DEPARTMENT OF INDUSTRIES AND COMMERCE,
GOVERNMENT OF TELANGANA

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Telangana, the Youngest state, marches ahead as a torchbearer
for the new india of the world.
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Introduction to RICH

 
 

RICH (Research and Innovation Circle of Hyderabad) is an initiative that has been conceived to unlock the national treasure created by the top scientific research institutions in Telangana State and to actively facilitate the process of taking their research to market. This requires new ideas, innovations, technologies, advisors, mentors, funding, and support services, to be brought together seamlessly. 

ajitrangnekar
 
 

Ajit Rangnekar
Director General, RICH

 
 

RICH is the platform that links research institutions, academia, and industry along with venture capitalists, angel investors, and incubators. RICH is initially focussed on three sectors Aerospace, Defence and Sustainability, Food and Agriculture, and Lifesciences.

RICH's impact on Innovation in Telangana

Over 3 years, RICH has supported 97 startups, engaged with 40 corporates and 44 research and academic institutions, 15 international partnerships have been forged, 6 governmental initiatives have started and 8 transformational initiatives have been undertaken.

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Research and Academic Institutions Onboarded
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Business Alliances Forged
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Incubators Onboarded
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Technologies listed available for licensing
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Startups & Entrepreneurs Supported
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Equipment Listed

Services Offered

For Startups:

Startup Evaluation

Scaling Support

Asset / Facility Location

Market Access

Funding Connects

For an Industry :

New Technology Scouting

Problem Solving

Facilitation of Collaboration / Co-Creation

For a Institution :

IP Documentation and Assessment

Need Discovery

Research to Market

Driving Facility Utilization

For a Incubators :

Human Resource Development for Incubation Managers

Screening Tools for Startup Evaluation

For a Government :

Policy Inputs

Industry Mapping

For a NGO's / Society :

Hyderabad City Cluster Initiative in Collaboration with the Office of the Principal Scientific Advisor to Government of India

Meet our DG

 
 
 

Ajit Rangnekar is the Director General of Research and Innovation Circle of Hyderabad, a Telangana Government initiative to take Innovation in Agriculture, Health and Sustainability to Market. He retired as the Dean of Indian School of Business, where too he espoused Entrepreneurship and Innovation in socially important sectors. He has been a member of many global committees and advises Boards of Foundations and Social Ventures.

Prior to ISB, he was in HongKong for over twenty years, primarily with Price Waterhouse Consulting, handling various roles including Country Head, first of PW and then of PwC Consulting practice, and East Asia Head of PwC Telecomm practice and of Learning and Development.

He is a graduate of IIT, Bombay, and did his post graduation in Management from IIM, Ahmedabad. He runs the Hyderabad chapter of Social Venture Partners, an organisation which provides pro bono advice to NGOs to scale up their impact.

ajitrangnekar
 

Ajit Rangnekar
Director General, RICH

Focus Sectors

 
 

Aerospace and Defence

 
 

Food and Agriculture

 
 

Life Sciences & Pharma

Social Media

testimonials

A short video on the journey of Research and Innovation Circle of Hyderabad (RICH)

In the News

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Address:

Invest Telangana Cell,
Industries & Commerce (I&C) Department,
5th Floor, BRKR Bhavan, Hyderabad,
Telangana, India.

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