Kapiva Launches ₹50-Crore Innovation Fund

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.