Startup India Seed Fund Scheme (SISFS)

Overview

SISFS fills the early funding gap for DPIIT-recognised startups turning ideas into products and first commercial traction. Funds are disbursed through approved incubators, not directly from DPIIT to the startup bank account in isolation.

Eligibility

• DPIIT-recognised startup incorporated in India
• Not more than 2 years since incorporation at application
• Business idea with market fit, commercialisation path, and scale potential
• Technology in core product, service, or business model
• Must not have received more than ₹10 lakh monetary support under other Central/State schemes
• Application routed via a SISFS-empanelled incubator

What you get

• Up to ₹20 lakh as grant for PoC validation, prototype development, or product trials
• Up to ₹50 lakh as convertible debentures / debt / debt-linked instruments for market entry, commercialisation, or scaling
• Incubator mentoring, milestone monitoring, and ecosystem access

How to apply

• Shortlist a SISFS-empanelled incubator (prefer TIDES IIT Roorkee pathway for Stamped)
• Complete incubator residency/selection process as required
• Apply on https://seedfund.startupindia.gov.in/
• Playbook note: last startup apply date under one window was 31 May 2026; confirm current open windows

Stamped Energy fit

Strong fit for Stamped Energy once incorporated and DPIIT-recognised. Industrial energy intelligence SaaS is a technology-enabled product with clear PoC (90-day bill verification pilot) and commercialisation narrative. Blockers today: not incorporated, not DPIIT-recognised, not incubated. Do not pitch as hardware IoT or ESG filing software.

Sources & caveats

• Verify live windows, guidelines, and incubator eligibility on official sites before applying.
• Playbook summaries are high-level; scheme rules change.