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Reviewed by the CreditCares advisory desk · 13 years in business finance · Last updated 10 July 2026

Seed funding for DPIIT-recognised startups.

The Startup India Seed Fund Scheme finances proof of concept, prototype development, product trials and market entry — through DPIIT-empanelled incubators.

₹20 L
Grant for validation & PoC
₹50 L
Debt / convertible for scaling
2 yrs
Max age of startup at application
Overview

Capital before the market believes you

Incubators evaluate and select startups, then disburse up to ₹20 lakh as a milestone-linked grant for validation, and up to ₹50 lakh as convertible debentures or debt for commercialisation and scaling.

The startup must be DPIIT-recognised, incorporated not more than 2 years prior, and must not have received more than ₹10 lakh support under any other central scheme.

At a glance
RouteDPIIT-empanelled incubators
Grant componentUp to ₹20 lakh, milestone-linked
Debt componentUp to ₹50 lakh, convertible/debt
Indian shareholdingMinimum 51%

Who is eligible?

  • DPIIT-recognised startup, incorporated ≤ 2 years ago
  • Business idea with market fit and scaling potential
  • Technology or innovation at the core of the offering
  • Not received > ₹10 lakh under another central scheme
  • Indian promoters holding at least 51%

Documents you'll need

  • DPIIT recognition certificate
  • Incorporation documents & cap table
  • Pitch deck and product / prototype details
  • Fund utilisation plan with milestones
  • Promoter KYC

Building a startup that needs seed capital? We map your profile to the right lenders, prepare a bank-ready file and coordinate until disbursal — at no upfront cost.

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