Herbalife India Launches Phyto Innovation Accelerator with IIT Madras to Advance India's Plant Biotechnology Ecosystem
PR Newswire•15/10/2026•06:24 ET
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Key Highlights
- ➤Herbalife and IIT Madras launch three-year Phyto Innovation Accelerator Programme
- ➤Up to three startups annually receive infrastructure, mentorship, and proof-of-concept support
- ➤Phytothon challenges and hackathons occur every six months
- ➤Programme targets plant biotechnology, nutraceuticals, and sustainable biomanufacturing innovations
- ➤Herbalife (HLF) expands India research collaboration through plant cell fermentation technology
Expert Statements
Ajay Khanna, Managing Director, Herbalife International India Pvt. Ltd.
“Innovation in health and wellness increasingly depends on strong collaboration between academia and industry. Through the Herbalife–IIT Madras Phyto Innovation Accelerator Programme, we aim to create an environment where promising scientific ideas can access the expertise, infrastructure and industry perspectives needed to progress beyond the laboratory. We hope the programme will help nurture the next generation of innovators while contributing to India's growing leadership in biotechnology, sustainable innovation and health-focused research”
Smita Srivastava, Faculty Coordinator of the programme and Head, HL-IITM CoE PCFT, IIT Madras
“At IIT Madras, we believe that translating research into real-world impact requires strong collaboration across academia, industry and entrepreneurial ecosystem. The Phyto Innovation Accelerator Programme represents an important step towards creating a platform that enables scientific discoveries to evolve into real-world applications. By bringing together talent, technology, infrastructure and mentorship, this initiative will help foster innovation and strengthen India's capabilities in plant based biomanufacturing.”
Herbalife India Launches Phyto Innovation Accelerator with IIT Madras to Advance India's Plant Biotechnology Ecosystem PR Newswire
Industry-academia initiative inaugurated by Union Minister Shri Pralhad Joshi to support innovation, entrepreneurship and global research collaboration
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