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MeitY GENESIS Matching Fund (via AIC ISB Association)

Offered by AIC ISB Association

Overview

The MeitY GENESIS Matching Fund is an initiative of the Ministry of Electronics and Information Technology to strengthen startup ecosystems in emerging Indian cities by matching institutional investment already raised by early-stage technology ventures. AIC ISB, the incubation centre at ISB's Mohali campus, administers this program as a partner incubator, providing the equity-based matching contribution to qualifying startups.

Eligibility

  • Registered Indian private company with at least 51 percent Indian ownership
  • Headquartered in a Tier-II or Tier-III city
  • Holds a valid DPIIT startup certificate
  • Has a market-ready product, preferably revenue-generating
  • Only funds from institutional investors count toward matching (government grants excluded), and funds must be actually received, not merely committed
  • Must not have received prior support under TIDE 2.0 or Samridh schemes

Funding Purpose

The fund provides a matching contribution of up to Rs 50 lakhs, structured 1:1 against externally raised institutional investment and issued as equity, to support tech-based product and software development in sectors such as Deep-tech, AI/ML, Cybersecurity, IoT, Blockchain, Fintech, Ed-tech, and Health-tech.

Application Process

Applications are submitted through a Google Form, with a deadline of October 30, 2025.

Apply Now ↗

How to Apply

  1. 1Click "Apply Now" above and submit your application directly on the official page.
  2. 2The offering organisation screens applications against its own eligibility criteria.
  3. 3Shortlisted applicants may be invited to a pitch or interview round.
  4. 4The final decision rests solely with the offering organisation.
  5. 5There is no guarantee of funding at any stage.

Before You Apply

  • ZeedFund is an independent tracker, not the offering organisation or a funding body.
  • Verify current eligibility, funding amount, and deadline on the official page before applying. Details can change after we last verified them.
  • Once you apply, all follow-up (screening updates, interview or pitch invites, and the final decision) comes directly from the facilitator, incubator, or investor, never from ZeedFund. Check their application portal or email yourself for status updates; we won't have visibility into it.