IIMA Ventures (formerly IIMA-CIIE), in partnership with GFI India, undertook this research study to conduct a first-of-its-kind landscape study of the cultivated meat sector in India with a focus on ecosystem building. The research combines insights from secondary data as well as in-depth interviews with multiple industry stakeholders including academicians and researchers, startups and entrepreneurs, input providers, policymakers, support institutions, and investors.

The report details our stakeholder analysis – the hurdles they face, the opportunities they envision for the future, and the support they require to make this a reality. It also presents a theoretical ‘maturity model’ to evaluate cultivated meat startups, adapted from BIRAC’s Technological Readiness Level guidelines for industrial biotechnology startups.