India, Oct. 16 -- image credit- freepik

India's leading biotech research and innovation organisation, Bengaluru-based Centre for Cellular and Molecular Platforms (C-CAMP) has been selected as one of five RDI Fund's Focus Research Organisations or FROs with a declared funding allocation of RS 500 crore by the Govt. of India towards investment in India's deeptech innovation sector.

C-CAMP will collaborate with its private partners and investors to build a total consortium funding of Rs 1000 crore+ for supporting India's most transformative deeptech life sciences startups that can create impact in India and beyond.

As the only dedicated biotech organisation in the list of 19 Second Level Fund Managers [SLFMs] announced by the Govt. of Ind...