Jitendra Singh Launches 'BIO-NIVESH' to Channel Private Capital into Biotechnology Startups

4 September 2026National

Union Minister of State (Independent Charge) for Science and Technology Dr. Jitendra Singh launched BIO-NIVESH in New Delhi in September 2026, a strategic platform connecting biotechnology startups with investors to raise private capital for innovations ready for scale-up and commercialisation. Unlike a conventional pitching event, it is designed as a two-way engagement mechanism — helping startups understand investor expectations while giving investors insight into biotechnology's scientific, regulatory and development pathways. The inaugural edition brought together 20 high-potential biotechnology and deep-tech startups and around 50 investors, selected on innovation, development stage, market potential, scalability and regulatory readiness, linking science, capital, industry and markets.

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The Department of Biotechnology (DBT) was established in 1986 under the Ministry of Science and Technology | BIRAC (Biotechnology Industry Research Assistance Council), set up in 2012, is DBT's public sector enterprise supporting biotech startups | Startup India was launched on 16 January 2016

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