- 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.