BIRAC announces three RDI-Fund beneficiaries for Rs 450 Cr+ at Bharat Innovates 2026

Three termsheets worth Rs 450 crore + from BIRAC-RDI Fund were announced for the following first set of beneficiaries in the presence of Sudhir Sethi, Founder and Chairman, Chiratae Ventures; Strategic Advisory Committee member, BIRAC-RDIF, at Bharat Innovates 2026, held in France, from 14th to 16th June 2026-

Fermbox Bio- for establishment of a Large-Scale Precision Fermentation Biomanufacturing Facility with 400 KL fermenter capacity to produce Made-in-India Cellulosic Enzymes for 2G ethanol production and Active Dried Distiller’s Yeast for 1G ethanol.

Sea6 Energy- for Seaweed Feedstock Production using Advanced Ocean AgriTech

Revelations Biotech- for Synthetic Biology driven metabolic engineering of Bacillus subtilis for mass production of vitamin MK-7