Thursday, 25 February 2021

GINSERV to nurture 18 health & medtech startups with new accelerator programme

18 February 2021 | News

The accelerator programme has been designed with the support of National Science Technology Entrepreneurship Development Board (NSTEDB) and Department of Science and Technology (DST)

Source: PR Newswire

Source: PR Newswire

India's technology business incubator GINSERV launched Gincelerator 2.0 with 18 start-ups. Inaugurating the midlevel health tech, MedTech and edtech start-ups’ take-off stage programme, Meena Nagaraj, Director, Department of Electronics, IT & BT and Managing Director, KITS said, "Karnataka government's policies are aimed at giving access to deep technology. Karnataka makes it happen and that is why seven unicorns were born during difficult period of COVID-19 pandemic.”

Kapil Khandelwal, Managing Partner, Toro Finserv LLP and Director, EquNev Capital Private Limited revealed. "We are biotech power house and Karnataka is most attractive investment destination.”

Gincelerator 2.0 will nurture 18 start-ups from all over India, even though majority of them are from Bengaluru. The accelerator programme has been designed with the support of National Science Technology Entrepreneurship Development Board (NSTEDB) and Department of Science and Technology (DST), Government of India.

Each of the 18 start-ups will be eligible for start-up kit worth Rs 25 lakh. As many as 100 start-ups had submitted applications of which 18 were selected based on various parameters.

Girish Hiremath, COO, GINSERV, said, "GINCELERATOR 2.0 is conceived to accelerate the growth and scale of tech start-ups sustainably stronger and faster by providing access to mentors, industry experts, investors, and pilot access to potential customers. GINSERV being part of the Mysuru-based JSS Group Institutions with its strong presence in education, medical and healthcare space, can unlock huge opportunities for the tech start-ups form these sectors.”

Global INcubation SERVices (GINSERV), is a state-of-the-art Technology Business Incubator (TBI) and was established in 2010 with the vision of nurturing tech start-ups to reach their true potential. GINSERV is a brainchild of JSS Mahavidyapeetha (JSS MVP), Mysore.

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