Startup incubators are a ray of hope for many aspiring entrepreneurs.
So here is a list of top 10 working and resourceful startup incubators in India along with the details of their funding ranges, services offered and area of focus.
The Amity Innovation Incubator is a ground-breaking concept in the framework of Indian Universities. It is supported by DST, Ministry of Science & Technology, Government Of India. Amity Innovation Incubator has earned a reputable position in the short time span. It has aided startups that have earned their way amongst the top line of innovation driven startups and have been acknowledged on avenues like ‘The Power of ideas’, Tata NEN, Read Herring Global winner, and NASSCOM Innovation Awards.
Situated In: Noida
Established In: 2008
Area of Focus: Rural Innovation and Social Entrepreneurship, Information and communication Technologies (Social media and ecommerce, Mobile computing and technologies, Cloud computing and Big Data Analytics), Food and allied Technologies, Biotechnology, Life Sciences, Nanotechnology and Material Sciences, Learning and Education Technologies
Funding: Up to a maximum of INR 1 Cr
Notable Startups: ApnaCircle.com, Anduril Technologies
It was instituted by IIM Ahmadabad with the support of the Indian and the Gujarat Government. It works through an autonomous not-for-profit entity. CIIE is a reputed incubation centre with an experienced team of IIMA faculty, alumni and partners working together to promote entrepreneurship through incubation, network growth related and academic initiatives.
Situated In: Ahmadabad
Established In: Founded as a research institute in 2002 and developed into an incubation centre in 2007.
Area of Focus: Information Communication Technology and Cleantech
Funding: INR 20 lakhs
Distinguished Startups: Travelyaari, Innoz and Thrillophilia
This institution was established with the support from the (NSTEDB) National Science and Technology Entrepreneurship Development Board), Department of Science & Technology (DST), Government of India. The incubator is a driving force to convert raw startup ideas into successful projects and profitable business enterprise by sustaining them in business planning, recruiting efficient resources, commercializing their machineries, developing their goods, getting seed funding etc. The incubator also helps in developing partnerships at the national and international level along with providing valuable advice on intellectual property. IAN is renowned for the huge network of flourishing entrepreneurs, academicians and experienced professionals it has developed over the years.
Location: Delhi
Founded In: N/A
Focus Area: IT/ITES, Telecom, Mobile VAS, Internet/Web, Media and Entertainment, Education technology, Healthcare technology, Manufacturing Products, Gaming and Animation, Renewable Energy, Cloud computing and Retail machinery
Funding: It provides additional support in obtaining seed-funding from various foundations such as Govt. grants, angel investors, seed & early stage funds etc.
Notable Startups: IndiaCollegeSearch, Mukunda Foods, Skill Boost
iCreate- It’s a scheme powered by Gujarat Foundation of Entrepreneurial Excellence (GFEE) in collaboration with the Gujarat Mineral Development Corporation Limited (GMDC) and Gujarat Entrepreneurship and Venture Promotion Foundation (GEVPF). It organizes various conferences, outreach programs, events for interested students and aspiring entrepreneurs.
Situated In: Ahmadabad
Established In: 2011
Indavest- It is a startup Incubator and project management system helping entrepreneurs with capital, experienced industry strategy and structure.
Situated In: Bangalore
Established In: 2007
Area Of Focus: Ecommerce, mobile applications, branding solutions, software products
Funding: N/A
Notable Startups: Vyoma, General Sentiment
Khosla Labs- Khosla Labs is an initiative by Vinod Khosla and Srikanth Nadhamuni which was established in 2012 as an innovation lab. The aim of setting this lab was to focus on acquiring solutions to large scale problems motivated by technology and entrepreneurial zeal. The plans get prototyped all the way through in-house design and technology groups. These prototypes are then pilot tested in the field to acquire feedback and market validation. Based on the project grip, the idea gets funded by the Khosla Ventures seed fund.
Situated In: Bangalore
Established In: 2012
Area of Focus: Mobile payments, Internet banking, Healthcare and big data analytics
Funding: N/A
Notable Startups: N/A
Located at IIM Bangalore, the Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL) is established to assist in the business intensification through academic research by scholars and on ground practical learning for entrepreneurs. NSRCEL is an open incubator and is open for all.
Situated In: Bangalore
Established In In: 2002
Area of Focus: N/A
Funding: Funding is given to its incubating companies
Notable Startups: Amagi, Nextgen
Science and Technology Entrepreneurship Park, Business Incubator is situated in IIT Kharagpur. It works in a different way as it provides specialized support services during the start-up phase of a venture. The aim is to foster booming indigenous technologies. It provides a suitable working space as well as seed fund to the startups.
Situated In: Kharagpur
Established In: Established in 1986 and began operations in 1989
Area of Focus: N/A
Funding: N/A
Notable Startups: Ikure Techsoft Pvt.Ltd.
Seedfarm, Seedfund- It’s an on ground Incubator with about 2,000 square feet in Mumbai. Startups get access to inputs from experts who advice the startups on diverse aspects of the industry.
Situated In: Mumbai
Established In: 2011-2012
Area of Focus: customer Internet, ecommerce, sports, education, healthcare, online ticketing and financial sector
Funding: INR 1 to 1.5 Cr
Notable Startups: MyDentist, Level10 Entertainment
It is propagated by Indian Institute of Technology Bombay. It is a set up for the promotion of entrepreneurship at IIT Bombay. SINE manages a business incubator that provides support for technology driven entrepreneurship. It incubates 15 startups at one single time.
Situated In: Mumbai
Established In: 2004
Area of Focus: N/A
Funding: N/A
Notable Startups: Webaroo, Bhugol GIS, SMSGupshup.com