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Incubator Mumbai, Maharashtra Est. 2004

SINE, IIT Bombay

IIT Bombay's pioneering incubator (SINE), with 245+ startups that raised $940M+ and a Rs. 250 crore deep-tech venture fund.

245+ startups supported 9 programs listed

About SINE, IIT Bombay

Founded in 2004 at IIT Bombay, SINE, the Society for Innovation and Entrepreneurship, is the institute's technology business incubator and one of the earliest academic incubators in the country, with a foundational role in India's deep-tech scene. It offers incubation infrastructure, mentorship, funding support, and access to IIT Bombay's research labs and faculty.

Its portfolio of 245-plus startups has together raised more than $940 million and produced over 300 intellectual properties. To put capital directly behind early deep tech, SINE launched the Y Point Venture Capital Fund with a corpus of about Rs. 250 crore, investing in ventures from IIT Bombay and other research institutions across AI, advanced manufacturing, life sciences, climate technology, and space and defence; its alumni include Gupshup, ideaForge, Atomberg, Bellatrix Aerospace, and Whiterabbit.ai.

Deep-tech founders, IIT Bombay students and alumni, and researchers commercialising technology innovations benefit most, especially ideation-to-early-traction teams in AI, advanced materials, healthcare, cleantech, and defence. It is online at sineiitb.org.

Funding Partners

SINE collaborates with government agencies, corporate partners, investors, and industry leaders to provide grants, seed funding, incubation, and commercialization support for startups.

Focus Areas

DeepTech, Artificial Intelligence, Robotics, Healthcare, Clean Energy, Manufacturing, Electronics, Enterprise Technology, Sustainability, SpaceTech and emerging technologies.

Support Offered

Incubation, Seed Funding, CSR Grants, Mentorship, Investor Connect, Product Validation, Commercialization Support, Networking, Infrastructure Access and Business Development.

Who they work with

Stages
Idea MVP / Prototype
Sectors
Biotech, Health & Pharma Climate, Energy & EV Deeptech & Robotics Manufacturing & Industrial
Notable alumni
Gupshup ideaForge Atomberg Bellatrix Aerospace Whiterabbit.ai

Programs by SINE, IIT Bombay 9

Closed Grant
FundingGrant up to Rs. 20 Lakhs (Milestone-based)
Equity-free Idea MVP / Prototype AI, SaaS & Enterprise Deeptech & Robotics DPIIT

The Excelium-SINE DeepTech Innovation Grant Program supports early stage DeepTech startups with Technology Readiness Level (TRL) 4 and above through milestone-based grants of up to Rs. 20 lakh. The programme helps startups accelerate product development, validation, and commercialization with technical, institutional, and ecosystem support.

ClosesClosed
Closed Equity Funding
FundingUp to Rs. 1 Cr
MVP / Prototype Early Revenue DPIIT

Equity or equity-linked seed funding of up to Rs. 1 crore for IIT Bombay-linked technology startups to speed up product development and go-to-market.

ClosesClosed
Closed Grant
FundingSupport amount varies
Equity-free

The Nitto Denko Startup Innovation Challenge is a collaborative program between SINE IIT Bombay and Nitto Denko Corporation, focused on advancing innovations in flexible sensing technologies and enabling long-term strategic partnerships. The program aims to support startups that can leverage Nitto Denko's highly flexible and stretchable sensors (designed to measure angular displacement, flexing, strain, torsion, or force sensing) to create innovative solutions. The program duration is

ClosesClosed
Closed Grant
FundingUp to Rs. 50 lakh
Equity-free Early Revenue

The SPARK Program is a high-impact scale-up initiative launched by the Society for Innovation & Entrepreneurship (SINE), IIT Bombay in partnership with HDFC Bank Parivartan. The program is designed to support early-revenue, technology-driven startups at Technology Readiness Level (TRL) 5 and above, helping them bridge the scale-up gap and accelerate commercialization. SPARK focuses on enabling startups that can deliver national impact and global competitiveness

ClosesClosed
Closed Grant
FundingUp to Rs. 7 lakh
Equity-free

The MeitY TIDE 2.0 Grant provides funding up to Rs. 7 lakhs to technology entrepreneurs and startups in the ICT domain. The grant is designed to support first-generation innovators who have a formal business plan and a proof of concept for their idea. The program emphasizes the development of scalable technology-based business startups and requires recipients to pursue their entrepreneurial aspirations full-time. The grant is a non-dilutive form of support provided to individuals who are not

ClosesClosed
Closed Grant
FundingUp to Rs. 4 lakh
Equity-free

The MeitY TIDE 2.0 Entrepreneur-in-Residence (EiR) grant provides funding up to Rs. 4 lakhs to technology entrepreneurs and innovators in the ICT domain. This grant is designed to support first-generation innovators who are committed to exploring a business idea and have a formal business plan and a proof of concept. Recipients are required to pursue their entrepreneurial aspirations full-time and must register for the pre-incubation program at SINE, IIT Bombay. The grant is not a stop-gap

ClosesClosed

Frequently asked questions

What funding programs does SINE, IIT Bombay run?

SINE, IIT Bombay currently has 9 programs listed in this directory, including Excelium-SINE DeepTech Innovation Grant Program, SIDBI-iDEX Seed Fund Programme at SINE, IIT Bombay, SIDBI Seed Fund Programme at SINE, IIT Bombay (Incubatees only). Each program page covers the funding amount, eligibility and application process.

Is SINE, IIT Bombay a government organisation?

SINE, IIT Bombay 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 SINE, IIT Bombay 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 SINE, IIT Bombay and provides assistance for application preparation, document organisation and prerequisite registrations such as incorporation, DPIIT recognition, MSME and GST.

Enquire about SINE, IIT Bombay

Tell us what you are building and which SINE, IIT Bombay 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 SINE, IIT Bombay 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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