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Incubator New Delhi, Delhi Est. 1992

FITT, IIT Delhi

IIT Delhi's tech-transfer and incubation arm since 1992, with 280+ startups backed and over Rs. 450 crore in funding facilitated.

280+ startups supported 13 programs listed

About FITT, IIT Delhi

The Foundation for Innovation and Technology Transfer (FITT) is a registered society set up on 9 July 1992 by the Board of Governors of IIT Delhi, and it is the institute's primary interface for industry collaboration, technology transfer, and startup incubation. Having incubated over 280 startups, including 200-plus deep-tech ventures, and facilitated more than Rs. 450 crore in cumulative funding, it is among India's most established academic incubators, and it also runs the IIT Delhi Research and Innovation Park, home to roughly 100 startups.

FITT works at the meeting point of academic research and commercial innovation, managing IIT Delhi's technology licensing, industry-sponsored research, and incubation programmes. For founders it offers a rare mix of access to IIT Delhi's labs, faculty, and engineering talent alongside structured incubation, mentorship, funding routes, co-working space, and investor networks. Its key programmes include the FITT Incubation Program with office and co-working space at the Idea Lounge, the Research and Innovation Park hosting around 100 startups and R&D labs, corporate innovation partnerships with companies such as Boeing and Samsung, and an annual Business Plan Competition, plus technology licensing that matches inventions from IIT Delhi's labs with startups or industry, with recent deep-tech programmes in clean energy, mobility, defence, aerospace, and cybersecurity.

Its portfolio includes BotLab Dynamics, known for drone light shows seen on Republic Day, Chakr Innovation in pollution capture, Synergy Quantum in quantum-safe cryptography, Vizara Technologies in semiconductor design, and KritiKal Solutions, with the acquisition of Sharang Shakti by LAT Aerospace in February 2026 marking a notable exit. Founders building deep-tech, hardware, clean energy, mobility, defence, aerospace, electronics, and cybersecurity startups benefit most; IIT Delhi students, researchers, and alumni get priority, though external founders can apply, and the New Delhi location suits govtech, defence-tech, and enterprise startups that need institutional relationships alongside technical depth. It is online at fitt-iitd.in.

Who they work with

Stages
Idea MVP / Prototype Early Revenue
Sectors
Deeptech & Robotics Climate, Energy & EV Biotech, Health & Pharma Logistics & Mobility
Notable alumni
BotLab Dynamics Chakr Innovation Synergy Quantum Vizara Technologies KritiKal Solutions

Programs by FITT, IIT Delhi 13

Open Accelerator
FundingMicrosoft-supported AI accelerator with mentorship, pilot opportunities and ecosystem support
Equity-free Idea MVP / Prototype Agritech & Food AI, SaaS & Enterprise

UNNATI AI 2.0 is a flagship AI startup accelerator by FITT, IIT Delhi, supported through Microsoft's CSR programme. It helps AI startups scale through mentorship, pilot deployments, ecosystem partnerships, investor access, and national-level market opportunities.

ClosesSep 30, 2026
Closed Equity Funding
FundingEquity or Equity-linked Investment of ₹27.5 lakh to ₹1.1 crore Equity-free
Equity-free MVP / Prototype Early Revenue AI, SaaS & Enterprise Biotech, Health & Pharma DPIIT

The Exim Bank Ubharte Sitaare Programme supports export-focused Indian startups through equity or equity-linked investments ranging from Rs 27.5 lakh to Rs. 1.1 crore. The programme is open to DPIIT-recognized startups and MSMEs associated with FITT that demonstrate strong international export potential.

ClosesClosed
Closed Grant
FundingFully Supported International Exchange Programme
Equity-free MVP / Prototype Early Revenue Agritech & Food Climate, Energy & EV DPIIT

The India–UK InnoXchange Programme is a bilateral initiative of the Department of Science & Technology (DST), Government of India, and Innovate UK that enables Indian deep-tech startups and incubation professionals to participate in an international exchange programme with the United Kingdom to foster technology collaboration, market access, and innovation partnerships.

ClosesClosed
Closed Award
FundingFunding access through Exim Bank Ubharte Sitare (₹25 lakh–₹1 crore), BIRAC BIG, SIDBI, SISFS, SAMRIDH, TIDE 2.0 and other ecosystem programmes.
Equity-free Idea MVP / Prototype Agritech & Food AI, SaaS & Enterprise

Navachar Mantra is a six-month, zero-cost incubation programme by the Ministry of Skill Development & Entrepreneurship, implemented by NIESBUD with FITT IIT Delhi as the Knowledge Partner, supporting grassroots innovators and early-stage entrepreneurs across India.

ClosesClosed
Closed Equity Funding
FundingUp to Rs. 1.5 Cr
MVP / Prototype Early Revenue Deeptech & Robotics

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

ClosesClosed
Closed Grant
FundingUp to Rs. 30 lakh
Equity-free Early Revenue DPIIT

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

ClosesClosed
Closed Grant
FundingUp to Rs. 20 lakh
Equity-free

The Healthier India Program is a national-level innovation initiative aimed at addressing the rising burden of Cardio-Metabolic Diseases (CMDs) in India. It is a collaborative effort led by the Foundation for Innovation and Technology Transfer (FITT) at IIT Delhi, in partnership with the Atal Innovation Mission (AIM), and supported by the Novo Nordisk Foundation. The program provides a comprehensive ecosystem of support, including expert mentorship, bootcamps, and funding, to

ClosesClosed
Closed Grant
FundingUp to Rs. 5 lakh
Equity-free Idea

The NCPEDP-Mphasis Assistive Technology (AT) Hub Startup Pitch Day is a specialized event designed to identify and nurture innovative solutions in the assistive technology landscape. It is part of the larger NCPEDP-Mphasis AT Hub Project, which aims to drive the adoption and accessibility of AT in India. The event is being held alongside EMPOWER 2025, organized by IIT Delhi, and provides a platform for startups to pitch for a grant of 5 Lakhs and mentorship.

ClosesClosed
Closed Grant
FundingUp to Rs. 30 lakh
Equity-free

MediSarthi is a Corporate Social Responsibility (CSR) initiative by FITT, IIT Delhi, offering grants of up to Rs. 30 lakhs to 3-4 promising startups in the HealthTech and MedTech space. The program aims to support innovators who are building impactful solutions in areas such as affordable diagnostics, assistive health technologies, primary and preventive care, MedTech devices, and AI for healthcare. In addition to the grant, selected startups will receive mentorship, institutional support from

ClosesClosed
Closed Equity Funding
FundingUp to Rs. 8 Cr
Early Revenue

The FITT, Circulus Initiative is a structured sourcing, evaluation, and investment readiness pathway launched by Circulus Capital in partnership with the Foundation for Innovation and Technology Transfer (FITT), IIT Delhi. The initiative is designed to build a predictable and time-bound pipeline of high-quality climate tech, cleantech, and deeptech startups emerging from the FITT ecosystem. It focuses strongly on circular economy solutions, sustainable materials, advanced recycling

ClosesClosed

Frequently asked questions

What funding programs does FITT, IIT Delhi run?

FITT, IIT Delhi currently has 13 programs listed in this directory, including UNNATI AI 2.0 – Startup Accelerator 2.0, Exim Bank Ubharte Sitaare Programme, India–UK InnoXchange Programme 2026. Each program page covers the funding amount, eligibility and application process.

Is FITT, IIT Delhi a government organisation?

FITT, IIT Delhi is listed as a incubator. It is not a government body, and its programs follow the organisation's own selection process.

How do I evaluate whether a FITT, IIT Delhi program fits my startup?

Start with the stages and sectors shown on this profile, then open the program pages for eligibility conditions and document checklists. If you want a structured view, send an enquiry below and an IncorpX advisor will walk you through fit and readiness.

Do I apply to these programs through IncorpX?

No. Applications are always submitted in your own name with the respective program authority. IncorpX is independent of FITT, IIT Delhi and provides assistance for application preparation, document organisation and prerequisite registrations such as incorporation, DPIIT recognition, MSME and GST.

Enquire about FITT, IIT Delhi

Tell us what you are building and which FITT, IIT Delhi program you are evaluating. An IncorpX advisor will help you assess fit and get application-ready.

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Your enquiry goes to the IncorpX advisory team, who will help you evaluate fit and prepare. We are independent of FITT, IIT Delhi and never contact organisations on your behalf.

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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