NIDHI-SSP is promoted by the Department of Science and Technology to provide financial assistance to promising startups with innovative ideas, technologies, and solutions. This initial funding is provided to incubated startups with the objective of helping them progress further in their journey and become eligible to raise investments from angel investors, venture capitalists, or secure loans from commercial banks and financial institutions. The seed support proposed to be disbursed by AIC-RNTU Foundation to incubatees is positioned as a bridge between the development and commercialization of innovative technologies, products, and services, in a relatively hassle-free manner.

AIC-RNTU Foundation has partnered with the Department of Science and Technology under the NIDHI Seed Support Program with the aim of providing financial support to early-stage startups and preparing them to become investment-ready—primarily, though not limited to, science and technology-based startups.

Eligibility Criteria

  • The applicant startup must be a company registered in India, with a DPIIT registration.
  • The applicant startup should have developed clarity on Unique Selling Proposition (USP) through customer validation and value proposition for its targeted customers.
  • This support is not meant for Indian Subsidiaries of MNCs/foreign companies. Persons holding Overseas Citizens of India (OCI) or Persons of Indian Origin (PIO) would be considered as Indian citizens for the purpose of this scheme.
  • The shareholding by Indian promoters in the incubated startup should be at least 51%.
  • Preference will be given to startups who have not availed any funding from any Government of India/State Govt. body.

Areas for Financial Assistance

💻

Technology and Product Development

Support for research, development, prototyping, and refinement of innovative technologies and products.

💰

Market Entry / Scale-Up

Funding to assist with market research, marketing strategies, distribution, and expansion into new markets to achieve growth.

👤

Mentoring & IPR Issues

Coverage for costs associated with expert mentorship, legal advice, patent filing, and other Intellectual Property Rights (IPR) related expenses.

Other Recommended Areas

Any other area deemed necessary and recommended by the Seed Support Management Committee of the incubator.


Our Funded Startups

Curomates Logo

Curomates Enterprises Pvt Ltd

Curomates allows you to find relevant mental health communities, have free private chats with empathetic listeners, find affordable therapy, and more.

Garudalystics Logo

GarudAlytics Pvt Ltd

GarudAlytics is an emerging IT services company specializing in geospatial solutions and location intelligence to tackle complex spatial challenges.

Instaweb Logo

INSTAWEB Labs Pvt Ltd

Websites.co.in is a no code, mobile-first, SaaS platform that empowers you to create your website, eCommerce store and blog anytime, anywhere - instantly.

Languify Logo

Languify Pvt Ltd

Languify is an AI-driven platform helping individuals ace interviews and boost communication skills, backed by experts from IIT-Bombay and Carnegie Mellon.

Misfits (Acebot) Logo

MISFITS COMMUNICATIONS AND DIGITAL SERVICES Pvt Ltd

MISFITS COMMUNICATIONS AND DIGITAL SERVICES Pvt Ltd is an AI-powered voicebot that seamlessly communicates via voice on any browser, app, or software—easy to implement and user-friendly.

Momcare (Newbees) Logo

Momcare Healthcare Solutions Pvt Ltd

Newbees is creating a tech-driven, sustainable healthcare model connecting professionals, hospitals, and caregivers to ensure last-mile care for urban mothers and children during pregnancy and early motherhood.

Testpan Logo

Testpan India Pvt Ltd

TESTPAN India is a tech-enabled platform that aggregates and manages exam centers and services for seamless delivery of computer-based online examinations.

UNG (Blupower) Logo

UNG Technologies Pvt Ltd

BluPower is providing Reliable Energy Access through Affordable Decentralized Micro Hydro solutions.

VOCBOT.AI Logo

VOCBOT.AI TECHNOLOGY PVT LTD

AI voice-bot/ chatbot, a cloud-based (SaaS) call centre platform will assist contact centres in resolving practical issues and maximising the value of voice-bot conversations.

Generic Logo

Nomad Defence Pvt Ltd

Nomad Defence is a licensed weapons manufacturer, focused on designing and developing advanced weapon systems and military equipment.

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Bright Hustle Pvt Ltd

Bright Hustle is building a centralized education ecosystem with comprehensive modules for scholarships, career opportunities, and more.