India to share tech, innovation with Ethiopia

A road show and workshop to sensitize Indian start-ups and tech companies to engage with Africa to commercialize their technology-led innovations was held in Hyderabad at T-Hub on 23rd July 2019. The workshopjointly organized by the Federation of Indian Chambers of Commerce & Industry (FICCI) and the Research & Innovation Circle of Hyderabad (RICH). The objective was to introduce Indian entrepreneurs,particularly SMEs, to the India-Ethiopia Innovation & Technology Commercialization Programme (IEITCP – ). The workshop brought together an array of nearly 150 institutions and companies from private and public sectors from Hyderabad (and other parts of Telangana) as also as far asthe state of Tamil Nadu.

RICH signs an MoU with Medtronic Labs

With an endeavour to integrate digital and innovative product technologies for facilitating quality, affordable and accessible healthcare, particularly to underserved communities, RICH partners and inks MoU with Medtronic Labs, a new entity within Medtronic (world’s largest medtech company). RICH and Medtronic Labs will work together on implementing and expanding health screening programs in Telangana ranging from Comprehensive Ear Care to Non-Communicable diseases.

RICH Research and Innovation Circle of Hyderabad signed an MoU with NATIONAL RESEARCH DEVELOPMENT CORPORATION (NRDC)

RICH Research and Innovation Circle of Hyderabad signed an MoU with NATIONAL RESEARCH DEVELOPMENT CORPORATION (NRDC), an Enterprise of DSIR, Ministry of Science & Technology, Govt of India for the promotion, development and commercialisation of research in academia and research institutions across Hyderabad and Telangana and mobilisation of the market scope for transfer of technologies & IP protection management particularly towards Defence Technologies, Medical Technologies, Lifesciences and Agricultural Technologies.

Research and Innovation Circle of Hyderabad - RICH partners with NIPER Hyderabad

Research and Innovation Circle of Hyderabad - RICH partners with NIPER Hyderabad (National Institute of Pharmaceutical Education & Research). The MoU was signed by Dr. Shashi Bala Singh, Director, NIPER Hyderabad and Mr. Ajit Rangnekar, Director General, RICH in presence of the team of RICH and NIPER Hyderabad faculty members. The purpose of this MoU is to encourage innovation and entrepreneurship by identifying, nurturing, incubating and commercializing technologies in pharma research and process innovation.

RICH partners with ALEAP to promote Women Entrepreneurs

The Association of Lady Entrepreneurs of India has signed MoU with RICH. ALEAP is establishing Atal Incubation Centre at the ALEAP industrial estate. RICH will extend support to ALEAP in establishing the incubation centre and also mentor on promotion of women entrepreneurs in selected sectors including food processing, biotechnology, waste management and textiles.

RICH concludes the Cancer Conference and Innovation Challenge successfully

RICH conducted its first-in-the-series of pan-discipline conferences on Aug 21, 2018 at CSIR-IICT Hyderabad. The event aimed to offer a knowledge-sharing and networking platform to researchers, academicians, corporates, hospitals, clinicians, venture capitalists and startups working in the field of cancer. RICH received about 50 applications for the Cancer Innovation Challenge in the areas as diverse as analytics, AI, devices, diagnostics, integrated healthcare management, novel drugs, nutrition, personalized medicine, technology platforms from across India and also US, UK and Germany. An eminent jury of scientists, VCs, academicians, Oncology clinicians selected the 6 best startups: Aindra Systems, CyCa Oncosolutions, Embryyo Technologies, EPR Gene Technologies, Onward Assist, and NanoCare Health Services. These six were invited to present their ideas at the Conference and were awarded a cash prize of INR 2 Lakhs each, sponsored by RICH, Dr. Reddy's Laboratories, Bharat Biotech International Ltd. and Apollo Hospitals. Additionally, researchers from top national institutions doing cutting edge research in cancer were invited to share their latest research which could inform the startups and industry. Scientists/Researchers from Indian Institute of Chemical Technology (IICT), Center for Cellular and Molecular Biology (CCMB), University of Hyderabad (UoH), Dr. Reddy’s Institute of Lifesciences (DRILS), Birla Institute of Technology and Science (BITS Pilani, Hyderabad), Tata Institute of Fundamental Research, Hyderabad (TIFR), L V Prasad Eye Institute (LVPEI), and Apollo Hospitals Educational and Research Foundation (AHERF) presented their research at the conference.

RICH signs MoU with InnovatioCuris

RICH signed an MoU with InnovatioCuris for building a partner ecosystem in healthcare through conferences, training programmes, consulting, innovation challenges and market access programmes.

RICH Cancer Innovation Challenge

Inspired by stories from entrepreneurs and institutions working to transform cancer care around the world, RICH endevours to promote innovative new technologies that have potential to solve diagnostic issues related to cancer care. With this context, we had announced a RICH Cancer Innovation Challenge through which the jury, comprising of eminent industry leaders, scientists and oncologists, has shortlisted top 6 startups which will be showcased and rewarded in a gathering of like minded people on August 21st at CSIR-IICT Auditorium and will be given the option to further develop their ideas with the support of RICH and institutional partners. The event will serve as a community platform to understand the innovations in healthcare and also as a networking platform to engage with key industry representatives, entrepreneurs and healthcare leaders. If interested to join the event, please send an email to

Dow DuPont partners with RICH

Dow DuPont has signed an agreement with RICH on 27th June 2018. Mr. AjitRangnekar, Director General, RICH and Dr. Ranjan Patnaik, Director, DuPont Knowledge Centre exchanged agreement during a brief business development event held at the DuPont Knowledge Centre, Hyderabad on 27th June 2018.

The agreement opens door for RICH to facilitate Dow DuPont in identifying/developing potential agro innovations, facilitate research collaborations with the national and international research organisation and business partnerships. Official of DuPont and Bhubesh Kumar, Director- Food and Agri, RICH were also present during the occasion.

RICH helps PALS to join hand with Nagarjuna Fertilisers

RICH has been extending various support services to PALS Agri e-Connect, which has launched the country’s first ever comprehensive farming platform-KHETHINEXT. The platform enables Farmer Producer Organisations (FPOs) to source quality seeds and other farm inputs at a better price. To enable availability of high quality novel fertilisers and to provide a comprehensive nutrient management solution to the farm beneficiaries, RICH has facilitated business partnership between PALS and Nagarjuna Fertilisers and Chemicals Limited (NFCL). In a brief event held on 29th June 2018 at NFCL’s office, Mr Phanidhar, Founder, PALS e-Connect and Mr A N Reddy, Senior Vice President, NFCL signed the agreement. This partnership enables PALS to provide the complete basket of conventional and speciality plant nutrient products of Nagarjuna to all the FPOs on-boarded on KHETHINEXT and also to promote the unique Pro Rise crop management concept of Nagarjuna Fertilisers among its beneficiaries.

RICH extends its services in Rwanda

After establishing itself as one of the lead organisations promoting agri businesses in the state, RICH has now reached out to Africa through FICCI.

FICCI has been implementing the India Rwanda Innovation Growth Program (IRIGP), under which potential Rwandan companies are identified and business partnerships have been facilitated. Under the program, FICCI has conducted the IRIGP- Business Accelerator and Capacity Building Workshop from 11th to 15th June 2018at Hotel Lemigo, Kigali, Rwanda. 13 Indian companies have participated in the workshop, of which seven are agro-companies. To mentor these Indian agro companies and their Rwandan partners, FICCI has requested RICH to extend its expertise. BhubeshKumar, Director- Food & Agri, RICH has participated in the workshop as subject matter specialist and extended technical and business mentoring services to all the participant companies.

RICH facilitates business partnership between Thanos and Raasta

RICH has facilitated yet another business partnership between Thanos technologies and Raasta Studios.

ThanosTechnologies- one of the drone manufacturing start-up has been mentored by RICH. The company has developed drones which could be used for spraying pesticides and surveying. RICH has facilitated Thanos to sign a partnership agreement with RaastaStudios, Hyderabad on 26th June 2018. This agreement will open opportunities for both the companies to extend spraying services to farmers and to conduct capacity building programs for budding start-ups and students on the drone technologies.

Research and Innovation Circle of Hyderabad signed an MoU with BITS Pilani

Research and Innovation Circle of Hyderabad signed an MoU with BITS Pilani to work with faculty, students & TBI incubatees to bring their research conducted in labs to market & to help scale up initiatives & research projects of the institute. RICH Team led by Mr. Ajit Rangnekar met Prof. G Sundar, Director, BITS Pilani Hyderabad & various departmental heads at the Hyderabad campus.

RICH Cancer Innovation Challenge - 2018

Inspired by stories from entrepreneurs & institutions working to transform cancer care around the world, RICH endevours to promote innovative new technologies that have potential to solve diagnostic issues related to cancer care. The challenge will involve the promotion of prototypes and ideas developed by individuals, companies & institutes.

Last date : 25 June 2018

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RICH facilitates start-ups in commercialising Drones and Satellite Imaging Technologies

RICH, in association with the Corteva Agri Science (Agriculture division of DowDuPont, India) conducted an Interactive Session on Commercialisation of Drones and Satellite Imaging Technologies at Hotel Sheraton. RICH has identified potential start-ups from the Incubators of IIT-H and IIIT-H who presented their innovations to the officials of Corteva during the event. Corteva has expressed keen interest to collaborate with the start-ups in commercialising their products and also co-develop new products. This industrial interaction on commercialisation was well appreciated by the start-ups and requested RICH to organise such events in future.

Bhubesh kumar Director-Food & Agri, RICH (second from left) with the officials of Corteva and the start-ups during the event

Dr Vilas Tonapi, Director, IIMR felicitating the Director General of RICH, Shri Ajit Rangnekar at the Nutricereal Conclave-2018 to recognise the knowledge support extended by RICH.

IIMR partners with RICH to launch nutrihub business incubator

The Indian Institute of Millets Research (IIMR) organised the Nutricereal Conclave-2018. As the knowledge partner, RICH has extended all support in the successful conduct of the conclave and the launch of nutrihub incubator. Shri Jayesh RanjanPrincipal Secretary, Department of Industries & Commerce, Government of Telangana officially launched the country’s first ever millet based business incubator- the “nutrihub” and addressed the gathering. He appealed the entrepreneurs to avail the facilities and services extended by nutrihub and the benefits of start-up promotion schemes of the Government of Telangana. The Director General of RICH, Shri Ajit Rangnekar while delivering his special address, noted the requirement of studying the nutritional aspects of millets and also insisted on the need for establishing large scale millet processing units which can cater to the millet food market worth of 1000 crores.

The Displaying Futures Award 2018

Submit your innovation for the Displaying Futures Award from February 5 to April 15, 2018.This year's award focuses on smart medical devices. Tell us all about your innovations in the areas of wearables, electronic implants and beyond and why you deserve to win the Displaying Futures Award 2018!

Apply here and Win!

If you want to know more, check our information brochure or simply contact us at

RobotiX to record weather in ICRISAT

RICH facilitated its incubatee company-eXabit Systems to reach-out to the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT).

eXabit has developed the most compact and versatile weather station (IOT device) called RobotiX. Weighing two kilograms and two and half feet, RobotiX records twelve weather parameters continuously and gives a dash board which could be viewed through a mobile app.

Taking the technology to the next level, i-hub of ICRISAT has committed to provide research support to eXabit in improving the performance of RobotiX and also generate weather models. Further it is planned to use this IOT device to study the sensitivity of different moisture sensors and develop an efficient sensor for measuring soil moisture. The weather models to be developed using RobotiX will also be used in forecasting pest and disease outbreak. The Director General of ICRISAT, Dr David Bergvinson, while mentoring Mr Satyageet, CEO of eXabit systems has requested to install RobotiX unit at ICRISAT.

RICH ties up with TIFR-Hyderabad

RICH ties up with TIFR-Hyderabad to work with it’s departmental research projects, incubated technologies/products, particularly in areas of Computational Biology & Analytics for commercialization opportunities, skill development activities and to build a collaborative research ecosystem in the city.

RICH gets its first incubatee partner

PALS Global Solutions Pvt. Ltd. is one of the incubatee companies of RICH. PALS has developed the most farmers’ friendly mobile platform called KhethiNEXT. KhethiNEXT enables individual farmers, Farmer Producer Organisations, Farmers Groups/Associations and Self Help Groups to purchase quality inputs and sell their produce online for a better price.

RICH helped PALS in preparing business plan, networked with leading input companies manufacturing Biopesticides, Biofertilisers and Seeds. RICH has also networked PALS with Infina Insure- an Insurance broking company in Mumbai to explore opportunities of extending crop insurance services to farmers registered under KhethiNEXT

On 23rd November 2017, officials of RICH and PALS have signed a MoU and this event makes PALS to become the first incubatee company to become an official partner of RICH.

RICH exchanged MoU with Indian Institute of Millets Research

The Research and Innovation Circle of Hyderabad (RICH) signed a MoU with India’s apex millet research institute- the Indian Institute of Millets Research (IIMR) on 28thOctober 2017. The MoU was exchanged as a part of the “National consultation on millet stakeholders for enhancing their consumption in public funded welfare program and institutions” organized by IIMR at Novotel, Hyderabad. This MoU open opportunities for RICH to extend all support to IIMR in commercializing its technologies and facilitate research projects. RICH is also committed to identify potential entrepreneurs who could be anchored at the NIELAN (Nesting Incubation and Entrepreneurship through Leveraging Agri innovations in Nutricereals) Business Incubator of IIMR.

RICH Co-chairing the startup Teaser Pitch at IKMC conference

Prof. Ajit Rangnekar co-chaired the jury of experts and VCs for the Startup Teaser Pitch by over 40 Startups at the 11th edition of the International Knowledge Millennium Conference, IKMC2017: Startup to Scale up, held on October 29 & 30, 2017 at the Hyderabad International Convention Centre, Hyderabad. The conference deliberated on the paradigms of scaling startup businesses, designing new systems and platforms to embrace scaling, and ways of grooming innovative entrepreneurs to equip them to grow fast and go far

RICH has partnered with the 4th edition of Health 2.0 India Conference

We are excited to announce that Research and Innovation Circle of Hyderabad - RICH has partnered with the 4th edition of Health 2.0 India Conference organized by Health 2.0 and ISB on November 10, 2017, at ISB Hyderabad campus.

Special discounts to RICH's community members!!! Reach out to us for more details visit:

RICH has partnered with 15th edition of BioAsia

BioAsia 2018, is all set to bring together the global industry leaders, researchers, policy makers, innovators, and investors together on one platform discussing the new opportunities and develop strategies to succeed in emerging markets like India. Join us during BioAsia 2018 and contribute to building an ecosystem that rewards all the stakeholders. For details visit:


With an endeavour to facilitate quality, affordable and accessible healthcare to all, RICH partners and inks MoU with Apollo Hospitals Enterprise Limited to promote research partnerships and innovation in healthcare.

RICH inks MOU with Wevio Global Inc

The Research and Innovation Circle of Hyderabad (RICH) signed MOU with a Korean company – Wevio Global Inc., on 26th July. This MOU marks the first international collaboration of RICH in technology commercialization and facilitating businesses between India and Korea.

Through this collaboration, RICH and Wevio are planning to bring innovative Korean technologies in the field of agriculture, medical devices and biotechnology to India. Under this collaboration, Indian entrepreneurs will be introduced to potential business firms in Korea for partnership and promotion. Partnership companies promoted under this collaboration would start the production of new products in India, which will not only bring new products and services but also investments in to the country.

RICH facilitates Material Transfer Agreement (MTA) between IIRR and CCMB

we move on, we will be rolling out some new ideas and technologies that are being developed in the Hyderabad.Among other significant conversations happening with the industry-research stakeholders, we are honored to announce that ‘RICH has facilitated the Material Transfer Agreement (MTA) for testing and commercializing improved Samba Mahsuri developed by IIRR and CCMB

RICH sincerely thanks ShriramBioseed Genetics (A Division of DCM Shriram Consolidated Ltd.) For showing keen interest in commercializing improved rice varieties developed by the National Agricultural Research organizations.

RICH, a unique platform for research institutions, academia & industry launched in Telangana

It is called the Research and Innovation Circle of Hyderabad - RICH in quickspeak. Launched in Hyderabad on Friday, February 24th, this new entity aims to bridge a crucial gap that is holding back many organizations from reaching their full or shall we say, their rich potential.

On road to being put together as a section 8 company but initially supported by the government of Telangana, it is arguably the only such entity in India. Its purpose to provide a platform to connect the wide range of internationally- and nationally-reputed educational and research institutions in Telangana such as the ICRISAT (International Crops Research Institute for the Semi-Arid Tropics), CRIDA (The Central Research Institute for Dryland Agriculture), CCMB (Centre for Cellular and Molecular Biology), IICT (Indian Institute of Chemical Technology), DRDL (Defence Research and Development Laboratory), NIPER (National Institute for Pharmaceutical Education and Research), IIT (Indian Institute of Technology, Hyderabad), BITS (Birla Institute of Technology & Science , Hyderabad), IIIT (International Institute of Information Technology), ISB (Indian School of Business), UoH (University of Hyderabad), OU (Osmania University) with the industrial sector so that the talent available here is harnessed. It will provide a link between research institutes, academia, industry, venture capitalists, angel investors and even incubation funds.

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