IITB-IoE Seed Fund at SINE, IIT Bombay — Frequently Asked Questions
Answers to the questions founders most often ask about IITB-IoE Seed Fund at SINE, IIT Bombay — who qualifies, the funding amount, required documents and how the application works.
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.