MeitY GENESIS Matching Fund

The GENESIS matching fund tops up a raise that has already landed. AIC ISB is a programme partner for it. The last call closed on 30 October 2025, so this one is between intakes.

One thing to settle before you apply: the programme page describes the support as a one-for-one matching grant in one place and states that the funding instrument is equity in another. Ask AIC ISB which applies to the current call before you plan around it.

What you get

• A one-for-one match against external funds you have already received
• Access to mentorship, networks and resources through AIC ISB as programme partner

Who can apply

• A registered Indian Private Limited company with at least 51% Indian ownership
• Registered in a Tier-II or Tier-III city — this is mandatory
• A valid DPIIT certificate
• A market-ready product, preferably already generating revenue
• Working on a tech-based product or software in deep tech, AI or ML, cybersecurity, IoT, blockchain, fintech, edtech or healthtech
• Not involved in any legal disputes, and not previously supported under TIDE 2.0 (Scale-up) or SAMRIDH
• The raise you are matching must already be in your bank account. Commitments and signed term sheets do not count, government grants do not count, and a convertible debenture does not count — it has to be an equity instrument
• Startups with granted patents are preferred

How to apply: through the application form linked from the programme page when the next call opens. Questions go to contact@aicisb.org.