Ministry of Electronics and Information Technology (MeitY) / MeitY Startup Hub
Status: active. Launched August 2021, SAMRIDH channels support through selected startup accelerators to provide matching investment funding to software product startups, alongside acceleration support, investor connects and mentoring, in sectors such as health-tech, ed-tech, agri-tech, consumer-tech, fintech, SaaS and sustainability.
MeitY funds selected accelerators with Rs 2 lakh per startup and provides matching funding to startups of up to Rs 40 lakh, under a scheme with an outlay of Rs 99 crore targeting around 300 software product startups.