Srijan Capital Archives

As part of our new series on the essentials of starting up in India, last week we compiled the Top 15 Accelerators in India. This week we bring to you a comprehensive list of the top 20 most active startup incubators in India along with their typical funding ranges, services offered and focus areas. Amity Innovation Incubator The Amity Innovation Incubator is a pioneering concept in the context of Indian Universities. Supported by DST, Ministry of Science & Technology, GOI, 'Amity Innovation Incubator ' has in a very short time of its existence earned an enviable position for itself with start-ups which have regularly been on top of the innovation curve and have been recognized on platforms like 'The Power of ideas', Read Herring Global winner, Tata NEN and NASSCOM Innovation Awards to name a few. Location: Noida Founded In: 2008 Focus Area: Rural Innovation and Social Entrepreneurship, Information and communication Technologies (to include Social media and ecommerce, Mobile computing and technologies, Analytics, Cloud computing and Big Data), Education and Education Technologies, Food and allied Technologies, Biotechnology and Life Sciences, Nanotechnology and Material Sciences. Funding: Upto INR 1 Cr Notable Startups: ApnaCircle.com, Anduril Technologies Reach Out: Ojasvi Babber AngelPrime Location: BengaluruAngelPrime is focussed on startups in the middle that need seed capital, it invest in not more than 3-4 companies a year. Founded In: 2011 Focus Area: Mobile internet, ecommerce and tablet/mobile app Funding: USD 200K- 600K Notable Startups: Ezetap, HackerEarth Reach Out: Bala Parathasarathy CIIE IIMA Centre for Innovation Incubation and Entrepreneurship was setup by IIM Ahmedabad with support from the Government of India and Gujarat Government and operates through an autonomous not-for-profit entity. CIIE comprises of IIMA faculty, alumni and other individuals and partners with like-minded organisations to foster entrepreneurship through incubation, ecosystem development and academic initiatives. Location: Ahmedabad Founded In: It was founded as a research institute in 2002 and was turned into a full-fledged incubation centre in 2007. Focus Area: Information Communication Technology, Cleantech and Social Funding: INR 20 lakhs Notable Startups: Travelyaari, Innoz, Thrillophilia Reach Out: Kunal Upadhyay IAN Incubator Established from the support of National Science and Technology Entrepreneurship Development Board(NSTEDB), Department of Science & Technology(DST), Govt. of India. The incubator helps entrepreneurs to convert their ideas in becoming successful and profitable ventures by supporting them in business planning, mentoring, recruiting their top team, commercializing their technologies, developing their products, getting early seed funding, help in forging partnerships at the national and global level, advice on intellectual property, training and development and many other things. IAN is reputed for its huge network of successful entrepreneurs, domain experts, academicians and experienced professionals. Location: Delhi Founded In: N/A Focus Area: IT/ITES, Telecom, Mobile VAS, Gaming and Animation, Internet/Web, Media and Entertainment, Education technology, Healthcare technology, Manufacturing Products, Alternative Energy, Clean Technology, Cloud computing, Retail technology Funding: It provides support in getting seed-funding or securing loans from various sources such as Govt. grants, angel investors, seed & early stage funds and other sources Notable Startups: IndiaCollegeSearch, Mukunda Foods, Skill Boost Reach Out: Padmaja Ruparel iCreate Its an initiative of Gujarat Foundation of Entrepreneurial Excellence (GFEE) and a joint venture of Gujarat Mineral Development Corporation Limited (GMDC) and Gujarat Entrepreneurship and Venture Promotion Foundation (GEVPF). It conducts various seminars, reach-out programs, networking events and more for both students and aspiring entrepreneurs. The grooming and incubation program is conducted in a batch of 25 with duration of 13 weeks Location: Ahmedabad Founded In: 2011 Focus Area: N/A Funding: N/A Notable Startups: N/A Reach Out: Devesh Rathore Indavest A startup Incubator and venture management helping startups with capital, business strategy and structure, providing access to the right network and support. Location: Bangalore Founded In: 2007 Focus Area: Ecommerce, mobile applications, customised gifting an d branding solutions, software products Funding: N/A Notable Startups: Vyoma, General Sentiment Reach Out: Mail Khosla Labs Khosla Labs was setup by Vinod Khosla and Srikanth Nadhamuni in 2012 as an innovation lab to focus on solving large scale problems driven by technology and entrepreneurial zeal. The projects get prototyped through in-house design and technology teams. These prototypes are pilot tested on the ground to get feedback and market validation. Based on the project traction and business plan, the project gets funded by the Khosla Ventures seed fund and a new company gets spun-off by the lead EIR(s) from the lab. Location: Bangalore Founded In: 2012 Focus Area: Mobile payment & banking, Retail efficiency, Healthcare delivery and big data analytics Funding: N/A Notable Startups: N/A Reach Out: Mail NSRCEL Set up at IIM Bangalore, the Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL) facilitates business growth through academic research by scholars and practical learning for entrepreneurs. NSRCEL is an open incubator, it doesn’t distinguish between IIMB Alumni and non alumni. Location: Bangalore Founded In: 2002 Focus Area: N/A Funding: It provides funding to its incubate companies, funds are sourced from government schemes. Notable Startups: Amagi, Nextgen Reach Out: Professor G Sabarinatha Science and Technology Entrepreneurship Park Science and Technology Entrepreneurship Park, Technology Business Incubator is based out in IIT Kharagpur. It helps the young firms to survive and grow by providing specialised support services during the critical period of a business venture i.e. the start-up phase. The goal is to nurture successful indigenous technologies and growth oriented entrepreneurs/enterprises. It provides space as well as seed fund to the startups. Location: Kharagpur Founded In: Established in 1986 and commenced operations in 1989 Focus Area: N/A Funding: N/A Notable Startups: Ikure Techsoft Pvt.Ltd. Reach Out: Prof. Indranil Sen Gupta Seedfarm, Seedfund It’s a Physical Incubator with about 2,000 square feet in Mumbai. Startups being incubated at the Seedfund get access to inputs from sector experts who come in to advice the startups on various aspects of the business. Location: Mumbai Founded In: 2011-2012 Focus Area: Consumer Internet, ecommerce, sports, education, healthecare, financial services, analytics, services and online ticketing Funding: INR 1 to 1.5 Cr, if this works, then Seedfund does a follow-on investment of $2 Mn. Notable Startups: MyDentist, Level10 Entertainment Reach Out: Mahesh Murthy SINE SINE, Society for Innovation and Entrepreneurship, hosted by Indian Institute of Technology Bombay- IIT Bombay is an umbrella for promotion of entrepreneurship at IIT Bombay. SINE administers a business incubator which provides support for technology based entrepreneurship. It incubate an average of 15 startups at a time and has an infrastructure spread over 10,000 sq.ft Location: Mumbai Founded In: 2004 Focus Area: N/A Funding: N/A Notable Startups: Webaroo, Bhugol GIS, SMSGupshup.com Reach Out: Prof. Milind Atrey Srijan Capital It provides seed stage investment to technology startups. It target startups that are based out of India, or have India as a target market and its incubation period is for a year Location: Bangalore Founded In: Focus Area: Ecommerce, SAAS, mobile, social media, and consumer internet Funding: INR 20 to 40 lakhs Notable Startups: Explara, TookiTaki, CouponRani Reach Out: Ravi Trivedi Startup Village Startup Village is a technology business incubator in Kochi and it is India’s first incubator that is funded jointly by the public and private sector. The promoters of Startup Village are Department of Science and Technology, Government of India, Technopark Trivandrum and MobME Wireless. Kris Gopalakrishnan, co-founder of Infosys and the most successful IT entrepreneur from Kerala, is the chief mentor at Startup Village. It aims to incubate 1,000 product startups over 10 years and it primarily Startup Village primarily focuses on student startups from college campuses. Location: Kochi Founded In: 2012 Focus Area: Technology product startups Funding: Its startupsby default selected to make a pitch presentation to Startup Village Angel Fund Notable Startups: iTraveller Reach Out: Sanjay Vijaykumar Technopark TBI Technopark Technology Business Incubator (T-TBI), is a Non Academic Business Incubator, hosted and housed inside the Asia Largest IT Park Technopark. Its a joint association of Technopark, Trivandrum and the Department of Science and Technology (DST), Government of India, to help the technology business start-ups. More than 165 startups incubated in last 9 years. Startups are incubated for 11 months, which can be increased later for 11 more months Location: Kerala Founded In: 2007 Focus Area: Technology business startups Funding: N/A Notable Startups: To know Click Here Reach Out: Fill Form UnLtd India UnLtd India is an incubator for social entrepreneurs working with early-stage social entrepreneurs to help them to Develop as leaders, Accelerate their impact, Prepare their organisations for scaling and further investment. It has 4 key programs i.e Incubation support, Bootcamp, and Social Mashup - a national conference for early-stage social social entrepreneurs Location: Mumbai Founded In: 2007 Focus Area: Social startups Funding: N/A Notable Startups: Mirakle Couriers, Milaap.org Reach Out: Pooja Warier Veddis Ventures Veddis Ventures was founded in 2007 and has offices in London and Gibraltar. Veddis Ventures has been investing in media, social networking, and information technology companies in Europe, the US and India. Location: Gurgaon Founded In: Veddis Ventures, founded in 2007, had launched incubation centre in India in 2007 Focus Area: Consumer technology Funding: $10-20 Mn Notable Startups: Favista Reach Out: Vikrant Bhargava Venture Center A CSIR Initiative for technology businesses (inventors and scientist entrepreneurs). The Venture Center is a technology business incubator specializing in technology startups offering products and services exploiting scientific expertise in the areas of materials, chemicals and biological sciences & engineering. Location: Pune Founded In: 2006 Focus Area: Technology startups offering products and services exploiting scientific expertise in the areas of materials, chemicals and biological sciences & engineering Funding: INR 1 – 25 Lakh Notable Startups: Antfarm Reach Out: Mail Villgro Villgro is on a mission to enable innovations to impact the poor through social enterprise. It was recognized as an Incubator under the Dept. of Science and Technology and Ministry of Micro-Small Medium Enterprises, Government of India. It provides mentoring, fellowship, funding and networking. Location: Chennai Founded In: N/A Focus Area: Social enterprises Funding: INR 50 Lakhs (milestone based) and is invested as equity and/or quasi-equity Notable Startups: Onebreathe, Skillveri Reach Out: Mail Wadhwani Centre for Entrepreneurship Development The incubator facility at ISB was set up in 2008 under the institute’s Wadhwani Centre for Entrepreneurship Development. The Initiative educates and assists young entrepreneurs in the area of business planning, and promotes entrepreneurship as a valid career option Location: Hyderabad Founded In: 2008 Focus Area: Tech startups Funding: N/A Notable Startups: Orkash, Richcore Lifesciences Reach Out: Mail TBI, BITS Pilani BITS Pilani in association with the Department of Science and Technology (DST), Government of India had established a Technology Business Incubator (TBI) in the area of Embedded Systems and VLSI Design. BITS has set up a Center for Entrepreneurial Leadership (CEL) to give a specific boost and emphasis to entrepreneurship development. The organization can house, in its office space, between 10-12 companies at a time. BITS also provides training to the startups in business communications and provides short courses on business management. Location: Pilani Founded In: 2005 Focus Area: N/A Funding: N/A Notable Startups: redBus Reach Out: Prof. Arya Kumar Bhamashah Techno Hub The Chief Minister Vasundhara Raje launched India’s largest business incubator — the Bhamashah Techno Hub — on August 23, 2018. It is spread across a sprawling 100k sq ft facility and has a seating capacity for 700. The incubator will provide end-to-end support to startups for free. At the moment 180 startups have already set their base at the Bhamashah Techno Hub. Location: Jaipur Founded In: 2018 Focus Area: Sector Agnostic Funding: N/A Notable Startups: N/A Reach Out: Akhil Arora, Principal Secretary, IT & Communication A few other notable startup incubators include: SIDBI Innovation & Incubation Centre, IIT Kanpur Rural Technology Business Incubator (RTBI), IIT Madras NDBI (Design Incbuator), Ahmedabad Technology Business Incubator, IIT Delhi Information Technology Business Incubator(ITBI ), JSSATE-STEP Technology based Incubator Society (TBIS), University of Delhi , South Campus Shriram Institute for Industrial Research , Shriram Scientific and Industrial Research IIIT-Bangalore Innovation Centre E health-TBI, PES School of Engg . Tech Park Global INcubation SERVices, JSS Institutions Campus SP Jain Institute of Management Research Center Technology Business Incubator, Centre for Biotechnology, Anna University Technology Business Incubator, NIT Calicut Amrita TBI, Amrita Vishwa Vidhyapeetham Mudra Institute of Communications CIEE, IIIT Hyderabad Life Science Incubator at IKP Knowledge Park Malviya Centre for Innovation Incubation & Entrepreneurship , IIT BHU Technology Business Incubator, KIIT University Updated: Manipal University Technology Business Incubator TotalStart Secretariat Checkout the updated list of Startup Incubators in India. [The post was last updated on August 29, 2018] This is part of our special series, In Focus: Starting Up In India, in which we focus on the essentials every entrepreneur must know about starting up in India. Stay tuned for a comprehensive list of startup co-working in India coming later this week.

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