Mookerji Innovation Fund (MIF) — Frequently Asked Questions
Answers to the questions founders most often ask about Mookerji Innovation Fund (MIF) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the Mookerji Innovation Fund (MIF)?
The Mookerji Innovation Fund (MIF) is an equity-based funding program established by PIEDS to support early-stage startups. It specifically targets ventures founded by BITS Pilani students or recent alumni.
Who is eligible to apply for the Mookerji Innovation Fund?
Eligibility requires at least one co-founder to be a current student or an alumnus of BITS Pilani who graduated within the last five years. The startup must be incorporated as a Private Limited company and be at the Minimum Viable Product (MVP) or pre-revenue stage.
What is the maximum funding amount offered by MIF?
The Mookerji Innovation Fund offers equity investments ranging from ₹5,00,000 to ₹50,00,000 to eligible startups.
What is the application deadline for the Mookerji Innovation Fund?
The current deadline to apply for the Mookerji Innovation Fund is May 5, 2026.
Does the Mookerji Innovation Fund have any specific preferences for startups?
Yes, the fund shows a preference for startups operating in DeepTech sectors and those that are led by women entrepreneurs.
What type of investment does MIF provide?
The Mookerji Innovation Fund provides equity-based investment, meaning it takes a stake in the company in exchange for funding.
How can I apply for the Mookerji Innovation Fund?
You can apply for the Mookerji Innovation Fund through the official application portal available at https://pieds.accubate.app/ext/form/23548/1/apply.
Does Mookerji Innovation Fund (MIF) take equity?
Yes. Mookerji Innovation Fund (MIF) is an equity-based investment, meaning the provider takes an ownership stake in exchange for funding. Review the specific terms before accepting.
Is DPIIT recognition required for Mookerji Innovation Fund (MIF)?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Mookerji Innovation Fund (MIF), though having it can strengthen your application and unlock other benefits.
Who offers Mookerji Innovation Fund (MIF)?
Mookerji Innovation Fund (MIF) is offered by PIEDS, an academic institution. It is provided as an investment.