
AIC Banasthali
Banasthali Vidyapith
बनस्थली विद्यापीठ, राजस्थान में अटल इनक्यूबेशन सेंटर — विज्ञान, प्रौद्योगिकी और डीप टेक में महिला-नेतृत्व वाले स्टार्टअप्स के लिए इनक्यूबेटर।
AIC Banasthali at a glance
| Part of | Banasthali Vidyapith |
|---|---|
| Established | 2017 |
| Address | Atal Incubation Centre, Banasthali Vidyapith, P.O. Banasthali Vidyapith, Rajasthan 304022 |
| Programmes | 12 standing programmes |
| Stages supported | Idea, Prototype, MVP, Early revenue, Growth |
| Fees | 6 of 8 programmes that state a policy are free |
| Equity | 4 of 5 programmes that state a policy take no equity |
| Official website | www.aicbanasthali.org |
| aic@banasthali.in |
Programs by AIC Banasthali
2 past programs · Filter all programs
आगे क्या?
यह काफ़ी पहले बंद हुआ था और हमें नहीं पता कि यह फिर चलेगा या नहीं। "मुझे बताएँ" दबाएँ, चलने पर हम ईमेल करेंगे।
आगे क्या?
यह काफ़ी पहले बंद हुआ था और हमें नहीं पता कि यह फिर चलेगा या नहीं। "मुझे बताएँ" दबाएँ, चलने पर हम ईमेल करेंगे।
Which AIC Banasthali programme fits you
12 programmes compared by who they are for, the stage they accept, how long they run and what they cost.
By stage
- Idea
- Incubation, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, DST NIDHI PRAYAS, GDC I-NITIATE, Fellowship Grant in Battery Energy, Women Entrepreneurship Development Program (WEDP), Banasthali Innovation Award
- Prototype
- Incubation, Banasthali Alumni Startup Incubation Program, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, DST NIDHI PRAYAS, Startup India Seed Fund Scheme, GDC I-NITIATE, Fellowship Grant in Battery Energy, Banasthali Innovation Award
- MVP
- Incubation, Banasthali Alumni Startup Incubation Program, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, NIDHI Seed Support Scheme, Startup India Seed Fund Scheme, MeitY SAMRIDH Accelerator Program, Fellowship Grant in Battery Energy
- Early revenue
- Incubation, Banasthali Alumni Startup Incubation Program, NIDHI Seed Support Scheme, Startup India Seed Fund Scheme, MeitY SAMRIDH Accelerator Program, Stanford Seed Spark Program
- Growth
- Incubation, NIDHI Seed Support Scheme, Stanford Seed Spark Program
| Programme | Best for | Stage | Duration | Format | Cost |
|---|---|---|---|---|---|
| Incubation | Women-led startups in science, technology and deep tech, at any stage | Idea – Growth | — | — | — |
| Banasthali Alumni Startup Incubation Program | Banasthali Vidyapith alumni running a startup at prototype, validation or early-growth stage | Prototype – Early revenue | 4 months | Hybrid | Paid |
| MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fundWith Ministry of Electronics and Information Technology (MeitY), Government of India | Women innovators with a technology idea at proof-of-concept or MVP stage | Idea – MVP | 1 year per award | — | Free, no equity |
| DST NIDHI PRAYASWith Department of Science & Technology (DST), Government of India | Women-led innovators at idea stage with a physical product to prototype | Idea – Prototype | — | — | Free, no equity |
| NIDHI Seed Support SchemeWith Department of Science & Technology (DST), Government of India | Women-led companies at MVP stage or beyond that have already been incubated here for three months | MVP – Growth | — | — | Free, takes equity |
| Startup India Seed Fund SchemeWith DPIIT, Government of India (Startup India) | Early-stage women-led startups needing seed funding | Prototype – Early revenue | — | — | Free |
| MeitY SAMRIDH Accelerator ProgramWith MeitY Startup Hub, Ministry of Electronics and Information Technology, Government of India | DPIIT-registered, woman-founded technology startups at MVP or early revenue that are raising | MVP – Early revenue | 4 months | — | — |
| GDC I-NITIATEWith Gopalakrishnan-Deshpande Centre for Innovation & Entrepreneurship (GDC), IIT Madras | Academic teams — co-founders plus a faculty lead — exploring commercialising their research | Idea – Prototype | 2 weeks | Hybrid | — |
| Stanford Seed Spark ProgramWith Stanford Graduate School of Business (Stanford Seed) | Full-time founders of registered, revenue-generating startups less than five years old | Early revenue – Growth | 5 months | Online | Paid, no equity |
| Fellowship Grant in Battery EnergyWith The Royal Norwegian Embassy in New Delhi, Innovation Norway, The Energy and Resources Institute (TERI), New Delhi | Indian innovators working on community battery energy storage with a Rajasthan connection | Idea – MVP | 6 months in two phases | Online | Free, no equity |
| Women Entrepreneurship Development Program (WEDP)With Department of Science and Technology (DST), Government of India | Banasthali Vidyapith students and research scholars with an early idea | Idea | 4 weeks | — | — |
| Banasthali Innovation Award | Banasthali Vidyapith faculty, research scholars, college students and school students | Idea – Prototype | — | In person | Free |
Track record
What AIC Banasthali reports about its portfolio.
These are the centre's own published figures and none is dated. They are also inconsistent: the homepage counters say 182 startups supported and 148 items of intellectual property generated, while a programme page says over 181 women-led startups, 117 of them funded, and 119 IPs. Both sources agree on more than 3,000 jobs created. The homepage counters only appear once the page's scripts run.
All figures self-reported — aicbanasthali.org, as of Sept 2026.
Programmes they run
Standing programmes at AIC Banasthali, separate from the funding calls above.
The centre runs its own incubation and five central government funding schemes, and hosts programmes designed by others — MeitY Startup Hub, the Gopalakrishnan-Deshpande Centre at IIT Madras, Stanford Graduate School of Business and the Royal Norwegian Embassy. Several of the listed programmes are past editions: every programme page shows an application-open button whether or not its stated deadline has passed, so read the timeline on the page rather than the button. A Credit Guarantee Scheme page also appears under funding support, but it only explains the national scheme and makes no claim about the centre's own role, so it is not listed here. Two campus-only activities, a student hackathon and a two-day merchandise-selling exercise, are also on the programmes page but are not founder programmes.
Incubation
IncubationThe centre's main incubation programme for women-led startups in science, technology and deep tech.
Best for: Women-led startups in science, technology and deep tech, at any stage
- Idea – Growth
What you get, who can apply and how to applyHide details
This is the way in for an outside founder. The centre invites applications from startups on a rolling basis and says startups across stages are encouraged to apply. It is also the door you have to come through before the NIDHI Seed Support Scheme, which requires three months of incubation here first.
What you get
- Mentorship from domain experts.
- Business support services.
- Market access through corporate and government connects.
- Funding opportunities from the centre and its investor network.
- Technology transfer, and help with regulatory work, compliance and certifications.
- Access to research labs at Banasthali Vidyapith, covering biotech, pharmacy, electronics, mechatronics and AI.
Who can apply
- Women-led startups. The centre says it solely supports women-led startups.
- Startups in science and technology or deep tech — biotechnology, life sciences, medtech, manufacturing, IoT.
- Startups at any stage.
How to apply: through the Apply Now button on the incubation page, which opens the centre's general application form. No deadline or intake dates are published, so it reads as rolling.
A four-month hybrid incubation programme for startups founded or co-founded by Banasthali Vidyapith alumni.
Best for: Banasthali Vidyapith alumni running a startup at prototype, validation or early-growth stage
- Prototype – Early revenue
- 4 months
- Hybrid
- Paid
What you get, who can apply and how to applyHide details
A once-a-year programme reserved for the university's own alumni. The intake published on the centre's page opened on 1 July 2026 and closed on 15 July 2026, with the programme running from early August to December 2026 — so it is between intakes unless a new one is announced.
What you get
- One-to-one mentorship with domain experts.
- Access to research facilities and faculty expertise at Banasthali.
- Co-working space.
- Support with intellectual property and technology commercialisation.
- Peer-to-peer learning and a founder community.
- Funding readiness support and the chance to pitch to investors.
- Continued support after the programme through the Banasthali entrepreneurial network.
Who can apply
- Startups, entrepreneurs and innovators who are alumni of Banasthali Vidyapith.
- Any sector.
- At prototype, validation or early-growth stage.
How it runs: hybrid — four physical sessions of two days each, usually on weekends, plus six virtual learning sessions and one-to-one mentoring. There is a programme fee.
How to apply: through the Apply Now button on the alumni incubation page when the next intake opens.
Grant and seed funding for women innovators taking a technology idea from concept to MVP, run with MeitY.
Best for: Women innovators with a technology idea at proof-of-concept or MVP stage
- Idea – MVP
- 1 year per award
- Free, no equity
- Grant support for selected startups
With Ministry of Electronics and Information Technology (MeitY), Government of India
What you get, who can apply and how to applyHide details
The centre runs the Technology Incubation and Development of Entrepreneurs (TIDE 2.0) programme in partnership with the Ministry of Electronics and Information Technology. It has two sub-tracks, each supporting two women innovators or startups a year over a one-year period.
What you get
- Entrepreneur-in-Residence: support to turn an idea into a proof of concept over a year.
- Seed fund: support to build a minimum viable product or commercialise, over a year.
- Mentoring, co-working space, incubation and acceleration support.
- Access to labs at Banasthali.
- Access to the centre's network and follow-on funding support.
Who can apply
- Women innovators and women-led startups.
- With a technology-based idea at proof-of-concept or MVP stage.
- Working in ICT-enabled areas such as healthcare, education, agriculture, environment, cleantech and clean energy.
How to apply: through the Apply Now button on the scheme page. No deadline is published; the page describes an annual cadence.
DST NIDHI PRAYAS
Grant schemeA prototyping grant with lab access for women-led innovators building a physical product.
Best for: Women-led innovators at idea stage with a physical product to prototype
- Idea – Prototype
- Free, no equity
- Grant support for selected startups
With Department of Science & Technology (DST), Government of India
What you get, who can apply and how to applyHide details
The centre says it is Rajasthan's first and only NIDHI PRAYAS centre supported by the Department of Science and Technology. PRAYAS is aimed at the gap between an idea and a working prototype, so it is for people who have not yet built the thing.
What you get
- A prototyping grant to develop a proof of concept, minimum viable product or ready product.
- Access to lab facilities at Banasthali.
- Physical infrastructure, technical guidance and business mentorship.
Who can apply
- Women-led innovators at idea stage.
- With a physical product offering that needs prototyping.
- Knowledge-based and technology-driven ideas.
How to apply: through the Apply Now button on the scheme page, which also links to the full eligibility criteria. Funded cohorts are listed by cycle — 2021-22, 2022-23 and 2024-25 — so it runs in rounds rather than continuously.
NIDHI Seed Support Scheme
Grant schemeEquity-based seed support from DST for women-led startups already incubated at the centre.
Best for: Women-led companies at MVP stage or beyond that have already been incubated here for three months
- MVP – Growth
- Free, takes equity
With Department of Science & Technology (DST), Government of India
What you get, who can apply and how to applyHide details
The centre's partnership with the Department of Science and Technology under the NIDHI Seed Support Scheme. It is the one route here where the centre takes a stake, and it is only open to startups already inside the incubator.
What you get
- Seed support for day-to-day operating costs and proof-of-concept studies.
- Hiring and professional consultancy.
- Mentoring, market research and IP costs.
- Validation studies or extra data needed to secure the next round.
- Gap or next-level funding in selected cases.
Who can apply
- A company registered in India, with at least three months of incubation at AIC Banasthali already completed.
- Indian promoters holding at least 51 per cent. Not for Indian subsidiaries of foreign companies; OCI and PIO holders count as Indian citizens.
- For seed support from this centre, the largest shareholding should be with women founders.
- Sector agnostic and stage agnostic, from MVP upwards. Primarily but not only science and technology startups.
How selection works: decisions are made by the centre's Seed Support Management Committee. Investment is made as equity or equity-linked instruments, and the centre places a board nominee director and/or observer.
How to apply: through the Apply Now button on the scheme page. Questions can go to aic@banasthali.in.
Startup India Seed Fund Scheme
Grant schemeDPIIT seed funding for early-stage women-led innovators, delivered through the centre.
Best for: Early-stage women-led startups needing seed funding
- Prototype – Early revenue
- Free
- Grant support for selected startups
With DPIIT, Government of India (Startup India)
What you get, who can apply and how to applyHide details
The centre says it is one of a few incubators in Rajasthan supported by the Startup India Seed Fund Scheme of DPIIT. The scheme covers proof of concept, prototype development, product trials, market entry and commercialisation.
What you get
- Seed funding to scale an early-stage venture.
Who can apply
- Early-stage women-led innovators, per the centre's stated objective for the scheme.
- The page links out to the scheme's own eligibility criteria rather than restating them, so read those before applying.
How to apply: through the Apply Now button on the scheme page. The page lists 22 startups funded so far.
MeitY SAMRIDH Accelerator Program
AcceleratorA four-month acceleration programme with MeitY Startup Hub for DPIIT-registered, woman-founded startups that are raising.
Best for: DPIIT-registered, woman-founded technology startups at MVP or early revenue that are raising
- MVP – Early revenue
- 4 months
With MeitY Startup Hub, Ministry of Electronics and Information Technology, Government of India
What you get, who can apply and how to applyHide details
Run with the MeitY Startup Hub under the Ministry of Electronics and Information Technology. It is built around getting a round closed, so it only makes sense if you are already in the market and raising.
What you get
- Expert diagnostic sessions on market research and product positioning.
- Mentoring by technology vertical.
- Legal help with IP, compliance and other matters.
- A shared platform for connected learning and networking.
- Weekly co-learning meets between the founders in the cohort.
- A demo day with venture capital and angel investors.
- Help negotiating and closing investment deals.
Who can apply
- DPIIT-registered startups.
- At least 51 per cent owned by Indian nationals and a woman founder.
- Technology and knowledge-based.
- At MVP or early-revenue stage.
- Looking to raise, or currently raising, investment.
How selection works: the programme's matching contribution is released only once the startup confirms a successful venture capital or angel fundraise. Focus areas are medtech, healthtech, cleantech and other emerging technologies.
How to apply: through the application button on the programme page. No dates are published, so check before you start.
GDC I-NITIATE
ProgrammeA two-week hybrid entrepreneurship immersion run with the Gopalakrishnan-Deshpande Centre at IIT Madras.
Best for: Academic teams — co-founders plus a faculty lead — exploring commercialising their research
- Idea – Prototype
- 2 weeks
- Hybrid
With Gopalakrishnan-Deshpande Centre for Innovation & Entrepreneurship (GDC), IIT Madras
What you get, who can apply and how to applyHide details
A programme for academics and researchers thinking about turning their work into a company, and for students in the same position. It deliberately starts before the business plan — with whether you are ready to be a founder at all.
What you get
- An online onboarding session.
- Three days of face-to-face workshops at Banasthali Vidyapith.
- An online webinar at the start of week two.
- Two or three online office hours per team with a GDC instructor.
- An online closing workshop on the final day.
- Coverage of entrepreneurial readiness, timing, business acumen, and how to identify and evaluate market opportunities.
Who can apply
- Teams only: at least two entrepreneur leads or co-founders, plus one faculty lead — a faculty member, scientist or principal investigator.
- The core team must have worked together for at least six months on the innovation or technology.
- Everyone is expected to attend all sessions and commit at least half their working hours across the 15 days.
- Participants are also expected to hold at least 20 conversations with experts and stakeholders during the programme, on top of desk research.
How to apply: through the application button on the programme page. The listed edition ran its campus workshop in late September 2026 and closed in early October 2026.
Stanford Seed Spark Program
ProgrammeA five-month part-time online course from Stanford Graduate School of Business, offered through the centre; the listed intake has closed.
Best for: Full-time founders of registered, revenue-generating startups less than five years old
- Early revenue – Growth
- 5 months
- Online
- Paid, no equity
With Stanford Graduate School of Business (Stanford Seed)
What you get, who can apply and how to applyHide details
An outside course the centre gives access to, rather than a programme it designs. The intake published on its page closed on 26 July 2026 and started on 21 August 2026, so it is between cohorts.
What you get
- Live expert sessions with global business leaders.
- Structured online learning modules.
- Peer huddles and founder networking.
- One-to-one mentoring and feedback from experienced business leaders.
Who can apply
- A founder or co-founder working full-time on the startup.
- A startup registered within the last five years.
- Revenue in the band the programme page specifies for the last twelve months.
How selection works: applications are reviewed after the closing date, admission status follows about a week later, and admitted founders pay the fee and are invited to orientation before the programme starts.
How to apply: through the application button on the programme page when the next intake opens. It is part-time, fully online and paid.
Fellowship Grant in Battery Energy
FellowshipA two-phase fellowship for community battery energy storage innovations in Rajasthan, run with the Royal Norwegian Embassy; applications closed in February 2025.
Best for: Indian innovators working on community battery energy storage with a Rajasthan connection
- Idea – MVP
- 6 months in two phases
- Online
- Free, no equity
- Grant support for selected startups
With The Royal Norwegian Embassy in New Delhi, Innovation Norway, The Energy and Resources Institute (TERI), New Delhi
What you get, who can apply and how to applyHide details
Run with the Royal Norwegian Embassy in New Delhi and Innovation Norway, with fellows hosted at an Atal Incubation Centre and at TERI in New Delhi. Applications closed on 25 February 2025, so this is a past round — the page is worth reading if you work in energy storage and want to know what the next one would look like.
What you get
- Phase one, three months: mentoring from the incubation centres and TERI on the Sustainable Development Goals, entrepreneurial skills and life skills. Mentoring is online, so no relocation is needed.
- Phase two, three months: an additional grant to develop a prototype, commercialise the innovation or implement it in the community.
- Twelve fellowships are awarded in total.
Who can apply
- Indian citizens aged 18 or over, with a valid PAN card.
- Innovators, entrepreneurs and researchers in energy storage; students and working professionals are eligible, and applicants from underserved regions are encouraged.
- Women innovators and startups are preferred; a man may be the co-founder.
- Open to all educational backgrounds.
- You must live in Rajasthan, currently work in the state, or have an idea already implemented there or implementable there.
- Ideas at MVP stage are given preference.
How selection works: at the end of phase one, candidates are judged on whether the innovation is useful and implementable for the local community, sustainable and environmentally friendly, contributes to the circular economy, and shows potential to commercialise or scale. Those who pass move to phase two.
A four-week entrepreneurship course for Banasthali Vidyapith students and research scholars, supported by DST; the listed edition closed in November 2024.
Best for: Banasthali Vidyapith students and research scholars with an early idea
- Idea
- 4 weeks
With Department of Science and Technology (DST), Government of India
What you get, who can apply and how to applyHide details
A campus programme, not an outside intake. The 2024-25 edition took applications until 27 November 2024 and announced its selection on 27 December 2024.
What you get
- Four weeks of teaching: entrepreneurship and startup fundamentals, idea generation and design thinking, the role of support agencies, pre-feasibility assessment, the lean canvas and business model canvas.
- Customer discovery with real interviews, marketing and market survey methods, goal setting and decision making, leadership and business communication, and team building.
- Intellectual property rights, commercialising technology from R&D institutions, book-keeping and accounts, break-even and balance sheets, loan formalities, taxes applicable to MSMEs and sources of funds.
- A final week working with mentors on a business model and plan, ending in a presentation and feedback.
Who can apply
- Students and research scholars of sciences, management and technology at Banasthali Vidyapith.
- Individually or as a team.
- Once enrolled, attendance at the whole programme and the assignments is mandatory.
How selection works: 40 ideas are chosen from all applications. There are two shortlisting rounds, with 50 to 60 shortlisted ideas each giving an elevator pitch in the second. Ideas are judged on social impact through technology, how well researched the idea is, business potential, market validation and the applicant's commitment to starting a venture.
Banasthali Innovation Award
CompetitionAn annual innovation award for Banasthali Vidyapith faculty, scholars, college students and school students; the 2025 edition closed in November 2025.
Best for: Banasthali Vidyapith faculty, research scholars, college students and school students
- Idea – Prototype
- In person
- Free
What you get, who can apply and how to applyHide details
A campus award run in three categories. The 2025 edition opened on 5 November 2025, closed on 20 November 2025 and ended with an award ceremony on 9 January 2026. Past winners and runners-up cannot re-enter the same idea, but may enter a new one.
What you get
- Recognition at a ceremony with the Vice Chancellor and external industry experts.
- Gift hampers for the winner, first runner-up and second runner-up in each category.
Who can apply
- Category A: faculty members of Banasthali Vidyapith. The innovation must be validated by a research publication, a patent, or customer validation or commercialisation.
- Category B: current students and research scholars of Banasthali Vidyapith. Validation can be a paper presentation, national or international recognition, an inter-university competition, a publication, a patent or customer validation.
- Category C: current school students of Banasthali Vidyapith, with a project, a model or an innovative idea.
How selection works: three rounds. An external panel of industry experts and senior academics shortlists the top 15 in each category. Mock presentations cut that to 10. The finalists present in person to the Vice Chancellor and an external jury, and the top three are picked. Entries are scored out of five on each of innovation and uniqueness, documentation and evidence, impact, solving a real-world problem, ease of use, and sustainability and resource efficiency.
Incubation tracks
The routes into AIC Banasthali, and what each one includes.
The main incubation track is open to women-led startups at any stage and is the route you must come through before applying for seed support. The alumni track is restricted to Banasthali Vidyapith alumni, is paid, and runs once a year.
| Track | Type | Space | Includes |
|---|---|---|---|
| IncubationFor women-led startups in science and technology or deep tech — biotechnology, life sciences, medtech, manufacturing, IoT. Startups across stages are encouraged to apply. Applications are rolling; no intake dates are published. | Resident incubation | — | Mentorship from domain experts, Business support services, Market access through corporate and government connects, Funding opportunities from the centre and its investor network, Technology transfer, regulatory, compliance and certifications, Access to research labs at Banasthali Vidyapith |
| Banasthali Alumni Startup Incubation ProgramOnly for startups founded or co-founded by Banasthali Vidyapith alumni, at prototype, validation or early-growth stage. Hybrid: four two-day physical sessions plus six virtual sessions and one-to-one mentoring. Paid, with one intake a year. | Pre-incubation | — | One-to-one mentorship with domain experts, Access to research facilities and faculty expertise at Banasthali, Co-working space, Intellectual property and technology commercialisation support, Peer-to-peer learning and founder community, Funding readiness support and investor pitching, Continued post-programme support |
Labs & facilities
Equipment and space on campus.
The labs belong to Banasthali Vidyapith and the centre gives incubated startups access to them; equipment is listed instrument by instrument and booked individually. The centre's incubation page also mentions electronics, mechatronics and AI labs, which do not appear on its own lab infrastructure pages — worth confirming before you rely on them.
Bioscience and biotechnology labs
Access via Banasthali Vidyapith
Instruments listed individually and bookable one by one: gradient PCR, real-time PCR (Rotor-Gene Q 2plex and Bio-Rad CFX96 Touch), atomic absorption spectroscopy, gas chromatography, HPLC with PDA detector, FTIR, Nikon Eclipse Ni-U upright research microscope and a trinocular research microscope, a dual PAM 100 photosynthetic analyser, a lyophiliser, a growth chamber, a greenhouse with containment facility and a 10-litre fermenter.
Physical science instruments
Access via Banasthali Vidyapith
Slot die coater, D33 meter, RF/DC sputtering, Raman imaging microscope and XRD.
Chemistry labs
Access via Banasthali Vidyapith
Listed as one of the four lab areas startups can book through the centre.
Pharmacy labs
Access via Banasthali Vidyapith
Listed as one of the four lab areas startups can book through the centre.
Co-working space
Offered to startups on the TIDE 2.0 scheme and on the alumni incubation programme.
Support services
Help offered alongside funding and space.
IP and technology commercialisation run through external partners rather than in-house staff. General enquiries go to aic@banasthali.in.
IP & patents
IP support through two named partners, SwaSh Legal Consultants and C-CAMP. Legal help with IP and compliance is also part of the SAMRIDH accelerator.
Technology transfer
Technology transfer support in the incubation programme; C-CAMP handles technology sourcing, scouting potential licensees, technology marketing and techno-commercial analysis.
Regulatory support
Regulatory, compliance and certification support for incubated startups.
Clinical trial support
The centre's regulatory services cover clinical trials and pre-clinical work.
Business advisory
Mentorship from domain experts, business support services and customised programmes.
Market access
Market access through corporate and government connects, plus a demo day and investor introductions on the SAMRIDH accelerator.
Recognitions & empanelments
Official approvals this incubator holds.
The centre is named an Atal Incubation Centre throughout its own site and its CEO's profile says the incubator is supported by NITI Aayog, but no page states a funding period, so whether that support is current cannot be told from the site. Its MeitY, DST and DPIIT scheme roles are each stated in words on the relevant scheme page, and each of those pages lists the startups funded under it.
Atal Incubation Centre (NITI Aayog)
The centre is named an Atal Incubation Centre across its own site and its CEO's profile says the incubator is supported by NITI Aayog. No page states a sanction year or funding period, so whether Atal Innovation Mission support is current cannot be determined from the site.
MeitY TIDE 2.0
The centre says it partnered with the Ministry of Electronics and Information Technology to set up the TIDE 2.0 programme, and lists the startups funded under it.
MeitY SAMRIDH
Runs the SAMRIDH acceleration programme with the MeitY Startup Hub, and lists eight startups supported under it.
DST NIDHI PRAYAS centre
The centre says it is Rajasthan's first and only NIDHI PRAYAS centre supported by DST, and lists funded cohorts for 2021-22, 2022-23 and 2024-25.
DST NIDHI Seed Support Scheme
Partnered with the Department of Science & Technology to provide seed support; investments are made as equity or equity-linked instruments.
Startup India Seed Fund Scheme
The centre says it is one of a few incubators in Rajasthan supported by the DPIIT Startup India Seed Fund Scheme, and lists 22 startups funded through it.
How to apply to AIC Banasthali
Check the gate before you write anything
AIC Banasthali supports women-led startups. Almost every route in states this — the incubation page says the centre solely supports women-led startups, TIDE 2.0 asks for a woman innovator or startup, NIDHI PRAYAS for women-led innovators, the seed fund route for early-stage women-led innovators, and SAMRIDH for a company at least 51 per cent owned by Indian nationals and a woman founder. If your company does not fit that, the two exceptions on the site are the Stanford Seed Spark course and the GDC I-NITIATE immersion, which set no gender condition on their own pages, and the battery energy fellowship, which prefers women applicants and allows a man as co-founder.
Pick the right route
- You have an idea and need to reach a proof of concept: TIDE 2.0's Entrepreneur-in-Residence track.
- You have a physical product idea and need to build a prototype: the DST NIDHI PRAYAS centre, which pairs the grant with lab access.
- You have a proof of concept and need to get to an MVP or to market: TIDE 2.0's seed fund track, or the Startup India Seed Fund Scheme.
- You are already incubated here and raising: the NIDHI Seed Support Scheme.
- You are DPIIT-registered, at MVP or early revenue, and raising now: the SAMRIDH accelerator.
- You studied at Banasthali Vidyapith: the four-month alumni incubation programme, which is hybrid, paid and runs one intake a year.
- You are a Banasthali student, scholar or faculty member: WEDP and the Banasthali Innovation Award.
How applications work
The Apply Now buttons across the site all open the same general application form, so start there unless a programme page names a different one. The seed support scheme also gives an email address for questions, and the general enquiry address is aic@banasthali.in.
One thing to watch: every programme page shows an application-open button whether or not the stated deadline has passed. Read the timeline table on the page rather than the button. Some of the listed programmes closed in 2024 and 2025.
What the schemes ask for
- Incorporation: the NIDHI Seed Support Scheme requires a company registered in India, with Indian promoters holding at least 51 per cent and the largest shareholding with women founders. SAMRIDH requires DPIIT registration. Stanford Seed Spark requires a startup registered within the last five years.
- Prior incubation: seed support requires at least three months of incubation at AIC Banasthali first, so plan to come in through the incubation programme before you apply for it.
- Equity: the seed support route invests as equity or equity-linked instruments and places a board nominee director and/or observer. The other schemes are described as grants and seed funding with no equity mentioned.
- Location: the battery energy fellowship requires you to live or work in Rajasthan, or to have an idea implemented or implementable there.
What reviewers look for
The Banasthali Innovation Award publishes its scoring, and it is the clearest signal the centre gives about how it judges an innovation: innovation and uniqueness, documentation and evidence, impact, whether it solves a real-world problem, ease of use, and sustainability and resource efficiency. Its shortlisting runs in three rounds — an external panel picks a top 15 per category, mock presentations cut that to 10, and the finalists present in person to a jury.
For the programmes aimed at ideas rather than companies, expect a similar shape. WEDP shortlisted in two rounds with an elevator pitch in the second, and judged on social impact through technology, how well-researched the idea was, business potential, evidence of market validation and the applicant's commitment to actually starting up.
Be ready to use the labs
The strongest thing on offer here is instrument access at Banasthali Vidyapith — PCR and real-time PCR, HPLC, atomic absorption spectroscopy, gas chromatography, FTIR, XRD, sputtering, a Raman imaging microscope, a greenhouse with containment and a fermenter, among others, each bookable individually. If your product needs lab work, say which instruments you need and why in your application; it is the part of the offer the centre documents in most detail.
About AIC Banasthali
AIC Banasthali is the Atal Incubation Centre at Banasthali Vidyapith in Rajasthan, on the university campus at Banasthali, PIN 304022. Its own pages say it was set up in 2017 and that it supports women-led startups only. It works mainly with science, technology and deep-tech ventures — biotechnology, life sciences, medtech, manufacturing and IoT — and runs several central government funding schemes for them.
Banasthali Vidyapith, the host, is a residential university for women. That is the reason for the centre's focus, but the two are separate: the labs and faculty belong to the university, and the incubation programmes, the funding schemes and the mentoring are the centre's own.
Who can apply
The incubation programme is open to women-led startups, and the centre says startups across stages are encouraged to apply. Its funding schemes carry the same gate in different words. The MeitY TIDE 2.0 scheme is for women innovators and startups with a technology-based idea at proof-of-concept or MVP stage. The DST NIDHI PRAYAS centre supports women-led innovators with a physical product who need to build a prototype. The Startup India Seed Fund Scheme route is for early-stage women-led innovators. The MeitY SAMRIDH accelerator asks that at least 51 per cent of the company be owned by Indian nationals and a woman founder, that the startup be registered with DPIIT, and that it be at MVP or early-revenue stage and already raising investment.
The NIDHI Seed Support Scheme has the strictest terms. The applicant must be a company registered in India that has already spent at least three months in incubation at the centre, Indian promoters must hold at least 51 per cent, and for seed support from AIC Banasthali the largest shareholding should sit with women founders. Indian subsidiaries of foreign companies are excluded. This is the one route where the centre takes equity: investments are made as equity or equity-linked instruments, with a board nominee director and/or observer from the centre, and decisions are made by its Seed Support Management Committee.
Not every programme is women-only. The battery energy fellowship run with the Royal Norwegian Embassy says women innovators and startups are preferred and that a man may be the co-founder, and it is tied to Rajasthan — applicants must live or work in the state, or have an idea that is implemented or implementable there. The Stanford Seed Spark course and the GDC I-NITIATE immersion set no gender condition on their own pages.
A second group of programmes is for the campus rather than for outside founders. The Banasthali Alumni Startup Incubation Program takes only startups founded or co-founded by Banasthali Vidyapith alumni. WEDP is for the university's own students and research scholars. The Banasthali Innovation Award is for its faculty, scholars, college students and school students.
Programmes and funding
The centre runs a general incubation programme and five named government schemes: MeitY TIDE 2.0, MeitY SAMRIDH, DST NIDHI PRAYAS, the DST NIDHI Seed Support Scheme and the DPIIT Startup India Seed Fund Scheme. It says it is Rajasthan's first and only NIDHI PRAYAS centre supported by DST, and one of a few incubators in the state supported by the Startup India Seed Fund Scheme.
TIDE 2.0 has two sub-tracks, an Entrepreneur-in-Residence grant for taking an idea to proof of concept and a seed fund for building an MVP or commercialising. Each supports two women innovators or startups a year over a one-year period. NIDHI PRAYAS is a prototyping grant with lab access attached, and its page lists funded cohorts for 2021-22, 2022-23 and 2024-25. The Startup India Seed Fund page lists 22 startups it has backed; the NIDHI Seed Support page lists seven; the SAMRIDH page lists eight.
Alongside these, the centre brings in outside programmes. SAMRIDH is a four-month acceleration programme run with the MeitY Startup Hub, ending in a demo day and help closing an investment round. GDC I-NITIATE is a two-week hybrid immersion with the Gopalakrishnan-Deshpande Centre at IIT Madras, for teams of at least two co-founders and one faculty lead who have worked together for six months. Stanford Seed Spark is a five-month part-time online course designed by Stanford Graduate School of Business, for founders working full-time on a registered, revenue-generating startup less than five years old; it is paid, and the last intake closed in July 2026.
Facilities and support
Incubated startups get access to research labs at Banasthali Vidyapith. The centre's lab infrastructure pages cover four areas — bioscience and biotechnology, chemistry, physical science and pharmacy — and list individual instruments that can be booked one by one, among them gradient and real-time PCR systems, atomic absorption spectroscopy, gas chromatography, HPLC systems, FTIR, research microscopes, a lyophiliser, a growth chamber, a greenhouse with containment, a fermenter, XRD, RF/DC sputtering, a Raman imaging microscope and a slot die coater. The centre's prose also mentions electronics, mechatronics and AI labs, which the lab pages themselves do not list.
Beyond equipment, the centre lists co-working space, mentoring from domain experts, business support services, market access through corporate and government connects, technology transfer, and help with regulatory work, compliance and certifications. Its regulatory services page covers clinical trials and pre-clinical work. IP support runs through two named partners, SwaSh Legal Consultants and C-CAMP, the latter for technology sourcing, finding licensees and techno-commercial analysis. A student entrepreneurship cell, E-Cell, runs events and a build club on campus.
Track record
The centre's own figures are not consistent between pages. Its homepage counters report 182 startups supported, more than 3,000 jobs created, 136 micro entrepreneurs supported and 148 items of intellectual property generated. A programme page instead says more than 181 women-led startups supported, 117 of them funded, 119 IPs registered and more than 3,000 jobs created. Both are self-reported and neither is dated.
Named startups on its scheme pages include Greens & More, Strawcture, S4S Technologies, Gladful, Angirus, MeMeraki, Genomiki Solutions, Easiofy Solutions, AI-GENIX, KNP Greens Arises, Karban Envirotech, Trebirth, Blinq Mobility, Airbuddy Aerospace and Aviotron Aerospace.
Who runs it
Dr. Abhishek Pareek is the Chief Executive Officer; he also heads the Entrepreneurship Cell at Banasthali. Dr. Latika Dhuria is Assistant Vice President and Binny Khanna is Senior Program Manager. Prof. Sudha Shastri and Prof. Jaya Dwivedi are named as Directors of the centre. The advisory board includes Prof. Ina Aditya Shastri, Vice Chancellor of Banasthali Vidyapith, along with Poyni Bhatt, Kurush Irani of Bajaj Finserv, Rajiv Kumar Jain, Sruthi Kannan of NatWest Group and Shivangi Bhubna, formerly of 360 One Asset.
How to apply and careers
There is one general application form behind the Apply Now buttons across the site, including on the incubation page, and the individual schemes use it too. The Banasthali Innovation Award uses its own forms. The centre has a careers page which has carried a Programs and Partnerships role, with an application form on the page itself.
Get in touch
Send a message to AIC Banasthali — we'll forward it on your behalf.
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The team
Dr. Abhishek Pareek
Chief Executive Officer; also Head of the Entrepreneurship Cell at Banasthali Vidyapith
Dr. Latika Dhuria
Assistant Vice President
Binny Khanna
Senior Program Manager
Ms. Sanskriti Sharma
Incubation Executive
Prof. Sudha Shastri
Director, AIC Banasthali; Treasurer, Banasthali Vidyapith Society
Prof. Jaya Dwivedi
Director, AIC Banasthali
Prof. Ina Aditya Shastri
Advisory board; Vice Chancellor, Banasthali Vidyapith
Ms. Poyni Bhatt
Advisory board
Mr. Kurush Irani
Advisory board; Group Head of CSR, Bajaj Finserv
Mr. Rajiv Kumar Jain
Advisory board
Ms. Sruthi Kannan
Advisory board; Senior Director of Strategy & Innovation, NatWest Group
Ms. Shivangi Bhubna
Advisory board; formerly Executive Vice President, 360 One Asset
Prof. Dipjyoti Chakraborty
Advisory board; Dean of R&D, Banasthali Vidyapith
Prof. Harsh Purohit
Advisory board; Dean, Faculty of Management Studies and Faculty of Law, Banasthali Vidyapith
Frequently asked questions about AIC Banasthali
What does AIC Banasthali do?
AIC Banasthali is the Atal Incubation Centre at Banasthali Vidyapith in Rajasthan, on the university campus at Banasthali, PIN 304022. Its own pages say it was set up in 2017 and that it supports women-led startups only.
Where is AIC Banasthali located?
AIC Banasthali is located at Atal Incubation Centre, Banasthali Vidyapith, P.O. Banasthali Vidyapith, Rajasthan 304022.
What programs does AIC Banasthali run?
AIC Banasthali runs Incubation, Banasthali Alumni Startup Incubation Program, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund and DST NIDHI PRAYAS, among others.
Which AIC Banasthali programme should I apply to?
It depends on how far along your startup is. Idea stage: Incubation, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, DST NIDHI PRAYAS and GDC I-NITIATE and others. Prototype stage: Incubation, Banasthali Alumni Startup Incubation Program, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund and DST NIDHI PRAYAS and others. MVP stage: Incubation, Banasthali Alumni Startup Incubation Program, MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund and NIDHI Seed Support Scheme and others. Early revenue stage: Incubation, Banasthali Alumni Startup Incubation Program, NIDHI Seed Support Scheme and Startup India Seed Fund Scheme and others. Growth stage: Incubation, NIDHI Seed Support Scheme and Stanford Seed Spark Program. Check the programme's own eligibility before applying — several programmes are sector-specific.
Do AIC Banasthali programmes charge a fee?
Most do not. MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, DST NIDHI PRAYAS, NIDHI Seed Support Scheme, Startup India Seed Fund Scheme and Fellowship Grant in Battery Energy are free to join, while Banasthali Alumni Startup Incubation Program and Stanford Seed Spark Program charge a fee.
Does AIC Banasthali take equity?
It depends on the programme. MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, DST NIDHI PRAYAS, Stanford Seed Spark Program and Fellowship Grant in Battery Energy take no equity, while NIDHI Seed Support Scheme takes equity.
Does AIC Banasthali provide funding?
Selected startups in some AIC Banasthali programmes can receive grant support, including MeitY TIDE 2.0 — Entrepreneur-in-Residence grant and seed fund, DST NIDHI PRAYAS, Startup India Seed Fund Scheme and Fellowship Grant in Battery Energy. Grant amounts are set per programme and cohort, and selection into a programme does not guarantee a grant — check the programme's own page for current terms.
What sectors does AIC Banasthali support?
AIC Banasthali works with startups in DeepTech, Healthtech, Agritech, EdTech, Social Impact and CleanTech.
What stage of startup does AIC Banasthali support?
AIC Banasthali supports startups at the Ideation, Validation and Early Revenue stages.
What facilities does AIC Banasthali offer?
AIC Banasthali offers Co-working space. Incubatees also get access to Bioscience and biotechnology labs, Physical science instruments, Chemistry labs and Pharmacy labs through its host institution.
Is AIC Banasthali government recognised?
AIC Banasthali holds the following recognitions and affiliations: Atal Incubation Centre (NITI Aayog), MeitY TIDE 2.0, MeitY SAMRIDH, DST NIDHI PRAYAS centre, DST NIDHI Seed Support Scheme and Startup India Seed Fund Scheme.
How do I apply to AIC Banasthali?
AIC Banasthali supports women-led startups. Almost every route in states this — the incubation page says the centre solely supports women-led startups, TIDE 2.0 asks for a woman innovator or startup, NIDHI PRAYAS for women-led innovators, the seed fund route for early-stage women-led innovators, and SAMRIDH for a company at least 51 per cent owned by Indian nationals and a woman founder.
Who runs AIC Banasthali?
Dr. Abhishek Pareek (Chief Executive Officer; also Head of the Entrepreneurship Cell at Banasthali Vidyapith), Prof. Sudha Shastri (Director, AIC Banasthali; Treasurer, Banasthali Vidyapith Society) and Prof. Jaya Dwivedi (Director, AIC Banasthali).
Who is the CEO of AIC Banasthali?
Dr. Abhishek Pareek is the CEO of AIC Banasthali.
When was AIC Banasthali founded?
AIC Banasthali was founded in 2017. It operates as an academic.
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