As part of this collaboration, BFI will support IIT Kanpur in promoting entrepreneurship initiatives through the Startup Incubation and Innovation Center (SIIC), IIT Kanpur.

According to an official release, a Memorandum of Understanding (MoU) was signed at IIT Kanpur with Prof. Signed by Kantesh Balani, Dean of Resources and Alumni (DORA), II Kanpur; and Dr. Gaurav Singh, CEO BFI.

As part of this programme, BFI pledged to allocate over $150,000 over three years to develop a program specifically tailored for healthcare-focused startups at IIT Kanpur's Startup Incubation and Innovation Center (SIIC) Is.

This collaboration leverages IIT Kanpur's established leadership in fostering entrepreneurship and BFI's commitment to advancing biomedical research. By combining these strengths, the partnership aims to develop impactful solutions that address critical gaps in India's healthcare landscape.Professor Kantesh Balani, DORA, IIT Kanpur said, “I am very optimistic about the partnership between IIT Kanpur and BFI. This MoU will help us effectively share knowledge supporting startups and improve our capacity building efforts "

Dr. Gaurav Singh, CEO, BFI, said, “It was incredibly inspiring to meet the IIT Kanpur incubates. His immense energy and unwavering dedication towards health care innovation is truly awe-inspiring. IIT Kanpur's exceptional support for these entrepreneurs aligns perfectly with our shared mission to accelerate impactful solutions in biomedical research.Through diverse initiatives such as biomedical research and innovation, district full-stack partnerships, process-driven funding programs, we are proactively addressing critical gaps in India's healthcare landscape.

This partnership between IITK and BFI marks an important step in driving healthcare innovation in India. By bringing together diverse experts and resources, this collaboration holds immense potential for improving public health and ensuring equitable and accessible health care for all.