EXIM Bank–SINE SEED Fund Programme

EXIM Bank provides equity or equity-like seed investment, with SINE IIT Bombay as implementation partner. The supplied call confirms applications are open and establishes a ₹1 crore per-startup ceiling, replacing the previously unconfirmed individual investment amount.

• Indian company with at least 51% Indian shareholding.
• DPIIT-recognised startup or MSME; whether DPIIT recognition is also mandatory for the MSME route requires clarification.
• At product development, validation or revenue stage.
• Product or service must have export potential.
• Incubated, or ready to be incubated, at SINE IIT Bombay.
• The announcement also lists “iDEX Challenge winners,” but its wording does not clearly establish whether this is mandatory for every applicant or an additional eligible route. Confirm before relying on eligibility.
• Specific legal entity types and detailed stage definitions are not disclosed; corresponding hard filters remain blank.

• Equity or equity-like seed investment of up to ₹1 crore.
• Incubation at SINE IIT Bombay.
• Mentorship.
• Investor, corporate and industry connections.
• Value creation support.
• Valuation, dilution, investment instrument and disbursement terms: n/a.

• Apply through the SINE Edge programme portal by 30 November 2026. Evaluation stages, documentation requirements and investment approval process: n/a.