New Delhi [India], September 12: Chanakya University hosted the Chanakya Convergence Forum (CCF), an academia-industry engagement series, on September 10, 2026 at Accel LaunchPad, Koramangala.

The inaugural edition brought together leaders and practitioners from India’s space technology ecosystem for an evening of knowledge sharing and networking around the future of India’s space economy.

Themed “India’s Space Economy & The Next Decade,” the Forum opened with a keynote address from Dr. S. Somanath, Chancellor, Chanakya University and Former Chairman, ISRO, who spoke on the need for sustained investment in space research and allied sectors for national development. He urged industry partners to collaborate with Chanakya on R&D so that future innovators in the field get hands-on training.

This was followed by a panel discussion, “Who Will Build India’s Space-Tech Future?”, featuring Sri Prashanth Prakash, Partner at Accel India, Sri Suyash Singh, Co-founder of GalaxEye Space, and Prof. Duvvuri Subrahmanyam, IISc. Sri Prashanth Prakash noted that India’s private space-tech sector is still in its early days and has exciting days ahead, Sri Suyash Singh spoke on the need for greater innovation and policy support, and Prof. Duvvuri Subrahmanyam expressed confidence in closer academia-industry alignment for space research.

The Forum felicitated Prof. P.A. Ramakrishna from IIT Madras, Dr. V. R. Lalithambika from ISRO, Sri Suyash Singh from GalaxEye Space, and Prof. Duvvuri Subrahmanyam from IISc for their outstanding contributions to the growth of the space sector in India.

Sri Mohandas Pai, Chairman, Aarin Capital, also addressed the gathering, speaking on the need to invest further in infrastructure and RCD for India’s economy. He urged young people in the audience to dream big, build startups and create jobs, and while being candid about gaps in policy, reform and governance, closed on an optimistic note about India’s path to becoming a developed nation.

At the event, Prof. S. Sadagopan, Founding Director, IIIT-B launched the Centre for Technology Development and Consultancy (CTDC), through which the University will work directly with industry and startups to develop, test and deploy technology solutions. CTDC’s mandate spans technology co-development, IP and research commercialisation, industry consultancy, executive education and incubation support for young innovators.

The University also launched the Chanakya SpaceTech Fellowship (2026–27), an industry-academia initiative placing young researchers on industry problems sponsored by industry partners. Fellows will work across domains including satellite communications, earth observation, space robotics, radar signal processing, hyperspectral imaging and space debris tracking. Prof. H. S. Subramanya, Pro-Vice Chancellor of Chanakya University invited companies to join Chanakya through the fellowship along with research collaboration on other high-tech sectors such as mobility, pharma and devices, and artificial intelligence.

The Forum saw participation from space-tech companies including Nibe Industries, Collins Aerospace, GalaxEye Space and EtherealIX, alongside venture capital firms such as 3One4 Capital, Momentum Capital, Pratithi and the Kris Gopalakrishnan Family Office, offering a platform for founders, investors and researchers to connect. Other prominent guests included entrepreneur Sri Madan Padaki, Sri Umakant Soni from Bharat1.AI, Smt. Malini Goyal from UnboxingBlr, Prof. Aloke Kumar from IISc, and many more.

Pro-Chancellor Sri M.P. Kumar delivered the closing remarks, describing the CCF as the institution’s step toward integrating industry with academia and reaffirming Chanakya’s commitment to building a culture of industry-aligned research and curriculum.

The Chanakya Convergence Forum is a flagship platform bringing together leaders and thinkers to engage with questions that matter and ideas that can shape the future, with each edition centred on a theme at the intersection of industry, research, entrepreneurship and institutions.

Dr. Mohamed A.A, MD, Bangalore Bioinnovation Centre and Prof Theo Farrell, VC La Trobe University, Australia post signing of MOU at the Victoria Connect event in Bangalore.

Bangalore 20th September 2024 – Australia’s La Trobe University and the Bangalore Bioinnovation Centre (BBC) based in the Indian state of Karnataka will establish a Bio Innovation Corridor paving the way for the sharing of skills, infrastructure and capabilities, under a Memorandum of Understanding (MOU) signed today.

La Trobe University is ranked in the top one per cent of the world’s universities. It has a proud and successful history in India, partnering with tertiary institutions and organisations on projects that benefit both countries and helping develop India’s brightest minds through joint education opportunities.

The Bangalore Bioinnovation Centre is jointly established by the Department of IT, BT and S&T, Government of Karnataka, and the Department of Biotechnology (DBT), Government of India, and is aimed at nurturing innovation and entrepreneurship within the biotechnology sector.

The Bio Innovation Corridor will enable entrepreneurs, startup companies, researchers and investors from Karnataka and the Australian state of Victoria to enter and leverage the infrastructure, capabilities and network of the organisations to collaborate and evaluate their Technology Readiness Level (TRL), Commercialization Readiness Level (CRL), and Manufacturing Readiness Level (MRL).

It will enable portfolio companies of BBC and researchers of La Trobe to pilot novel biotechnologies with applications across human health, medical, food and agritech for scale-up, regulatory approvals and customer testing in the two states.

Dr. Mohamed Adil A.A, Managing Director of Bangalore Bioinnovation Centre, said BBC encourages interdisciplinary advancement in research and innovation towards entrepreneurship by generating work, wealth and welfare and enabling the community by creating employers than employees.

He said: “The Bio Innovation Corridor between Karnataka and Victoria is a strategic partnership that will foster market access, mentorship, collaboration, and investment in the life sciences sector. By connecting researchers, entrepreneurs, and industry leaders from both regions, they aim to accelerate innovation leading to global unicorns.”

La Trobe University Vice-Chancellor Professor Theo Farrell said: “We are very pleased to announce the creation of this Bio Innovation Corridor between Karnataka and Victoria, and to offer the skills, infrastructure and capabilities of La Trobe University to startups, entrepreneurs and researchers associated with the Bangalore Bioinnovation Centre.

“La Trobe University has a vision to develop an ecosystem of research and innovation through co-location opportunities, including at our University City of the Future at our Melbourne campus in Bundoora and our four Victorian regional campuses.

“This demonstrates our keenness to open opportunities for Karnataka-based entrepreneurs and startups to establish their R&D, innovation, product development and commercialisation facilities in conjunction with La Trobe through a range of innovative business partnership models for access to the Australian market.”

Professor Farrell said La Trobe had recently launched a purpose-built Bio Innovation Hub that will help startup companies develop new technologies in med tech and drug delivery.

The MOU was signed by Prof Farrell and Dr. Mohamed Adil during the Victoria Connect event being organised in Bangalore on 19 September 2024 and as part of showcasing the opportunities between Victoria and Karnataka in the higher education and value-adding technology sectors. 

Contact:

Dr. Mohamed A.A, Managing Director, Bangalore Bioinnovation Centre (+91 9710520522)

Ms. Amruta P Jogalekar, Manager – Corporate & International Relations, Bangalore Bioinnovation Centre (+91 9108560763) www.bioinnovationcentre.com

Amit Malhotra

Megan Fisher, Pro Vice-Chancellor, Industry Engagement, La Trobe University (+61 9479 2070)

Sid Jain, Director of Precinct Development & Operations, La Trobe University (+61 408 764 036)

Bio-Innovation-Hub-April-24-WEB-.pdf (latrobe.edu.au)

About Bangalore Bioinnovation Centre (BBC)                                                                    

Located in Bangalore, Karnataka, often referred to as the “Silicon Valley of India”. BBC strives to cultivate an environment conducive to biotech innovators, startups, and researchers. The rapid growth and success of the Bangalore Bioinnovation Centre (BBC) since its establishment in 2016 highlight its effectiveness as a hub for biotech startups in India. Its strategic focus on supporting innovation across various domains of life sciences, including Healthcare, MedTech, Pharmaceutical, Agriculture, food, and nutrition, Industrial biotechnology, Integrated Veterinary, Bio-IT, Bio-Electronics, Blue economy, sustainability, clean and climate tech underscores its role in addressing critical challenges and driving progress in these areas. BBC provides cutting-edge infrastructure, specialised equipment, mentorship, networking opportunities, and funding support to biotech startups and entrepreneurs. Additionally, BBC fosters collaborations among academia, industry, and government bodies to drive innovation and commercialisation in the biotechnology sector. BBC plays a crucial role in nurturing the growth of biotech startups, accelerating the development of new biotech products and technologies, and contributing to the overall growth of the biotechnology ecosystem in India and the globe. We strive to create an ecosystem for startups from Karnataka to the globe and the globe to Karnataka.

About La Trobe University

For more than 50 years, La Trobe University has been transforming people and societies. Located in Melbourne, Australia, the University works collaboratively across disciplines and with partners to develop fresh ways of thinking and conducting research – constantly seeking new ways to engage with and better serve its partners and communities, to build relationships and develop solutions for the issues facing society. Along with holding its top 300 ranking in Times Higher Education’s World University Rankings 2024, La Trobe earned the prestigious ‘Most Improved – Oceania Award’ in the QS World University Rankings 2025, rising 183 places over the past five years to claim its new spot at 217 of the 1,500 universities evaluated. Read more about La Trobe here.

La Trobe University media enquiries

Charisse Ede

c.ede@latrobe.edu.au, 0404030698, media@latrobe.edu.au