₹1,000 Crore Healthcare Investment Platform Alkemi Growth Capital to Launch Uttar Pradesh Startup Clinic at GIMS
- ByStartupStory | August 3, 2026
In a major initiative to strengthen Uttar Pradesh’s healthcare innovation ecosystem, the Centre for Medical Innovation (CMI), Government Institute of Medical Sciences (GIMS), Greater Noida, in collaboration with the MedTech Centre of Excellence (CoE), STPI, will launch the Uttar Pradesh Startup Clinic—a first-of-its-kind platform designed to prepare healthcare startups for clinical validation, regulatory approvals, investment readiness, and commercialization.
The programme is being organised under the StartInUP Initiative of the Department of IT & Electronics, Government of Uttar Pradesh, under the guidance of Shri Alok Kumar, IAS, Principal Secretary, Department of IT & Electronics, Government of Uttar Pradesh.
₹1,000 Crore Healthcare Investment Platform Comes to Uttar Pradesh
The inaugural Startup Clinic will feature Alkemi Growth Capital, a SEBI-registered Category II Alternative Investment Fund (AIF) and one of India’s leading healthcare-focused investment firms. Alkemi manages an approximately ₹1,000 crore healthcare investment platform and focuses on investing in high-growth companies across Healthcare, MedTech, HealthTech, Medical Devices, Diagnostics, Biotechnology, AI, Life Sciences, and Digital Health.
As a late-stage healthcare investor, Alkemi typically invests ₹20 crore to ₹25 crore in companies that have demonstrated strong product-market fit and are ready for scale. Through the Uttar Pradesh Startup Clinic, founders will interact directly with Alkemi’s investment team to understand what institutional investors look for, including clinical validation, regulatory preparedness, governance, commercial traction, and investment readiness.
The objective of the Startup Clinic is to build a strong pipeline of investment-ready startups from Uttar Pradesh, enabling them to raise institutional capital and scale nationally and globally.
Regulatory and Clinical Support Under One Roof
The event will also feature the GIMS Regulatory Clinic, supported by BIRAC, with experts from CDSCO and RAPA (Regulatory Affairs Professionals Association) providing one-to-one guidance on regulatory strategy, quality management systems, product approvals, clinical validation, and commercialization pathways.
Why GIMS?
GIMS has rapidly emerged as one of India’s leading public healthcare innovation ecosystems.
The institute hosts Uttar Pradesh’s first public medical college-based healthcare incubator, has been selected to establish the state’s first BIRAC BioNEST at a government medical college, is a partner in the Stanford Biodesign Programme, and houses an ICMR INTENT Clinical Trial Centre, providing startups with access to clinical research and clinical trial services.
Through its Startup OPD (Innovation Clinic), startups work directly with clinicians to identify unmet clinical needs, validate technologies, improve prototypes, and prepare products for adoption in healthcare settings.
This unique ecosystem integrates clinical mentoring, hospital access, regulatory support, clinical trials, incubation, and investor connect, making GIMS one of the few government medical institutions in India offering comprehensive support for healthcare innovators.
Opportunity for Startups Across Uttar Pradesh
The Uttar Pradesh Startup Clinic invites startups working in Healthcare, MedTech, HealthTech, Biotechnology, AI, Life Sciences, Medical Devices, Diagnostics, and DeepTech.
Applications are invited from:
* Startups registered in Uttar Pradesh.
* Startups with significant operations or innovation activities in Uttar Pradesh, subject to programme eligibility.
* Incubators across Uttar Pradesh wishing to nominate their incubated startups.
Participating incubators will be recognised as ecosystem partners, and their logos will be featured in the programme’s official communication and promotional materials.
Leadership Speaks
Dr. (Brig.) Rakesh Gupta, Director, Government Institute of Medical Sciences (GIMS), Greater Noida, said: “The Uttar Pradesh Startup Clinic is an important initiative to help startups from Uttar Pradesh build globally competitive healthcare technologies, scale their innovations, and connect with leading institutional investors. GIMS is proud to host this landmark initiative and provide an ecosystem where innovation, research, clinical excellence, and entrepreneurship come together to create real impact.”
Dr. Rahul Singh, CEO, Centre for Medical Innovation (CMI), GIMS Greater Noida, said: “The Uttar Pradesh Startup Clinic is a landmark opportunity for healthcare startups from Uttar Pradesh and for startups with significant operations in the state. Bringing Alkemi Growth Capital and its ₹1,000 crore healthcare investment platform to Uttar Pradesh is a significant milestone for our innovation ecosystem. Through this initiative, startups will understand the expectations of late-stage investors and prepare themselves for institutional funding. Combined with GIMS’ strengths in clinical validation, regulatory mentoring, clinical trial support, and incubation, the Startup Clinic will help founders build globally scalable healthcare companies.”
The Uttar Pradesh Startup Clinic aims to create a robust bridge between innovators, hospitals, regulators, investors, academia, and industry, positioning Uttar Pradesh as a preferred destination for healthcare innovation and investment.
For Startup Nominations & Partnerships
Email: startupclinic.uttarpradesh@
Jointly Hosted By
* Centre for Medical Innovation (CMI), Government Institute of Medical Sciences (GIMS), Greater Noida
* MedTech Centre of Excellence (CoE), STPI
Investment Partner
* Alkemi Growth Capital
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