ArthX Program at AIC ISB
₹10L grant for Punjab-based revenue-stage sustainability startups, powered by AIC ISB & HDFC Parivartan.
- Funding amount
- ₹10L (grant)
- Funding type
- Grant
- Provider
- AIC ISB (Academic)
- Application deadline
- Closed (15 Feb 2026)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The ArthX Program at AIC ISB is a sustainability-focused grant initiative launched by the Atal Incubation Centre at the Indian School of Business in partnership with HDFC Bank Parivartan under the Parivartan StartUp Grants umbrella. The program backs revenue-stage startups headquartered or operating in Punjab that are building scalable, impact-driven solutions in sustainability. ArthX targets critical sectors including climate action, circular economy, clean & renewable energy, sustainable agriculture, and green manufacturing.
The total grant corpus for this program is ₹1 crore, with individual grants up to ₹10 lakh per startup. In addition to funding, selected startups gain structured knowledge inputs and access to a robust network of mentors, industry leaders, and strategic partners, helping them accelerate scale and deliver real-world impact. The last date to apply is 15 February 2026.
Highlights
- Sustainability grant by AIC ISB and HDFC Bank Parivartan
- Open only to revenue-stage startups based in Punjab
- Individual grants up to ₹10 lakh from a total corpus of ₹1 crore
- Focus areas: climate action, circular economy, clean energy, sustainable agri & green manufacturing
- Applicants get mentorship, knowledge inputs, and access to industry leaders
- Deadline: 15 February 2026
Who can apply
- Must be a revenue-stage startup (i.e., already generating revenue)
- Must be based in or operating from the state of Punjab
- Solutions must fall under sustainability sub-themes such as Climate Action, Waste Management, Circularity, Renewable Energy & Energy Efficiency, Sustainable Agriculture, and Sustainable Materials & Green Manufacturing
- Both scalability and impact are essential criteria
No specific requirement for DPIIT or MSME registration is mentioned. There are no additional founder restrictions beyond being part of a revenue-stage startup.
ArthX Program at AIC ISB is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
The most recent application window for ArthX Program at AIC ISB closed on 15 Feb 2026. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.
What the funding covers
- Grant funding of up to ₹10 lakh per startup (total corpus ₹1 crore)
- Structured knowledge inputs and capacity-building support
- Access to a strong ecosystem of mentors, industry leaders, and strategic partners
- Help in accelerating scale and increasing real-world sustainability impact
About the provider
ArthX Program at AIC ISB is offered by AIC ISB, an academic institution. It is delivered directly by AIC ISB as a grant. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
The detailed selection process is not publicly disclosed by the program manager. However, as a grant program, typical steps include application screening, shortlisting, pitch presentation, and final selection by a panel. Startups are advised to refer to the official website for any updated application stages or evaluation criteria.
Documents you’ll need
Before you apply to ArthX Program at AIC ISB, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Who this is best for
ArthX Program at AIC ISB is best suited for startups in India seeking non-dilutive funding of ₹10L. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much grant funding is offered under ArthX?
Eligible startups can receive grant funding of up to ₹10 lakh.
What is the total grant corpus for the program?
The total grant corpus for ArthX is ₹1 crore.
What is the application deadline?
The last date to apply is 15 February 2026.
Who is eligible to apply?
Revenue-stage startups based in or operating from Punjab that offer scalable, impact-driven solutions in sustainability domains such as climate action, waste management, circularity, renewable energy, sustainable agriculture, and green manufacturing.
Does the program require DPIIT or MSME registration?
No, there is no requirement for DPIIT or MSME registration mentioned in the eligibility criteria.
Is ArthX a grant or an equity investment? Does it take a stake in my startup?
ArthX is a grant program. It does not take any equity or ownership stake in your startup. Grants are non-dilutive funding.
What support beyond funding do selected startups receive?
Selected startups benefit from structured knowledge inputs and gain access to a network of mentors, industry leaders, and strategic partners who can help accelerate growth and impact.
How do I apply to the ArthX Program?
Applications are accepted through the official AIC ISB website at aicisb.org/arthx-hdfc-parivartan. You will need to submit details about your startup, revenue stage, sustainability focus, and impact potential.
Can startups from outside Punjab apply?
No, the program specifically requires startups to be based in or operating from the state of Punjab.
Who offers ArthX Program at AIC ISB?
ArthX Program at AIC ISB is offered by AIC ISB, an academic institution. It is provided as non-dilutive funding.
More funding from AIC ISB
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