Department of Science and Technology
National Initiative for Developing and Harnessing Innovations
NIDHI-Seed Support System (NIDHI-SSS)
Deshpande Startups is hosting a seed fund with a corpus of Rs 10 crore under the scheme "National Initiative for Developing and Harnessing Innovations - Seed Support System (NIDHI-SSS)" of the Department of Science and Technology.
The basic idea of NIDHI seed support is providing financial assistance to potential startups with promising ideas, innovations and technologies. This would enable some of these incubatee startups with innovative ideas/technologies to graduate to a level where they will be able to raise investments from angel/Venture capitalist or they will reach a position to seek loans from commercial banks/financial institutions. Thus the proposed seed support disbursed by an incubator to an incubatee is positioned to act as a bridge between development and commercialization of innovative technologies/products/services in a relatively hassle-free manner.
Broad Areas to be covered under the financial assistance include:
- Product development
- Testing and trials
- Test Marketing
- Professional Consultancy (To attract Professors of institutions to work with small firms)
- IPR issues
- Manpower for day to day operations
- Any other area as deemed necessary and recommended by the Management Committee
Microchip Payments Pvt. Ltd.
Microchip Payments enables Payments without Internet Connectivity to boost the digital transaction even in Internet untapped regions.
Wide Mobility Mechatronics Pvt. Ltd.
Wide mobility offers digital radiography based solutions by enterprise class of image processing software and applications to ensure high quality vegetables and fruits inspection.
Freshboxx Services Pvt. Ltd.
Freshboxx works to better value chain in agri sector by bridging the gap between farmers and consumers through their tech enabled distribution model.
Nautilus Hearing Solutions Pvt. Ltd.
Nautilus Hearing is a Medtech company using best technologies to make Hearing Care Simple, Accessible and Reliable.
Shopgro Pvt. Ltd.
Simple, Automated hyper-local search marketing platform for businesses and brands. The technology ensures retailer and brands to build their digital presence.
ElectReps Pvt. Ltd.
A Hyper local news sharing platform where its envision this to be the biggest local social and news media platform to ensure community knowledge and relationship.
We are located at
Foundation For Sandboxstartup Initiatives, Next to International Airport, Gokul Road,
Opp. to Gokul Village, Hubballi, Karnataka, INDIA - 580030
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