Ventures
Kedar Medhi talks with a participant at a start-up conference

Jul 19, 2018

New fund supports innovation in India

Estimated reading time: 1 minute

Share on social media

  • https://www.philips.com.gh/healthcare/innovation/philips-ventures/news/new-fund-supports-innovation-india Link copied

Contact

Philips contributes to $100 million funding for the Bharat Innovation Fund

 

The Bharat Innovation Fund (BIF) — an early-stage deep-tech and IP focused venture fund — announced it has closed its first $100 million fund with participation from marquee institutional investors, such as Philips and other corporations, banks and insurers.

 

The goal of the fund is to help convert early-stage start-ups in India into important, competitive companies and global leaders. India’s entrepreneurs are already producing IP-driven innovations using artificial intelligence, machine learning and the Internet of Things in healthcare, biotech, energy and other fields. BIF will help provide these innovative start-ups with capital, access to market, strategic inputs and partnerships.

Related insights

Want to become a start-up partner with Philips Ventures?

Contact information

* This field is mandatory

*
*
*
*
*

*
*
*
 
Changing healthcare

Together, we’re changing healthcare

Philips Ventures champions innovative start-ups with breakthrough solutions.

You are about to visit a Philips global content page

Continue

You are about to visit a Philips global content page

Continue

Our site can best be viewed with the latest version of Microsoft Edge, Google Chrome or Firefox.