Upto INR 1 crore per startup. One of the ten incubators in India that can provide scaled funding.
Incubation and co-working spaces in Kollam, Bengaluru and Coimbatore with access to 100+ cutting edge multidisciplinary labs at Amrita Vishwa Vidyapeetham.
No tax for revenue upto INR 50 lakhs per year for a period of 3 years.
Amrita TBI Fab Lab facilitates the innovators to iterate their Ideas with help of prototyping and testing facilities such as 3D printing, PCB printing, CNC Machines, IoT kits, Networking devices etc.
Access to VCs and angel investors for scaled funding.
One -to -one mentorship from world class mentors from India,Silicon valley and Singapore.
Selected startups are provided incubation and funding support at Amrita TBI. The duration of incubation is 2 years. Funding is provided to prospective startups through loan/equity. The quantum of funding is up to INR 1 Crore. Funding for startups is provided through
Amrita TBI also works with angel and VC funds in India that can invest in startup companies.
Amrita TBI offers both physical and virtual incubation. Co-working spaces located at three prime locations of Amrita Vishwa Vidyapeetham campuses- Amritapuri, Coimbatore & Bengaluru offer the following facilities:
GST exemption for services provided by an incubatee upto a total turnover of fifty lakh rupees in a financial year subject to the following conditions :
Startups incubated at Amrita TBI have access to partnered VCs for investments. Ah! Ventures, Ankur Capital, Indian Angel Network and Gazelle Ventures are Investor Partners with Amrita TBI to name a few.
Amrita TBI brings in both national mentors and international mentors from Silicon Valley with varied experience across multiple domains and sectors. They have been executives at Fortune 500 companies, built startups and products with the local and global appeal.
$1000 credit from AWS for startups incubated at Amrita TBI and $5000 credit for funded startups
$3000 credit from Digital Ocean for Amrita TBI Incubated startups
Startups at Amrita TBI can hire students from Amrita Vishwa Vidyapeetham on a part-time and full-time basis. Students can be hired across multiple disciplines of engineering, business, commerce, arts, multimedia etc. Amrita Vishwa Vidyapeetham is a top-ranked private university in India.
With 100+ Labs across multiple disciplines at Amrita Vishwa Vidyapeetham and Amrita TBI, startups can avail the various lab facilities to build prototypes, set up test environments and test the various features of their product. The large fraternity at the University can be used to gauge the initial feedback of customer.
Legal services for startups will be provided through Amrita TBI partners. Our legal partners, offers up to 20% discount on the professional fee for startups incubated with Amrita TBI.
CEO, NITI Aayog
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