BIRAC

News and Trends

India's Life Sciences Startups Secure USD 1.9 Bn in Five Years: Report

Among key findings, 2022 emerged as a standout year with a record USD 749 million invested—nearly 40% of the five-year total. However, funding saw a dip to USD 269 million in 2024, indicating a cautious investor sentiment amid global economic headwinds.

News and Trends

Pune-based BioPrime Raises USD 6 Mn for Crop Protection Innovations

The Series A funding was led by Belgium's Edaphon, marking its first Asian investment. Omnivore, Inflexor Ventures, and government bodies like BIRAC and DBT also supported the round.

News and Trends

Narendra Modi Inaugurates Biotech Startup Expo 2022

Prime minister said the country's first biotech startup expo is a reflection of the expansive growth of the biotech sector in the country which is also been considered as the land of opportunities in the biotech sector