BIRAC Biotechnology Innovation Fund - AcE (Accelerating Entrepreneurs)
Status not published
Continuous: approach an AcE Fund Partner directly.
Fund of funds: BIRAC invests in SEBI-registered Category I/II AIFs (AcE Fund Partners), which commit 2x BIRAC's contribution into biotech startups and SMEs. Per the Startup India Schemes Playbook (June 2026), ticket size is up to INR 7 crore with up to INR 3.5 crore follow-on per startup. Startups apply through an AcE Fund Partner.
public · national
Deadline: Open all year — Continuous: approach an AcE Fund Partner directly.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
Who can apply
- Sectors: health, agri, deeptech
- Stage: seed, Series A and growth
- R&D activity required
- Locally registered entity required
Biotech startups and SMEs (healthcare, life sciences, pharma, biopharma, medtech, diagnostics, industrial biotech, agritech, bio-IT) pitch to an AcE Fund Partner such as Indian Angel Network, GVFL, Kitven, Bharat Innovation Fund, Ankur Capital, Endiya, Rajasthan Venture Capital Fund, NABVENTURES, Ideaspring or Alkemi.
How to apply
- Choose an AcE Fund Partner from the BIRAC AcE page and pitch to them. — link
- The partner AIF decides on investment; BIRAC co-invests through the fund.
Related reading: How grant deadlines actually work · DPIIT recognition for Indian startups, explained
Source. https://birac.nic.in/aceFund.php
"The Daughter Funds commit to invest in the Biotech startups & SMEs 2x of BIRAC’s committed investment in the Funds."
Last checked against the official page on 5 October 2026
Source: birac.nic.in
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