An IIT Hyderabad has developed a portable, cost-effective and IoT-enabled ventilator powered by a lithium-ion battery, which is now available for commercial use, they said on Friday. Telangana and Puducherry Governor T. Soundara – Rajan on Thursday launched a smart ventilator named “JEEVAN LITE”. Each unit costs Rs 4 lakh, while similar imported equipment costs Rs 10-15 lakh per unit.