IIT Alumni Council to raise ₹700 crore for vaccine initiative
Council is in the process of appointing investment bankers for next funding
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Council is in the process of appointing investment bankers for next funding
The IIT Alumni Council-founded Megalab on Tuesday announced plans to manufacture 200 million doses per month of indigenous fourth generation vaccines, which will compete directly with global players in the world market.The Mumbai-based Megalab, ...
URL copied Image Source : PTI (FILE) Ayurveda-based Covid vaccine could soon become a reality; IIT Alumni Council secures Rs 300 crore funding The IIT Alumni Council-founded Megalab has secured a Rs 300-crore seed funding and is developing a two-dose Ayurveda-based coronavirus vaccine that can stop the spread of the deadly virus and prevent infection within a few days of the first dose. The city-based Megalab, set up last April by the council to drive the fight against the pandemic with ideas and money, will also be importing available vaccines from the West...