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BIU and Blockchain for Impact Sign MoU to Boost MedTech Innovation

February 20, 2026Latest Eventsby BIU

We are pleased to share that we have signed a Memorandum of Understanding with Blockchain for Impact (BFI) and our university, Bareilly International University (BIU). The MOU was formally exchanged at the campus of Indian Institute of Technology, Delhi in a glittering function on 16th February 2026.

The MOU was signed in November 2025, and the first tranche of committed funding was also credited in the same month, enabling the rollout and implementation of activities.

The formal MOU exchange ceremony was held in the presence of:
Sandeep Nailwal, Founder, Blockchain for Impact and Co-Founder of Polygon.
Dr Gaurav Singh, CEO, Blockchain for Impact
Dr Arjun Agarwal, Director at BIU and

Mr.Claudius Lazarus the Co-Founder & CEO of Bareilly Medtech Incubation & Innovation Labs Foundation(BMIIL)

Blockchain for Impact (BFI) has shown great vision and commitment towards strengthening MedTech innovation in our country. Partnerships of this nature are essential to move healthcare
ideas from concept to clinical validation and meaningful societal impact.

This partnership is focused on building a structured and responsible MedTech innovation pathway through startup incubation, clinical validation, and governance-led technology deployment.

Through this MOU, BIU will support and incubate startups identified by BFI and together the two organizations will nurture and monitor the startups for measurable outcomes and eventual societal impact.

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