DISHA 2.0 Grand Challenge for Digital Healthcare at IITI DRISHTI CPS Foundation

IITI DRISHTI CPS Foundation

Details

Amount

₹25,00,000 - ₹2,00,00,000

Deadline

October 31, 2025

Provider

IITI DRISHTI CPS Foundation

About this Opportunity

The DISHA 2.0 (Developing Innovations for Successful Harnessing and Adoption) Grand Challenge is an initiative by IITI DRISHTI CPS Foundation (a Section 8, TTRP at IIT Indore) to accelerate the commercialization of deep-tech innovations in the Digital Healthcare domain.

Building on the success of DISHA 1.0, this program aims to identify, fund, and mentor innovations to aid in their journey from research (academic IP) to market-ready products and successful startup creation.

Financial Support (Non-negotiable Quantum decided by External Investment Committee):

Applicant TypeStageFunding Support
Projects (Academia)TRL 3-5Up to ₹25 Lacs
Projects (Academia)TRL 5-6Up to ₹50 Lacs
Projects (Academia)TRL 6 and beyondUp to ₹100 Lacs
StartupsPrototyping to validationUp to ₹25 Lacs
StartupsMVP to Early TractionUp to ₹50 Lacs
StartupsRevenue & Growth StageUp to ₹200 Lacs

Other Offerings: Technical and business mentoring, assistance with IP filing, high-value equipment procurement support (ownership vests with DRISHTI CPS), and connections for technology pilots. The support is for 1 year, extendable up to 6 months.

Eligibility

  • Target Group: Faculty, researchers, and students from Higher Education Institutes (HEIs) across India who want to commercialize their technology by creating spin-off startups, OR existing DPIIT-registered Deeptech Startups working under the aegis of Digital Healthcare.

  • Technology Focus: Innovative technologies in Cyber-Physical Systems (CPS) within Digital Healthcare.

  • Innovators and startups must have a market-ready product or some early traction. Higher TRL/Market Ready Technologies seeking validation and commercialization support will be preferred. (TRL 3 is the entry stage for DISHA 1.0, implying 3+ is preferred for 2.0).

  • Incorporation/Ownership:

    • Startups must be registered with Startup India and have a valid DPIIT registration before fund transfer.
    • Minimum 51% of the company's shares must be held by Indian Citizens (excluding PIO and OCI holders).

  • Equity transfer (1% to 5%) and revenue-sharing/royalty agreements with IITI DRISHTI CPS Foundation are mandatory.

Application Process

  1. Phase 1: Proposal Submission: Submit a concept presentation/pitch deck (as per the format provided in the application form) detailing the problem, innovation, TRL, market, and commercialization strategy.
  2. Phase 2 & 3: Presentations & Reviews: Initial presentation to internal reviewers, followed by a Technical Presentation to Internal and External Domain Experts.
  3. Phase 4: External Investment Committee (EIC) Meeting: Final evaluation and presentation for the EIC, which decides the non-negotiable quantum of financial support.
  4. Phase 5: Due Diligence & Documentation: Signing of agreements (including the Incubation cum Equity Agreement for startups and Sanction Letter for projects).
  5. Phase 7: Fund Disbursement: Funds are transferred to the Host Institute’s account (for projects) or directly to the startup’s bank account (for startups) on a milestone-based schedule.
  6. Reporting: Mandatory quarterly progress reports and participation in scheduled evaluations.
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