7 months ago

Kapiva Launches ₹50-Crore Innovation Fund

Kapiva Launches ₹50-Crore Innovation Fund
Wellness startup Kapiva launches ₹50-crore innovation fund, to invest in 15-30 startups · thehindubusinessline.com

Kapiva, a wellness company, has started a big fund called the Kapiva Innovation Fund.

They will use this ₹50 crore fund to help 15-30 startups over the next 3-4 years.

These startups will work on Ayurvedic science, which is a traditional Indian medicine system.

The goal is to create new health solutions that are tested and proven to work.

Kapiva wants to build a strong system where Ayurvedic products are developed and tested like modern medicines.

They will support projects from universities, labs, and startups.

The initial investments will range from ₹50 lakh to ₹2 crore, and they might invest more in the best projects.

Kapiva's founder and their innovation leader believe this fund will help bring Ayurvedic science to more people.

Key facts

Fund Name
Kapiva Innovation Fund (KIF)
Fund Size
₹50 crore
Investment Period
3-4 years
Number of Investments
15-30 startups
Initial Investment Range
₹50 lakh to ₹2 crore
Focus Areas
Ayurvedic science, R&D, clinically validated solutions
Founder
Ameve Sharma
Chief Innovation Officer
Dr. R. Govindarajan

Quotes

Ameve Sharma

Founder of Kapiva

“We are expecting this to be around a three-to-four-year deployment. The funnel will be larger, probably in the next year or two. There’ll be maybe about 20 to 30 investments that we do, ranging anywhere from ₹50 lakh to ₹2 crore. But the real doubling down will happen after that.”
thehindubusinessline.com
“This fund is a long-term bet on that future. By investing up to ₹50 crore in research, collaborations and new technologies, Kapiva wants to help build an ecosystem where Ayurvedic products are developed and tested like modern medicine.”
thehindubusinessline.com

Dr. R. Govindarajan

Chief Innovation Officer, Kapiva

“If Ayurveda has to sit at the same table as modern medicine, it must be tested with the same discipline. Through the Kapiva Innovation Fund, we want to open that ecosystem to researchers, clinicians, and entrepreneurs, share our infrastructure and mentor high-quality projects, so that robust Ayurvedic science can move from paper to products and reach millions of people.”
thehindubusinessline.com

Sources

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