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Last Updated: 23 Oct 2025

SAMRIDH (Start-Up Accelerators Of Meity For Product Innovation, Development And Growth) Programme

The programme aims to boost Indian software product start-ups by providing funding, mentorship, and global exposure. Implemented by MeitY-Startup-Hub, it supports accelerators to scale IT-based start-ups addressing India’s challenges and driving social impact.

Quick facts

  • Purpose:  To create a conducive platform to Indian Software Product start-ups to enhance their products and securing investments for scaling their business.
  • Focus: Accelerating the 300 start-ups by providing customer connect, investor connect, and international immersion in next three years (from 2021).
  • Financial assistance: Investment of up to Rs 40 lakh to the start-up will be provided through selected accelerators.
  • Implementing agency: MeitY-Startup-Hub (MSH)

Objective 

  • To support existing and upcoming accelerators to select and accelerate potential IT based start-ups to scale for solving India's problems creating positive social impact.

Salient features

  • Backgrounds: Government of India has various programs to promote incubation services to startups, but an urgent need was felt to conceptualize and run an accelerator program to help these start-ups with Social Impact and to solve India's problems at scale. 
    • The Startups from aforementioned programs will act as a feeder for the SAMRIDH program.
  • Support to accelerator: The SAMRIDH scheme will support existing and upcoming Accelerators to select and accelerate potential IT based startups to scale for solving India's problems creating positive social impact.
    • Startup accelerators support early-stage, growth-driven companies through education, mentorship, and financing. 
  • Eligibility of Accelerators: 
    • Have been in the business of incubation for more than 3 years and supported more than 50 start-ups of which at least 10 have received non-public investment, Or 
      • Having targeted accelerator programs with an experience of running at least 3 cohorts with activities listed as desirable under SAMRIDH 
    • Have operations in India 
    • Have necessary space and infrastructure to carry out activities for the start-ups. 
    • Should demonstrate capabilities with regard to: 
      • Supporting Start-Ups for domestic and international market immersion
      • Network/Connect with Venture Capitalist/Angel Investors
      • On-boarded with leading business mentors
    • Structured cohort for accelerating deep tech software product start-ups.
  • Support mechanism
    • MSH will take equity in Start-Ups for Government's contribution via Promissory/SAFE Note, same as accelerator which will be utilized for self-sustainability of the program. 
    • A Project Management Unit will be formed for the overall implementation of the program.
    • MSH is a nodal entity under MeitY to facilitate its vision of promoting technology innovation, start-ups and creation of Intellectual Properties. 
    • It acts as a national coordination, facilitation and monitoring centre to integrate all the incubation centres, start-ups and innovation related activities of MeitY.
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