Summary
It helps turn laboratory discoveries into medicines and other useful products.
The first gathering had 20 young biotech companies and around 50 investors.
Key Points
4 points1
Union Minister Jitendra Singh launched the platform.
2
BIO‑NIVESH aims to bring private money to science projects.
3
It encourages big biotech companies to grow and help smaller ones.
4
A special fund of one lakh crore rupees supports long‑term research.
New Words to Learn
12 wordsbiotechnology
using tiny living things to make things like medicines.
startup
a brand‑new small business that wants to grow fast.
investor
a person or group that gives money to help a business succeed.
commercialisation
changing a lab idea into something you can buy.
scale‑up
making a small project big enough for many customers.
ecosystem
all the companies, researchers and helpers that work together.
anchor company
a large, strong company that supports others.
regulatory
official rules that keep products safe for people.
patient capital
money that stays invested for many years while a project develops.
RDI Fund
a huge government money pool for research, development and new ideas.
BIRAC
a government agency that helps biotech businesses get funding.
deep‑tech
very advanced scientific and engineering projects.
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