Startup Grants and Funding Programs for Profit-Stage Startups in India — October 2026

As of October 2026, Indian profit-stage startups can access seven active programs offering various forms of support, including direct funding, incubation, and awards. Notable opportunities include the Iterative W27 Accelerator, TDB Project Funding, and the Odisha MSME SME Exchange Grant.

Funding for profit-stage startups in India typically focuses on growth capital, market expansion, and technology commercialization. Eligibility thresholds often require demonstrated revenue, established market presence, and clear plans for scalability or job creation, with a strong emphasis on operational viability and impact.

Active Programs for Profit-Stage Startups

Iterative W27 Accelerator 2027 (Iterative)

Iterative, a Southeast Asia-focused accelerator and venture investor, offers the Iterative W27 Accelerator 2027. This 12-week program supports high-potential startups targeting the Southeast Asian market, providing up to ₹4,75,00,000 in investment via a post-money SAFE.

The accelerator includes an initial 3-4 day in-person founder orientation, followed by a primarily remote curriculum. It is structured to support founders addressing large problems with venture-scale potential. For profit-stage startups, the program offers capital for expansion and strategic guidance for navigating the Southeast Asian market.

TDB Project Funding (Loan & Equity) (Technology Development Board (TDB))

The Technology Development Board (TDB) administers TDB Project Funding (Loan & Equity) to bridge the gap between innovative research and market-ready products. The TDB supports industrial concerns and agencies by providing financial assistance for technology development and commercialization projects.

Funding varies, aiming to encourage the commercial application of indigenously developed technology and the adaptation of imported technology for domestic use. Profit-stage startups can leverage this support for scaling up new products, processes, or applications that integrate advanced technology, facilitating market deployment.

Odisha MSME SME Exchange Grant (MSME Department, Government of Odisha)

Under the Odisha MSME Development Policy 2022, the MSME Department offers the Odisha MSME SME Exchange Grant. This incentive provides up to ₹10,00,000 to new enterprises in Odisha, assisting with the costs associated with public listing and equity fundraising on SME exchanges.

The program supports growth for MSMEs by facilitating access to broader capital markets for expansion and innovation. Profit-stage startups based in Odisha can benefit from this financial assistance to formalize their fundraising efforts and achieve significant scale.

Odisha Capital Investment Subsidy for Anchor Industry (MSME Department, Government of Odisha)

Anchor Industries in Odisha's food processing sector can access the Odisha Capital Investment Subsidy for Anchor Industry. This subsidy, part of the Odisha Food Processing Policy-2022, provides an additional capital investment subsidy of 5% of the investment made in plant and machinery, capped at ₹50,00,000.

Eligible enterprises must be defined as 'Anchor Industry' and make investments in food processing plant and machinery. This subsidy aims to encourage large-scale units to expand and adopt advanced production capabilities, driving growth and employment within the state.

Heat & Health Innovation Challenge 1.0 (Centre of Excellence on Climate & Health (CoE-CH))

The Centre of Excellence on Climate & Health (CoE-CH) presents the Heat & Health Innovation Challenge 1.0. This national initiative seeks to identify and accelerate innovations addressing heat and climate-health challenges across India. It offers awards of up to ₹1,00,000.

The challenge supports startups, MSMEs, corporate innovation teams, and non-profit organizations with validated and deployable solutions. Profit-stage startups in the climate-health sector can participate to gain validation, potential funding, and deployment opportunities for their solutions.

Odisha MSME State Awards (MSME Department, Government of Odisha)

Part of the Odisha MSME Development Policy 2022, the Odisha MSME State Awards program recognizes and financially incentivizes MSMEs that demonstrate exceptional performance and contribute to the state's economy. Awards are up to ₹1,51,000.

This annual scheme fosters a competitive entrepreneurial ecosystem in Odisha. Profit-stage MSMEs can use this platform to gain recognition, enhance their brand, and receive financial incentives for their achievements in innovation, quality, and productivity.

Innovations for Social Good and Better Bharat (ISGBB) (Capgemini)

Capgemini, in partnership with BharatCares and SRF Foundation, powers Innovations for Social Good and Better Bharat (ISGBB). This multi-state program supports startups, social enterprises, non-profit innovation organizations, and individual innovators with solutions at the MVP or growth stage.

ISGBB does not offer direct monetary funding but provides direct deployment opportunities to pilot and expand solutions in target communities and geographies. Participants receive strategic mentorship from industry experts, networking opportunities, and national visibility. For profit-stage social enterprises, this offers a pathway for market expansion and impact scaling without equity dilution.

Before Applying

Profit-stage startups should note specific eligibility criteria. Programs like the Odisha Capital Investment Subsidy require designation as an 'Anchor Industry' and investment in food processing plant and machinery within Odisha. The Odisha MSME SME Exchange Grant targets new enterprises in Odisha looking to raise capital via SME exchanges. The Iterative W27 Accelerator specifically focuses on startups with venture-scale potential targeting the Southeast Asian market.

Regarding timing, all programs listed operate on a rolling or unspecified deadline, allowing applications throughout the year. The Iterative W27 Accelerator, however, is a cohort-based program, implying specific intake periods even with rolling applications. The Odisha MSME State Awards are an annual scheme, meaning specific application windows will open each year. Innovations for Social Good and Better Bharat (ISGBB) does not provide direct monetary funding, focusing instead on deployment opportunities and mentorship.