Prodigiosin (Biopigment) is a natural pigment produced from bacteria. Biovent Innovations has developed a novel technology for the production of biopigment from organic waste. Biopigment (Prodigiosin) in its crude form can be used in cosmetic, textile and food industry. Prodigiosin red coloured biopigment is having antibacterial, antifungal and anticancerous property which makes it suitable to use it as drug.