Take Solutions Launches Rs. 50 Million Innovation Fund
ECONOMY & POLICY

Take Solutions Launches Rs. 50 Million Innovation Fund

Take Solutions Limited has launched an Innovation Fund with an initial corpus of Rs. 50 million to invest in startups converging AI, deep technology and the health and wellness sector. The fund will target early and growth stage companies that leverage data, artificial intelligence and scientific innovation to transform diagnostics, delivery and health outcomes. The company said the move represents a strategic pivot towards next generation technology led business models and long term shareholder value creation.

The Innovation Fund will provide capital and strategic support including domain expertise, global networks and go to market access to accelerate commercialisation and scalability. The fund will prioritise investments in AI led diagnostics, longevity and bio convergence, digital health platforms and technology infrastructure that enhance efficiency and compliance. The approach is designed to reduce time to market and increase the probability of success for portfolio companies by combining capital with operational capabilities.

The company highlighted India's expanding health and wellness market projected to grow to $400 to $500 billion over the next decade, driven by rising digital adoption, healthcare awareness and increasing life expectancy. It noted chronic diseases account for nearly 60 per cent of deaths and that extending healthspan creates opportunities in predictive analytics, precision medicine and digital therapeutics. Take.Health, an AI driven platform recently launched by the company, aims to convert everyday lifestyle and medical data into personalised actionable insights for consumer and enterprise segments.

The investment thesis is anchored in the convergence of biology and technology and seeks long term, high impact outcomes while generating sustainable financial returns. The fund will leverage the company's expertise in life sciences and supply chain management, institutional partnerships across clinical and regulatory networks, and established go to market channels to support portfolio commercialisation. With disciplined deployment and execution capabilities, the company expects the initiative to strengthen its position in innovation led sectors and participate in the evolving technology driven economy.

Take Solutions Limited has launched an Innovation Fund with an initial corpus of Rs. 50 million to invest in startups converging AI, deep technology and the health and wellness sector. The fund will target early and growth stage companies that leverage data, artificial intelligence and scientific innovation to transform diagnostics, delivery and health outcomes. The company said the move represents a strategic pivot towards next generation technology led business models and long term shareholder value creation. The Innovation Fund will provide capital and strategic support including domain expertise, global networks and go to market access to accelerate commercialisation and scalability. The fund will prioritise investments in AI led diagnostics, longevity and bio convergence, digital health platforms and technology infrastructure that enhance efficiency and compliance. The approach is designed to reduce time to market and increase the probability of success for portfolio companies by combining capital with operational capabilities. The company highlighted India's expanding health and wellness market projected to grow to $400 to $500 billion over the next decade, driven by rising digital adoption, healthcare awareness and increasing life expectancy. It noted chronic diseases account for nearly 60 per cent of deaths and that extending healthspan creates opportunities in predictive analytics, precision medicine and digital therapeutics. Take.Health, an AI driven platform recently launched by the company, aims to convert everyday lifestyle and medical data into personalised actionable insights for consumer and enterprise segments. The investment thesis is anchored in the convergence of biology and technology and seeks long term, high impact outcomes while generating sustainable financial returns. The fund will leverage the company's expertise in life sciences and supply chain management, institutional partnerships across clinical and regulatory networks, and established go to market channels to support portfolio commercialisation. With disciplined deployment and execution capabilities, the company expects the initiative to strengthen its position in innovation led sectors and participate in the evolving technology driven economy.

Next Story
Infrastructure Transport

Government Plans Rs 450 bn Rail Investment Along Borders

The government plans to invest Rs 450 bn to upgrade railways along borders with China, Pakistan and Bangladesh, the press release said. The programme will run over 18 to 24 months and will finance new tracks, platforms and network strengthening across Punjab, West Bengal, Himachal Pradesh, Rajasthan, Assam and several northeastern states. That is about $4.7 bn. Officials indicated the initiative represents nearly 22 per cent of all railway infrastructure outlay planned over the next two years and is among the most significant strategic infrastructure pushes in recent years. The plan extends be..

Next Story
Infrastructure Transport

Indian Railways Approves Daily Express Between Mumbai CSMT And Sawantwadi Road

Indian Railways has approved a new daily express service between Chhatrapati Shivaji Maharaj Terminus (CSMT), Mumbai, and Sawantwadi Road to boost rail connectivity across Maharashtra and the Konkan region. The service will operate over a 510-km route and will run daily as Train No. 15087 CSMT–Sawantwadi Road Express and Train No. 15088 Sawantwadi Road–CSMT Express. It is intended to provide direct and reliable rail connectivity for passengers travelling for tourism, education, employment and business. The Ministry of Railways said the move forms part of ongoing efforts to expand passenger..

Next Story
Infrastructure Urban

SECR Invites Rs 4550.2 mn EPC Tender For Chhattisgarh Line

South East Central Railway (SECR) has invited bids for an engineering, procurement and construction (EPC) contract worth Rs 4550.2 mn for a section of the Dallirajhara-Rowghat-Jagdalpur New Railway Line in Chhattisgarh. The contract covers a nearly 30 km stretch between Kurkanar and Bhanpuri and forms part of the larger corridor linking the mineral-rich Bastar region with the state rail network. The authority has positioned the package as a key link to improve passenger and freight movement within the region. Tender documents carry tender number CAO-C-BSP-26-27-14 and an earnest money deposit ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement