FITT Investment Fund & SIDBI DeepTech Acceleration Program
FITT IIT Delhi and SIDBI offer up to ₹1.5Cr equity funding plus a 6-month deep-tech accelerator for DPIIT-recognized startups with IP and TRL 4+.
- Funding amount
- ₹1.5Cr (equity)
- Funding type
- Equity
- Provider
- FITT, IIT Delhi (Academic)
- Application deadline
- Closed (14 Dec 2025)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The FITT Investment Fund & SIDBI DeepTech Acceleration Program is a joint initiative by IIT Delhi's Foundation for Innovation and Technology Transfer (FITT) and SIDBI. It targets deep-tech ventures that are solving substantial, real-world problems. Selected startups receive equity funding of up to ₹1.5 Crores and are enrolled in the newly launched FITT-SIDBI Deeptech Accelerator Program.
The accelerator runs for 6 months and includes:
- 10 technical + business workshops
- Investor interactions
- Continuous monitoring through the FITT Investment Fund
- A high-visibility Demo Day
- Expert mentorship, market and investor access, support from IIT Delhi's research and infrastructure, and commercialisation pathways via FITT.
By combining funding with structured acceleration, the program aims to propel deep-tech innovations from the lab to the market.
Highlights
- Equity funding of up to ₹1.5 Crores from FITT and SIDBI
- 6-month accelerator featuring 10 workshops, investor meets, and a Demo Day
- Access to IIT Delhi’s research infrastructure and commercialisation support
- Must be DPIIT recognized and at TRL 4 or above
- Open to IIT alumni-led startups, FITT-associated startups, or those incubated at FITT
Who can apply
To apply, startups must:
- Be DPIIT recognized.
- Be currently incubated, accelerated, or have received a grant through FITT.
- Have at least one IP granted, filed, or pending.
- Be at Technology Readiness Level (TRL) 4 or above.
- Be led by IIT alumni, associated with FITT, or incubated at FITT.
FITT Investment Fund & SIDBI DeepTech Acceleration Program 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 FITT Investment Fund & SIDBI DeepTech Acceleration Program closed on 14 Dec 2025. 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 funding of up to ₹1.5 Crores.
- Access to the 6-month FITT-SIDBI Deeptech Accelerator Program, which includes workshops, investor interactions, continuous monitoring, and a Demo Day.
- Expert mentorship, market and investor access, IIT Delhi research and infrastructure support, and commercialisation pathways through FITT.
About the provider
FITT Investment Fund & SIDBI DeepTech Acceleration Program 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 FITT Investment Fund & SIDBI DeepTech Acceleration Program, 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
FITT Investment Fund & SIDBI DeepTech Acceleration Program is best suited for startups in India seeking an equity investment of ₹1.5Cr. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding is offered?
Selected startups can receive equity funding of up to ₹1.5 Crores.
What is the application deadline?
Applications are accepted until December 14, 2025.
Who is eligible to apply?
Eligible startups must be DPIIT recognized, currently incubated/accelerated or have received a grant through FITT, have at least one IP granted/filed/pending, be at Technology Readiness Level (TRL) 4 or above, and be led by IIT alumni, associated with FITT, or incubated at FITT.
Does the program take equity?
Yes, this is an equity-based funding program, meaning FITT receives a stake in the startup.
Is DPIIT registration required?
Yes, DPIIT recognition is mandatory for eligibility.
What does the accelerator program include?
The 6-month accelerator includes 10 technical and business workshops, investor interactions, continuous monitoring, a Demo Day, expert mentorship, market access, IIT Delhi research and infrastructure support, and commercialisation pathways through FITT.
Do I need to have intellectual property?
Yes, you must have at least one IP granted, filed, or pending.
What is Technology Readiness Level (TRL) 4?
TRL 4 means the technology has been validated in a laboratory environment. Startups must be at TRL 4 or above to apply.
Can startups from outside Delhi apply?
The program does not specify location restrictions, but eligibility requires association with FITT or IIT Delhi, which may imply proximity or existing ties.
How do I apply?
Applications are submitted online via the provided application link: https://fitt.accubate.app/ext/form/6827/1/apply?source=startupgrantsindia.com
Who offers FITT Investment Fund & SIDBI DeepTech Acceleration Program?
FITT Investment Fund & SIDBI DeepTech Acceleration Program is offered by FITT, IIT Delhi, an academic institution. It is provided as an investment.
More funding from FITT, IIT Delhi
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