D2C brand Kapiva launches Rs 50 crore fund to support R&D in Ayurveda

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Healthcare brand Kapiva launched a Rs 50 crore fund on Wednesday to support research and innovation in Ayurveda.

The fund is open for proposals from today, and will back projects across academia, labs, and startups that focus on ayurvedic research, product development, technology like AI in ayurveda, and more.

The cheque size for early stage research will be about Rs 50 lakh and between Rs 4-6 crore for late-stage research, the company’s founder Ameve Sharma told ET.

“Many Ph. D. scholars are looking to innovate and many startups want to build…



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D2C brand Kapiva launches Rs 50 crore fund to support R&D in Ayurveda



Healthcare brand Kapiva launched a Rs 50 crore fund on Wednesday to support research and innovation in Ayurveda.

The fund is open for proposals from today, and will back projects across academia, labs, and startups that focus on ayurvedic research, product development, technology like AI in ayurveda, and more.

The cheque size for early stage research will be about Rs 50 lakh and between Rs 4-6 crore for late-stage research, the company’s founder Ameve Sharma told ET.

“Many Ph. D. scholars are looking to innovate and many startups want to build…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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