MeitY GENESIS Matching Fund

The GENESIS-Matching Fund Program empowers entrepreneurs to scale by providing a matching fund contribution of up to ₹50 Lakhs to startups that have raised capital from institutional investors. Funding is a 1:1 matching grant ranging from up to 50 lakhs based on external funds raised (government grants are not considered). The funding instrument is equity. Focus Areas: Tech-based products/software in domains like Deep-tech, AI/ML, Cybersecurity, IoT, Blockchain, Fintech, Ed-tech, or Health-tech. Eligibility Criteria: Must be a registered Indian entity (Private Limited Company) with at least 51% Indian ownership, registered in a Tier-II or Tier-III city, have a valid DPIIT certificate, have a market-ready product and preferably be revenue-generating, preferably have granted patents, not be involved in any legal disputes, and cannot be a startup previously supported under the TIDE 2.0 (Scale up) or Samridh schemes. Only funds received from institutional investors are considered eligible; government grants are not counted as matching funds. Startups must have actually received the funds in their bank account from institutional investors.