Venture Center

HDFC Bank Parivartan SINE Spark Program

More Info
www.sineiitb.org
Organization
SINE IIT - HDFC (SINE IIT - HDFC)
Fund type
Grant
Source
Non-Government
Status
Inactive
Focus area
Biotech, Medtech, Health & rehabilitation | Agriculture, food and nutrition | Cleantech, energy, environment, waste, sanitation | Automation, mobility | Hardware, software, IOT, data, AI, ML | Industrial Products | Material Tech, textiles | Space and Aviation | Other sectors | Electric vehicles
Target
Private Limited Company | Limited Liability Partnership
Fund range
< Rs. 10 lakhs | 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

Grant funding of upto Rs. 50 Lakhs per startup, linked to milestone achievement, along with mentorship

Purpose

The HDFC Bank Parivartan SINE Spark Program is an initiative focused on early-revenue startups at Technology Readiness Level (TRL) 5 and above in the sectors of Mobility, Electric Vehicles (EV), Energy, Battery Technology, Advanced Materials, Power Electronics, Semiconductors, Quantum Technology, Bioengineering, Healthcare, Clean Technology, Sustainability, Robotics, Smart Manufacturing and Deep Tech.