23rd Oct 2023
Application Start Date
20th Nov 2023
Registration Closes
24th Nov 2023
Shortlisting Declaration
1st Dec 2023
Event and Demo Day
IT/ITES
Computer
Environment
Engineering
Research
Life Sciences
Bio Tech
Saas
Health Tech
FinTech
Legal
Management
Early Stage Startups
Startups
Strategic Acceleration for Market, Research, Innovation & Development: a Holistic Initiative for ICPS Startups (SAMRIDHI) About us: IIT Ropar – Technology and Innovation Foundation (TIF) is a Section – 8 company founded to support the initiatives of the established Technology Innovation Hub – AWaDH (Agriculture and Water Technology Development Hub) at the Indian Institute of Technology Ropar in the framework of National Mission on Interdisciplinary Cyber-Physical Systems (NM – ICPS) by the Department of Science and Technology, Government of India. The TIF supports deep tech R&D-driven startups and research community members, in the domain of Agriculture and Water and provides incubation and acceleration support to technology and innovation-based ideas and products towards sustainable agriculture, and the environment, by leveraging IoT, AI, and ICPS. About the Event: The SAMRIDHI Conclave session will showcase 12 pitches from shortlisted deep-tech ICPS startups implementing CPS technologies in the agricultural, water, logistics, defence and other societal impact sectors in the vertical of TIF focus areas. Selected startups can pitch for investment support of up to 50 Lakh INR (grant/loan/equity fund) to rapidly scale, accelerate support, and mentor to drive their market impact. Your support in recognizing top startups and providing insights into the quantum of investment will be highly valuable. Investment Opportunity: We also invite your support in terms of potential investment opportunities in the showcased startups. We also extend an invitation for your support regarding potential investment opportunities in the showcased startups. We are pleased to mention that we are open to exploring joint investment prospects in startups that align with your vision and investment thesis while demonstrating promising potential. Support and Opportunity: Jury Member / Panel Member: We would like your support as a jury member to finalise the startups, and help us to decide on the quantum of funds that may be invested in them. Potential Investment Opportunities: We are open to exploring joint investment prospects in startups that align with your vision, investment thesis and show promising potential. Investment models can be discussed together if you identify any startups during the pitching sessions that capture your interest. Collaborative Opportunities: Discussion / MoU / SoI to support and enable deep-tech-focused startups and to launch initiatives at SAMRIDHI. Support in Outreach / Networking: To share in your wide network, communities, social media and recommendations for startups to Pitch / Exhibit. Tech Storm Exhibition: a total of 50 startups will showcase their technologies & products. This will be an excellent opportunity for you to engage with the startups on a one-to-one basis and explore their innovations firsthand. Also, recommend your startup to apply for the Exhibition Let's collaborate and explore mutually beneficial investment avenues to drive the success of these startups and foster innovation in the industry. For the benefits of the deep-tech R&D focus startups, we have put together a corpus of 5 Cr INR fund to support 15 final shortlisted startups, with a cap of 50 Lakh max, depending on various factors, including requirement, stage, patent, product, revenue, market, team etc during the Conclave. Exhibition: Additionally, we are pleased to present the 'Tech Storm' exhibition, where a total of 20 startups will showcase their technologies & and products. This will be an excellent opportunity for you to engage with the startups on a one-to-one basis and explore their innovations firsthand. For any queries, please write to Mukesh Kestwal, Chief Innovation Officer, cio@ihub-awadh.in Dr Radhika Trikha, Chief Operating Officer, coo@ihub-awadh.in AWaDH Team: people@ihub-awadh.in
Name:
Divyanshu Gupta
Email:
divyanshu@ihub-awadh.in
Mobile:
+91-9430372600
Startup India
Government
Manthan
Government
Invest India
Government
Dassault Systemes
Technical
GitHub
Technical
E2E Network
Technical
Wadhwani Foundation
Knowledge
Headstart Network Foundation
Knowledge
Runway Incubator
Incubation
Tulas Technology and Business Incubator
Incubation
Krishna Viswa Vidyapeeth (KVV) - Karad
Incubation
Bhasini
Government
Department of Science and Technology (DST) - GoI
Government
Innovation Mission Punjab
Government
NM-ICPS
Government
Syngenta
Technical
What is the fund commitment of SAMRIDHI 2.0?
SAMRIDHI 2.0 have a fund committment of 5 Cr INR in total. Each of the selected startups can get upto 50 Lakhs after the due deligence from IIT Ropar TIF.
Is there any registration fee for the SAMRIDHI 2,0?
No, registration is free. Please note: If you get shortlisted for the program following are the confirmation fees that you will have to pay to book your slots: Pitch - 2500 INR Exhibition (Startups) - 2500 INR Exhibition (Corporates) - 10000 INR Attendees - 500 INR
Will I get support for Travel?
Travel support will not be provided for the event.
Will be the funding provided on-spot?
No. there will be proper due diligence by the IIT Ropar TIF team which may take 60-90 Days.
What is the equity I will be diluting for this round?
IIT Ropar TIF have a pre defined policy of 5Cr to 12.5 Cr under the CCD Mode. For the startups having pre-valuation raised from different equity funds the IIT Ropar Team may match it upto 25/30Cr however final dicision remains with the ISMC.
Should be Registered Startup
Individual
Financial Incentives
A total of 5 Cr shall be invested on 12 potential ...
Non-Financial Incentives
Accelerator Support
Funding Support
A total of 5 Cr shall be invested on 12 potential ...
Investor Connect
IIT Ropar TIF have 150+ partners, including 50+ fr ...
R&D and Lab
With best of the R&D labs at IIT Ropar, startups c ...
Mentoring Support
360 R&D and tech mentoring including Business Ment ...