MeitY's SAMRIDH Programme Supports 5 Startups through Accelerator-led Innovation; ₹1.81 Crore Disbursed under the Programme
Issued by Ministry of Electronics and Information Technology
Read or download the official PDF of this gazette notification issued by the Ministry of Electronics and Information Technology on 12th August 2026. Classified under Press Release.
Executive Summary & Key Takeaways
Executive Summary The SAMRIDH programme, designed to accelerate approximately 300 startups across various technology sectors, successfully concluded on January 31, 2026. This report details the disbursement of ₹1.81 crore to the Kalpataru Centre of Excellence in Andhra Pradesh to support five specific startups. The progress and financial allocations of the initiative were formally presented to the Rajya Sabha on August 7, 2026.
Key Points / Main Content
Programme Scope and Objectives
- Target: The Startup Accelerator of MeitY for Product Innovation, Development, and Growth (SAMRIDH) aimed to support 300 startups through existing and upcoming accelerators.
- Focus Sectors: Included Health-tech, Ed-tech, Agri-tech, Consumer-tech, Fin-tech, SaaS, and sustainability sectors.
- Timeline: The programme reached its conclusion on January 31, 2026.
Funding and Financial Support
- Accelerator Grants: Selected accelerators received financial support of ₹2 lakh per supported startup.
- Startup Funding: Startups were eligible for matching funding up to a maximum of ₹40 lakh.
- Andhra Pradesh Allocation: A total of ₹1.81 crore was allocated and disbursed to the Kalpataru Centre of Excellence (CoE) in Visakhapatnam.
Regional Implementation in Andhra Pradesh
- Selection Process: Out of seven Expressions of Interest (EoI) submitted from various districts, the Kalpataru CoE by AIC STPINEXT Initiatives was selected.
- Supported Startups: Five startups were selected for support: Aerogravity Private Limited, Cairovision Private Limited, Epsum Labs Private Limited, Scraptechies Solutions Private Limited, and Voptimaise Climate Tech Solutions Private Limited.
Governance and Monitoring
- Oversight: The MeitY Start-up Hub (MSH) under the Digital India Corporation (DIC) monitors the performance of selected accelerators.
- Evaluation Metrics: Performance is measured using qualitative and quantitative parameters, including the annual tracking of revenue and valuation growth of the startups.
Impact Analysis
Selected Accelerators (e.g., Kalpataru Centre of Excellence) Impact Accelerators received direct financial support and the mandate to implement innovation programmes within their regions. Action Required Must implement the programme according to guidelines and report performance metrics to the MeitY Start-up Hub.
Supported Startups Impact Startups gained access to matching funding up to ₹40 lakh to facilitate product innovation, development, and growth. Action Required Required to participate in the acceleration programme and provide data for annual revenue and valuation growth tracking.
MeitY Start-up Hub (MSH) / Digital India Corporation (DIC) Impact Responsible for the strategic oversight and the evaluation of the programme’s efficacy. Action Required Must continue to monitor the qualitative and quantitative parameters of the accelerators to ensure programme objectives are met.