National News

Biotech Investment Platform

September 10 , 2026 7 hrs 0 min 21 0

Union Minister Jitendra Singh launched BIO-NIVESH in New Delhi to connect biotechnology startups with investors.
The platform aims to increase private investment in biotechnology innovations ready for scale-up and commercialisation.
The first edition brought together 20 biotechnology and deep-tech startups and around 50 investors.
The Research, Development and Innovation (RDI) Fund has an outlay of ₹1 lakh crore, with Biotechnology Industry Research Assistance Council (BIRAC) as a Second-Level Fund Manager for biotechnology and allied sectors.
The initiative is planned as a recurring platform, with future editions proposed in different cities to strengthen regional biotechnology ecosystems.