IITB-IoE Seed Fund at SINE, IIT Bombay
Equity/equity-linked seed funding up to ₹1 crore for IIT Bombay-associated technology startups to accelerate product development and go-to-market.
- Funding amount
- ₹1Cr (equity)
- Funding type
- Equity
- Provider
- SINE, IIT Bombay (Academic)
- Application deadline
- Closed (25 Jun 2026)
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The IITB-IoE Seed Fund, run by SINE at IIT Bombay, provides equity or equity-linked seed funding of up to ₹1 crore to technology startups connected to the IIT Bombay ecosystem. The aim is to help these startups speed up product development and bring their offerings to market within a funding tenure of 12 to 18 months. Startups that are not already incubating with SINE must join SINE before funds are released. The program is part of the Institute of Eminence (IoE) initiative to foster innovation emerging from IIT Bombay.
This fund is designed for startups that are technology or science-based and have a clear association with IIT Bombay. The support goes beyond capital: selected startups also gain access to SINE's incubation infrastructure, mentorship, and market connections, giving them a comprehensive boost to grow and scale.
Highlights
- Equity/equity-linked seed funding up to ₹1 crore.
- Funding tenure of 12 to 18 months.
- Open to DPIIT-recognised technology/science startups with IIT Bombay association.
- Must incubate with SINE (if not already) before fund disbursement.
- Intellectual property must be owned by or exclusively licensed to the startup or IIT Bombay.
Who can apply
To be eligible for the IITB-IoE Seed Fund, your startup must be technology or science-based and DPIIT-recognised. At least one founding member must be a student, faculty, alumnus, or staff of IIT Bombay, or the startup must have an established linkage with IIT Bombay through a faculty or researcher association or IP. LLPs and partnerships are required to convert into a private limited company before the fund is released. The startup's product should be at prototype, MVP, or market-ready stage. Additionally, the intellectual property must be owned by IIT Bombay or the startup, or the startup must hold exclusive rights to use it.
IITB-IoE Seed Fund at SINE, IIT Bombay is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
The most recent application window for IITB-IoE Seed Fund at SINE, IIT Bombay closed on 25 Jun 2026. Many programmes run repeat cohorts, so it is worth checking the official site for the next round.
What the funding covers
- Equity/equity-linked seed funding of up to ₹1 crore (₹100 lakhs).
- Funding tenure of 12 to 18 months.
- Incubation support at SINE, including access to labs, infrastructure, and office space.
- Mentorship from industry experts and faculty.
- Market access support to help startups reach customers and partners.
About the provider
IITB-IoE Seed Fund at SINE, IIT Bombay is offered by SINE, IIT Bombay, an academic institution. It is delivered directly by SINE, IIT Bombay as a equity. You can verify current details and timelines on the provider's official website before applying.
Documents you’ll need
Before you apply to IITB-IoE Seed Fund at SINE, IIT Bombay, 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.
Who this is best for
IITB-IoE Seed Fund at SINE, IIT Bombay is best suited for startups in India seeking an equity investment of ₹1Cr. If that describes your startup, review the eligibility criteria above before applying.
Frequently asked questions
How much funding does the IITB-IoE Seed Fund provide?
The fund provides equity or equity-linked seed funding up to ₹1 crore (₹100 lakhs).
What is the application deadline?
The deadline for applications is June 25, 2026.
Who is eligible to apply?
Technology or science-based startups that are DPIIT-recognised. At least one founding member must be a student, faculty, alumnus, or staff of IIT Bombay, or have an established IITB linkage through a faculty/researcher association or IP. LLPs/partnerships must convert to a company before fund release. The product stage should be prototype/MVP/market-ready, and IP must be owned by IIT Bombay or the startup, or exclusively licensed.
Does the program take equity?
Yes, the funding is provided in the form of equity or equity-linked instruments.
Do I need to incubate at SINE to get the funding?
Selected startups that are not already incubating with SINE must incubate with SINE before the seed fund is disbursed.
Is DPIIT recognition required?
Yes, DPIIT registration is required for eligibility.
What if my startup is an LLP or partnership?
LLPs and partnerships must convert to a private limited company before the fund can be released.
How can I apply?
You can apply through the SINE Edge portal at the provided application link.
Who offers IITB-IoE Seed Fund at SINE, IIT Bombay?
IITB-IoE Seed Fund at SINE, IIT Bombay is offered by SINE, IIT Bombay, an academic institution. It is provided as an investment.
More funding from SINE, IIT Bombay
SINE, IIT Bombay runs 6 other programs listed on startupfunds — compare them before you decide where to apply.
Alternatives to IITB-IoE Seed Fund at SINE, IIT Bombay
Not sure IITB-IoE Seed Fund at SINE, IIT Bombay is the right fit, or already applied? These are other equity open to Indian startups that founders shortlist alongside it.
Questions from founders
Ask anything about eligibility, documents or the process — answered by the community.
No questions yet — be the first to ask.