BIRAC Research, Development & Innovation Fund (RDIF)
Funds Indian deep-tech biotech startups, SMEs and large industries scaling indigenous manufacturing.
This fund explicitly isn't for incremental improvement: its own framing calls for 'delta change' -- transformative leaps rather than gradual gains -- and for resetting global benchmarks rather than optimising for the Indian market alone. Concrete examples the fund itself cites include AI-engineered enzymes with at least ten times the catalytic performance of existing options and manufacturing capa…
The fund backs deep-tech innovations at TRL 4 and above across biotechnology-linked fields: healthcare and biopharma, agriculture and food systems, climate and environment, industrial and synthetic biology, bioenergy, AI and machine learning, and strategic manufacturing that substitutes imports. It prioritises platform technologies and high-value IP over single products, and indigenous manufacturing that reduces India's reliance on imported reagents, equipment and bioprocessing supplies.
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