Government GrantBIRAC SEED Fund
StagesPre-Seed
SectorsSaaS / Enterprise, Healthcare / Medtech, Climate / Sustainability · Early-stage builders, Founder-led / operator capital
Ticket$36K
Government GrantMeitY SAMRIDH backs software-product startups through partner accelerators with matching co-investment of up to ₹40 lakh plus acceleration services.
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MeitY SAMRIDH backs software-product startups through partner accelerators with matching co-investment of up to ₹40 lakh plus acceleration services.
2 companies mapped to this fund.
Background and context for founders evaluating this investor.
SAMRIDH (Startup Accelerators of MeitY for Product Innovation, Development and Growth) is MeitY’s accelerator-linked funding programme for software-product startups. Selected MeitY partner accelerators run cohorts and can extend first-round matching investment of up to ₹40 lakh per startup (scheme materials cite an average around ₹30 lakh), typically alongside equal matching capital from the accelerator or co-investor. Acceleration services (customer/investor connect, product support) are part of the package. Founders should approach empaneled accelerators via MeitY Startup Hub rather than treating SAMRIDH as a direct open VC application.
Selected MeitY partner accelerators run cohorts and can extend first-round matching investment of up to ₹40 lakh per startup (scheme materials cite an average around ₹30 lakh), typically alongside equal matching capital from the accelerator or co-investor.
Ticket researched: matching investment up to ₹40 Lakh per startup (avg ~₹30 Lakh) via MeitY-partnered accelerators (MeitY SAMRIDH scheme report).
Typically DPIIT-registered software/tech startups at MVP/early traction; often requires matching private commitment.
Data confidence: Verified – primary source
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