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SMT. Raj Kumari Jain Seed Fund for Innovation at PIEDS BITS Pilani — Frequently Asked Questions

FAQ

Answers to the questions founders most often ask about SMT. Raj Kumari Jain Seed Fund for Innovation at PIEDS BITS Pilani — who qualifies, the funding amount, required documents and how the application works.

Frequently asked questions

Who can apply?

Startups where at least one co-founder is a current BITS Pilani student or an alumnus who graduated within the last 5 years are eligible. The startup must be registered as a Private Limited Company and should not have previously received funding from PIEDS.

How much funding does the program offer?

The program offers between ₹30 lakh and ₹50 lakh per selected startup, combining non-matching and matching funding components.

What is the application deadline?

The deadline for applications is June 19, 2026.

What sectors are funded?

The program funds startups in Applied AI, DeepTech, ClimateTech, and Industry 4.0.

What entity type is required?

Startups must be incorporated as a Private Limited Company in India.

Does the program require DPIIT or MSME registration?

No, DPIIT or MSME registration is not required for this program.

Is the funding a grant or equity?

The funding is a grant. It combines non-matching and matching capital, and no equity is taken by PIEDS.

What documents are typically needed?

Specifically required documents are not listed, but the application process includes an online form, screening, pitch, and investment committee review. Applicants should be prepared to provide details about their startup, team, and business plan.

How do I apply?

Applications are submitted online via the PIEDS Accubate platform at the provided apply URL.

What is the selection process?

The selection process includes: Online Application, Screening, Shortlisting & Pitch, Investment Committee Review, and final Selection, Agreement & Funding.

Who offers SMT. Raj Kumari Jain Seed Fund for Innovation at PIEDS BITS Pilani?

SMT. Raj Kumari Jain Seed Fund for Innovation at PIEDS BITS Pilani is offered by PIEDS, an academic institution. It is provided as non-dilutive funding.

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