PIEDS
The SIDBI-iDEX Seed Fund offers equity/equity-linked funding up to ₹1.5 Crore and incubation support to early-stage DPIIT-recognized private limited companies with prior iDEX grants, focusing on Defence, Aerospace, and DeepTech innovations.
The SIDBI-iDEX Seed Fund 2026 is a crucial initiative designed to bolster India's defence and aerospace capabilities by supporting innovative DeepTech startups. This program aims to bridge the funding gap for early-stage companies that have already demonstrated potential through the iDEX challenge. By providing substantial equity/equity-linked investment and essential incubation support through PIEDS, the fund enables startups to transition their groundbreaking ideas from conceptualization to market-ready solutions. It fosters an ecosystem where technological advancements can thrive, directly contributing to national security and self-reliance in critical sectors. The fund targets companies with a clear vision to develop disruptive technologies and provides the necessary resources to navigate the complex journey of product development, testing, and market entry within the defence and aerospace domains. This strategic partnership between SIDBI, iDEX, and PIEDS is set to accelerate the growth of a new generation of Indian innovators.
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