Updated April 17th, 2024 at 15:07 IST

IIT Kanpur and Blockchain For Impact (BFI) Forge Strategic Alliance to Drive Healthcare Innovations

IIT Kanpur and Blockchain for Impact forged Strategic Partnership to Accelerate Healthcare Innovation in India.

Reported by: Nandini Verma
IIT Kanpur partners with BFI | Image:IIT Kanpur

The Indian Institute of Technology Kanpur (IIT-K) and Blockchain For Impact (BFI) have joined forces under the BFI-Biome Virtual Network Programme to catalyze innovation and progress in India's healthcare sector.

Under this collaborative endeavor, BFI will extend its support to IIT Kanpur in fostering entrepreneurial endeavors through the Startup Incubation & Innovation Centre (SIIC), IIT Kanpur.


A Memorandum of Understanding (MoU) was inked at IIT Kanpur, with Prof. Kantesh Balani, Dean of Resources and Alumni (DoRA), IIT Kanpur, and Dr. Gaurav Singh, CEO BFI, formalizing the partnership.

As part of the initiative, BFI has committed over $150,000 spanning three years to devise tailored programs for healthcare-focused startups at IIT Kanpur's SIIC.


This alliance capitalizes on IIT Kanpur's established leadership in nurturing entrepreneurship and BFI's dedication to advancing biomedical research. By synergizing these capabilities, the collaboration endeavors to craft impactful solutions addressing crucial gaps in India's healthcare domain.

Prof. Kantesh Balani expressed optimism about the partnership, highlighting its potential to facilitate knowledge sharing, bolster startup support, and enhance capacity-building efforts.


Dr. Gaurav Singh lauded the enthusiasm and dedication exhibited by IIT Kanpur's incubatees, emphasizing their profound commitment to healthcare innovation. He underscored BFI's alignment with IIT Kanpur's initiatives, emphasizing their shared goal of expediting impactful biomedical research solutions.

This partnership marks a significant stride in propelling healthcare innovation in India. By pooling diverse expertise and resources, the collaboration holds immense promise in elevating public health standards and ensuring universal access to quality healthcare.


Published April 17th, 2024 at 15:07 IST