- More Info
- www.meity.gov.in
- Organization
- Ministry of Electronics & Information Technology (MeitY Startup Hub (MSH))
- Fund type
- Equity
- Source
- Government
- Status
- Active
- Focus area
- Hardware, software, IOT, data, AI, ML
- Target
- Private Limited Company | Limited Liability Partnership
- Fund range
- Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs
- Fund stages
- D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion
Investment of up to ₹ 40 lakh to the startup (with an average of ₹ 30 Lakh per startup per cohort) based on the growth stage of the Start-Up.
Purpose
The SAMRIDH scheme will support existing and upcoming Accelerators to select and accelerate potential IT based startups to scale for solving India’s problems creating positive social impact