The global annual Green House Gas (GHG) emissions reached 53.8 GtCO2e (gigatons of CO2 equivalent) in 2023, of which 69% was attributed to energy consumption spanning the industrial, transport, and building sectors. In response to this escalating climate challenge, India has set an ambitious target: 500 GW of non-fossil fuel electricity generation capacity by 2030 and net-zero GHG emissions by 2070.

OVERVIEW

Climate change is amplifying the struggles of vulnerable communities across India. Smallholder farmers face erratic weather, droughts, soil degradation and floods that diminish yields and threaten food security. Coastal communities are exposed to rising sea levels and severe storms that erode land and wipe out livelihoods, while tribal communities see their environments degrade, disrupting traditional practices and cultural continuity. These climate stresses also heighten health vulnerabilities, increasing risks of heat stress, respiratory illness and waterborne disease, placing additional pressure on an already under-resourced healthcare system, particularly in rural regions where access to care remains limited.

Meeting India’s climate goals and responding to these systemic challenges requires rapid innovation across interconnected domains — clean energy transitions, resilient agriculture and livelihoods, and accessible healthcare. Accelerating the development of technologies that serve smallholder farmers, underserved communities and last-mile health systems is critical to safeguarding both human and environmental well-being.

However, developing deeptech products requires significant time, funding and engineering effort. The journey from concept to functional product involves multiple stages of design, prototyping, testing, validation, manufacturing and distribution — each interdependent, capital-intensive and high-risk.

To bridge this gap, Social Alpha and MUFG have partnered to support early-stage start-ups advancing breakthrough solutions in climate, healthcare and livelihoods, enabling them to accelerate product development, reduce technical risk, and progress towards market readiness.

Program Offerings

The program is designed to accelerate the product development journey of four start-ups, enabling them to progress from proof-of-concept stage to demonstration-ready stage. This support is delivered through Social Alpha Labs and its ecosystem.
Support from Social Alpha
Product Development - Support for product development through Social Alpha’s infrastructure (lab spaces in New Delhi and Bangalore) and network partners.
Dedicated Portfolio Management - Assistance with developing the product roadmap, mentoring, expert inputs, go-to-market strategy, fundraising strategy and overall business advisory for eight months.
Support from MUFG
Funding Support – Funding support to four start-ups for product development.
Mentorship Support - Mentorship sessions with MUFG experts on go-to-market and potential future fundraise.

Cohort

Adsys

Adsys is developing a portable, benchtop, image-based, AI-powered CBC (Complete Blood Count) product that can be used for point-of-care measurement of a complete blood count from a fingerpick blood sample in 10 minutes.

Apratima Biosolutions

Apratima Biosolutions is developing an advanced biological solution to recycle plastic. The start-up has developed enzyme-based technology to degrade PET plastic waste into its monomeric building blocks. These recovered monomers can be converted back into PET of a quality comparable to virgin PET derived from petrochemical sources.

Hrimtron Energy

Hrimtron Energy is developing a waste heat recovery system that can capture the low-grade industrial waste heat and convert it into usable power, and enhance the industrial energy efficiency.

Microbe Works Scientific

Microbe Works Scientific is developing biodegradable and non-toxic dyes as an alternative to synthetic and petroleum derived textile dyes. Microbe works is developing MicroHues: a product derived from microbes and biomanufacturing process.