness of postures, breathing, meditative states, adherence to practice etc
Problem Statement 3
Develop props, accessories and apparel that increase comfort and help in the ease of practice of yoga.
Awards:-
2 prizes in each Problem Statement (Total 6 prizes) –
1. Rs 1,00,000/- (1st Prize) with citation
2. Rs 50,000/- (2nd Prize) with citation
Deadline:- 30-06-2022