
BacAlt Biosciences Secures Rs 18 Crore in Groundbreaking Funding to Redefine Sustainable Ingredients
In a transformative leap for India’s biotech landscape, Bengaluru-based speciality biotech startup BacAlt Biosciences has raised Rs 18 crore (approximately $2 million) in a pre-seed funding round led by Avaana Capital, a venture capital firm renowned for championing deep-tech innovation. The funding round, announced on September 11, 2025, also saw participation from Lubrizol InnoVentures, the…