Galgotias Innovation Fund: Greater Noida-based Galgotias University has announced the launch of a new dedicated fund. The university said that its Galgotias Innovation Fund (GIF) is aimed at identifying and supporting high-potential startups emerging from the University ecosystem.
The Rs 10 crore Galgotias Innovation Fund is an institutional investment initiative by the university, said a statement.
The existing startup ecosystem at Galgotias University is already vibrant, with founders making a strong mark, the release added.
Galgotias Incubation Centre for Research Innovation Startups & Entrepreneurs (GICRISE) has supported 135 startups so far. Out of this, 30 startups have already started generating revenues.
“This provides a clear evidence of the tangible outcomes being created within the University’s innovation ecosystem,” the release said.
Across its campus, the Galgotias University has established specialised centres spanning supercomputing and advanced AI research, semiconductor research, drone intelligence and simulation, design thinking and augmented reality, electric mobility, embedded systems, data analytics, advanced instrumentation, and 3D printing and systems engineering.
Industry-linked facilities developed with partners such as HP, Intel, Cisco, Tata Technologies, Microchip, Tableau AI, and L&T support hands-on learning and experimentation.
Dhruv Galgotia, Chief Executive Officer of Galgotias University, said that innovation grows fastest when talent, technology, mentorship, and capital work together.
"At Galgotias University, we are creating pathways where students can transform ideas into working products and promising ventures into scalable enterprises. The Galgotias Innovation Fund has been created to accelerate that journey,” he said.
Galgotias Innovation Fund will support ventures across artificial intelligence, health technology, education technology, sustainability, mobility, robotics, fintech, consumer products, advanced manufacturing, and digital services.
Galgotias University is amongst the leading private universities in the country.
