SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth)

SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth) is a flagship grant program by the Ministry of Electronics and Information Technology (MeitY). It is designed to accelerate product innovation, development and growth for startups operating in the technology sector. By providing financial support and guidance, SAMRIDH aims to help startups scale their solutions and achieve market readiness.

The program focuses on startups that are past the ideation phase and are ready to scale their technology-driven products or services. It provides a grant of up to ₹40 lakh to qualified applicants. The application process is managed through the MeitY portal, where startups need to submit a detailed business plan, financial projections, and information about their team and technology.

• Grant of up to ₹40 lakh with no equity taken
• Focused on tech startups ready for scaling
• Run by the Ministry of Electronics and Information Technology (MeitY)
• Non-dilutive funding for product innovation and growth
• Application through MeitY portal with business plan and financial projections

Startups must be in the scaling-up stage and operate in the technology sector. The program is open to Indian startups registered as a private limited company, limited liability partnership, or other recognized entity types. Founders should have a strong technology background and a viable product that is ready for scaling. DPIIT or MSME registration may be required as per government norms, though not explicitly stated in the facts.

There is no specific deadline mentioned for applications, so interested startups should regularly check the MeitY portal for updates. The program does not specify restrictions based on state, meaning it is likely open to all states in India.

SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth) is open to startups at any stage. It is open to startups registered anywhere in India.

SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth) accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

Selected startups receive a grant of up to ₹40 lakh. This funding is non-dilutive, meaning the government does not take any equity in the startup. The grant can be used to accelerate product innovation, development and growth activities such as hiring, technology upgrades, marketing, and operational scaling. Additionally, the program may provide mentorship and networking opportunities through MeitY's ecosystem, though specific support services are not detailed in the provided facts.

SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth) is offered by Ministry of Electronics and Information Technology (MeitY), a government body. As a government-backed grant, it is publicly funded and open to eligible startups across India. You can verify current details and timelines on the provider's official website before applying.

The selection is based on the strength of the business plan, financial projections, and the team's capability to execute the technology product. Applications are submitted via the MeitY portal and are evaluated by a committee. While specific stages are not provided, the process likely involves an initial screening, followed by a detailed review, and possibly a pitch presentation. Shortlisted startups are then awarded the grant after due diligence.

Before you apply to SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth), 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.

SAMRIDH (Startup Accelerator of MeitY for Product Innovation, Development and Growth) is best suited for startups in India seeking non-dilutive funding of ₹40L. If that describes your startup, review the eligibility criteria above before applying.