Next Bharat Residency Program — Frequently Asked Questions
Answers to the questions founders most often ask about Next Bharat Residency Program — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
How much funding does the program provide?
The program offers equity-based funding of up to ₹5 crore per venture.
What is the application deadline?
The program operates on a rolling basis, meaning you can apply at any time—there is no set deadline.
Are there any geographic restrictions on where my startup must be located?
The program does not impose any state-level restrictions, so startups from anywhere in India are welcome to apply.
What type of legal entity is eligible?
The program accepts applications from private limited companies and limited liability partnerships (LLPs).
Does the program require DPIIT or MSME registration?
No, DPIIT registration and MSME registration are not required to apply for this program.
What is the format of the residency?
The program runs for three months. It starts with a three-week intensive phase that takes place in person in Bengaluru, followed by a virtual component for the rest of the duration.
Can my co-founders attend the in-person sessions if I, the primary equity holder, am unable?
No, the top equity holder must attend all in-person sessions personally and cannot be replaced by a co-founder.
What is the required stage of my startup?
You must already be generating revenue and have proven early market traction, with plans to seek equity funding in the next 3 to 6 months.
What type of businesses qualify as impacting 'India 2/India 3'?
Ventures targeting urban informal or rural economies—for example, agritech, food processing, artisan crafts, dairy, waste management, and livelihood improvements.
How do I apply to the program?
You can apply through the program's Google Form, which is accessible on the official website. The cycle is open continuously, so no waiting period is necessary.
Who is eligible to apply for Next Bharat Residency Program?
Next Bharat Residency Program is open to startups at the revenue stage working in agri food rural, edtech social impact and climate energy ev. It is open to startups registered anywhere in India. Applicants should be registered as private limited and llp.
Who offers Next Bharat Residency Program?
Next Bharat Residency Program is offered by Next Bharat Ventures IFSC Private Limited, a venture-capital firm. It is provided as an investment.