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EXIM Bank–SINE SEED Fund Programme
Incubator & Accelerator
Investor
About
Indian startups with export potential can apply for equity or equity-like seed investment of up to ₹1 crore from India Exim Bank, together with incubation and support from SINE, IIT Bombay, by 30 November 2026.
Benefits
- 💰Seed investmentSelected startups can receive equity or equity-like investment of up to ₹1 crore from India Exim Bank.
- 🏢IncubationSelected startups receive incubation at SINE, IIT Bombay.
- 🧭MentorshipSelected startups receive mentorship.
- 🤝Investor, corporate and industry connectionsSelected startups receive access to investor, corporate and industry connections.
- 📈Value creation supportSelected startups receive value creation support.
Eligibility Criteria
- Indian company with at least 51% Indian shareholding.
- DPIIT-recognised startup or MSME.
- The startup must be at product development, validation or revenue stage.
- The product or service must have export potential.
- The startup must be incubated, or ready to be incubated, at SINE, IIT Bombay.
- iDEX Challenge winners are listed as an eligible route.
Participation Commitments
- Applications are submitted through the SINE Edge portal.
- Applications close on 30 November 2026.
- Applicants must prepare a startup pitch deck and board resolution using SINE templates.
- Applicants must provide documents including Certificate of Incorporation, INC-20A, AoA, MoA, company PAN, GST registration, DPIIT recognition, and an incubation certificate if already incubated.
- Non-incubated startups must complete SINE's incubation process before investment.
Target Sector
Sector agnostic, Agriculture & Food, Defense & Security, Education, Energy & Utilities, Financial Services, Government & Public Sector, Healthcare & Life Sciences, Manufacturing, Media & Entertainment, Real Estate & Construction, Retail & Consumer, Semiconductors & Electronics, Sports & Fitness, Telecommunications, Transportation & Logistics, Travel & Hospitality, Other
Target Location
India; applicants must be an Indian company with at least 51% Indian shareholding.
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India Exim Bank (under its Ubharte Sitaare Programme) and Society for Innovation & Entrepreneurship (SINE), IIT Bombay