AVISHKAR VENTURE STUDIO
By Centre for Innovation and Entrepreneurship (CIE), IIIT Hyderabad
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Quick Answer
6-month accelerator for Indian deeptech startups with MVP, offering up to 40L seed funding.
- Funding amount
- Up to ₹40L
- Funding type
- Grant
- Application deadline
- —
- Location
- Open to startups registered in India
Results & next round
Applications for this round are closed. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by Centre for Innovation and Entrepreneurship (CIE), IIIT Hyderabad. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this grant
The Avishkar Venture Studio is a six-month acceleration program designed to help emerging technology startups advance their growth. It is operated by CIE IIITH, the Centre for Innovation and Entrepreneurship at IIIT Hyderabad. CIE IIITH functions as a key center for deep technology innovation, recognized as a dedicated deep tech incubator. Its purpose is to actively enable and support startups by offering an ecosystem that includes technological assistance, tailored mentoring, and networking opportunities, all aimed at fostering growth. CIE IIITH has a strong track record of supporting deep tech ventures, leveraging the academic and research excellence of IIIT Hyderabad.
The program offers significant seed funding, where startups can potentially receive up to 40 Lakhs. The exact funding amount is decided based on the startup's development stage, the quality of its pitch deck, and the validation of its technology. This financial support is a primary benefit, intended to directly aid the startup's growth and development throughout the acceleration period.
In addition to monetary support, Avishkar provides comprehensive non-monetary assistance essential for deep tech ventures. This includes direct mentoring from IIITH professors and resident mentors, many with over a decade of experience guiding entrepreneurs. Startups also gain access to advanced facilities, such as prototyping and research labs, crucial for technological advancement and product development. The program also facilitates extensive networking opportunities through various events and offers essential cloud credits, enhancing operational and development capabilities for selected ventures.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Provider
Centre for Innovation and Entrepreneurship (CIE), IIIT HyderabadHyderabad · Telangana · India
The Centre for Innovation and Entrepreneurship (CIE) is the technology business incubator of IIIT Hyderabad, set up in 2008 and based on the university's campus at Vindhya C4, Gachibowli, Hyderabad. It was recognised as a Technology Business Incubator by the Department of…
Learn moreBenefits & Funding
- Amount
- Up to ₹40L
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
Up to 40 Lakhs in seed funding, along with technological assistance, tailored mentoring from IIITH professors and resident mentors, and extensive networking opportunities. Startups also gain access to advanced prototyping and research labs, and essential cloud credits to support their development.
- Duration
- 6 months
Timelines & Process
Avg. Processing
7 days
Selection Process
Applications are submitted online via Google Forms, followed by a thorough screening process. Shortlisted applicants are invited for an in-person pitching session to a panel of experts at the IIIT-H campus. Selected startups are notified within approximately one week.
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the selection process?
The application process involves an initial online submission, followed by screening. Shortlisted applicants will be invited to an in-person pitching session at IIIT-H, where they will present to a panel of experts. Selected startups are typically informed within a week.
Will my startup be eligible for any funding during the programme?
Yes, funding is a key offering. Seed funding could be up to 40 Lakhs, depending on the development stage, pitch deck quality, and tech validation. The disbursement is milestone-based.
Whom should I contact for any other queries?
For any further information, you can drop an email to cieoutreach@iiit.ac.in.
When will the cohort start?
A new cohort is conducted twice a year, and each cohort runs for six months. Specific start dates for upcoming cohorts will be announced by CIE IIITH.
Sources
Data on this page is compiled from official program and provider references.
