FundingFunding opportunities up to ₹10 Lakh through ACIC-VGU schemes
Equity-free Idea AI, SaaS & Enterprise
ClosesAug 15, 2026
Closed Equity Funding
FITT Investment Fund & SIDBI DeepTech Acceleration Program
The FITT Investment Fund, powered by IIT Delhi and SIDBI, is inviting applications from deep-tech ventures solving real, high-friction problems. Selected startups will receive up to Rs. 1.5 Crores in funding, along with access to the newly launched FITT-SIDBI Deeptech Accelerator Program. This exclusive 6-month accelerator brings: 10 technical + business workshops Investor interactions Continuous monitoring via the FITT Investment Fund A high-visibility Demo Day
Check your readinessShare a few details and an IncorpX advisor will walk you through fit, documents and timelines for this scheme. Free, no obligation.
- Early-stage DeepTech startups
- Technology-driven founders and innovators
- Startups working in AI, Robotics, IoT, Semiconductors, CleanTech, SpaceTech, DefenceTech, HealthTech, and other advanced technologies
- Research-led ventures seeking commercialization support
- Startups looking for funding and strategic mentorship
- Companies developing scalable and high-impact technology solutions
About this scheme
The FITT Investment Fund, powered by IIT Delhi and SIDBI, is inviting applications from deep-tech ventures solving real, high-friction problems. Selected startups will receive up to Rs. 1.5 Crores in funding, along with access to the newly launched FITT-SIDBI Deeptech Accelerator Program.
This exclusive 6-month accelerator brings:
10 technical + business workshops
Investor interactions
Continuous monitoring via the FITT Investment Fund
A high-visibility Demo Day
Expert mentorship, market & investor access, IIT Delhi research + infrastructure support, and commercialisation pathways through FITT.
Who can apply
- Must be a DPIIT recognized startup.
- Currently Incubated/Accelerated/received grant through FITT.
- Must have at least 1 IP granted/filed/pending.
- Must be at Technology Readiness Level (TRL) 4 & Above.
- Only IIT alumni, led startups, FITT-associated startups, or those incubated at FITT are eligible to apply.
Benefits & funding
Headline support
Up to Rs. 1.5 Cr
- Access to funding and investment support for DeepTech startups
- Mentorship from industry experts and technology leaders
- Commercialization and go-to-market guidance
- Connections with investors, corporates, and research institutions
- Support for product validation and scaling
- Networking opportunities within the innovation ecosystem
- Strategic partnerships and business development assistance
- Enhanced visibility among stakeholders and potential customers
How the application process works
The journey below is informational, compiled from the official program guidelines. Applications are submitted directly with FITT, IIT Delhi, in your own name.
- 1
Review the eligibility criteria and program requirements.
- 2
Prepare your startup profile, pitch deck, and supporting documents.
- 3
Complete the online application form.
- 4
Submit details about your technology, team, market opportunity, and traction.
- 5
Participate in the evaluation and screening process.
- 6
Attend interviews or pitch sessions if shortlisted.
- 7
Receive selection confirmation and onboarding instructions.
- 8
Begin participation in the acceleration program and access funding support upon approval.
Want a second pair of eyes before you submit?IncorpX provides assistance for structuring proposals and organising the paperwork this process expects.
Documents checklist 13
- Startup Pitch Deck
- Certificate of Incorporation / Registration
- Founders' Profiles and Resumes
- Business Plan or Executive Summary
- Product or Technology Overview
- Financial Projections (typically 3–5 years)
- Cap Table / Shareholding Pattern
- GST Registration (if applicable)
- PAN of the Company
- Bank Account Details
- Proof of Intellectual Property (patents, trademarks, copyrights, if any)
- Previous Funding Details (if applicable)
- Customer Traction or Pilot Project Details (if available)
Need help getting these in order? IncorpX provides assistance for incorporation, DPIIT recognition, MSME and GST registrations along with document preparation.
Official application
Ready to apply? Get the official link
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
What is the FITT Investment Fund & SIDBI DeepTech Acceleration Program?
A program that supports DeepTech startups through funding, mentorship, commercialization support, and ecosystem access.
Who can apply for the program?
Early-stage and growth-stage startups developing innovative DeepTech solutions across sectors such as AI, Robotics, CleanTech, SpaceTech, HealthTech, DefenceTech, and advanced manufacturing.
Is funding provided under the program?
Yes, selected startups may receive funding support subject to the program's investment criteria and due diligence process.
Do I need to be incubated at FITT or IIT Delhi to apply?
Eligibility requirements vary by cohort. Applicants should review the latest program guidelines before applying.
What stage of startups does the program support?
The program primarily supports startups with validated technologies, prototypes, pilot deployments, or early market traction.
What are the key selection criteria?
Innovation, technology differentiation, market potential, scalability, team strength, and commercial viability.
Does the program provide mentorship?
Yes, selected startups receive guidance from industry experts, mentors, investors, and ecosystem partners.
Can startups from outside India apply?
Eligibility depends on the specific cohort and program guidelines announced by the organizers.
Is there an application fee?
Any application fee requirements will be specified in the official program announcement.
How long does the selection process take?
Timelines vary by cohort and typically include application review, evaluation, interviews, and final selection stages.
Can startups receive both funding and acceleration support?
Yes, eligible startups may benefit from funding opportunities as well as mentorship, networking, and business acceleration support.
What sectors are preferred under the program?
DeepTech sectors such as Artificial Intelligence, Robotics, Semiconductors, CleanTech, HealthTech, DefenceTech, SpaceTech, and Industry 4.0 solutions are generally prioritized.
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.
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