Tag: BIRAC

IAN & BIRAC come together to nurture bio-tech start-ups

Indian Angel Network (IAN), the world’s largest angel network, on August 8 said it has signed a memorandum of understanding (MoU) with Biotechnology Industry Research Assistance Council (BIRAC) to invest into biotechnology startups and bring the ecosystem together to promote biotech industry in I…

Govt plans to set up 7 new research parks to bolster R&D for start-ups

Prime Minister Narendra Modi unveiled the “Startup India, Stand Up India” in January 2016. The initiative had a slew of measures aimed at simplifying compliance, exempting profits from start-ups for the first three years, and rolling out an action plan for boosting innovation and entr…

Govt. to sell low-cost medical kits

The government is ready to market several low-cost medical innovations, including home kits for measuring blood glucose, hemoglobin levels and real-time diagnosis of malaria and dengue, which have been developed by the Department of Biotechnology (DBT) in association with start-ups supported by t…