Union Minister Dr. Jitendra Singh holds joint Round table with StartUps and Investors; Launches BIO-NIVESH to Catalyse Investment and Scale-Up of Biotechnology Innovations in India

Union Minister Dr. Jitendra Singh launched 'BIO-NIVESH', a strategic platform designed to bridge biotechnology innovation, entrepreneurship, and the investment community to catalyse private capital into biotechnology innovations in India. The inaugural edition convened 20 biotechnology and deep-tech startups alongside approximately 50 investors. Highlighting that innovation and investment must go hand in hand, the Minister noted that the initiative aims to prevent India from being a late entrant in the upcoming biotechnology-driven industrial revolution. He also highlighted the Research, Development and Innovation (RDI) Fund with an outlay of ₹1 lakh crore, under which BIRAC serves as a Second-Level Fund Manager for biotechnology and allied sectors.