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150
(INR CR)Fund Corpus BIRAC/DBT
10
Number of Daughter funds
300
(INR CR)Investment commitment for Biotech startups
65
Number of Startups supported
733.53
(INR CR)Investment done in Biotech startups
(Last updated on: Oct 2022)
“Fund of Funds - AcE” fosters R&D and innovation in Biotechnology domains by plugging the funding gap encountered by the biotech startups during their ‘product development cycle’ and ‘growth phase’. AcE Fund invests and partners with SEBI- registered Category I and II AIFs, which are professionally managed and keen to invest in biotech sector. The Daughter Funds commit to invest in the Biotech startups & SMEs 2x of BIRAC’s committed investment in the Funds.
Biotech sub–sectors include Healthcare, Life Sciences, Pharma, Biopharma, Med-tech, Diagnostics, Industrial-Biotech, Agri-tech, Bio-IT/Services and allied areas.
Startups can avail BIRAC AcE Fund through any of the following AcE Fund Partners
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Last Updated: 20 April, 2023
