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DST-NIDHI Seed Support Programme at SINE, IIT Bombay — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about DST-NIDHI Seed Support Programme at SINE, IIT Bombay — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

What type of funding is offered?

The funding is equity-based, provided in the form of equity shares or Compulsory/Convertible Preference Shares (CCPS/OCPS). It is disbursed in instalments tied to achieving specific milestones.

How much funding can a startup receive?

A startup can receive up to ₹1 crore in seed funding.

What is the application deadline?

The current call is open until 25 June 2026.

Who is eligible to apply?

Eligible applicants are Indian private limited companies with at least 51% Indian promoter shareholding and DPIIT recognition. Subsidiaries of foreign companies or multinational corporations are not allowed.

Can a startup that has already received NIDHI seed support from another incubator apply?

No, startups that have previously received funding from any NIDHI seed support programme are not eligible.

Does the programme require DPIIT or MSME registration?

DPIIT registration is mandatory. MSME registration is not specified as a requirement.

What can the funds be used for?

Funds can be used for product development, staff salaries, marketing, mentoring, professional services, and contingencies (up to 10% of the total funding).

Is incubation at SINE mandatory?

Yes, startups that are not already incubated with SINE must incubate with SINE (either physically or virtually) to receive the funding.

What documents are typically needed for application?

An online application is submitted via the SINE platform. Specific document requirements are not detailed, but you will likely need business details and your DPIIT certificate.

How and where do I apply?

Apply online through the SINE applicant platform at the URL provided in the programme details.

Does DST-NIDHI Seed Support Programme at SINE, IIT Bombay take equity?

Yes. DST-NIDHI Seed Support Programme at SINE, IIT Bombay is an equity-based investment, meaning the provider takes an ownership stake in exchange for funding. Review the specific terms before accepting.

Who offers DST-NIDHI Seed Support Programme at SINE, IIT Bombay?

DST-NIDHI Seed Support Programme at SINE, IIT Bombay is offered by SINE, IIT Bombay, an academic institution. It is provided as an investment.

How do I apply for DST-NIDHI Seed Support Programme at SINE, IIT Bombay?

Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.

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