IXP launches Rs 200 Cr fund to support early-stage biotech startups

Quick Summary:

The fund aims to build a portfolio of 20-25 companies that address gaps in services and products across pharmaceuticals, biotechnology, medical technology, speciality chemicals, agrotechnology, and nutraceuticals.

The Hyderabad-based firm’s approach focuses on providing startups with capital, industry expertise, scientific guidance, and operational support to startups.

India’s biotechnology sector has witnessed significant growth over the past decade, driven by advancements in pharmaceuticals, medical technology, agriculture, and industrial biotechnology.

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Article Details

Author / Journalist: Anuj Suvarna

Category: StartupsEconomyBusiness

Markets: India

Topics: Early-stage Industry Startups Biotech Services Fund Support Ventures Biotechnology Companies Medical

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-11 @ 08:20:57 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 26 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 26074913

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

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