KLIC l KALCHURI LNCT GROUP INCUBATION CENTERS

What KLIC l KALCHURI LNCT GROUP INCUBATION CENTERS does

KLIC (Kalchuri LNCT Group Incubation Center) is a private, non-profit technology business incubation center promoted by the LNCT Group of Institutions & Universities and headquartered on the LNCT campus in Bhopal, Madhya Pradesh, India. The center operates a hub-and-spoke model with a central hub in Bhopal and 12+ spoke centers distributed across LNCT institutions in Bhopal, Indore, Bilaspur, and Jabalpur, collectively reaching an alumni base of 20,000+ and a mentor pool of 50+. It delivers a structured four-stage incubation program—Tinker (ideation), Aspire (validation), Accelerates (growth), and Augment (scaling)—with the AUGMENT tier providing EiR grants of ₹5–10 lakhs under the MeitY GENESIS scheme. Core services include co-working space, mentorship, seed funding facilitation, legal and IP support, and access to specialized infrastructure including a FAB Lab, Rapid Prototyping Lab, and IoT Lab.

The center's multi-disciplinary incubation focus spans Medical, Ayurveda, Dental Care, Hospitality, Renewable Technology, Architecture, Agriculture, SAAS, Software Technology, Bio-Technology, and Engineering Technology. Its portfolio of 15+ named startups covers agritech, healthtech, AI automation, deep-tech, SaaS, pet care, real estate, and travel verticals, with several AI-embedded companies. Revenue mechanics are non-commercial: KLIC is sustained by LNCT Group parent funding, MeitY GENESIS government grants, event-driven sourcing (InnovX, Startup Conclave, Navonmesh), and likely subsidized program fees; specific pricing is not publicly disclosed. Go-to-market is event-driven and community-led, leveraging LNCT's academic network, government scheme affiliation, and partnerships with AWS Activate, IBM, Boudhik Ventures, MSME Startups Forum, MeitY Startup Hub, and Startup India. KLIC has 22 employees and is led by CEO Akash S. D. Rai.

Name

KLIC l KALCHURI LNCT GROUP INCUBATION CENTERS

Legal name

KALCHURI LNCT GROUP OF INCUBATION CENTER (KLIC)

Website

https://klic.lnct.ac.in

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

KLIC is a non-profit technology business incubation center in Bhopal, India, promoted by LNCT Group. It runs a four-stage program (Tinker, Aspire, Accelerates, Augment) across a hub-and-spoke network of 12+ institutions, serving early-stage and student startups with mentorship, labs, and MeitY GENESIS-backed grants.

Ownership category

akta.pro rank

Product category

Startup Incubation Services

NAICS

Educational Support Services (61171), Business Schools and Computer and Management Training (6114)

SIC

Services-Educational Services (8200), Services-Management Consulting Services (8742)

akta.pro primary industry

Youth Business Incubators & Accelerators (EDAMAHAC)

akta.pro secondary industry

Accelerators & Incubators (Investor-Operated) (FSANAAAM)

Keywords

• Technology business incubation
• Startup acceleration programs
• Entrepreneurship development support
• Innovation ecosystem services
• Seed funding facilitation

Headquarters

HQ city

Bhopal

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Incubation Services: KLIC operates as a non-profit technology business incubation center backed by LNCT Group of Institutions and supported by government schemes like MeitY GENESIS. The center provides subsidized/co-working space, mentorship, funding support, and technical assistance to startups in exchange for equity or program fees, though specific fee structures are not publicly disclosed.
2. Grant and Seed Funding Facilitation: KLIC connects startups with investors and facilitates grants (EiR grants of ₹5-10 lakhs under AUGMENT Accelerator) and seed funding. The center acts as an implementing agency for MeitY GENESIS and works with Boudhik Ventures, MSME Startups Forum, and other investment partners.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

KLIC operates a Technology Business Incubation Center that runs a four-stage incubation program (Tinker, Aspire, Accelerates, Augment) for startups and student entrepreneurs. It provides co-working space, state-of-the-art laboratories (FAB Lab, Rapid Prototyping Lab, IoT Lab, Shared Resources Lab), mentorship from 50+ experts, funding facilitation (including EiR grants of ₹5–10 lakhs under AUGMENT), legal/accounting/IPR support, and training workshops, while operating as the hub for 12+ spoke centers across LNCT Group institutions in Central India.

Product overview

KLIC (Kalchuri LNCT Group Incubation Center) is a Technology Business Incubation Center promoted by LNCT Group of Institutions and Universities to support Atmanirbhar Bharat. It operates as an ecosystem hub with spoke centers across multiple LNCT campuses. The center provides a structured four-stage incubation program (Tinker, Aspire, Accelerates, Augment) alongside facilities including FAB Lab, Rapid Prototyping Lab, IoT Lab, co-working spaces, and mentorship networks. KLIC supports startups across focus areas including Medical, Ayurveda, Agriculture, SAAS, Software Technology, Bio-Technology, Engineering Technology, and Renewable Technology. The portfolio includes various AI-powered startups in healthcare, agritech, business automation, and deep-tech sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Four-Stage Incubation Program (Tinker, Aspire, Accelerates, Augment) A structured four-stage incubation program (Tinker – ideation, Aspire – validation, Accelerates – growth, Augment – scaling) designed for early-stage startups and student entrepreneurs to develop ideas into market-ready businesses with progressive support at each stage.
• Co-Working Space Professional office and co-working space provided to incubated startups for exclusive use, supporting productivity, collaboration, and operational infrastructure.
• Laboratory Facilities (FAB Lab, Rapid Prototyping Lab, IoT Lab, Shared Resources Lab) State-of-the-art laboratory facilities including FAB Lab, Rapid Prototyping Lab, IoT Lab, and Shared Resources Lab providing prototyping, product development, and connected device solution infrastructure to incubated startups.
• Mentorship Services Pool of 50+ domain-specific and generic expert mentors who guide incubated startups through challenges and provide advisory support in their respective areas of expertise.
• EiR Grant Funding Facilitation (AUGMENT Accelerator) Facilitation of EiR (Entrepreneur in Residence) grants of ₹5–10 lakhs under the AUGMENT Accelerator and MeitY GENESIS scheme, connecting startups with investors and funding partners including Boudhik Ventures and MSME Startups Forum.
• Training and Workshops Domain-specific and general training sessions, workshops, and events conducted by experts to enhance startup knowledge and skills, including entrepreneurship awareness camps, hackathons, and Faculty Development Programmes.

Quantifiable outcome

• 6 startups received EiR grants of ₹5-10 lakhs under AUGMENT Accelerator program
• +3 more outcomes

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Scope Global Skills UniversityminorStrategic or Co-development Partner · 14 March 2026Organized Navonmesh 2026 event where KLIC-incubated startups participated and won awards.
• FED EXPO 2025minorGTM or Marketing Partner · 21 November 2025KLIC participated in FED EXPO 2025 at Govindpura Exhibition Center, Bhopal, showcasing innovations and interacting with Hon'ble CM Dr. Mohan Yadav.
• AWS ActivatecoreTechnology or IntegrationAmazon Web Services cloud credits and support program for startups, providing cloud infrastructure to KLIC-incubated startups.
• Digital IndiaminorOthersGovernment initiative supporting digital ecosystem development for startups.
• Startup IndiaminorGTM or Marketing PartnerGovernment startup initiative providing platform visibility and startup ecosystem connections.
• 10000 Startups IndiaminorGTM or Marketing PartnerStartup support initiative providing resources and platform access for early-stage companies.
• Aspire For HerminorStrategic or Co-development PartnerOrganization supporting women entrepreneurs and providing gender-inclusive startup ecosystem development.
• ICAI Bhopal ChapterminorStrategic or Co-development PartnerInstitute of Chartered Accountants of India - hosted Startup Conclave 2026, connecting startups with HNIs and CA community for investor networking.
• Anupam Incubation & Innovation CentercoreStrategic or Co-development PartnerKLIC-AIIC operates in partnership with Anupam Incubation & Innovation Center for MeitY GENESIS implementation, jointly hosting events and managing startup programs.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Atal Innovation Mission (AIM): NITI Aayog's national flagship program supporting innovation and entrepreneurship via Atal Incubation Centers across India. AIM is a broad incumbent peer of KLIC since KLIC operates within the same government-backed incubation ecosystem, though AIM operates at national-policy scale rather than as a single incubator.
• TiE (The Indus Entrepreneurs): Global non-profit network supporting entrepreneurs through mentorship, events, and investor networks with a strong India presence. Comparable to KLIC in building entrepreneurship communities and connecting founders with mentors and funding, though TiE is an industry network rather than a single physical incubation center.

Direct peers

• SINE IIT Bombay: Technology business incubator at IIT Bombay that supports early-stage startups across sectors with mentorship, lab access, and seed funding. Mirrors KLIC's academic-affiliated, multi-disciplinary incubation model and uses a hub model connected to a deep alumni network — the same strategic playbook KLIC replicates at LNCT.
• IIM Calcutta Innovation Park (IIMCIP): IIM Calcutta's startup incubation entity running accelerators and seed programs for early-stage ventures. Comparable to KLIC as a management institution-linked incubator offering structured incubation, mentorship, and investor connections for founders across multiple sectors.
• IIT Madras Research Park: IIT Madras's deep-tech and technology incubation hub providing infrastructure, mentorship, and industry connections for startups. Strongly comparable to KLIC as an academic-linked technology business incubator with hardware/lab infrastructure and government-backed program affiliation (similar to MeitY GENESIS).
• Venture Center Pune: Technology business incubator hosted at CSIR-NCL Pune supporting science and technology startups with lab access, mentorship, and seed funding. Similar to KLIC in operating as a sector-spanning TBI with lab infrastructure, government affiliations, and structured cohort programs across multiple verticals.
• KIIT Technology Business Incubator (KIIT-TBI): Technology business incubator at KIIT University supporting student entrepreneurs and early-stage startups with lab facilities, mentorship, and funding access. Highly comparable to KLIC as a university-promoted TBI serving student founders, with multiple focus areas and government scheme affiliations.
• NSRCEL IIM Bangalore: IIM Bangalore's startup incubation center offering mentoring, co-working, and accelerator programs for early-stage ventures. Comparable to KLIC in providing structured cohort programs from a flagship educational institution, though more entrepreneurially mature with a longer track record of successful exits.
• T-Hub Hyderabad: India's largest state-sponsored startup incubator, providing cohorts, mentorship, and corporate partnerships. Comparable to KLIC as a hub-and-spoke incubator leveraging institutional support and government schemes, though at significantly larger scale and with broader national/international exposure.
• CIIE IIM Ahmedabad: IIM Ahmedabad's technology business incubator offering accelerator programs, mentorship, and seed funding. Comparable to KLIC's mission of supporting early-stage ventures from a reputed educational institution, though CIIE is more focused on fintech, cleantech, and consumer sectors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/klic-l-kalchuri-lnct-group-incubation-centers

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

Investments

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

Frequently asked questions about KLIC l KALCHURI LNCT GROUP INCUBATION CENTERS