Akshaya Shanmugam, a Chennai based entrepreneur listed in Forbes 30 list .
Akshaya Shanmugam, hailing from Chennai, just lately found a place in the ‘Forbes 30 under 30’ list of enterprises and innovators related to the medical care sector. Her company, Lumme Inc., has produced a progressive device that helps people with addictive behaviour, and it was made after placing machine learning, behavioural mindset and wearable technology mutually. This device makes a prediction of a potential relapse when it senses the movements and actions of a person who smokes.
After concluding her schooling at the Chettinad Vidyashram in Chennai, Akshaya has her executive at Sundararajan Anatomist College, accompanied by higher studies in America. In the year 2009, when she was doing her PhD, she was focusing on the introduction of systems that examine and keep an eye on health. During this time period is when she met Abhinav Parate, who was too focusing on a wearables-related thesis. Along with his help and just a little assistance from her professors, she began up her company ‘Lumme‘ with a target to try and solve addiction.
Smokers wear smart wristwatches through their routine, observes and analyses their behaviour as they smoke cigarettes on the confirmed day. It predicts when the cigarette smoker is going to get started on light another cigarette and an alert is delivered six minutes prior to the act.
A Forbes account of hers says that Akshaya has brought up $1.7 million in non-dilutive funding for Lumme, from National Institute of Health.
Corresponding to a Financial survey, Akshaya is also the receiver of the Hluchyj fellowship, Special Tang honour, David Wolf reward, Glass family demonstration award. She has also garnered business scholar award, the Eugene M. Isenberg scholar award for two consecutive years.