- More Info
- iptif.tech
- Organization
- IIT Palakkad Technology iHub Foundation (IIT Palakkad)
- Fund type
- Equity | Other
- Source
- Non-Government
- Status
- Active
- Focus area
- Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Space and Aviation | Other sectors
- Target
- Private Limited Company | Limited Liability Partnership | Individual- academicians
- Fund range
- < Rs. 10 lakhs | Rs. 10 lakhs- Rs. 25 lakhs | Rs. 25 lakhs- Rs. 50 lakhs | Rs. 50 lakhs- Rs. 2cr
- Fund stages
- A. Technology Development | D. Technology Scale-up/ Validation / De-risking | E. Market Entry | F. Expansion
Funding upto Rs.100 Lakhs depending on stage. Category 1: Prototype development, testing and early-stage validation Applicants: Early Stage Startups and Faculties from Academic & Research Institutions planning to register a startup in next 3-months Funding: Up to INR 30 Lakhs against Equity Category 2: Field Validation, Certification and Pilot Market Launch Applicants: Mid-Stage Startups Funding: Up to INR 50 Lakhs against Equity Category 3: Scale-up and Pre-commercialization Applicants: Late-Stage Startups Funding: Up to INR 100 Lakhs against Equity or Royalty on sales
For prototyping, testing, validation, scale-up, field testing and pre-commercialization of technology /product development in the field of Intelligent Collaborative Systems (ICS) with application to Energy, Safety, Healthcare, Automotives, Agriculture, Defense and any other relevant domains of national importance