Greater Noida | 18 August 2026

The First Uttar Pradesh Startup Clinic was successfully held on 18 August 2026 at the Government Institute of Medical Sciences (GIMS), Greater Noida, bringing together nearly 40 healthcare, MedTech and HealthTech startups and innovators from across Uttar Pradesh.

Organized by the Centre for Medical Innovation (CMI), GIMS, in collaboration with Alkemi Growth Capital, under StartInUP, Government of Uttar Pradesh, the initiative also witnessed participation from STPI, MedTech Centre of Excellence, Lucknow, and UP Promote Pharma Council.

The Startup Clinic was designed to bring critical components of healthcare entrepreneurship onto a single platform, including clinical validation, investment readiness, regulatory preparedness, incubation, funding and scale-up.

Uttar Pradesh Has Significant Potential in Medical Device Innovation

The programme was attended by Shri Alok Kumar, IAS, Principal Secretary, IT & Electronics, Government of Uttar Pradesh, as the Chief Guest.

Addressing the gathering, Shri Alok Kumar highlighted the rapid growth of Uttar Pradesh’s startup and technology ecosystem and emphasized the state’s potential to emerge as a significant hub for medical device design and manufacturing.

With its growing technology ecosystem, talent pool, industrial capabilities and expanding healthcare infrastructure, Uttar Pradesh has several of the building blocks required to develop a strong medical technology ecosystem.

He also appreciated GIMS for creating a platform that connects healthcare innovation, clinical capabilities and investment, while welcoming Alkemi Growth Capital’s efforts to help startups become investment-ready and access institutional capital.

GIMS CMI Brings Doctors, Engineers and Management Together

Dr. (Brig.) Rakesh Gupta, Director, GIMS, highlighted the distinctive role of the Centre for Medical Innovation (CMI) in developing a hospital-based healthcare innovation ecosystem.

CMI is envisioned not simply as an incubation centre, but as an ecosystem that brings together three critical capabilities: doctors who understand clinical needs, engineers who develop technological solutions, and management professionals who contribute business, market and commercialization expertise.

This multidisciplinary approach can help transform real-world clinical challenges into scalable healthcare solutions.

The broader objective is to create an integrated pathway:

Clinical Need → Innovation → Prototype → Clinical Validation → Regulatory Readiness → Investment → Scale-up

“Alkemi’s Presence at GIMS Can Open New Doors to Funding”

Dr. Rahul Singh, CEO, Centre for Medical Innovation (CMI), GIMS, Greater Noida, described the programme as an important milestone for GIMS and Uttar Pradesh’s healthcare startup ecosystem.

He emphasized that the presence of Alkemi Growth Capital at GIMS represents an opportunity for innovators to understand institutional investment expectations and prepare their ventures for the next stage of growth.

“Alkemi Growth Capital coming to GIMS and working directly with our startups on Investment Readiness is a special moment for us. This is not merely a workshop; it is the beginning of opening new doors to institutional investment and funding for our innovators.”

According to Dr. Singh, the objective is to support startups addressing genuine healthcare challenges and help them progress from clinical validation and regulatory readiness to funding and scale-up.

He also highlighted the importance of connecting startups with government grants, funding schemes and institutional opportunities available to innovators.

Alkemi Growth Capital Conducts Investment Readiness Workshop

A key highlight of the Startup Clinic was the two-hour Investment Readiness Workshop conducted by Ms. Alka Goel, Founding Partner, Alkemi Funds.

The session focused on helping startup founders understand how institutional investors evaluate healthcare businesses and what companies need to demonstrate before approaching growth capital investors.

Key areas discussed included:

Business model and revenue potential
Market opportunity and scalability
Product value proposition
Team strength and execution capabilities
Financial discipline
Business sustainability
Institutional fundraising
Investor expectations and investment readiness

The workshop went beyond the question of simply raising capital. It focused on helping founders build companies that are scalable, sustainable and investment-worthy.

For participating startups, the interaction offered an opportunity to gain direct insights into the expectations of growth capital investors and understand the steps required to prepare their businesses for institutional funding.

STPI and MedTech Centre of Excellence Participate

The programme also featured Dr. Vandana Srivastava, Director, STPI-Noida and CEO, MedTech Centre of Excellence, STPI Lucknow, as a distinguished speaker.

She shared perspectives on medical technology innovation, technology entrepreneurship and institutional collaboration, emphasizing the importance of connecting innovation with industry and healthcare delivery to enable solutions to move from development to real-world application.

Dr. Sandeep Sharma, General Manager, Innovation & Research, UP Promote Pharma Council, also participated in the programme and highlighted the importance of institutional support for healthcare, pharmaceutical and innovation-driven enterprises.

Hospital-Based Incubation Model Receives Appreciation

As part of the Startup Clinic, participating startups and distinguished guests visited the Centre for Medical Innovation and its hospital-based incubation facilities at GIMS.

The hospital-based model attracted particular interest as it provides innovators with direct access to clinicians, real-world clinical challenges and the healthcare delivery environment.

Such proximity can enable startups to develop and refine solutions based on actual patient and hospital requirements rather than relying solely on theoretical or laboratory-based assumptions.

The model also creates opportunities for closer interaction between healthcare professionals, technology developers and entrepreneurs throughout the innovation journey.

CDSCO–GIMS Regulatory Clinic Addresses Medical Device and IVD Challenges

The second half of the programme featured the CDSCO–GIMS Regulatory Clinic, held from 3:00 PM to 4:30 PM and focused on Medical Devices and In-Vitro Diagnostics (IVD).

Healthcare and MedTech startups raised questions around regulatory approvals, testing, compliance, certification, validation and market entry.

Experts from the Central Drugs Standard Control Organisation (CDSCO) addressed the queries and provided guidance on applicable regulatory pathways and compliance requirements.

The session reinforced an important principle for healthcare innovation: technological innovation must progress alongside patient safety, clinical validation and regulatory compliance before products can reach the market and ultimately patients.

Bridging Funding Opportunities with Investment Readiness

One of the key takeaways from the Startup Clinic was that healthcare startups require more than technology and incubation to succeed.

They also need access to appropriate capital, regulatory expertise, clinical validation and commercialization support at different stages of their journey.

Uttar Pradesh has an expanding ecosystem of government schemes, grants, institutional support, incubation programmes and private investment opportunities.

CMI aims to help promising innovators identify and connect with these opportunities while improving their preparedness to access funding.

The collaboration with Alkemi Growth Capital adds another important dimension by helping founders understand institutional investor expectations and prepare their companies for private capital.

A New Model for Uttar Pradesh’s Healthcare Startup Ecosystem

The First Uttar Pradesh Startup Clinic brought together multiple stakeholders of the healthcare innovation ecosystem:

Doctors + Engineers + Management + Incubation + Regulators + Investors

The integrated approach seeks to ensure that startups do not remain limited to the early incubation stage but receive support across their broader entrepreneurial journey.

The envisioned pathway is:

Clinical Need → Technology Development → Clinical Validation → Regulatory Readiness → Government Funding → Private Investment → Scale-up

With its clinical infrastructure, hospital-based incubation capabilities and focus on medical innovation, GIMS can play an important role in strengthening the healthcare startup ecosystem in Uttar Pradesh.

The initiative also reflects the growing importance of hospital-based innovation, where clinical institutions can become not only centres of healthcare delivery but also platforms for identifying problems, testing solutions and enabling entrepreneurship.

From Clinical Need to Investment and Scale

The successful completion of the First Uttar Pradesh Startup Clinic marks...

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