Research and Innovation Circle of Hyderabad announces accelerator for diagnostics start-ups
February 08, 2021
× The Research and Innovation Circle of Hyderabad (RICH), represented by research and development, and academic institutes in the public and private sectors, has announced an exclusive acceleration programme for start-ups in the diagnostics space.
Called Acceleration Initiative for Diagnostics (AID), the programme plans to handhold start-ups in the niche area.
Start-ups, entrepreneurs, researchers and academic institutions in the diagnostics sector are can apply to join the accelerator, with a proof of concept, by February 17.
“We would like to help diagnostic start-ups tap their potential. We are inviting applications for the AID programme,” said Ajit Rangnekar, Director-General of RICH. “The diagnostics services industry in the country is expected to grow at a compound annual growth rate of about 16 per cent, exceeding ₹1-lakh crore by 2022..