Amrita TBI

What Amrita TBI does

Amrita TBI (Amrita Technology Business Incubator) is a non-profit technology business incubator established in 2008 as a joint initiative of Amrita Vishwa Vidyapeetham and the Department of Science & Technology, Government of India. It serves early-stage and growth-stage Indian technology startups with seed funding up to INR 1 crore per venture, structured mentorship, prototyping facilities, co-working spaces, and access to its investor and partner network. As of the latest disclosed metrics it has incubated 320 startups, supported portfolio companies that have collectively raised $330 million USD, mentored 5,000 startup ideas, facilitated 145 patent filings, trained 20,000 students, and provides access to 80+ mentors from India, Silicon Valley and Singapore including former Fortune 500 executives. Founder CEOs and operators in AI, agritech, fintech, food services, EdTech, women-employment, retail analytics, automotive and home automation have come through the program.

The incubator's core operational "products" include a scaled Incubation program (loan/equity via NSTEDB-Seed Support, DST-TDB, MeitY-TIDE and MSME), the annual Amrita TBI PitchFest competition (USD 200K seed outlay), the Amrita TBI Accelerator ($100K to top-3 at Demo Day), NIDHI-EIR (INR 30K/month subsistence), NIDHI-Prayas (hardware grants up to INR 10 lakhs), Startup India Seed Fund Scheme grants (up to INR 50 lakhs), MeitY Genesis Matching Investment (1:1 up to INR 50 lakhs), the Amrita TBI Fab Lab (3D printing, PCB, CNC, IoT, robotics), NextGen Lab, mentorship services, VC/angel network access, AWS and Google Cloud credits, and an international Berkeley SkyDeck partnership. Physical campuses span Amritapuri (Kollam), Bengaluru and Coimbatore, supplemented by a virtual incubation model covering all of India.

The business model is a non-profit hub-and-spoke funded by re-grants and program administration fees from multiple central government schemes (DST, NSTEDB, MeitY, MSME, DPIIT, Atal Innovation Mission), supplemented by equity/loan stakes taken in incubated startups and in-kind infrastructure support from Amrita Vishwa Vidyapeetham. There is no application fee for founders. Customer segmentation spans early-stage and growth-stage startups, with deliberate reach into Tier-II and Tier-III cities via the MeitY Genesis implementing-agency role, while mentor and investor relationships form a parallel B2B-style stakeholder map. Distribution is multi-channel: a self-serve online application portal, three physical incubation centers, virtual incubation, government-program referrals, university pipelines, and pitch/acceleration events culminating in Demo Days.

Name

Amrita TBI

Legal name

Amrita Technology Business Incubator

Website

https://amritatbi.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Amrita TBI is a non-profit technology business incubator, supported by the Government of India and Amrita Vishwa Vidyapeetham, that funds, mentors, and prototypes for early-stage and growth-stage Indian startups across Kollam, Bengaluru, and Coimbatore campuses.

Ownership category

akta.pro rank

Product category

Startup Incubation Services

NAICS

Educational Support Services (611710), Computer Systems Design and Related Services (54151), Computer Training (611420)

akta.pro primary industry

Corporate Accelerators & Startup Programs (FSANAHAD)

akta.pro secondary industries

Accelerators & Incubators (Investor-Operated) (FSANAAAM), Technical Universities with Entrepreneurship & Incubation Focus (EDAHAEAH), Makerspaces & Fab Labs (Open Build Studios) (EDAMADAC)

Keywords

• Startup incubation services
• Technology business incubator
• Seed funding programs
• Startup mentorship services
• Prototyping facility services

Headquarters

HQ city

Kollam

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Incubation Program Fees: Amrita TBI is a non-profit incubator that provides funding, mentorship and incubation services. Revenue is generated through program participation and government grants.
2. Government Grants and Support: Supported by Govt. of India and Amrita Vishwa Vidyapeetham, with funding from DST, NSTEDB, TIDE, MSME and MeitY programs

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Amrita TBI is a non-profit technology business incubator that funds, mentors, and nurtures startups through multiple government-backed programs. It provides incubation funding up to INR 1 crore per startup, accelerator and PitchFest programs with seed investment, co-working spaces across three cities, mentorship from global experts, and Fab Lab prototyping facilities. The incubator operates multiple government-supported schemes including NIDHI-EIR, NIDHI-Prayas, MeitY Genesis programs, and Startup India Seed Fund Scheme for technology startups in idea and growth stages.

Product overview

Amrita TBI is a non-profit technology business incubator offering a comprehensive startup support ecosystem. The core offerings include Incubation (up to INR 1 crore funding), multiple government-backed funding programs (MeitY Genesis, NIDHI-EIR, NIDHI-Prayas, Startup India Seed Fund), acceleration programs (Amrita TBI Accelerator, Berkeley Skydeck), and the flagship PitchFest competition. The Fab Lab division provides prototyping facilities including 3D printing, PCB design, IoT/Arduino, robotics, and CNC services. Supporting services include co-working spaces at three campuses, mentorship from global experts, VC network access, cloud credits (AWS, Google Cloud), and GST exemption benefits. Programs target both early-stage and growth-stage startups, with emphasis on hardware, deep-tech, and technology ventures.

Differentiator

Problem solved

Functional benefit

Brands

• Amrita TBI Fab Lab: Fabrication laboratory providing prototyping facilities including 3D printing, PCB design and printing, IoT and Arduino, robotics and CNC machines
• Amrita TBI Accelerator
• Amrita TBI PitchFest
• Amrita TBI NIDHI-EIR
• Amrita TBI NIDHI-Prayas
• NextGen Lab

Products and services

• Incubation Program Core incubation program that funds up to INR 1 crore per startup through loan and/or equity investment via NSTEDB-Seed Support System, DST Technology Development Board (TDB), MeitY-TIDE, and MSME programs. Designed for technology-based startups in idea and growth stages with 2-year duration and possible extension.
• MeitY Startup Hub Genesis Matching Investment Funding 6-month acceleration program providing 1:1 matching investment up to Rs 50 lakhs for startups that raise external funds. Startups participate in Demo Day pitching to invited investors and receive mentorship during the program.
• MeitY Startup Hub Genesis Pilot Program Gen-Next Support for Innovative Startups (Genesis) Pilot program providing total funding up to Rs 40 lakhs for early-stage tech startups. Targeted at startups registered in Tier-II or Tier-III cities working on tech-based products in Deep-tech, AI/ML, Cybersecurity, IoT, Blockchain, Fintech, Ed-tech, or Health-tech.
• MeitY Startup Hub Genesis EIR Entrepreneur-in-Residence (EIR) program under Genesis providing grant up to Rs 10 lakhs for aspiring entrepreneurs for pursuing technology business ideas over a defined cohort period.
• Amrita TBI PitchFest Annual startup pitch competition offering seed investment up to USD 200,000 across multiple winners. Platform for startups to showcase ideas and connect with VCs and C-level executives. PitchFest 2017 received 700+ applications and invested in winners including MiQasa, Swasti Agro & Bioproducts, and Cookifi.
• Amrita TBI Accelerator Fast-paced acceleration program combining best practices to help early-stage startups evolve into successful ventures. Top-3 startups receive $100,000 USD seed investment from Amrita TBI on Demo Day. Startups can also raise funding from invited external investors.
• Startup India Seed Fund Scheme (SISFS) DPIIT-administered program with Rs 945 Crore outlay providing financial assistance to startups. Amrita TBI is a partner incubator for implementation and disbursement. Provides up to Rs 50 lakhs for market entry/commercialization/scaling and up to Rs 20 lakhs as grant for proof of concept/prototype development/product trials.
• Amrita TBI NIDHI-EIR NIDHI-Entrepreneurs-in-Residence program providing subsistence grant up to INR 30,000 per month for aspiring entrepreneurs for 12 months pursuing technology business ideas. Supported by NIDHI, NSTEDB, Department of Science and Technology, Government of India.
• Amrita TBI NIDHI-Prayas Hardware startup support program providing grant up to Rs 10 lakhs for transforming ideas into prototypes/products. Priority areas include Manufacturing, Agriculture, Healthcare, Clean-tech, Energy, Water, and IoT. Supported by NIDHI, NSTEDB, Department of Science and Technology.
• Amrita TBI Fab Lab Fabrication laboratory providing prototyping facilities including 3D printing, PCB design and printing, CNC machines, IoT and Arduino kits, robotics, laser cutting, and networking devices for innovators to iterate ideas. Includes training courses on 3D Printing, PCB Design, IoT and Arduino, Robotics, and CNC.
• Co-Working Spaces Physical incubation and co-working spaces in Kollam, Bengaluru, and Coimbatore with access to 100+ cutting-edge multidisciplinary labs at Amrita Vishwa Vidyapeetham. Includes GST exemption for incubatees up to INR 50 lakhs turnover for 3 years. Virtual incubation also available for startups operating anywhere in India.
• Berkeley Skydeck Program Partnership program with UC Berkeley Skydeck for international startup acceleration and market access for incubated startups at Amrita TBI.
• Amrita TBI Innovation Challenge Innovation contest for students and entrepreneurs to solve everyday challenges with innovative solutions and business edge. Open to participants to develop creative technology solutions.

Quantifiable outcome

• 320 startups incubated with 330 USD million funding raised
• +3 more outcomes

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered major, core and minor.

• NASSCOM 10KmajorStrategic or Co-development PartnerKnowledge partnership for events with NASSCOM 10K startup program.
• Atal Innovation Mission, NITI AayogcoreStrategic or Co-development PartnerAccelerator program supported by Atal Innovation Mission, NITI Aayog and NSTEDB, Department of Science and Technology, Government of India.
• MeitY Startup HubcoreStrategic or Co-development PartnerImplementing agency for MeitY Genesis program with Rs. 490 Crores budget over 5 years to discover, support, grow and accelerate successful startups in Tier-II and Tier-III cities.
• VakilsearchminorImplementation/ SI/ Consulting PartnerLegal services partner providing support for company registration and legal compliance.
• DPIIT - Startup IndiacoreStrategic or Co-development PartnerPartner incubator with DPIIT to implement Startup India Seed Fund Scheme (SISFS) and disburse funds to selected startups.
• Amrita Vishwa VidyapeethamcoreStrategic or Co-development PartnerHost institution providing university infrastructure, labs, faculty, and student pool. India's No. 1 Private University.
• FreshersWorldminorGTM or Marketing PartnerPartner for PitchFest event promotion and startup recruitment.
• YourStoryminorGTM or Marketing PartnerMedia partner for startup events and coverage.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Emerging players

• Villgro (formerly Rural Innovation Network): Villgro is one of India's oldest social-enterprise incubators, supporting impact-focused startups in healthcare, agriculture, and clean energy. It is comparable to Amrita TBI in supporting early-stage technology startups with grant/seed funding and sector focus overlap on healthcare, agri, and cleantech.

Direct peers

• KIIT Technology Business Incubator (KIIT TBI): KIIT TBI is a university-hosted technology business incubator in Bhubaneswar with DST/NSTEDB support, providing seed funding and incubation services to technology startups. It is a near-perfect operational analog to Amrita TBI, including structure, programs, and target segments.
• NSRCEL, IIT Bangalore: NSRCEL is the incubation and entrepreneurship center at IIT Bangalore, running seed programs, accelerators, and women-founder initiatives. It competes with Amrita TBI for tech-startup deal flow in Bengaluru and shares a university-hosted operating model.
• Startup Oasis, Jaipur: Startup Oasis is a Jaipur-based technology business incubator supported by the Rajasthan government and CIIE.CO, focused on Tier-II city startups. It is a direct peer to Amrita TBI's Tier-II/Tier-III acceleration programs and shares similar non-metro focus and government backing.
• IIT Delhi FITT (Foundation for Innovation and Technology Transfer): FITT is IIT Delhi's industry-interaction and incubation arm that supports technology startups with seed funding, mentorship, and corporate partnerships. It is a direct peer to Amrita TBI as a university-hosted Indian incubator/accelerator with government-program funding flows.
• T-Hub (Hyderabad): T-Hub is one of India's largest startup incubators, headquartered in Hyderabad with state-government and corporate backing. It is comparable to Amrita TBI in providing scaled incubator programs, multi-program lifecycle coverage, and partnership-driven startup support, though it is much larger and more metro-focused.
• IIT Madras Incubation Cell (IITMIC): IITMIC is the IIT Madras technology business incubator offering seed funding, lab access, and mentorship to deep-tech founders. Compares directly to Amrita TBI as a university-hosted TBI with similar government-program funding and hardware/startup support mandate.
• Society for Innovation and Entrepreneurship (SINE), IIT Bombay: SINE is the technology business incubator hosted at IIT Bombay, providing seed funding, mentorship, and infrastructure to deep-tech and technology startups in India. It is the closest Indian analog to Amrita TBI in operating model, funding mechanism, and stage focus.
• CIIE.CO, IIM Ahmedabad: CIIE.CO is the technology and innovation incubator at IIM Ahmedabad, providing seed funding, accelerators, and sector-focused programs. It is a direct peer to Amrita TBI as an academic-hosted Indian incubator with similar government and VC partnership models.

Broad incumbents

• Atal Innovation Mission (AIM), NITI Aayog: AIM is the Government of India's flagship innovation and entrepreneurship program that funds and supports Atal Incubation Centers across the country. It is a broader incumbent that includes Amrita TBI in its network and channels national policy support to the same startup ecosystem.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/amritatbi
• Facebookfacebook.com/amritatbi
• LinkedInlinkedin.com/company/amrita-tbi

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments14 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Amrita TBI