
#SISFS
Startup India Seed Fund Scheme
Startup India Seed Fund Scheme (SISFS) aims to provide financial assistance to
startups for proof of concept, prototype development, product trials, market entry and commercialization.
About SISFS
In order to build a robust startup ecosystem and to nurture innovation and provide
opportunities, DPIIT has created Startup India Seed Fund Scheme (SISFS) to provide financial
assistance to startups. FiiRE Incubation Centre has been selected as one of the incubators for
providing Seed fund support to startups for proof of concept, prototype development, product
trials, market entry and commercialization to early-stage startups.

Focus Areas
Sustainability
We are committed to promoting sustainable practices throughout the tourism ecosystem. We support startups that are developing technologies and services to reduce carbon emissions, conserve natural resources, protect biodiversity, and foster responsible tourism practices.
Sustainability
We are committed to promoting sustainable practices throughout the tourism ecosystem. We support startups that are developing technologies and services to reduce carbon emissions, conserve natural resources, protect biodiversity, and foster responsible tourism practices.
Waste Management
We recognize the urgent need for sustainable waste management practices in the tourism industry. We actively seek startups that are developing innovative solutions to minimize waste generation, improve recycling and up cycling processes, and reduce the environmental impact of tourism-related activities.
Waste Management
We recognize the urgent need for sustainable waste management practices in the tourism industry. We actively seek startups that are developing innovative solutions to minimize waste generation, improve recycling and up cycling processes, and reduce the environmental impact of tourism-related activities.
Media
The tourism industry relies heavily on effective communication and media platforms to reach and engage travelers. We are interested in startups that are leveraging technology to enhance storytelling, digital marketing, content creation, and personalized experiences, enabling a deeper connection between travelers and destinations.
Media
The tourism industry relies heavily on effective communication and media platforms to reach and engage travelers. We are interested in startups that are leveraging technology to enhance storytelling, digital marketing, content creation, and personalized experiences, enabling a deeper connection between travelers and destinations.
Mobility
Seamless transportation and mobility solutions are essential for creating enjoyable and convenient travel experiences. We seek startups that are leveraging cutting-edge technologies such as artificial intelligence, Internet of Things (IoT), and mobility platforms to improve transportation efficiency, enhance connectivity, and create sustainable mobility options for travelers.
Mobility
Seamless transportation and mobility solutions are essential for creating enjoyable and convenient travel experiences. We seek startups that are leveraging cutting-edge technologies such as artificial intelligence, Internet of Things (IoT), and mobility platforms to improve transportation efficiency, enhance connectivity, and create sustainable mobility options for travelers.
Green Technology and Clean Tech
We actively support startups that are developing innovative green technologies and clean tech solutions specifically targeted at the tourism industry. These can include renewable energy solutions, energy-efficient infrastructure, sustainable water management systems, and other environmentally friendly technologies that help reduce the carbon footprint of travel and hospitality operations.
Green Technology and Clean Tech
We actively support startups that are developing innovative green technologies and clean tech solutions specifically targeted at the tourism industry. These can include renewable energy solutions, energy-efficient infrastructure, sustainable water management systems, and other environmentally friendly technologies that help reduce the carbon footprint of travel and hospitality operations.
Hospitality and Travel
We are interested in startups that are reimagining the hospitality and travel experiences. This can include technologies for efficient hotel operations, personalized guest services, smart room automation, contactless check-in/check-out processes, and other innovative solutions that enhance the overall guest experience while also prioritizing sustainability and environmental responsibility.
Hospitality and Travel
We are interested in startups that are reimagining the hospitality and travel experiences. This can include technologies for efficient hotel operations, personalized guest services, smart room automation, contactless check-in/check-out processes, and other innovative solutions that enhance the overall guest experience while also prioritizing sustainability and environmental responsibility.
Eligibility Criteria for Startups
Quantum of funding
- A startup, recognized by DPIIT, incorporated not more than 2 years ago at the time of
application - Startup must have a business idea to develop a product or a service with market fit,
viable commercialization, and scope of scaling - Startup should be using technology in its core product or service, or business model, or
distribution model, or methodology to solve the problem being targeted - Preference would be given to startups creating innovative solutions in biotechnology,
healthcare and allied applications in industrial sectors. - Startup should not have received more than Rs 10 lakh of monetary support under any
other Central or State Government scheme. This does not include prize money from
competitions and grand challenges, subsidized working space, founder monthly
allowance, access to labs, or access to prototyping facility - Shareholding by Indian promoters in the startup should be at least 51% at the time of
application to incubator for the scheme, as per Companies Act, 2013 and SEBI (ICDR)
Regulations, 2018 - Any startup will not receive seed support more than once each as per provisions of para
8.1 (i) and 8.1 (ii) respectively
- Up to Rs. 20 Lakhs as grant for validation of Proof of Concept, or prototype
development, or product trials. The grant shall be disbursed in milestone-based
instalments. - Up to Rs. 50 Lakhs of investment for market entry, commercialization, or scaling up
through convertible debentures or debt or debt-linked instruments
STARTUPS
Sr. No. | Startup Name | One Liner |
---|---|---|
1 | A2Wedtech Private Limited | Destination Wedding Made Affordable |
2 | Akvotransiro Tech Private Limited | Affordable Water Transport Solutions For Indian Waterways |
3 | Aumnatic Systems Private Limited | Design And Manufacture Electronics For Toys In India |
4 | Cognicue Analytics Private Limited | SaaS Platform For Emotional Quotient (EQ) |
5 | Funminds Learning Tech Private Limited | Robotics And Eq Education Through Gamification |
6 | Greenpod Labs Private Limited | Biotech-Based Packaging Sachet |
7 | Human Biogenesis Private Limited | SD Kit will detect the presence of semen in the vagina to help female customers decide whether to take morning after pill or not. |
8 | Kapha Ventures LLP | Sustainable Lifestyle Products For Skincare And Yoga |
9 | Lafabrica Craft Private Limited | Biodegradable Bags And Paper Products |
10 | Med Interventions And Beyond Private Limited | Patented Designs Of Masks |
11 | Mycraft Foods Private Limited | Revolutionizing the way of tea drinking |
12 | Protoezy Designs Private Limited | Marketplace To Compute Real Time Quotes For Manufacturers |
13 | Shubhakrut Sustainable Solutions Private Limited | Simplifying Compliance Management |
14 | Trishulavel Eshan Private Limited | Lithium-ion Battery Recycling |
15 | Ulavan Agri-Tech Services (OPC) Private Limited | Plucking and spraying services for tree based agriculture using precision smart drones |
FAQ’S
Proof of Concept
We provide financial aid and mentorship to startups in the early stages of ideation. Our aim is to help
entrepreneurs refine their concepts, conduct market research, and develop a robust proof of concept that
demonstrates the potential of their innovative solutions in the tourism industry.
entrepreneurs refine their concepts, conduct market research, and develop a robust proof of concept that
demonstrates the potential of their innovative solutions in the tourism industry.
Prototype Development
We support startups in the development of prototypes and minimum viable products (MVPs). Through financial
aid, technical expertise, and industry connections, we enable entrepreneurs to bring their innovative ideas to life,
building functional prototypes that can be tested and validated in real-world scenarios.
aid, technical expertise, and industry connections, we enable entrepreneurs to bring their innovative ideas to life,
building functional prototypes that can be tested and validated in real-world scenarios.
Product Trials
We believe in the importance of validating products and solutions in real-market conditions. We provide
financial support to startups for conducting product trials, gathering user feedback, and iterating on their offerings
to ensure they meet the needs and expectations of the tourism industry.
financial support to startups for conducting product trials, gathering user feedback, and iterating on their offerings
to ensure they meet the needs and expectations of the tourism industry.
Market Entry and Commercialization
We assist startups in scaling their operations and entering the market successfully. We provide seed funding and
strategic guidance to help entrepreneurs refine their go-to-market strategies, secure partnerships, and establish a
strong presence in the tourism industry.
strategic guidance to help entrepreneurs refine their go-to-market strategies, secure partnerships, and establish a
strong presence in the tourism industry.