New Delhi, 18 February, 2026: India’s leading research institutions, medical colleges and innovation partners have launched the BFI Innovation Full Stack at FITT–IIT Delhi, introducing a structured, end-to-end platform to support biomedical and MedTech innovation from early-stage ideation to large-scale deployment. The initiative is enabled by Blockchain for Impact (BFI), a catalytic philanthropic funding organisation, with participation from over 15 medical institutions and ecosystem partners.
The platform was launched alongside the India AI Impact Summit 2026, aligning with broader national discussions on leveraging artificial intelligence for public good. While AI adoption in healthcare continues to expand across diagnostics, devices and decision-support systems, the new platform seeks to create structured pathways for validation, regulation and adoption within India’s MedTech landscape.
The launch event marked the signing of five Memorandums of Understanding (MoUs), 11 Letters of Intent (LoIs) and an addendum agreement with partner institutions across research, clinical validation, incubation, acceleration and district-level sandboxes. Participating organisations include IIT Delhi – mPragati, RCB NCR Biotech Cluster, GITAM, AIIMS Delhi, AIIMS Jodhpur, AIIMS Patna, VMMC & Safdarjung Hospital, GIMS Noida, St. John’s Medical College, NIMS Jaipur, Bareilly International University, KD Medical College, Venture Center, IKP Knowledge Park and HS Foundation, among others.
Sandeep Nailwal, Founder of Blockchain For Impact, said, “India has immense potential in biomedical and MedTech innovation, but too many good ideas fail because innovators are left to navigate complex systems on their own. The BFI Innovation Full Stack is about changing that reality by building an end-to-end pathway that helps innovators move from concept to product in the market, that is market relevant and adoptable while keeping innovation at its center.” He further added, “The Innovation Full Stack is not a single programme or institution; it is a coordinated national collaboration. By bringing together academia, clinicians, accelerators and government systems, we are creating an environment where biomedical innovations can move forward with clarity, confidence, and continuity.”
Anchored by NAMAH (Nailwal MedTech Acceleration Hub), the platform is structured around three core pillars—incubation, grassroots impact through district-level sandboxes, and market access through a dedicated product promotion strategy. It aims to address persistent challenges such as limited prototyping infrastructure, regulatory complexity, access to clinical validation and unclear commercialisation pathways.
Through coordinated support spanning engineering design, prototyping, clinical validation, regulatory guidance and real-world testing, the Innovation Full Stack seeks to strengthen India’s biomedical innovation pipeline and improve the adoption of deployable, accessible MedTech solutions within public health systems.
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