India’s bio-economy to reach USD 100 billion by 2025, according to BIRAC at the Women Entrepreneurship Summit 2019 hosted by TiE Delhi-NCR

New Delhi, September 06, 2019: Hosted by TiE Delhi-NCR, Women Entrepreneurship Summit: New Horizons 2019 effectively facilitated significant knowledge-sharing panels on new ideas, lifestyle businesses, funding dilemmas. This was followed by the role of BIRAC in enabling women to become entrepreneurs in biotech and technology, among other sessions. With this, TiE Delhi-NCR aimed to provide an interactive platform for women leaders of diverse genres to guide, empower and accelerate the growth of next-generation women entrepreneurs in India.

Dr Manish Diwan, Head - Strategic Partnership & Entrepreneurship at New Horizons by TiE Delhi-NCRDevelopment, BIRAC
Dr Manish Diwan, Head – Strategic Partnership & Entrepreneurship at New Horizons by TiE Delhi-NCRDevelopment, BIRAC

Addressing the session on Biotech Women Entrepreneurs and the role of BIRAC in enabling them, Dr Manish Diwan, Head of Strategic Partnership & Entrepreneurship Development, BIRAC, said, “Among all our beneficiaries, the 60 + women founders that we facilitate have shown excellent aptitude to transform chances into value. Federal agencies such as BIRAC act as enablers, facilitators and incubators for budding start-ups. Our objective is also to encourage the next batch of biotech entrepreneurs to see their venture not as a nice-to-have option but as a genuine vision.”

“India’s bio-economy stood at USD 50 billion in 2018. Biotech innovations, along with the sincere efforts of all stakeholders, can unlock the unlimited potential of this space, enabling it to reach USD 100 billion by 2025,” he added.

Upon receiving the WomENABLER Award, Sairee Chahal, Founder & CEO of Sheroes, said, “I have been a part of the TiE family for a long time and it is a great honour for me to be named one of the WomENABLERs for the year 2019. I envision to build a space where a hundred million women and more can be part of the ecosystem. That’s how you’re creating a USD 5 trillion economy.

Sairee Chahal, Founder & CEO, Sheroes at New Horizons by TiE Delhi-NCR
Sairee Chahal, Founder & CEO, Sheroes at New Horizons by TiE Delhi-NCR

Speaking at the event, Geetika Dayal, Executive Director –TiE Delhi-NCR, said, “The idea behind the Women Entrepreneurship Summit is to celebrate the accomplishments of highfliers’ women in entrepreneurship while accelerating the aspirations of emerging women innovators through an interactive platform. This is in line with the TiE Delhi-NCR’s overarching mission of providing mentoring, networking and funding opportunities for budding entrepreneurs across the nation.

Geetika Dayal, Executive Director, TiE Delhi-NCR at New Horizons
Geetika Dayal, Executive Director, TiE Delhi-NCR at New Horizons

Dr Anita Gupta, Director / Scientist and Associate Head, NSTEDB, Science and Engineering Department, Government of India, Indra Sood, Leadership & HR Professional, Sopaan, and Anuradha Das Mathur, Founder & Dean, Vedica Scholars Program for Women and Managing Director, CFO Collective; Founder & Director, 9.9 Group have been presented with the WomENABLER Award, recognizing women leaders in this ecosystem.

Most Popular

More from Author

Read Now

Union Budget 2023-24: What It Means for the Future of the Automotive Sector?

Union Budget 2023-24: A Post-Budget Perspective on the Indian Automotive Sector.

Business Leaders Give Thumbs Up to Union Budget 2023’s Growth-Focused Provisions

Understand the impact of the Union Budget 2023-24 on the Indian economy through the eyes of business leaders and why they are optimistic about its potential.

SBICAPS opens new office in Bengaluru, to focus on infrastructure, defence and start-ups

BENGALURU, India | 1st February 2023: SBI Capital Markets Limited (SBICAPS), a wholly owned subsidiary and investment banking arm of State Bank of India (SBI) on Monday announced the opening of its office in Bengaluru. Inaugurated by Shri Dinesh Khara, Chairman, SBI, in the presence of Shri Swaminathan J, Managing Director (CB...

Vedanta Aluminium Raises USD 250 Mn in Sustainability Linked Loans

New Delhi, Delhi, India | 1st February 2023: Vedanta Aluminium, India’s largest producer of aluminium, has raised USD 250 million through Sustainability Linked Loans (SLL) from leading international banks, for financing its capex initiatives and reducing carbon footprint. The loans were granted on the basis of specific performance parameters...

Dr. Stephen Kahane Joins Suki’s Board of Directors to Elevate Voice AI in Healthcare

Voice AI Technology for Healthcare Gets a Boost with Dr. Kahane on Suki's Board.

TrekNomads Foundation and Suriya Foundation Distributed Free Blankets across Bengaluru in Collaboration with Bruhat Bengaluru Mahanagara Palike

Bengaluru, Karnataka, India | 1st February 2023: TrekNomads Foundation and the Suriya Foundation distributed over 400 blankets to the needy across Bengaluru. Flag off event was held at the BBMP head office on January 30, 2023. BBMP Chief Commissioner Sri Tushar Giri Nath, IAS, handed over few blankets to the...

Union Budget 2023-24: Post-Budget Reaction Quotes – Indian Entrepreneurs Share Their Thoughts

As the Indian government announces its 2023-24 budget, industry leaders and experts have been weighing in on the impact it will have on the Indian economy. This post will bring you the most prominent post-budget reaction quotes from these key figures, giving us a deeper understanding of...

FUJIFILM India Unveils New Compact Ultrasonic Probe System at BRONCHUS 2023

FUJIFILM India expands endoscopy solutions portfolio with new compact ultrasonic probe system at BRONCHUS 2023.