AIC-MIT ADT Incubator Forum Startup receives Rs 50 L grant for designing India’s first menstrual cup
AIC-MIT ADT Incubator Forum incubate Mr.Pramod Priya Ranjan has been awarded a grant of Rs 50 lakh by the Biotechnology Research Industry Association(BIRAC) for designing an innovative menstrual cup, which also happens to be first such product designed in India.
The grant has been awarded under the 16th edition of a scheme called ‘BIG’( Biotechnolgy Ignition Grant)held in January 2020 while in the list of awardees was announced on August 23,BIG is the largest early-stage Biotech Funding Program in India.
The grant was allocated to the company for purely product development of an Innovative Menstrual Cup on which his team and he was working for over a year now. The startup selected amongst the top 14 finalist the National Innovative Challenges 2020 by Youth Co: Lab supported by United Nations Development (UNDP) and NITI Aayog.
The team members headed by Ranjan included Director of Design Center ,MIT ID Mr. Dhimant Panchal HOD, Transportation Design, MIT ID Mr. Nachiket Thakur and Principal MIT School of Bio-Engineering Dr. Renu Vyas.
Mr.Pramod Ranjan incubated at AIC-MIT ADT Incubator Forum Pune where he has been supported extensively to develop Business and Idea by Dr.Mohit Dubey(CEO-AIC-MIT ADT Incubator Forum).
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