MedTherapy Biotech’s Post

Bio-manufacturing - making products using biological systems as living factories or by using biological resources, rich in carbon atoms - is not everyone’s cup of tea. Abundant bio-resources, such as agricultural residues and municipal organic wastes, are notoriously unpredictable and often variable. Biological systems - such as yeast used in fermenters - can be notoriously sensitive to operating and environmental factors. But, compared to traditional chemical process driven manufacturing, bio-manufacturing promises to be relatively benign from an environmental impact standpoint and extremely precise in terms of selectivity. Bio-processes generate less waste, use milder process conditions and typically require less energy than chemical alternatives. Events like Global Bio India are harbingers of this transition. Remarkably well attended and superbly organised, with an impressive exhibition of offerings from corporates, small and medium enterprises, Startups, government agencies and facilitating organisations from all over the world, it underscored India’s commitment to being a serious player on the world bio-manufacturing stage.

Why are foreign investors losing out in Biotech? Because organizations like DBT BIRAC are already nurturing India’s early-stage #biotech startups! 🌱 While attending Global Bio India india 2024 at Pragati Maidan, New Delhi (12-14 September 2024), I observed how Biotechnology Industry Research Assistance Council (BIRAC) and other government-backed organizations are providing substantial support to early-stage startups. This proactive nurturing accelerates their growth, making them less dependent on external funding at the early stages. While Indian private investors are actively participating and supporting these startups, foreign investors have a unique window of opportunity. BIRAC's support and the rapid advancement of these startups mean that the time for foreign investors to engage is now. By waiting, they risk missing out on prime early-stage investments, as these startups are advancing quickly and might become less accessible or more competitive. The event showcased India’s booming biotech and healthcare ecosystem, highlighting its rapid rise as a global leader in innovation. With a mega international congregation of stakeholders—regulatory bodies, ministries, SMEs, large industries, bioclusters, research institutes, investors, and startups—Global Bio-India 2024 demonstrated the vibrant opportunities within India’s biotech sector. For foreign investors, now is the critical moment to seize these opportunities before they evolve further. The future of biotech in India is bright, and acting now is key to capturing significant growth and high returns. Last but not the least Kudos to the showman Mr. Jitendra Kumar and his team at DBT BIRAC for their admirable efforts and successfully organising the Global Bio India 2024. Looking forward to the 2025 version with much more Innovations and excitement. ➡️ #GlobalBioIndia2024 #biotechnology #BIRAC #IndiaBioTech #startups #healthcareinnovation #innovation #foreign #investment #researchanddevelopment #opportunity #bio #india

#Update BioCompute Inc, a DNA-based data storage start-up, won India's largest non-equity climate entrepreneurship grant worth INR 3.1 million at SusCrunch 2024, organized by The Sustainability Mafia . The grant, offered jointly by PIEDS : Pilani Innovation & Entrepreneurship Development Society, BITS Pilani (PIEDS) and SusMafia, aims to position the start-up at the forefront of combating climate change globally. Priya Shah, General Partner of Theia Ventures, highlighted their goal to catalyze USD 100 million in investments into Indian climate tech start-ups by 2030. The summit also featured pitches from 10 other promising, investment-ready climate action start-ups in India, poised for significant growth through large-scale implementations of their solutions. Read the story: https://ow.ly/SZjS50SmXPz Kuldeep Jain, Founder and MD, CleanMax #BioCompute #DNAStorage #SusCrunch2024 #SustainabilityMafia #PIEDS #SusMafia #TheiaVentures #ClimateEntrepreneurship #ClimateTech #ClimateAction

Meet the two researchers turned founders of the Start-up RangBio Solutions - Revathi Ravishankar & Ravi Ramanathan who are developing sustainable biocolors. The grant funding by Research and Innovation Circle of Hyderabad through the Startup India Seed Fund Scheme comes at a time aligning with the vision from the Govt. in promoting biomanufacturing and biotechnology in India. Department of Biotechnology has recently launched the BioE3 (Biotechnology for Economy, Environment, and Employment) Policy at the Global Bio India 2024. The policy is part of India’s broader vision to strengthen its bioeconomy by promoting sustainable practices in biotechnology, aligning with global sustainability goals, and addressing pressing environmental and economic challenges. In essence, the BioE3 Policy creates an enabling environment for innovations like RangBio Solutions by encouraging sustainable, bio-based alternatives to traditional industrial practices. By aligning with the policy’s goals of sustainability, efficiency, and employment creation, solutions like microbial biocolors can contribute significantly to India's bioeconomic growth while ensuring environmental protection. Wishing all the best to the Start-up for their endeavours. Ajit Rangnekar | Rashmi (Rohini) Pimpale | Dr. Sushmitha Sundar | Srinivas Cherla More about the policy can be viewed at - https://lnkd.in/gCMKK4yW

The exponential growth in India's bio-startups to ~6000 in just a decade signals not only the #innovation and entrepreneurial spirit but also offers a diverse array of investment prospects in the #biotech sector. Be a part of India's biotech success story: https://lnkd.in/f4dPheh #InvestIndia #InvestInIndia #biotech #startups #biotechnology #Biostartups Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

The exponential growth in India's bio-startups to ~6000 in just a decade signals not only the #innovation and entrepreneurial spirit but also offers a diverse array of investment prospects in the #biotech sector. Be a part of India's biotech success story: https://lnkd.in/f4dPheh #InvestIndia #InvestInIndia #biotech #startups #biotechnology #Biostartups Department for Promotion of Industry and Internal Trade Ministry of Commerce and Industry, Government of India NITI Aayog

Witnessing the silent solidarity of hundreds of farmers as they stood by a young man bidding for his family's farm was a powerful reminder of the deep-rooted values of community and resilience in agriculture. This heartwarming gesture underscores the vital role of Agritech and Cleantech industries in our global landscape, where innovation and sustainability are paramount. Seize the opportunity to propel your Cleantech or Agritech venture to new heights in the thriving Indian market! The Australian Government warmly invites you to express your interest in the India Tech Export Catalyst program. Tailored specifically for startups, scale-ups, and SMEs like yours, this immersive 6-week online initiative promises to equip you with the tools and insights needed to navigate and succeed in one of the world's most dynamic economies. Express your interest today! Whether you're a budding startup or an established SME in Cleantech or Agritech, join us on this transformative journey. https://hubs.li/Q02lTGjF0 Don't miss out on this exclusive opportunity to make your mark on the global stage! Australian Trade and Investment Commission (Austrade) #TechExportCatalyst #Agritech #Cleantech #IndiaOpportunity

Achieve years worth of networking in one day with the entire Biotech Ecosystem!!! Grab The Opportunity!! Tag your favourite Biotech Stakeholders. #biobusiness #biotech #event #GlobalBio #BioBusiness #Biotech2024 #LifeSciences #InnovationInBiotech #HealthcareInnovation #BiotechEvents #GlobalBiotech #BioIndustry #BiotechUSA #BioEurope #BiotechAsia #BiotechAfrica #GlobalBioIndia

Indian biotech startups made a significant mark at Global Bio India 2024, unveiling 11 pioneering products with the potential to transform India’s biotech ecosystem. The developments reflect the immense potential of the sector in driving transformative solutions across healthcare and technology. BioAngels is proud to represent and support this vibrant community driving advancements in healthcare and technology. Read more: https://lnkd.in/dfK4-Q-W #GlobalBioIndia2024 #BiotechInnovation #BioAngels #StartupEcosystem

I attended the Biotech Startup Expo 2022, an event dedicated to showcasing “Biotech Startup Innovations: Towards Aatmanirbhar Bharat” Organized at India Trade Promotion Organisation (ITPO), Pragati Maidan, New Delhi on 10 June 2022. Here's a glimpse of my experience: 1.⁠ ⁠Explored innovative biotech solutions showcased by 75 successful startups supported by BIRAC. 2.⁠ ⁠Engaged in B2B meetings and interactions with industry leaders, investors, and mentors. 3.⁠ ⁠Attended insightful pitching sessions by mature biotech startups across various sub-sectors. 4.⁠ ⁠Gained valuable insights on the growth trajectory and future opportunities in India's biotech sector. In the expo, I: - Witnessed the promotion of biotech startup innovations aimed at fostering self-reliance (Aatmanirbhar Bharat). - Explored stalls featuring packed food, organic decorative candles, and essential oil extracts. - Encountered multiple stalls showcasing organically grown millets, vegetables, and cost-effective medical devices. To read more about my expo visits, visit: https://lnkd.in/gwyyHWi4 #Expo #BiotechnologyStudent #Biotech #NIET #SatyamPandey