Excelium-SINE DeepTech Innovation Grant Program — Frequently Asked Questions
Answers to the questions founders most often ask about Excelium-SINE DeepTech Innovation Grant Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the Excelium-SINE DeepTech Innovation Grant Program?
It is a CSR-funded grant program by SINE (IIT Bombay) in partnership with Excelium Technologies, providing financial and ecosystem support to early-stage deeptech startups for product development and validation.
What is the maximum funding available?
Eligible startups can receive up to ₹20 Lakhs in grant funding, disbursed in tranches based on project milestones.
What kind of startups are eligible?
The program is open to Private Limited companies registered in India with a majority Indian shareholding and DPIIT recognition. Startups must be working in DeepTech, with solutions at Technology Readiness Level (TRL) 4 or above, and have a clear commercialisation roadmap.
How can the grant funds be used?
The funding can be broadly utilised for product development, in-house testing and trials, obtaining regulatory approvals, field trials, and product deployment.
What is the program duration?
The grant program has a tenure of 6 months, during which startups are expected to achieve their agreed-upon product development and validation milestones.
Is DPIIT recognition mandatory?
Yes, applicants must be registered with DPIIT (Department for Promotion of Industry and Internal Trade) to be eligible for this grant program.
Does the program take equity?
No, this is a grant program, so no equity is taken. The funding is non-repayable.
How to apply?
Applications are submitted online via the SINE Edge portal at https://sineedge.sineiitb.org/programs/apply/sin7192/excelium-sine-deeptech-innovation-grant-program. You will need to provide company details, a pitch deck, DPIIT certificate, incorporation documents, and a detailed project proposal with milestones.
What is the application deadline?
The deadline for applications is July 16, 2026.
Who is eligible to apply for Excelium-SINE DeepTech Innovation Grant Program?
Excelium-SINE DeepTech Innovation Grant Program is open to startups at any stage. It is open to startups registered anywhere in India.
Who offers Excelium-SINE DeepTech Innovation Grant Program?
Excelium-SINE DeepTech Innovation Grant Program is offered by SINE, IIT Bombay, an academic institution. It is provided as non-dilutive funding.
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