Your startup must:
- Be registered as a private limited company, a partnership firm, or a limited liability partnership in India.
- Maintain a functional office in India, even if you operate abroad (excluding technical support functions). This means you should have a headquarters or active operational office here.
Your startup must:
- Be founded within the last 10 years (established after March 2013).
- Have a turnover (revenue) of less than INR 100 crores in any of the previous financial years.
- Have a team of at least two people.
Your startup must use Deep Tech Technology in your product or service. This means it's based on:
- A new technology, scientific discovery, or complex engineering process.
- Be in the early stages of development, from a new startup to a company raising its first round of funding (Series A) or entering early commercialization (TRL 2/3 to TRL 8/9). (TRL stands for Technology Readiness Level, a measure of development.)
- Have evidence to support your claims, such as a scientific validation, proof of concept, or a prototype. This shows you are actively developing your deep tech solution.
Before applying, carefully consider the deep tech definition outlined above to ensure your solution qualifies.
Your startup must:
- Address a real-world problem in industry, society, or the environment, or create a completely new market opportunity.
- Be an independent company, not a subsidiary or spin-off of another company.
