Eureka! 2026 | Asia's Largest Business Model Competition
IIT Bombay's flagship startup competition offering mentorship, investor access, equity-free funding, and global exposure.
About the Program
Eureka! 2026 is Asia's largest Business Model Competition organized by E-Cell, IIT Bombay. It helps aspiring entrepreneurs and early-stage startups transform ideas into fundable and scalable ventures through structured mentorship, investor access, funding opportunities, and startup ecosystem support. The competition is free to participate in and is open to individuals, teams, and registered startups across all sectors.
Eligibility requirements
- Open to all founders, students, innovators, and entrepreneurs.
- Teams must consist of 1 to 7 members.
- Open to startups across all industries and sectors.
- Registered/incorporated startups are eligible.
- Suitable for Idea, MVP, Early Revenue, and Growth-stage startups.
Offerings / Benefits
- Equity-free funding support worth INR 27 Lakhs+.
- Fundraising opportunities.
- Direct access to 50+ venture capital firms.
- Mentorship from 300+ founders, investors, and industry experts.
- Guidance from 45+ incubators.
- Opportunity to pitch to Y Combinator.
- Sponsored trips to the USA and Dubai for top-performing teams.
- Structured product, business model, and pitch feedback.
- Networking with India's startup ecosystem.
Sectors supported
Selection process
- Round 1 – Online Questionnaire Round.
- Round 2 – Offline Zonal Round (Mumbai, Delhi, Bengaluru).
- Round 3 – Online VC Round.
- Final Round – Live Pitch at IIT Bombay before investors and industry leaders.
Related funding opportunities
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Seed funding support for technology-driven Indian startups to accelerate product development and commercialization.
