Top 10 Startup Incubators In India In 2022
We present to you a detailed overview of the top 10 startup incubators operating in India, together with information on their usual investment levels, services provided, and areas of concentration.
Wadhwani Centre for Entrepreneurship Development
In 2008, the ISB institute's Wadhwani Centre for Entrepreneurship Development established the incubator facility. The Initiative promotes entrepreneurship as a viable career option and instructs and supports young company owners in the field of business planning.
Location: Hyderabad
Focus Area: Tech startups
Founded In: 2008
Notable Startups: Orkash, Richcore Lifesciences
Villgro
Villgro's goal is to use social business to allow inventions that benefit the underprivileged. The Department of Science and Technology and the Ministry of Micro, Small, and Medium Enterprises of the Government of India recognised it as an incubator. It offers money, networking, mentorship, and fellowship.
Location: Chennai
Focus Area: Social enterprises
Notable Startups: Onebreathe, Skillveri
Funding: INR 50 Lakhs
Veddis Ventures
Veddis Ventures was established in 2007 and has locations in Gibraltar and London. Veddis Ventures has been funding businesses in Europe, the US, and India that are involved in media, social networking, and information technology.
Location: Gurgaon
Focus Area: Consumer technology
Notable Startups: Favista
Funding: $10-20 Mn
Srijan Capital
It offers technology firms seed stage funding. It focuses on companies with India as their base of operations or as a target market, and its incubation duration is one year.
Location: Bangalore
Focus Area: Ecommerce, SAAS, mobile, social media, and consumer internet
Notable Startups: Explara, TookiTaki, CouponRani
Funding: INR 20 to 40 lakhs
SINE
SINE, or the Society for Innovation and Entrepreneurship, is a platform for promoting entrepreneurship at the Indian Institute of Technology Bombay. SINE is in charge of a company incubator that supports entrepreneurship in the technology sector. It features a 10,000 square foot infrastructure and often incubates 15 firms at once.
Location: Mumbai
Founded In: 2004
Notable Startups: Webaroo, Bhugol GIS, SMSGupshup.com
Seedfarm, Seedfund
It is a physical incubator in Mumbai that is roughly 2,000 square feet. Businesses being incubated at the Seedfund have access to feedback from industry experts who visit and provide the startups with advise on a variety of business-related topics.
Location: Mumbai
Focus Area: Consumer Internet, ecommerce, sports, education, healthecare, financial services, analytics, services and online ticketing
Funding: INR 1 to 1.5 Cr
Notable Startups: MyDentist, Level10 Entertainment
Science and Technology Entrepreneurship Park
IIT Kharagpur is home to the Science and Technology Entrepreneurship Park and Technology Business Incubator. By offering specialised support services at the crucial phase of a company venture, the start-up phase, it aids the fledgling enterprises in surviving and expanding. The aim is to support entrepreneurs and businesses who are focused on growth as well as successful indigenous innovations. It offers entrepreneurs both space and seed money.
Location: Kharagpur
Notable Startups: Ikure Techsoft Pvt.Ltd.
Indavest
Providing access to the appropriate network and assistance, a startup incubator and venture management helps companies with funding, company strategy, and structure.
Location: Bangalore
Focus Area: Ecommerce, mobile applications
Notable Startups: Vyoma, General Sentiment
CIIE IIMA
With assistance from the governments of Gujarat and India, IIM Ahmedabad established the Center for Innovation Incubation and Entrepreneurship, which is run by a separate not-for-profit organisation. In order to promote entrepreneurship through incubation, ecosystem development, and academic efforts, CIIE collaborates with like-minded organisations and is made up of IIMA faculty, alumni, and other persons.
Location: Ahmedabad
Focus Area: Information Communication Technology, Cleantech and Social
Funding: INR 20 lakhs
Notable Startups: Travelyaari, Innoz, Thrillophilia
IAN Incubator
NSTEDB & DST, Government of India, provided funding for its establishment. By supporting them in business planning, mentoring, hiring their top team, commercialising their technologies, developing their products, obtaining early seed funding, aiding in the formation of partnerships at the national and international level, offering guidance on intellectual property, providing training and development, and many other things, the incubator assists entrepreneurs in turning their ideas into successful and lucrative ventures. IAN is renowned for having a vast network of accomplished businesspeople, subject matter experts, academics, and seasoned professionals.
Location: Delhi
Focus Area: IT/ITES, Telecom, Mobile VAS, Gaming and Animation, Internet/Web, Media and Entertainment, Education technology, Healthcare technology, Manufacturing Products, Alternative Energy, Clean Technology, Cloud computing, Retail technology
Funding: It provides support in getting seed-funding or securing loans from various sources such as Govt. grants, angel investors, seed & early stage funds and other sources
Notable Startups: IndiaCollegeSearch, Mukunda Foods, Skill Boost