SAMRIDH Scheme: Transforming Indian Software Product Start-ups 2026

The Startup Accelerator of MeitY for Product Innovation, Development, and Growth (SAMRIDH) is a flagship initiative by the Ministry of Electronics and Information Technology (MeitY). Aimed at bridging the gap between prototype and product-market fit, this scheme focuses on scaling Indian software product startups to a global level through financial support and robust mentorship.

What is this scheme?

SAMRIDH is designed to provide funding support to startups through selected accelerators. The scheme does not just focus on capital but emphasizes building a conducive ecosystem for software products to achieve scale. It operates by identifying potential accelerators that can provide mentorship, market entry, and operational support to early-stage startups in exchange for equity.

Who is eligible?

• The start-up must be incorporated in India as per DPIIT regulations.
• The start-up should have a software product or a software-linked hardware product at the MVP (Minimum Viable Product) stage.
• The start-up must have at least one full-time founder with a relevant technical background.
• Start-ups should have a proof of concept and be ready to scale in the market.
• Accelerators applying must have been in the incubation business for at least 3 years.

How much money?

Under the scheme, MeitY provides investment of up to ₹40 lakh per start-up, based on the current stage of the product and its growth potential, usually through a matching funding model by the accelerator.

Documents needed

1. Certificate of Incorporation
2. DPIIT Recognition Certificate
3. Pitch Deck explaining the software product
4. Proof of Concept (PoC) or MVP Documentation
5. Founder(s) KYC (Aadhar, PAN card)
6. Audited Financial Statements (if applicable)

How to apply (step by step)

1. Visit the MeitY Startup Hub (MSH) official portal.
2. Check for open cohorts or calls for applications from empaneled accelerators.
3. Register the start-up on the portal and fill in the detailed application form.
4. Submit the product pitch, business plan, and technical architecture.
5. Undergo a screening process by the Investment Committee of the chosen accelerator.
6. If selected, the start-up enters the acceleration program and receives the tranches of funding.

Important dates

Conclusion

The SAMRIDH scheme serves as a catalyst for Indian entrepreneurs who have moved past the initial ideation phase and are ready to tackle global markets. By providing both the capital and the strategic networking needed, MeitY is ensuring that India becomes a 'Product Nation'. Startups looking to scale rapidly should keep a close watch on the MeitY Startup Hub for the next cohort announcement.