The Piramal Prize is a partnership between Piramal Foundation and Centre for Innovation, Incubation, and Entrepreneurship at IIM Ahmedabad to enable bold entrepreneurial ideas with potential to reduce the burden of disease across India. The award recognizes high-impact models that propose innovative solutions which directly or indirectly address India’s healthcare crisis. Entries may include, but are not limited to, innovations in service delivery, technology applications, health-related products, or mechanisms to address public health necessities such as potable water.
The Piramal Prize is awarded in 2 categories:
1. Emerging Ventures
Disruptive ventures in existence for less than three years may apply here. Entries may be in the start up/ idea/growth stages, ideally with a prototype/pilot project completed or underway. The prize winner in this category will receive seed funding of Rs 10,00,000/-, and additional support including office space, operational support, mentoring, and access to additional financing.
2. Established Organizations
Enterprises with a proven ability to reduce the burden of disease. Nominees may be not-for-profit or for-profit, but should present measurable impact on healthcare in large scale. The winning organization will receive a cash prize of Rs 10,00,000/-.