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  3. EXIM Bank – SINE Seed Fund Programme
Open to startups registered in India

EXIM Bank – SINE Seed Fund Programme

SINE, IIT Bombay

About This Scheme

A joint initiative by EXIM Bank and SINE, IIT Bombay, offering equity investment of ₹50 lakh to ₹1 crore and incubation support to Indian startups with global market potential.

The EXIM Bank – SINE Seed Fund Programme is a strategic collaboration between the Society for Innovation & Entrepreneurship (SINE) at IIT Bombay and India Exim Bank, aimed at bolstering the growth of Indian startups. This program operates under EXIM Bank's broader Ubharte Sitaare Programme, focusing on identifying and nurturing innovative companies that possess significant potential to develop products and services for global markets. The initiative provides crucial early-stage investment and comprehensive support to help these startups not only develop their offerings but also successfully scale their operations and achieve international export visibility. By leveraging the deep expertise of SINE in startup incubation and EXIM Bank's financial prowess and focus on international trade, the programme seeks to create a robust pipeline of Indian enterprises capable of competing on a global stage and contributing to India's export economy. It's designed for companies ready to leverage incubation support to refine their strategies, access mentorship, and secure the necessary capital to penetrate international markets.

Benefits

  • Selected startups will receive equity or equity-like investment ranging from ₹50 lakh to ₹1 crore from EXIM Bank, disbursed in tranches or as a lump sum, with later tranches typically linked to key milestones.
  • This significant capital infusion is designed to fuel product development, market entry, and scaling efforts.
  • Beyond financial support, the program offers comprehensive incubation at SINE IIT Bombay, providing a fertile ground for growth including access to state-of-the-art facilities and a vibrant ecosystem.
  • Participants benefit from mentorship from industry veterans and subject matter experts who guide them through strategic challenges and market complexities.
  • Startups also gain invaluable investor, corporate, and industry connections, facilitating future funding rounds, strategic partnerships, and market access.
  • Dedicated value creation support further assists companies in optimizing their business models, enhancing operational efficiency, and building a strong foundation for sustainable global expansion.

How to Apply

32d — 30 Nov 2026

Selection Process

  • Applications undergo a sanity check and evaluation by the SINE Portfolio-Investment team. Shortlisted applications are then reviewed by the Investment Committee for Seed Support
  • EXIM Bank may observe this process. The final approval for investment is granted by EXIM Bank's competent authority. Export potential is a core selection criterion throughout the evaluation.

Quick Info

Amount / Funding
₹50L – ₹1Cr
State / Region
Open to startups registered in India
Ministry / Dept
SINE, IIT Bombay
Application Window
32d — 30 Nov 2026
Tags
EquityProductRevenue