FundedIQ

Grant Funded Startups in India

Disclosed grant sizes cluster tightly around $60K–$100K, with one clear outlier: Weather Risk Management Services’ $2M grant (2022-06-14) dwarfs the next-h…

Disclosed grant sizes cluster tightly around $60K–$100K, with one clear outlier: Weather Risk Management Services’ $2M grant (2022-06-14) dwarfs the next-highest disclosed amounts, while the rest of the disclosed figures top out at $500K (Hesa, 2021-10-06) and mostly sit at $60K ($60K appears for Bellatrix Aerospace, Digantara, SatSure, Satyukt, and Skyroot Aerospace on 2022-08-04). The largest disclosed round in this view is $4M for Qure AI (2022-02-07), which is far above the cluster of $60K rounds.

The geography is also concentrated: Hyderabad, Secunderabad, and Bangalore/Bengaluru account for the majority of rows (e.g., RACEnergy and IMAGINATE in Hyderabad on 2022-10-04 and 2022-10-03; Bellatrix Aerospace, Digantara, SatSure, and Satyukt in Bengaluru on 2022-08-04; Hesa in Secunderabad on 2021-10-06). Temporally, there’s a mid-year spike with five entries closing between 2022-08-04 and 2022-09-07, and the displayed window runs from 2021-08-25 (The/Nudge Foundation) to 2022-10-04 (RACEnergy), with 14 rows total and one undisclosed amount (GO DESi, 2022-09-07).

Most recent rounds

14 shown

Related listings

Frequently asked

What stands out in grant size—are there outliers compared with the bulk of disclosed amounts?

Qure AI’s $4M grant (2022-02-07) is the largest disclosed amount in the 14-row view. It sits well above the repeated $60K grants on 2022-08-04 (Bellatrix Aerospace, Digantara, SatSure, Satyukt, Skyroot Aerospace) and also above Weather Risk Management Services’ $2M grant (2022-06-14).

Are specific cities or regions over-represented in these recent India grant rounds?

Hyderabad-related locations dominate: RACEnergy (Hyderabad, 2022-10-04) and IMAGINATE (Hyderabad, 2022-10-03) bookend the latest period, and Millet Bowl + PerspectAI are also listed in Hyderabad on 2022-03-28. Bengaluru/Bangalore and nearby Secunderabad appear repeatedly too, including Hesa (Secunderabad, $500K on 2021-10-06) alongside multiple Bengaluru-based $60K grants on 2022-08-04.

Do the rounds cluster in a narrow time window rather than being evenly spread?

Yes. Five rows share the same round date of 2022-08-04 (Bellatrix Aerospace, Digantara, SatSure, Satyukt, Skyroot Aerospace), each showing $60K, creating a clear temporal cluster. Another notable concentration occurs around late March 2022, when Millet Bowl ($100K) and PerspectAI ($100K) both close on 2022-03-28.

How concentrated are the grant sizes around the $60K–$100K range versus larger disclosed rounds?

Across the disclosed amounts, $60K and $100K appear repeatedly: five separate companies list $60K on 2022-08-04, and both Millet Bowl and PerspectAI list $100K on 2022-03-28. Larger disclosed grants exist (Weather Risk Management Services at $2M on 2022-06-14; Hesa at $500K on 2021-10-06; Qure AI at $4M on 2022-02-07), but the most frequent values are concentrated in the $60K–$100K band.

Which sectors show up multiple times in this set, and how do they relate to the repeated $60K date?

Agriculture and Farming is present in multiple rows (Satyukt $60K on 2022-08-04; Weather Risk Management Services $2M on 2022-06-14). Hardware also clusters (IMAGINATE with $10K on 2022-10-03 plus Digantara with $60K on 2022-08-04), while the five $60K entries on 2022-08-04 span Manufacturing, Hardware, Artificial Intelligence (AI), Agriculture and Farming, and Science and Engineering.

Are there any undisclosed amounts or the smallest disclosed figure that may affect comparisons?

One entry is undisclosed: GO DESi (Food and Beverage) on 2022-09-07. Among disclosed amounts, the smallest shown is $10K for RACEnergy (2022-10-04) and IMAGINATE (2022-10-03), which are far below the $60K multi-company cluster on 2022-08-04.

Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.