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ArthX Program at AIC ISB

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Quick answer

The ArthX Program by AIC ISB, in partnership with HDFC Bank Parivartan, supports revenue-stage sustainability startups from Punjab with grants.

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 is a dedicated initiative focused on sustainability, launched by AIC at the Indian School of Business (ISB). This program is a collaborative effort with HDFC Bank Parivartan, operating under the broader Parivartan StartUp Grants program. Its primary goal is to foster innovation in the sustainability sector.

This initiative is specifically designed to empower revenue-stage startups located in Punjab. It targets companies that are developing scalable and impactful solutions to address pressing sustainability challenges. The program aims to provide crucial support to these early-stage businesses.

ArthX is committed to accelerating the growth and real-world impact of founders working on critical sustainability issues. This includes areas such as climate action, the circular economy, clean energy solutions, sustainable agriculture practices, and green manufacturing processes. The total grant pool allocated for this program is ₹1 crore, demonstrating a significant commitment to nurturing sustainable innovation.

Highlights

  • Grant funding available up to ₹10 lakh.
  • Specifically targets revenue-stage startups.
  • Focuses on sustainability-focused solutions.
  • Open to startups based in or operating from Punjab.
  • Program offered by AIC ISB in partnership with HDFC Bank Parivartan.
  • Application deadline is February 15, 2026.

Who can apply

The ArthX Program is open to startups that meet specific criteria, ensuring support is directed towards businesses with the potential for significant impact.

Applicants must satisfy the following conditions:

  • The startup must be in the revenue-stage of its development.
  • The business must be either based in or operating from Punjab.
  • The startup's core focus must be on sustainability-focused domains.
  • The solutions developed by the startup should be both scalable and impact-driven, demonstrating potential for widespread positive change.

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

Recipients of the ArthX Program will gain access to substantial support designed to accelerate their growth and impact.

Key benefits include:

  • Grant funding: Selected startups will receive financial assistance in the form of a grant, with amounts available up to ₹10 lakh.
  • Structured knowledge inputs: Participants will benefit from organized educational resources and insights tailored to startup development.
  • Ecosystem access: The program provides entry to a robust network comprising experienced mentors, influential industry leaders, and strategic partners, facilitating valuable connections and guidance.

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.

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

What is the maximum grant amount offered by the ArthX Program?

The ArthX Program offers grant funding of up to ₹10 lakh to selected sustainability-focused startups. The total grant corpus for this program is ₹1 crore.

Which types of startups are eligible for the ArthX Program?

The program is designed for revenue-stage startups that are based in or operating from Punjab. These startups must be actively working on scalable and impactful solutions within sustainability-focused domains.

What specific sustainability areas does the program focus on?

The ArthX Program supports founders addressing critical sustainability challenges. This includes areas such as climate action, the circular economy, clean energy, sustainable agriculture, and green manufacturing.

Who is the primary organizer of the ArthX Program?

The ArthX Program is an initiative introduced by AIC at the Indian School of Business (ISB), in partnership with HDFC Bank Parivartan under the Parivartan StartUp Grants program.

Does the ArthX Program take an equity stake in the applying startups?

No, the ArthX Program provides grant funding. Grants are non-dilutive, meaning the program does not take any equity stake in the recipient startups.

What is the application deadline for the ArthX Program?

The deadline for submitting applications to the ArthX Program is February 15, 2026.

Are there any geographical restrictions for applicants?

Yes, a key eligibility criterion is that startups must be either based in or operating from Punjab to be considered for the ArthX Program.

What kind of support, beyond funding, do selected startups receive?

Beyond grant funding, selected startups receive structured knowledge inputs and gain access to a strong ecosystem. This ecosystem includes mentors, industry leaders, and strategic partners, all aimed at accelerating their scale and impact.

Is DPIIT recognition required for ArthX Program at AIC ISB?

No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for ArthX Program at AIC ISB, though having it can strengthen your application and unlock other benefits.

Who is eligible to apply for ArthX Program at AIC ISB?

ArthX Program at AIC ISB is open to startups at any stage. It is open to startups registered anywhere in India.

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.

How do I apply for ArthX Program at AIC ISB?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

More funding from AIC ISB

AIC ISB runs another program listed on startupfunds — compare them before you decide where to apply.

Alternatives to ArthX Program at AIC ISB

Not sure ArthX Program at AIC ISB is the right fit, or already applied? These are other grants open to Indian startups that founders shortlist alongside it.

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