FundingRs. 10 lakh to Rs. 30 lakh
Equity-free Idea Logistics & Mobility
ClosesJun 15, 2026
Closed Grant Equity-free DPIIT required
IGNITE Program Grant by FITT-IIT Delhi and IDFC FIRST Bank (CSR Initiative)
The IGNITE Program is a Corporate Social Responsibility (CSR) initiative by **IDFC FIRST Bank** in partnership with **FITT-IIT Delhi**. It is designed for high-potential Deep-Tech startups. The program offers a **Grant of up to Rs. 30 Lakhs** to eligible ventures. IGNITE is envisioned as a structured initiative that combines: * **Funding** (Patient Capital) * **Mentorship** * **Outreach** and **Monitoring** It focuses on building a strong ecosystem of knowledge-sharing and capacity-building
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About this scheme
The IGNITE Program is a Corporate Social Responsibility (CSR) initiative by **IDFC FIRST Bank** in partnership with **FITT-IIT Delhi**. It is designed for high-potential Deep-Tech startups.
The program offers a **Grant of up to Rs. 30 Lakhs** to eligible ventures.
IGNITE is envisioned as a structured initiative that combines:
* **Funding** (Patient Capital)
* **Mentorship**
* **Outreach** and **Monitoring**
It focuses on building a strong ecosystem of knowledge-sharing and capacity-building to help startups turn deep innovation into real-world, commercially viable solutions with social impact.
Who can apply
- Must be a **DPIIT-registered startup**.
- Must be a **for-profit entity** (Pvt. Ltd./LLP/OPC) and **less than 7 years old**.
- Must have an **ESG-aligned product** with demonstrable **social impact**.
- Must have a **clear commercialization roadmap**.
- Must have a **Technology Readiness Level (TRL) of 6+** (prototype demonstrated in a simulated environment or higher).
- The company must have **no defaults/blacklisting**.
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 IGNITE Program Grant by FITT-IIT Delhi and IDFC FIRST Bank (CSR Initiative) provide?
IGNITE Program Grant by FITT-IIT Delhi and IDFC FIRST Bank (CSR Initiative) provides up to Rs. 30 lakh. The exact amount sanctioned depends on the proposal and the evaluation by the program authority.
Is IGNITE Program Grant by FITT-IIT Delhi and IDFC FIRST Bank (CSR Initiative) currently accepting applications?
Closed on Nov 12, 2025. Always confirm the current window with the program authority before preparing your application.
Does IGNITE Program Grant by FITT-IIT Delhi and IDFC FIRST Bank (CSR Initiative) take equity?
No. This program is listed as equity-free, which means the funding does not dilute your shareholding. Review the official terms for any debt or convertible components.
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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