Startup India Seed Fund Scheme (SISFS), Official Portal
From Seed Fund Portal (seedfund.startupindia.gov.in) by DPIIT, Government of India Application portal
SISFS is the most accessible non-dilutive cheque for early Indian startups, and this is where you actually apply. It's genuinely founder-friendly: you apply through incubators, not a government office, and grant money for proof-of-concept has no equity strings.
- Up to INR 20 lakh as a grant for proof-of-concept, prototype development, and product trials, this portion is truly non-dilutive.
- Up to INR 50 lakh via convertible debentures / debt for market entry, commercialisation, and scaling.
- Eligibility: DPIIT-recognised and incorporated not more than 2 years before applying; you can apply to up to 3 approved incubators.
- Applications flow through the incubator, so choosing an active incubator with a strong track record is half the battle.