Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi
FITT, IIT Delhi invites applications for equity/equity-linked investments under Exim Bank's Ubharte Sitaare Programme for Indian startups with strong export potential.
- Funding amount
- ₹27.5L – ₹1.1Cr (equity)
- Funding type
- Equity
- Provider
- FITT, IIT Delhi (Academic)
- Application deadline
- Closed (10 Jul 2026)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The Ubharte Sitaare Programme (USP) is an initiative by the Export-Import Bank of India (Exim Bank), implemented by FITT (Foundation for Innovation and Technology Transfer) at IIT Delhi. The program is designed to identify and nurture Indian companies that have significant export potential but may be underperforming or struggling to reach full growth. These 'future champions' possess inherent advantages in technology, products, or processes. USP provides a strategic mix of equity and debt financing, along with crucial technical assistance, to help these companies scale. The primary objectives include boosting India's global competitiveness in key sectors, enhancing export business for companies with differentiated offerings, addressing financial barriers to scale-up, and assisting existing exporters in expanding into new markets and product categories.
Highlights
- Equity/equity-linked investments
- Funding up to ₹1.1 Crore
- Focus on export potential
- Requires DPIIT/MSME registration
- Associated with FITT ecosystem
- Targeting small & mid-sized companies
Who can apply
To be eligible for the Ubharte Sitaare Programme, a startup must meet the following criteria: be an Indian company, be DPIIT-recognized or registered as an MSME, be associated with the FITT ecosystem (e.g., incubated at IIT Delhi or otherwise connected), demonstrate clear export potential for its product or service, and have an annual turnover of up to ₹500 crore. The program targets small and mid-sized companies with innovative offerings that are ready to scale globally.
Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi 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 Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi closed on 10 Jul 2026. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.
What the funding covers
Selected startups receive equity or equity-linked investments ranging from ₹27.5 Lakh to ₹1.1 Crore. Beyond capital, the program provides extensive handholding support and technical assistance. This includes product adaptation for international markets, certification assistance, market development support, overseas travel for business development, and various sector/market/regulatory studies. The holistic support is designed to help companies overcome scaling challenges and enhance India's competitiveness in global markets.
About the provider
Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi is offered by FITT, IIT Delhi, an academic institution. It is delivered directly by FITT, IIT Delhi as a equity. You can verify current details and timelines on the provider's official website before applying.
Documents you’ll need
Before you apply to Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi, 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
Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi is best suited for startups in India seeking an equity investment of ₹27.5L – ₹1.1Cr. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding does the Ubharte Sitaare Programme offer?
The programme provides equity or equity-linked investments ranging from ₹27.5 Lakh to ₹1.1 Crore per startup.
What is the application deadline for the programme?
The deadline for applications is July 10, 2026.
Who is eligible to apply for this programme?
Indian startups that are DPIIT-recognized or MSME-registered, associated with the FITT ecosystem, have clear export potential, and an annual turnover up to ₹500 crore are eligible.
Is DPIIT or MSME registration required?
Yes, eligible startups must be DPIIT-recognized or registered as an MSME.
Does the programme take equity in the startup?
Yes, the programme provides equity or equity-linked investments, meaning it takes an equity stake in the company.
What kind of support besides funding is provided?
Selected companies receive extensive handholding, technical assistance, product adaptation support, certification help, market development support, overseas travel opportunities, and sector/market/regulatory studies.
What is the focus of the Ubharte Sitaare Programme?
The programme focuses on identifying and nurturing Indian companies with significant export potential, especially those with inherent advantages in technology, products, or processes that are underperforming or struggling to scale.
How can I apply for the programme?
Applications are submitted online through the FITT IIT Delhi application portal at the URL provided on the programme page.
Who offers Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi?
Exim Bank Ubharte Sitaare Programme at FITT, IIT Delhi is offered by FITT, IIT Delhi, an academic institution. It is provided as an investment.
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