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About CIBA CIBA is a DST-supported Technology Business Incubator operating under Agnel Charities on the FCRIT campus, Navi Mumbai, with an additional centre in Goa. CIBA is registered as a Section 8 not-for-profit company. Where CIBA holds equity in startups, this arises from Government of India grant instruments (not private investment capital), and CIBA's mandate is to strengthen the startup ecosystem — not to generate returns for any investor or LP. Any equity so held must be managed with th…