Incubators play a vital role in the growth of startups. They provide the necessary resources such as infrastructure, mentorship and financial support to nurture and support innovation of startups. India has 400+ Incubators with most of them at nascent stage. Startup India aims to enhance capacities of the existing incubators and also provide support in setting new incubators.
The Top Startup Incubators In India
The Amity Innovation Incubator is a pioneering concept in the context of Indian Universities. Supported by DST, Ministry of Science & Technology, GOI, ‘Amity Innovation Incubator ‘ has in a very short time of its existence earned an enviable position for itself with start-ups which have regularly been on top of the innovation curve and have been recognized on platforms like ‘The Power of ideas’, Read Herring Global winner, Tata NEN and NASSCOM Innovation Awards to name a few.
Founded In: 2008
Focus Area: Rural Innovation and Social Entrepreneurship, Information and communication Technologies (to include Social media and ecommerce, Mobile computing and technologies, Analytics, Cloud computing and Big Data), Education and Education Technologies, Food and allied Technologies, Biotechnology and Life Sciences, Nanotechnology and Material Sciences.
Funding: Upto INR 1 Cr
Notable Startups: ApnaCircle.com, Anduril Technologies
Location: BengaluruAngelPrime is focussed on startups in the middle that need seed capital, it invest in not more than 3-4 companies a year.
Founded In: 2011
Focus Area: Mobile internet, ecommerce and tablet/mobile app
Funding: USD 200K- 600K
Notable Startups: Ezetap, HackerEarth
Centre for Innovation Incubation and Entrepreneurship was setup by IIM Ahmedabad with support from the Government of India and Gujarat Government and operates through an autonomous not-for-profit entity. CIIE comprises of IIMA faculty, alumni and other individuals and partners with like-minded organisations to foster entrepreneurship through incubation, ecosystem development and academic initiatives.
Founded In: It was founded as a research institute in 2002 and was turned into a full-fledged incubation centre in 2007.
Focus Area: Information Communication Technology, Cleantech and Social
Funding: INR 20 lakhs
Notable Startups: Travelyaari, Innoz, Thrillophilia
Established from the support of National Science and Technology Entrepreneurship Development Board(NSTEDB), Department of Science & Technology(DST), Govt. of India. The incubator helps entrepreneurs to convert their ideas in becoming successful and profitable ventures by supporting them in business planning, mentoring, recruiting their top team, commercializing their technologies, developing their products, getting early seed funding, help in forging partnerships at the national and global level, advice on intellectual property, training and development and many other things. IAN is reputed for its huge network of successful entrepreneurs, domain experts, academicians and experienced professionals.
Founded In: N/A
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