FundingSupport amount varies
Equity-free MVP / Prototype Fintech DPIIT
ClosesJun 18, 2026
Closed Equity Funding
FITT IIT Delhi , BIRAC LEAP Fund for Biotech & MedTech Startups
Up to Rs. 70L equity funding for biotech & medtech startups
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
- Biotech or medtech Pvt Ltd startups at product or revenue stage backed by BIRAC and IIT Delhi.
About this scheme
The LEAP Fund is a flagship funding initiative supported by BIRAC and administered through the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi. It is designed to support high-potential startups operating in the biotechnology and healthcare sectors that have progressed beyond early-stage validation and are preparing for pilot deployment or early commercialization. The program specifically focuses on startups building innovative, IP-driven solutions that address critical unmet needs in healthcare and life sciences.
The fund provides equity-linked investment of up to Rs. 70 lakh, acting as a crucial bridge between proof-of-concept and market entry. This capital support enables startups to refine their products, conduct validation studies, navigate regulatory pathways, and accelerate commercialization timelines. The structure of the funding ensures alignment with long-term growth, as it is tied to the startup's equity and future potential rather than being a non-dilutive grant.
In addition to financial support, selected startups gain access to IIT Delhi's deep innovation ecosystem. This includes co-working spaces and advanced laboratory infrastructure, along with mentorship from experienced academicians, clinicians, and industry experts. Startups also receive guidance on regulatory compliance, clinical validation, intellectual property strategy, and business model development, all of which are critical for healthcare ventures.
Who can apply
- Startups must operate in biotechnology, healthcare, diagnostics, biopharma, bioprinting, personalized medicine, or tissue engineering sectors
- Must be developing novel, IP-driven products; service-based or pure IT businesses are not eligible
- More than 51% of shareholding must be held by resident Indian individuals
- Must be registered as a Private Limited Company
- Startups that have previously received LEAP funding from any other incubator are not eligible
Eligible entity types: Private Limited
Official application
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Applications are submitted directly with FITT, IIT Delhi, in your own name. Share a few details and we will point you to the official application portal and help you prepare a complete submission.
Here is the official application link
Apply in your own name with FITT, IIT Delhi. Want a second pair of eyes before you submit? An IncorpX advisor can help you prepare.
Open the official applicationFrequently asked questions
How much funding does FITT IIT Delhi , BIRAC LEAP Fund for Biotech & MedTech Startups provide?
FITT IIT Delhi , BIRAC LEAP Fund for Biotech & MedTech Startups provides up to Rs. 70 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is FITT IIT Delhi , BIRAC LEAP Fund for Biotech & MedTech Startups currently accepting applications?
Closed on Apr 20, 2026. Always confirm the current window with the program authority before preparing your application.
Important disclaimer
IncorpX is a private platform operated by a private company. It is not a government department, agency or official portal, and it is not affiliated with, endorsed by, or acting on behalf of any government body or of any organisation, incubator, accelerator, investor or partner listed in this directory. All program names, logos and trademarks are the property of their respective owners and are used for identification only.
This directory is compiled from publicly available official sources and is provided for general information only. It does not constitute legal, financial, tax or professional advice. Funding amounts, eligibility criteria, required documents, deadlines and availability are determined by each program authority and change with every cycle, so the details shown here may be incomplete or out of date. Always confirm the current terms on the official program source before you apply or take any decision.
IncorpX charges no fee for the information in this directory and does not collect, process, lodge or submit any application on your behalf. Applications are made by you, in your own name, directly with the respective program authority. IncorpX provides assistance only for application preparation and for related registrations such as company incorporation, DPIIT recognition, MSME (Udyam) and GST. Eligibility, approval, disbursement and selection rest solely with the respective program authority, and IncorpX makes no representation or guarantee as to any outcome.
Closing soon
View all FundingRs. 30 lakh to Rs. 50 lakh
Equity-free Idea AI, SaaS & Enterprise
ClosesJun 19, 2026
FundingRs. 25 lakh to Rs. 50 lakh
MVP / Prototype
ClosesJun 20, 2026
Perks & credits
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Zoho Partner Benefits
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Free Zoho Account + Exclusive Discounts
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Open AI for Startups
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$2,500–$5,000+ in API Credits
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Claude API credits
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Nebin Binoy 
