Excelium-SINE DeepTech Innovation Grant Program
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Quick Answer
An early-stage product development and validation grant of up to ₹20 Lakhs for DeepTech startups at TRL 4+ in partnership with Excelium Technologies.
- Funding amount
- Up to ₹20L
- Funding type
- Grant
- Provider
- SINE, IIT Bombay
- Application deadline
- Closed
- Eligible stage
- Product
- Location
- Open to startups registered in India
- Registrations needed
- DPIIT recognition, Private Limited company registration
Results & next round
Applications for this round closed on 16 July 2026. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by SINE, IIT Bombay. 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 Society for Innovation and Entrepreneurship (SINE) at IIT Bombay has partnered with Excelium Technologies to launch the Excelium-SINE DeepTech Innovation Grant Program. This initiative, powered by SINE through a CSR Grant, is specifically designed to support early-stage deeptech startups engaged in product development and validation. The program focuses on innovations at Technology Readiness Level (TRL) 4 and above. It aims to provide structured grant funding and critical ecosystem support to promising deeptech ventures. By offering milestone-based funding, SINE and Excelium seek to accelerate the journey from advanced prototype to market-ready solution, fostering a robust environment for technological breakthroughs.
This program is crucial for deeptech startups that require significant capital and time for R&D and validation before commercialization. It addresses the funding gap often faced by such ventures, enabling them to de-risk their technologies and build viable products. Beyond financial aid, the program offers a holistic support system including access to institutional resources, technical expertise, and a network of mentors and industry stakeholders. This comprehensive approach is designed to not only fund but also nurture startups, enhancing their chances of success and facilitating engagement with potential investors and partners in the broader innovation ecosystem.
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
The Society for Innovation and Entrepreneurship (SINE) is the technology business incubator at IIT Bombay, based on the fifth floor of the RBTIC Building on the Powai campus in Mumbai. Formed as a society in 2004, it is recognised by the Department of Science and Technology as a…
Learn moreBenefits & Funding
- Amount
- Up to ₹20L
- Fund type
- Grant
- Equity
- Equity-free
- Repayment
- Non-repayable
What You Get
The Excelium-SINE DeepTech Innovation Grant Program provides non-repayable grant funding of up to ₹20 Lakhs for a tenure of 6 months. This funding is disbursed in tranches, based on the achievement of mutually agreed project milestones, ensuring focused product development and validation. Beyond the direct financial support, startups gain access to SINE's robust institutional and technical infrastructure, mentorship from IIT Bombay faculty and industry experts, and critical ecosystem support. This includes opportunities for in-house testing, trials, and guidance on regulatory approvals, culminating in enhanced engagement with investors and key ecosystem stakeholders to facilitate commercialisation.
- Disbursement
- Tranched
- Duration
- 6 months
- Funding source
- CSR funded
- Bootstrap friendly
- Yes
Timelines & Process
Selection Process
Applications are rigorously reviewed by a selection committee comprising experts from SINE, IIT Bombay, and industry partners. The evaluation focuses on the innovativeness and deeptech nature of the solution, the Technology Readiness Level (TRL 4+), the potential for commercialisation, the clarity of the product development roadmap, and the strength of the founding team. Shortlisted startups may be invited for detailed interviews or a pitch presentation to demonstrate their progress and vision. The committee's decision is final and binding.
Application Process
- 1
Apply Online
Submit your application through the SINE online portal with all required documents.
You - 2
- 3
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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
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 3
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 4
Submit on the official portal
Use the official application link and verify all details before final submission.
- 5
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
What is the Excelium-SINE DeepTech Innovation Grant Program?
It is a CSR-funded grant program by SINE (IIT Bombay) in partnership with Excelium Technologies, providing financial and ecosystem support to early-stage deeptech startups for product development and validation.
What is the maximum funding available?
Eligible startups can receive up to ₹20 Lakhs in grant funding, disbursed in tranches based on project milestones.
What kind of startups are eligible?
The program is open to Private Limited companies registered in India with a majority Indian shareholding and DPIIT recognition. Startups must be working in DeepTech, with solutions at Technology Readiness Level (TRL) 4 or above, and have a clear commercialisation roadmap.
How can the grant funds be used?
The funding can be broadly utilised for product development, in-house testing and trials, obtaining regulatory approvals, field trials, and product deployment.
What is the program duration?
The grant program has a tenure of 6 months, during which startups are expected to achieve their agreed-upon product development and validation milestones.
Is DPIIT recognition mandatory?
Yes, applicants must be registered with DPIIT (Department for Promotion of Industry and Internal Trade) to be eligible for this grant program.
Sources
Data on this page is compiled from official program and provider references.
