Scaleup Seed Fund — Eligibility Criteria

Only Private Limited companies registered in Kerala with an active MCA registration are eligible. Startups must have DPIIT recognition and a valid KSUM Unique ID. The venture must be focused on developing an innovative product or technology — purely service-based or trade businesses are generally ineligible. Revenue requirement: the startup must show at least ₹25 lakhs in product revenue over the last four quarters OR have secured at least ₹25 lakhs from an angel network or VC firm. Additionally, at least ₹5 lakhs in revenue must have been earned in the quarter immediately preceding the application. Preference is given to startups showing consistent month-on-month improvement. Businesses with pending government dues or those blacklisted by any government agency are not eligible.

Scaleup Seed Fund is open to startups at the revenue stage. The programme is targeted at startups registered in Kerala. Applicants should be registered as private limited. Applicants must hold DPIIT (Startup India) recognition.